On May 30th, Beijing ZGC Sci-tech Financing Guarantee Co., LTD., a subsidiary of ZGC Development Group, provided a 5-year, 500 million yuan "Science and Technology Innovation Bond" guarantee for Legend Capital Management Co., LTD. ("Legend Capital") , an equity investment institution.

The funds raised this time will all be channeled to the "target" of sci-tech innovation through equity investment, fund contribution and other means, precisely into high-tech manufacturing, strategic emerging industries and etc.

At present, Legend Capital has received the Notice of Registration Acceptance from the National Association of Interbank Market Dealers, approving it to issue "Science and Technology Innovation Bonds" in the inter-bank market. It has become one of the first-batch pilot units to issue "Science and Technology Innovation Bonds" among private equity investment institutions across China and the first private equity investment institution to participate in the pilot program in Beijing.