The Pathfinder intends to set up a fund of 50 million to 100 million yuan to set up a fund to set foot in the tourism venture capital. The black horse Pathfinder Travel Fund has a long investment cycle and low mobility. In the investment process, it will be affected by many factors such as macroeconomy, industry cycle, investment target company management, paction plan, merger and acquisition, and so on, and has certain risks.

Dark horse

As one of the important platforms for the layout and resource integration of the tourism industry, the Tourism Fund will focus on the investment in the angel and early stages of tourism.

According to the agreement, the proportion of team members of Pathfinder, venture investment and fund management company is 40%, 40% and 20% respectively; the Pathfinder intends to invest 50 million to 100 million yuan, accounting for 50% of the total fund investment, and the fund will raise the rest for other travel agencies and individuals.

Priority should be given to tourism industry listed companies or industry leaders with industry resources.

The duration of the fund is 7 years, the first 3 years are the investment period, and the latter 4 years are the management and withdrawal period. The single investment is expected to be between 1 million and 10 million (and not more than 10% of the total fund).

In this regard, Pathfinder will combine the overall macroeconomic trend, make full use of the company's resources and experience, create the background advantages of investment and entrepreneurs in venture capital and tourism industry, understand and grasp the development direction of the industry, find the targets with investment value, strengthen the pre investment risk control demonstration and post investment management, and withdraw in time to obtain investment returns.

At the same time, if the paction is finally concluded, the company will adopt a sound internal control and verification mechanism to avoid other pactions between companies and other companies of the company and those who invest and invest in dark horse Pathfinder.

The Pathfinder of this fund sponsor has the advantages of capital and operation management experience in the tourism industry. The investment and team have rich fund management experience, and its shareholders' entrepreneurial furniture has a deep media foundation.

The joint establishment of the tourism industry fund with innovative investment is an effective combination of explorers' experience in tourism service industry, the management experience of investment funds, and the rich entrepreneurs' resources of entrepreneurs. It will give full play to the advantages of all parties to explore high-quality projects and promote the investment strategy of "interconnection +"; in addition, it will also help the Pathfinder companies to actively grasp the favorable opportunity for the rapid development of domestic tourism industry, consolidate the development layout of the company's travel service sector, and form effective synergy and complementarity with the original outdoor industry and the sports industry business of the Bureau, based on the integration and industrial expansion of the user value chain, so as to consolidate the competitive advantage of the company in the industry and promote the sustained, healthy and rapid growth of the company.