Since then, Nie Xinyong has been able to walk away from the Hunan torch and embark on the real PE road.
In 2008, Nie Xinyong and Xie Cheng, a partner with overseas IT background, jointly established Dingjin Capital, which successfully raised 260 million US dollars (namely Ding Xin Phase II Fund).
Since 2006, Ding Xin International Capital and its related parties, Shanghai Xinlian and Shanghai He Zhong, have invested in Beijing Bi Shuiyuan, Chengdu Xinzhu Road and Bridge, Tongli Heavy Industry, Feng Runxin Energy, Yangming Electric (jointly invested with Merrill Lynch and Shenzhen Innovation Investment), Chengdu Ecological Building Materials House Project, Tianhe Group and Ankang Biodiesel. It involves automobile, industrial manufacturing, infrastructure, electric power, new energy, environmental protection and other industries.