Nuoheng Won the Bidding of Weifang High Tech Zone Finance Investment Holding Group Co., Ltd.

On April 24, Nuoheng won the bidding of Weifang High Tech Zone Finance Investment Holding Group Co., Ltd.'s project of establishing a social intermediary agency database, which will help to improve the legal professional strength of the company and strengthen the company's compliance management and risk control capacity construction, while providing the company with a range of professional legal services, including due diligence of the target enterprise for investment, design of the transaction framework, preparation of the agreement and business negotiation.

Weifang High Tech Zone Finance Investment Holding Group Co., Ltd. is a state-owned large-scale financial investment company held by State-owned Assets Management Bureau of Weifang High Tech Zone, with a registered capital of 900 million yuan, entrusted with the management of various types of government funds and foreign investment with its own funds.

The company establishes the fund through equity participation and follow-on investment, and guides financial institutions and social capital to serve the development of local economy and society by investing in bonds, trusts and other financial products, thus giving full play to the prying effect of governmental finance and synergistic effect of policy resources. This is of great significance in deepening the reform of state-owned enterprises, improving the efficiency of investment and operation of state-owned financial capital, promoting the integrated development of Fintech, as well as promoting the transformation of scientific and technological achievements and the development of industrial clusters.