The world's largest private equity secondary market investment company, Coller Capital, announced that it has successfully completed a GP-led private equity secondary market transaction with Jinsha River Venture Capital Fund. The total size of the transaction is 229 million RMB, covering eight high-growth assets in the Chinese consumer and technology industries. Coller Capital's RMB private equity secondary market fund, Coller Capital's First RMB Fund, was the lead investor in this transaction. In addition to Coller Capital and its co-investors, Jinsha River Venture Capital also contributed a significant amount of funds to the transaction. This is a complex GP-led transaction involving multiple assets, requiring highly customized liquidity solutions to meet the specific needs of Jinsha River Venture Capital's funds, limited partners (LPs), and the invested companies. Coller Capital has been identified as the only buyer with the strength to ensure the interests of all parties are aligned and can complete the transaction with the highest level of certainty. Yang Zhan, Investment Director at Coller Capital, expressed his pleasure in collaborating with Jinsha River Venture Capital and leading this important transaction. He stated that Coller Capital's comprehensive investment platform in the Chinese market and profound expertise in handling complex GP-led transactions were key to successfully initiating and completing this transaction with attractive valuations. As the Chinese private equity market continues to evolve, they will continue to focus on providing innovative, customized solutions to meet the liquidity needs of fund managers and their investors. Zhu Xiaohu, Managing Partner at Jinsha River Venture Capital, expressed confidence in the Chinese market and believes that through close collaboration with Coller Capital, they can achieve a win-win situation for all parties involved. The Chinese private equity secondary market is becoming increasingly active, and S Fund is becoming an important exit strategy for private equity funds, placing higher demands on the trading capabilities of GPs and the quality and sustainability of underlying assets. Jinsha River Venture Capital will continue to strive to create diversified exit opportunities and continue to generate excellent returns for investors.