China National Nuclear Corporation (CNNC) just signed a partnership agreement Haiyan Nuclear City to create the nuclear industry investment fund. The fund, which obtained it business license, was registered in Haiyan (Zhejiang Province) and established in Qinshan nuclear city.
The initial investment worth of 1 billion yuan (USD 147 Million) will be mainly engaged in the nuclear industry supply chain.
This Fund is able to connect Haiyan Nuclear Power City to the State-Owned Enterprises (SOEs) and local enterprises in China through the capital bond.
This fund aims to become a magnet for cutting edge enterprises in Haiyan to invest, and create an innovative environment with the nuclear industry in Zhejiang.