On November 1, 2023, Guangdong Yueke Fund of Funds Investment Management Co., Ltd. (“Yueke FoF”), a subsidiary of Guangdong Technology Financial Group, successfully acquired the pilot funding qualification as a Qualified Foreign Limited Partner (QFLP) in Guangzhou Nansha New Area.

Jingtian & Gongcheng’s Guangzhou Office advised Yueke FoF on its successful application of a QFLP funding amount of RMB 7.3 billion (or an equivalent in foreign currency), the highest amount approved in Guangdong Province up to now.