The Russia-China Investment Fund, Suiyong Capital and Dazheng Investment Group have launched the China-Russia Regional RMB Fund and started analyzing potential projects.

1. RCIF, Suiyong Capital and Dazheng Investment Group launch the China-
Russia Regional RMB Fund
Beijing, April 26, 2019 - The Russia-China Investment Fund (RCIF), Suiyong
Capital and Dazheng Investment Group have launched the China-Russia Regional
RMB Fund and started analyzing potential projects. The corresponding
announcement has been made after a joint report to the Heilongjiang Provincial
Government by the three shareholders during the 2019 Belt & Road Forum and the
official visit of President of the Russian Federation Vladimir Putin to Beijing.
The Fund mainly focuses on investment into strategic important projects in Russia
and China in equal proportion, setting up itself as the first and most important
example of implementing regional cooperation between the two countries (Moscow
Region, Far East, and Northeastern China). For Chinese projects, more focus will be
put on Belt and Road related projects and other perspective sectors.
Initially the Fund holds RMB 1bn (around $150mn) under management. The Fund's
target capital, which will be raised from leading institutional investors in China, is
RMB 6-7bn (around $1bn). The concept of the Fund was initiated from the Inter-
regional Cooperation Council of the China-Russia Committee of Friendship, Peace
and Development.
The parties have identified priority areas of cooperation, and are now studying a
number of specific investment opportunities in natural resources, financial services,
industrial manufacturing and healthcare sectors. The parties also focus on the
supportof Russia’s state strategy for technology development and investments.
Kirill Dmitriev, CEO of RDIF and Co-CEO ofRCIF, said:
"The Fund will engage in the implementation of strategically important investment
projects, focused on the Central Federal District, the Far East of Russia and the
north-eastern part of China. The Fund will actively promote the strengthening of
economic ties at an inter-regional level, through the use of national currencies in all
settlements. The China-Russia Regional RMB Fund virtually is the first active RMB
fund focusing on Russia and China. It is one of the most important examples of
regional cooperation between the two countries".
Bing Hu, Co-CEO and President of RCIF, said:
"The China-Russia Regional RMB Fund is a landmark example of the productive
development of the bilateral regional cooperation. It is especially important that the

2. fund is formed in RMB, which will reduce foreign exchange risk between RMB and
RUB via other currencies. We are pleased that RCIF participated in the initiation of
this Fund and we welcome new partners as the two countries continue to develop
their regional cooperation."
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Russia-China Investment Fund (RCIF) is a joint fund, established by the Russian
Direct Investment Fund and China Investment Corporation (CIC). The activity of
RCIF is aimed at development of bilateral economic, trade and investment relations
between Russia and China. Further information can be found at www.rcif.com
Suiyong Capital is a large mixed-ownership investment company funded by its
major shareholders of Guangzhou Industrial Investment Fund and Shanshan
Corporation. Suiyong Capital has paid-up registered capital of RMB 3bn and is
mainly engaged in the acquisition and disposal of non-performing assets, venture
capital (VC) funds, private equity investment (PE) funds and financial industry
investment, etc.
Dazhen Investment Group is a financial holding platform of the Heilongjiang
Provincial Government with total assets of RMB 9.368bn. The main investments
made by the Company include Longjiang Bank, Jianghai Securities, private equity
funds and other financial institutions as well as a group of high-tech enterprises
represented by HIT RobotGroup.
For additional information contact:
Arseniy Palagin Andrew Hayes/ Andrew Leach
Russian Direct InvestmentFund Hudson Sandler
Press Secretary Tel: +44 (0) 20 7796 4133
Tel: +7 495 644 34 14, ext. 2395
Mobile: +7 916 110 31 41
E-mail: arseniy.palagin@rdif.ru
Jessy Zheng
Russia-ChinaInvestmentFund
Beijing, China
Tel.: +86 10 5762 9000
Fax: +86 10 57629111
jie.zheng@rcif.com
YuryS. Trofimov
Russia-ChinaInvestmentFund
Moscow, Russia
Tel.: +7 (495) 230-05-55ext. 4243
Mob.: +7 (985) 765-13-12
yury.trofimov@rcif.com