CDB Root-Well Industrial Investment Fund Management Co., Ltd. (CDB Root-Well) is an equity fund management institution established in June 2011, upon approval of the National Development and Reform Commission (NDRC). It manages CDB Equipment Manufacturing Industrial Investment Fund. As one of China’s initiatives to boost the development of this industry, the fund aims to raise RMB 20 billion and has completed the funding target of RMB 4.3 billion for the first phase, which is mainly used for equity investment in growing and established equipment manufacturing industries, strategic emerging industries and related industries.

It was jointly established by CDBC, CITIC Group (now known as CITIC Limited), Shenyang Darui Investment Management Co., Ltd., Abax Global Capital (based in SIP) and Shanghai Puluo Equity Investment Management, LLP, with a total registered capital of RMB 111 million. Sticking to market-based operation and backed by professional management teams, CDB Root-Well raises and attracts social capital in industrial restructuring and development. It increases corporate competitiveness, optimizes industrial chains, and promotes independent innovation and internationalization, so as to leverage the driving forces of capital and maximize shareholders’ benefits.