Chapter 101: Old Meng's Sense of Boundaries

All the private equity fund subscription contracts were signed, and there was no point in delaying the capital any longer. That afternoon, a total of 34 shares adding up to $68 million, as well as a $1.36 million management fee, were consecutively received.

Lu Liang subscribed for 16 shares, contributing $32 million, plus a $640,000 management fee, reaching one hundred million dollars, and ended the fundraising period in one day.

The next day, he found President Liu of the Industrial and Commercial Bank. With a deposit of one hundred million dollars, he obtained 636 million RMB.

When he initially opened a corporate account with the Industrial and Commercial Bank, he had signed the related contract; Tianxing Asset Management was a dual-currency private equity fund.

Capital could temporarily stay with the Industrial and Commercial Bank, but however much was deposited, the bank was obligated to provide an equivalent amount of RMB with no interest.