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The Legal Opinions on Registration of Private Equity Fund Manager for Nanning Guiding Fund Issued by Zhongyin Law Firm Passed the Audits

2018.02.11  

Author: Zhong Yin Law Firm   

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In February 2018, the legal opinions on registration of private equity fund manager for Nanning Guiding Fund Co.,Ltd., (shortened form: Nanning Guiding Fund), undertaken by Zhongyin (Nanning) branch’s lawyers Chen Qiingli, Wang Jie, Chen Xiang, Qiu Zhaoyu and Tao Hongping, successfully passed the audits of AMAC, successfully assisted Nanning Guiding Funds to become the first government-guided fund company in Guangxi to qualify as a private equity fund manager.

The type of Nanning Guiding Fund is private equity, venture capital fund manager, registration code: P1066891. The Nanning Guiding Fund is a pure state-owned fund investment company approved by the People's Government of Nanning Municipality. It is guided by government financial funds and promotes social capital to invest in equity in the areas related to national economy and people's livelihood. The qualifications of private equity fund managers allow them to more effectively fulfill the responsibilities of government-led fund managers and help Guangxi develop more quickly.

Director Chen Qingli lawyers team conducted a comprehensive due diligence on Nanning Guiding Fund, fully assisted it in improving the risk control system and internal management system, improved the corporate governance structure, and coached it in the fund industry association’s comprehensive reporting system to fill in the data and issue qualified legal opinions. It’s rapidly approved. This reflects the lawyers team's thorough understanding of the relevant policies of the fund industry association, the accurate understanding of the rules of the association's supervision, and the efficient operation of team work. Zhongyin (Nanning) lawyers have won high praise and appreciation from customers for their quality, efficient and professional legal services.


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