Silk Road Fund Co., Ltd. (“SRF”) is a Beijing-based medium to long term
investment fund established under the PRC Company Law on December 29, 2014. As
an important vehicle to implement China’s Initiative of the Silk Road Economic
Belt and 21st-Century Maritime Silk Road, SRF adopts openness, inclusiveness and
mutual benefits as its core values. It endeavors to enhance the connectivity of
the Chinese economy with the rest of the world and promote the development and
prosperity of both China and other countries.
The committed funding in SRF announced by the Chinese government is USD40
billion and RMB100 billion. The initial tranche of USD10 billion is contributed
by four Chinese shareholders: The State Administration of Foreign Exchange,
China Investment Corporation, Export-Import Bank of China and China Development
Bank. SRF welcomes interested partners, both domestic and international, to join
the fund or to co-invest in sub-funds after the initial period of
operations.
As a commercial investment institution, SRF makes outbound investment in
diverse geographic areas outside of China. The fund focuses on projects with
optimal risk-return profiles in broad sectors such as infrastructure, energy
& resources, industrials and financial services. It seeks to achieve its own
financial sustainability and good investment returns for the shareholders in the
medium to long run.
SRF’s investment takes a variety of forms, including primarily direct equity
investment, as well as debt financing and investment in other funds. SRF is also
mandated to sponsor and establish investment funds with domestic or
international financial institutions.
SRF believes that good corporate governance is critical to the soundness of
its investment decision making. In accordance with the PRC Company Law and the
fund’s own Articles of Association, SRF has established a Board of Directors, a
Board of Supervisors and a management team. The fund employs professional staff
to operate its business in accordance with international market practice.
As a responsible corporate citizen, SRF strives to comply with all applicable
laws and attaches great importance to environmental protection and sustainable
development. The fund is committed to bridging people across the world and
building a better global community together with its business partners.
