JSGX Co Ltd, the only provincial-level state-owned capital management company in East China’s Jiangsu province, signed an agreement with SIP-based investment and financing service company ORIZA Holdings on Nov 21 to make investment in the latter and join hands with it to establish a fund of funds for investment in strategic emerging industries. JSGX therefore will become ORIZA Holdings’ second-largest shareholders.

　　 

For ORIZA Holdings, which has helped incubate 98 listed companies in strategic emerging industries, the tie-up with JSGX marks an important step in diversifying its equity portfolio for better risk control, and will enable it to further optimize its business structure and expand its business network.