On July 8, the Guangdong South China Institute of Technology Capital (Guangzhou Hongtu Kexin Venture Investment Co., Ltd), being the first cooperation project of Guangzhou Venture Capital Guide Fund, had its opening ceremony in Panyu Tianan Hi-teck Ecological Park. This ceremony marks the commencement of its substantial operational phase of development.

Leaders from the Guangzhou Municipal Government, Science and Technology Department of Guangdong province and leaders of relevant departments in Guangzhou city, as well as business representatives like Shenzhen Capital Group Co., Ltd. and Canton Venture Capital Co., Ltd. attended the ceremony. Executive Vice Mayor Wu Yimin attended the ceremony and delivered a speech. Representatives of Guangzhou Hongtu Kexin Venture Investment Co., Ltd signed letters of investment intent with four companies including Pearl Electric, Vaillant, Guangzhou ACT Corporation and Frontop.