news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

China Fund News reporter Lu Yu

On the evening of July 26, the official WeChat account of the Shanghai Municipal People's Government Information Office, "Shanghai Release", published a message saying that Shanghai's three leading industry mother funds were officially released on the 26th. Shanghai Municipal Party Committee Deputy Secretary and Mayor Gong Zheng attended the launch ceremony and officially launched the mother fund.

The total scale of the mother funds released this time is 100 billion yuan, including integrated circuit, biomedicine, artificial intelligence mother funds, and future industry funds.

Tianyancha shows that Shanghai's three leading industry mother funds were established on July 22, with a total investment of 89.03 billion yuan, and plans to invest in the three major industries of integrated circuits, biomedicine and artificial intelligence respectively.

Among them, the investment of the integrated circuit mother fund was 45.001 billion yuan, the investment of the biomedicine mother fund was 21.501 billion yuan, and the investment of the artificial intelligence mother fund was 22.501 billion yuan.

Judging from the information officially disclosed by Shanghai this time, compared with the total investment of 89.03 billion yuan of the above-mentioned three leading industry mother funds, the fund size increased by nearly 11 billion yuan this time may be the size of the future industry fund.

It is reported that Shanghai's three leading industry mother funds will operate in accordance with the principles of "government guidance, market operation, and professional management", select professional investment teams, and play the role of "investing early, investing in small companies, and investing in hard technology", industry cultivation, mergers and acquisitions, and chain filling and strengthening through sub-fund investment, direct investment, and ecological operation.

The parent fund will promote the synergy between government resources and social capital, link innovation resources in a market-oriented manner, support original innovation and transformation of results, optimize the industrial ecology, and promote Shanghai to accelerate the birth of innovative enterprises with global competitiveness and build a world-class industrial cluster.

The mother fund of integrated circuit industry focuses on integrated circuit design, manufacturing and packaging and testing, equipment materials and parts. The mother fund of biomedicine industry focuses on innovative drugs and high-end preparations, high-end medical devices, biotechnology, high-end pharmaceutical equipment and other fields. The mother fund of artificial intelligence industry focuses on smart chips, smart software, autonomous driving, smart robots and other fields.

At the event, the three leading industry mother funds' investment units signed contracts; the National Development Bank, Industrial and Commercial Bank of China, Bank of China, China Construction Bank, Bank of Communications, China Life, Xinhua Insurance, China Chengtong, China Guoxing and nine central enterprises signed special strategic cooperation agreements with the Shanghai State-owned Assets Supervision and Administration Commission. As the management platform of the three leading industry mother funds, Shanghai State-owned Capital Investment Co., Ltd. (hereinafter referred to as Shanghai Guotou) signed cooperation intentions with a number of leading chain-leading enterprises, science and technology source institutions, scientific and technological financial institutions and other ecological partners.

Tianyancha shows that the executive partners of the three leading industry mother funds in Shanghai are all Shanghai Guotou Pioneer Private Equity Fund Management Co., Ltd. Equity penetration shows that Shanghai Guotou Pioneer Private Equity Fund Management Co., Ltd. is a wholly-owned subsidiary of Shanghai Guotou, and the actual controller is the Shanghai State-owned Assets Supervision and Administration Commission.

Editor: Captain

Audit: Wooden Fish

Copyright Notice

"China Fund News" enjoys the copyright to the original content published on this platform. Reproduction without authorization is prohibited, otherwise legal liability will be pursued.

Contact person for authorized reprint cooperation: Mr. Yu (Tel: 0755-82468670)