On November 2nd 2017, the representative of ZVCA paid a return visit to Tianxing Capital which is the leading enterprise in New OTC(Over the Counter)Market.

Ms. Fei QI, Secretary Member of BRICS Initiative, Partner in Charge of Tianxing Capital, and Ms. Jingxuan ZHANG,Director of Post Investment of Tianxing Capital, introduced currently the project’s situation of Tianxing, and reached a deep consensus with Hongxu ZHENG, Secretary Member of BRICS Initiative,Richlink Capital, Zhaojian LV, Partner of EVEREST, Yongxiang DING, President Assistant of ZVCA.

Key points as follow:

1. According to Mr. Yan LIU, President of Tianxing Capital,fully support to BRICS Initiative, they selected over 50 project to meet the requirement of the Initiative, and will submit electronic file by the end of this Friday.

2. Based on the better cooperation between EVEREST and Tianxing Capital before, they reached a high level in this meeting, and they will batch check interested project of each other, and was hoping to born 10 project by the end of the year.

3. Tianxing Capital can be competent for the Secretary of the Standing Committee of BRICS Initiative, from quantity and quality of the offered project, the support for BRICS Initiative, as well as its enthusiasm.

4. Next the highest priority is to convene the enterprises which own the largest project, and have consensus among the leaders, to accelerate the project progress.

5. The BRICS Initiative needs to continue to absorb excellent venture capital institutions, and the BRICS Institutions have the priority to recommend.

6. Richlink Capital, as the excellent representative of family wealth management,is encouraged to select more excellent projects from BRICS project Library to bring your superiority into full play.

7. Next week, President WANG and President XIAO would implement this Initiative from the BRICS Leaders, and to deepen the cooperation.

8. In view of the excellent project, it also need to understand each other even if there is no financing needs to improve the cognitive and professional understanding of various industries industry. The black and white list system of the have been invested enterprises is a good solution to solve the pain points innovation.

After in-depth exchanges, the secretary members and representatives wanting more, from investment to philosophy, the different institutions of BRICS exchange learning, this will lay a good foundation of trust and communication mechanism.

The BRICS Initiative is on progressing, a flower a world, there is a new development at the corner.