The partners of a limited partnership are composed of limited partners and general partners. Investors are limited partners and bear limited liability to the extent of their capital contributions; fund managers are general partners and bear unlimited liability.

Partners of a limited partnership shall sign a written contract. The partners' capital contribution proportions, distribution relationships, operating and management authority, and other rights and obligations shall be agreed upon by the partners in the contract.

The registration and management measures for limited partnerships shall be separately stipulated by the municipal government. Article 18: After the investment amount of venture capital institutions in high-tech enterprises in the high-tech zone reaches a certain proportion of the total investment, they can enjoy the preferential policies of the municipal government to support high-tech industries. The specific ratio is determined by the municipal government. Article 19: The municipal government encourages venture capital institutions to focus on investing in enterprises or projects that are in the start-up stage and have high-tech content and development prospects. Article 20 Venture capital institutions may recycle their venture capital through corporate mergers, equity repurchases, securities market listings, and other methods.