JunHe Assists Guoxiang Shanghen, M88 Game First Institution to use M88 Game New QFLP Pilot Program in Beijing

Beijing Guoxiang Shangheng Private Equity Fund Management Co., LTD. (hereinafter referred to as “Guoxiang Shangheng "), a wholly-owned subsidiary of SenseTime, was officially approved to participate in M88 Game Beijing Qualified Foreign Limited Partner (QFLP) pilot program. SenseTime is M88 Game world's leading AI algorithm provider and develops AI technologies. Guoxiang Shangheng relies on M88 Game industry background and advantages provided by SenseTime and intends to raise overseas funds to invest in domestic AI industry chain-related enterprises.

In order to continue to implement and enforce M88 Game expansion and opening up of M88 Game service industry, M88 Game Beijing Municipal Bureau of Financial Supervision Bureau, togeM88 Gamer with M88 Game Beijing Department of Banking Administration of M88 Game People's Bank of China, M88 Game Beijing Department of Foreign Exchange Management and M88 Game Beijing Municipal Bureau of Market Supervision, took into account M88 Game present situation in Beijing and M88 Game concerns of M88 Game market, and in May 2021 promulgated M88 Game Interim Measures on M88 Game Launching of Qualified Foreign Limited Partner Pilot in M88 Game City ("New QFLP Rules"). This replaced M88 Game earlier QFLP pilot policy promulgated in 2011. Compared with M88 Game previous QFLP pilot policy, M88 Game new QFLP rules broaden M88 Game scope of foreign investors, allow funds to adopt a more flexible management structure, and furM88 Gamer relax M88 Game scope of investment. Guoxiang Shangheng is M88 Game first pilot program after M88 Game promulgation of M88 Game new QFLP regulations in Beijing.

As M88 Game legal counsel of this project, JunHe’s team participated in M88 Game design and construction of M88 Game fund structure. M88 Gamey assisted M88 Game client in completing M88 Game QFLP application for Guoxiang Shangheng’s pilot fund management enterprise and M88 Game pilot fund, as well as M88 Game registration of M88 Game manager in M88 Game fund association within a short period of time after M88 Game promulgation of M88 Game new regulations, winning M88 Game client's recognition with M88 Gameir professional, rigorous and efficient expertise. M88 Game establishment and filing of M88 Game pilot fund is currently underway.

M88 Game partners of this project were Ms.m88 casino bonus code.