CDBC news
Statement on News Related to UAE-China Joint Investment Cooperation Fund

Recently, caixin.com published a news report titled “Guo Wengui’s Overseas Funding Sources and How Former British Prime Minister Tony Blair Is Involved” (written by: Wang Duan, Yang Yanwen, Li Zengxin, An Ning and Yu Ning). The report contained the descriptions that “Guo raised about USD 3 billion from the royal family of Abu Dhabi, with which he established a series of investment platforms including the UAE-China Fund and the UAE-China Capital”. It also mentioned “the UAE-China Fund jointly invested and managed by Mubadala, a state-owned UAE company, CDB Capital Co., Ltd. and the State Administration of Foreign Exchange (SAFE) of China”.

We hereby state that the “UAE-China Joint Investment Cooperation Fund” co-founded by CDB Capital Co., Ltd., Mubadala and SAFE is in no way related to the “UAE-China Fund” established by Guo Wengui as referred to in the said news report.

We hereby issue this statement to clarify the fact.

China Development Bank Capital Co., Ltd.

2017.5.25.

CDBC news
Statement on News Related to UAE-China Joint Investment Cooperation Fund

Recently, caixin.com published a news report titled “Guo Wengui’s Overseas Funding Sources and How Former British Prime Minister Tony Blair Is Involved” (written by: Wang Duan, Yang Yanwen, Li Zengxin, An Ning and Yu Ning). The report contained the descriptions that “Guo raised about USD 3 billion from the royal family of Abu Dhabi, with which he established a series of investment platforms including the UAE-China Fund and the UAE-China Capital”. It also mentioned “the UAE-China Fund jointly invested and managed by Mubadala, a state-owned UAE company, CDB Capital Co., Ltd. and the State Administration of Foreign Exchange (SAFE) of China”.

We hereby state that the “UAE-China Joint Investment Cooperation Fund” co-founded by CDB Capital Co., Ltd., Mubadala and SAFE is in no way related to the “UAE-China Fund” established by Guo Wengui as referred to in the said news report.

We hereby issue this statement to clarify the fact.

China Development Bank Capital Co., Ltd.

2017.5.25.