In the China Private Equity Summit Forum 2012 held in Changsha on May 19th, the Industrial Finance Institute of Hunan University (HNU) was officially set up. Jointly formed by the university and China Machinery Industry Federation (CMIF) Investment Management Co,. Ltd., it is the first high-end academic institution in Chinese universities that carries out systemic industrial finance study and offers solutions to industrial development as well as industrial finance education opportunities.

The former Vice Chairman of the Standing Committee of the National People's Congress Cheng Siwei, Deputy Director of the Standing Committee of Hunan Provincial People’s Congress Yang Taibo, and Secretary of the CPC Hunan University Committee Liu Keli, unveiled the plaque for the institute.

The founding of the institutes stands for another successful exploration of HNU’s collaborative innovation. Since the signing of the agreement on building strategic alliance with the China Machinery Industry Federation, CMIF Investment Management Co,. Ltd. and Shanghai Automobile Investment Fund on October 18th of 2011, HNU has been on the express heading for a deeper cooperation, so as to accelerate collaborative innovation and resources sharing with enterprises.