On August 20, 2018, the legal opinions on registration of a private equity fund manager issued by ZhongYin (Shenzhen)’s senior partner Li Xianghong and associates Shi Lei and Xie Lu for Xichong Xixin Yintai Equity Investment Fund Management Co., Ltd. (short name Xichong Xixin Yintai) was approved by the Asset Management Association of China under registration number P1068872.

Xichong Xixin Yintai is a private equity and venture capital fund manager established with joint investment from Finance Bureau of Xichong County under Sichuan Province, Beijing Xinhe Lize Investment Asset Management Co., Ltd. and Chengdu Jingkun Enterprise Management Consulting Service Co., Ltd. The shareholder Finance Bureau of Xichong County is an important functional department of the People's Government of Xichong County. The shareholder Beijing Xinhe Lize Investment Asset Management Co., Ltd. mainly engages in project investment and management. As entrusted by financial institutions, it will engage in financial information technology and financial knowledge process outsourcing services, and has successfully assisted a number of companies to issue and offer various products such as corporate bonds and funds. Xichong Xixin Yintai will, by relying on the identity of one of the shareholders as government’s functional department and the experience of the other shareholders in the financial industry, seek affordable housing, shantytown renovation, land remediation, park construction, sewage treatment, environmental protection, road and bridge, education and culture, medicine and health, and other urban public infrastructure construction projects in Xichong county covered by the budget of Xichong county government for equity investment.

Li Xianghong, Shi Lei, and Xie Lu, through legal due diligence, assistance in rectification, improvement of various rules and regulations, internal audit, and issuance of legal opinions and other work, advised Xichong Xixin Yintai with high-quality legal services on its registration as private equity fund manager, and has been highly recognized and appreciated by the client.