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GYPPC
Operates
the
Venture
Investment
Fund
effectively
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The
GYPPC operates the
venture investment
fund effectively,
which has helped a
lot of hi-tech industries
and projects and has
made the operational
fund double.
On the basis of the
statistics, from 1998
to 2003, the venture
investment fund of
GYPPC has been increased
from RMB62 million
yuan to RMB147 million
yuan, achieving the
income of RMB4.5 million
yuan and the grass
profit and tax of
RMB1.4 million yuan.
Currently, there have
been 6 invest projects,
24 guarantee projects
and 36 borrowing projects
supported by GYPPC,
with the amount up
to RMB16.3 yuan, RMB
72.67 million yuan
and RMB 40.855 million
yuan, involving industries
in biological pharmacy,
new material, mechanical
electronics, agriculture,
chemical industry,
IT, etc.
In 2002, GYPPC
was selected by
the Ministry of
Science and Technology
as one of the
first three national
pilots of key
productivity promotion
center for its
strong service
ability, comprehensive
strength and competitiveness.
GYPPC is just
the only national
key productivity
promotion center
in China’s West
Region.
Yang Jianguo,
the director of
GYPPC, introduced
that the venture
investment fund
is operated by
Guiyang Science
and Technology
Venture Investment
Co., Ltd subordinated
to GYPPC and comes
from the municipal
three S&T
expenditures with
RMB2 million yuan
in 1998, RMB5
million yuan in
1999 and RMB10
million yuan from
the year of 2000
to 2010.
During the latest
years, the investment
company has operated
the venture investment
fund as the following:
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