Recently, reporter from the Henan Jufeel Technology Group Co., Ltd(hereinafter referred to as Jufeel) noted that Jufeel and the Pacific Fund's CHINA PIE FUND and RAFFLES Capital jointly established the WISH Health Development Fund (hereinafter referred to as the WISH Fund). WISH fund can provide products, services, food and beverages and other related enterprises and institutions for healthy lifestyle and life skills. The scale for first phase of the fundraising is RMB 1 billion. According to the needs of industrial development, it is expected to continue to increase capital to 10 billion in the future.

Mr. Yinsheng from RAFFLES(left)Dr. Zhang Rongxuan from Jufeel(middle) Mr. Liu Changsheng from CHINA PIE FUND(right) in signing scene

　　The health service industry fund initiated by Jufeel will deeply integrate the health service industry with the financial industry. It will greatly enhance the scale and industry value of the Jufeel health industry and promote the rapid development of the health cause of Jufeel. The fund may become a pioneer for comprehensive health industry to help sound and sustainable development of China's comprehensive health industry.

　　On February 22, 2019, Zhang Rongxuan, Chairman of the Board of Directors of Jufeel, and Fu Wenxing, Vice President of the Board of Directors, went to Singapore to meet with the heads of CHINA PIE FUND and the RAFFLES Capital. The three sides have conducted in-depth discussions and extensive exchanges on the health examination chain business model and future development strategy of Shenzhen WISH Technology Co., Ltd. (hereinafter referred to as WISH) , an important strategic partners for Jufeel’s health cause development. Finally, three sides decided to set up an open-end fund. The fund manager was jointly held by CHINA PIE FUND, RAFFLES Capital and Jufeel. The fund period is no more than 3 years (the investment period is 2 years and the withdrawal period is 1 year). The funding method is allocated US$300 million share by the Pacific Fund to the CHINA PIE FUND. Jufeel’s initial investment of RMB 138 million has been fully funded. The actual investment amount of CHINA PIE FUND and Jufeel will be successively invested in a ratio of 4:1. Returns on investment was distributed according to CHINA PIE FUND 40%, Jufeel 40%, and Raffles Capital20%. The CHINA PIE FUND fund is a priority, and the WISH fund is inferior.

WISH Fund Team members took group photos in Singapore

　　Established in 2011, Jufeek is a comprehensive high-tech enterprise dedicated to comprehensive health industry like aloe vera biological extract and in-depth research and development. Its product has obtained food safety and organic planting certifications of relevant institutions like EU, United States and Japan and exported to dozens of countries abroad. Jufeel boasts 124 hectare organic plantations in Hainan province and establishes product manufacturing center, extract center and marketing center. Besides, Jufeel established joint experiment center with Changzhou University, Nanjing University of Chinese Medicine and Taiwan Chung Shan Medical University.

　　Zhang Rongxuan, Chairman of the Board of Directors of Jufeel, is an honorary medical doctor at the University of California, Davis, Unites States, and a professor and postgraduate tutor at Changzhou University. He was awarded the “World Outstanding AIDS Invention Award” by the UNAIDS. And the PMAS preparation he invented won the gold medal in the “Health Care” at the 46th Geneva International Invention Fair in Switzerland.

　　CHINA PIE FUND, one of the initiators of the WISH Fund, is an investment fund of the Pacific Fund. Mr. Liu Changsheng is the representative of CHINA PIE FUND Fund. Mr. Liu Changsheng is the Master of Finance of Central University of Finance and Economics. He is the certification holder of Financial Risk Manager by the Global Association of Risk Professionals, the head of large fund, with many years of experience practices in market asset disposal at home and abroad.

　　The Pacific Fund was created by Bill Gross, known as the king of bonds in industry, and has been in existence for more than 20 years, managing trillion dollar assets. Pacific Fund's main businesses include strategic investment, international mergers and acquisitions(M&A), asset restructuring, private placement, capital operations, overseas stock issuance and listing, initial public offering (IPO) and reverse takeover listing (RTO), and comprehensive investment banking advisory services such as financial advisor and management consulting.

　　Raffles Capital, the other initiator of the WISH Fund, is an Australian listed company.(Stock Code:RAF). It mainly provides professional assets international securitization listing for outstanding enterprises in China and the world. Dr. Yin Sheng is the representative of Raffles Capital, responsible for the risk control governance and exit strategy of fund investment.

　　Raffles Capital has offices and service centers in Singapore, Hong Kong, the United States, Switzerland, Australia, Malaysia and Taiwan. It has a professional lawyer and financial service team. Raffles Capital has contacted more than 6,000 brokers and investment institutions around the world. It has well-established corporate financing recommendation service system responsible for recommending the financing plans and prospectuses of outstanding companies to global investment institutions. Raffles Capital invests in real estate, new energy, health, agriculture, culture, logistics, marine industrial parks, etc., with a total investment of more than 30 billion US dollars, while managing the $ 10 billion trust fund, with abundant capital and resource integration capabilities, escorting for the enterprises listing.