The Second Tsinghua Holdings (Nantong) Small and Medium-sized Enterprises Development Forum was held in Nantong, Jiangsu province, on Nov 30, when the Development Fund for Small and Medium-sized Enterprises, a Nantong government-based fund, summed up its annual work.

Themed on "New Era, New Finance, New Development", the forum focused on how to serve the real economy and support new way of development of small and medium-sized enterprises.

The forum, co-hosted by Tsinghua Holdings Co Ltd, a fully-owned company of Tsinghua University, and Nantong Land and Marine Coordination Development Fund Co Ltd, attracted more than 260 government officials and entrepreneurs to discuss the healthy development of small and medium-sized enterprises in the new era.

Tsinghua Holdings Chairman Xu Jinghong noted that innovation has become the most important impetus for any company's development.

Each entrepreneur should keep in mind that the law of value, the nature of business and the principle of good faith should be unchanged as new modes, new businesses and new industries spring up. Xu said that the question of how to change in the new era is faced by all entrepreneurs.

Luo Zhuo, co-founder and president of THG Ventures, gives an annual report on the Development Fund for Small and Medium-sized Enterprises (Jiangsu Nantong Limited Partnership). 

Luo Zhuo, co-founder and president of THG Ventures, delivered a work report on the Development Fund for Small and Medium-sized Enterprises (Jiangsu Nantong Limited Partnership).

Luo said that the fund has completed its investment planning and cultivated a group of strategic emerging industrial startups since it was established on Dec 8, 2016. THG Ventures will continue to heighten its business level and build a standard business system.

The forum also witnessed signing of investment projects, which reflects the role of State-level funding in Nantong's economic transformation and upgrading. 

In the future, the fund will promote more high-quality enterprises to open offices in Nantong and support Nantong as it achieves integration of innovation, industry, and capital.

A group of companies signs investment projects at the forum.