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Pingtan's QFLP program continues to attract foreign investment, with $7.15 billion committed capital

en.ptnet.cn | Updated:2023-07-12 | Lin Kongbo, Stephanie

Pingtan Financial Port has announced that Fujian Equator Oasis Equity Investment Partnership (Limited Partnership) has been granted the Qualified Foreign Limited Partner (QFLP) status in Pingtan. The QFLP program allows foreign investors to participate in the local market and is part of Pingtan's broader strategy to attract foreign investment and encourage economic growth.


Fujian Equator Oasis Equity Investment Partnership (Limited Partnership) was established by Shenzhen Equator Fund Management Co., Ltd. and Cayman Islands Equator Fund, with a committed capital of $30 million. The QFLP qualification is a significant milestone for the Equator Fund's global investment ecosystem and will further enhance their ability to provide diversified asset allocation services.


Pingtan Financial Port played a crucial role in helping Fujian Equator Oasis secure the QFLP qualification by providing professional and efficient services. The financial port has been actively promoting the QFLP program and supporting foreign enterprises in their efforts to expand their businesses in Pingtan.


According to Yang Zhe'an, chairman of Pingtan Financial Port, the successful implementation of the QFLP program is an important achievement in the development of Pingtan's industrial ecosystem. It also demonstrates the region's commitment to utilizing foreign investment to broaden financing channels and reduce financing costs.


The Pingtan government will continue to support the QFLP program and leverage equity funds to support the development of local businesses. They will also continue to utilize the financial port's advantages in attracting foreign investment and encourage more foreign enterprises to establish QFLP enterprises in Pingtan.


To date, Pingtan's QFLP program has attracted a total of five QFLP enterprises, with a committed capital of $7.15 billion.


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Editor in Charge:Lin Kongbo
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