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JSGX to become ORIZA Holdings’ second-largest shareholder

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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.

November 21, 2019