- About Wuxi
A few days ago, Jiangsu Jiequan Junhai Rongxin Investment Fund, jointly initiated by the Jiangsu Provincial People’s Government Investment Fund, SK Hynix (Wuxi) Investment Co., Ltd., Legend Holdings, Wuxi Government and Wuxi National Hi-Tech District, settled in Wuxi. Du Xiaogang, Mayor of Wuxi, met with distinguished guests of SK Group and attended the signing ceremony. Zhao Jianjun, Director of the Jiangsu Provincial Department of Commerce, Zheng Weiguo, Deputy Director of the Jiangsu Provincial Commission of Development and Reform, Ma Xiaoping, second-level inspector of the Jiangsu Provincial Department of Industry and Information Technology, Xu Honglin, Deputy Director of the Jiangsu Provincial Department of Finance, Sun Jin, Deputy Director of the Jiangsu Provincial Department of Commerce, and Jiang Min, Vice Mayor of Wuxi, Secretary of Party Working Committee of Wuxi National High-tech District and Secretary of CPC Wuxi New District Committee, attended the event.
Mr. Du Xiaogang welcomed all the guests and thanked SK Group for its long-term care and support for Wuxi's development. At present, Wuxi is unswervingly opening up wider to the outside world in accordance with the requirements of the state and making every effort to build the most friendly city for foreign investment. Wuxi will further cooperate with SK Group, accelerate the work in establishing a high-level coordination mechanism at the municipal level, fully promote the comprehensive cooperation between the two sides, and help projects such as IC industrial park, hospital and school of SK Hynix start, complete and reach design capacity as early as possible. Wuxi will also continue to implement the "administrative fast-track" mechanism to ensure safe, quick and smooth personnel exchanges. He hoped that SK Group could continue to support the construction and development of Wuxi, bring more high-quality projects and resources to Wuxi, and jointly initiate a better tomorrow of mutual benefit and win-win result with Wuxi.
Jiangsu Jiequan Junhai Rongxin Investment Fund, as the first sub-fund of the Jiangsu Provincial People’s Government Investment Fund in cooperation with foreign investment, has a scale of 2 billion yuan and is going to focus on investment in key fields and parts of the information technology industry in Jiangsu by relying on the resource advantages of SK Hynix (Wuxi) Investment Co., Ltd. and Legend Holdings and the professional advantage of the fund management team. The establishment of the fund is of great significance to promoting the construction of the Sunan National Innovation Park, building an advanced manufacturing cluster in information technology and IoT in Jiangsu and enhancing the core competitiveness of the information technology industry in Jiangsu.