Two provincial war funds with a total scale of 9 billion yuan have completed industrial and commercial registration

　　On September 10th, the Jiangsu Wuxi Integrated Circuit Industry Special Fund of Funds (Limited Partnership) and the Jiangsu Wuxi Biomedical Industry Special Fund of Funds (Limited Partnership) completed their business registration.

　　On June 21st, the Jiangsu Province Strategic Emerging Industries Fund of Funds with a total scale of 50 billion yuan was launched and put into operation. In early July, the first batch of 14 industrial special funds completed centralized signing in Nanjing, with a total scale of 10 billion yuan for the Jiangsu Wuxi Integrated Circuit Industry Special Fund of Funds, Jiangsu Wuxi Biomedical Industry Special Fund of Funds, and Wuxi Future Industry Angel Fund settling in Wuxi.

　　The Jiangsu Wuxi Integrated Circuit Industry Special Fund of Funds (Limited Partnership) has a scale of 5 billion yuan and is jointly established by Jiangsu Strategic Emerging Industries Fund of Funds Co., Ltd., Wuxi Industrial Development Group Co., Ltd., Wuxi Innovation Investment Group Co., Ltd., and various sectors in Wuxi. The fund aims to promote the high-quality development of the integrated circuit industry in Wuxi and help build an integrated circuit industry cluster with core competitiveness and international influence. It further optimizes the structure of the integrated circuit semiconductor industry in Wuxi, supplements supporting facilities, focuses on cultivating core technology enterprises in the upstream, midstream, and downstream of the industry chain, and enhances the value of the local integrated circuit industry chain in Wuxi.

　　The Jiangsu Wuxi Biomedical Industry Special Fund of Funds (Limited Partnership) has a scale of 4 billion yuan and is jointly established by Jiangsu Strategic Emerging Industries Fund of Funds Co., Ltd., Wuxi Innovation Investment Group Co., Ltd., and various sectors in Wuxi. The fund aims to achieve high-quality development of the entire industry chain, enrich the five in one development model of "leading direction+leading enterprises+professional funds+research and development institutions+service platforms" in Wuxi, further promote the upgrading of Wuxi's biopharmaceutical industry and the expansion of the industry chain, and help Wuxi build an efficient energy gathering industry ecosystem for biopharmaceuticals.