Xi Venture Capital was awarded the "Best Fund for Industrial Strength in Wuxi City"

　　On February 13th, the Wuxi Municipal Party Committee and Government held a grand conference on the high-quality development of Wuxi's industrial strength, and released the glorious list of industrial strength. Wuxi Venture Capital was awarded the "Best Fund for Wuxi's Industrial Strength".

　　As the main state-owned fund management institution in Wuxi, in recent years, Wuxi Venture Capital has actively participated in market-oriented reforms, institutional innovation, and the introduction of high-end talents. Through continuous promotion of reform and development, it has established a fund investment system covering the entire life cycle of enterprises, integrating seed, angel, entrepreneurship, equity, mergers and acquisitions, and S funds. It focuses on strategic emerging industries such as integrated circuits, biomedicine, dual carbon energy conservation, and advanced manufacturing around the "465" modern industrial system in Wuxi, and has also formed a dedicated angel investment team to manage and operate the city's angel investment guidance fund, achieving good results.

　　As of the end of 2022, the cumulative scale of Xi Venture Capital Management Fund has exceeded 200 billion yuan, with a total of about 900 investment projects and a total investment of about 75 billion yuan. Among them, there are more than 500 local projects in Wuxi with a total investment of over 30 billion yuan. It has participated in the cultivation of more than 100 listed companies such as New Clean Energy, Longda Co., Ltd., and Time Angel, and supported the landing of a number of major projects such as Huahong Wuxi, Wentai Technology, Jianshe Medical, Lishen Battery, Huasheng New Energy, and Hupan Optoelectronics. In the past two years, Wuxi Venture Capital has attracted nearly 60 projects of various types through the "three circles" investment system of core circle, franchise circle, and cooperation circle, with a total investment amount of nearly 50 billion yuan, effectively supporting Wuxi's scientific and technological innovation and industrial development.

　　In the future, Xi Venture Capital will closely focus on the "Four Dares" spirit of daring to do, daring to explore, daring to do, and daring to innovate, summarize experience, plan and layout, demonstrate the attitude of a "pathfinder" and the consciousness of "shouldering the big beam", embody the "Four Dares" spirit in shouldering missions, focusing on solving problems, and implementing it. With the "Dare" spirit, it will vigorously sound the "gathering signal" for innovation and entrepreneurship, and strive towards the goal of "building a venture capital group with international influence".