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Hu Haiquan Fund Company responded to the execution of 21.15 million: the investee recovered the money

Beijing Haina Baiquan Investment Fund Management Co., Ltd. recently became on the hot search for a new piece of execution information of more than 21.15 million yuan for the execution of the target. On the evening of December 2, Ocean Spring Fund issued a statement in response, saying that the execution information arose from the ordinary commercial arbitration case between the normal fund investment business and the cooperative institution, and after the incident, the Ocean Spring Fund and the institution actively negotiated, and the investee was also actively and continuously collecting the money.

Hu Haiquan Fund Company responded to the execution of 21.15 million: the investee recovered the money

Statement by Ocean Springs Fund

From a famous singer to a "Black Knight of Chinese Venture Capital" and also appeared on the list of "China's 40 Business Elites Under 40" in 2014, Hu Haiquan's business path has been in full swing, and he has also become the man with the most companies in the entertainment industry. According to the Tianyancha APP, there are currently as many as 58 enterprises associated with Hu Haiquan, of which 16 are legally representatived by him.

Hu Haiquan's commercial territory can be called "high and strong". In 2005, Hu Haiquan established Beijing Fengfeng Shang Cultural Communication Co., Ltd., which is mainly engaged in music production, music copyright management, record recording and distribution, etc. In 2010, it established Beijing Jujian Culture Development Co., Ltd. In the same year, Hu Haiquan began to get involved in the field of investment, and together with outsiders, he founded Beijing Zhongjin Haiquan International Investment Management Co., Ltd. In 2014, Hu Haiquan, who had accumulated certain investment experience, established the Haiquan Fund. According to Tianyan, the current fund management scale of Haiquan Fund has reached 1.3 billion yuan, and there are 51 public investment events. In 2020, riding on the east wind of live streaming with goods, Hu Haiquan founded the MCN operation service platform Jusmith Xingchen and obtained exclusive investment in the Xiaomi Pre-A round.

Hu Haiquan Fund Company responded to the execution of 21.15 million: the investee recovered the money

Hu Haiquan

Beijing Haina Baiquan Investment Fund Management Co., Ltd., which was on the hot search this time, belongs to Hu Haiquan's Haiquan Fund.

Beijing Haina Baiquan Investment Fund Management Co., Ltd. was established in June 2015 with a registered capital of 10 million yuan. Hu Haiquan subscribed for 4 million yuan, which is the largest shareholder of the company, and its partners subscribed to the amount of 3 million yuan. As a fund that has been focusing on the field of consumption, in the data disclosed at the end of 2019, Haiquan Fund has incubated and invested in nearly 40 new, strange and special consumption upgrade product enterprises, including No. 9 Robot, Fun Sleep Technology, Copper Master, Sawa Dika, Dogtail Grass Boy Xiaobai, Longfei Electrical Appliances, Jipin Intelligence, etc. In 2018, the total sales of incubation investment enterprises reached 25 billion, and the sales of double 11 in 2019 reached 458 million. In addition, Haiquan Fund also set up a jushi incubator in Cixi, the hometown of small household appliances, in 2019, and set up a live broadcasting agency jusmith star in Hangzhou, the capital of e-commerce.

Red Star News reporter Ren Hongwei

Edited by Li Jie

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Hu Haiquan Fund Company responded to the execution of 21.15 million: the investee recovered the money

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