Xichuangtou has been awarded the annual Class A fund manager by the Insurance Asset Management Association for four consecutive years

　　Recently, the China Insurance Asset Management Association announced the rating results for private equity fund managers for insurance funds in 2024. Xichuang Venture Capital has been rated as a Class A fund manager for four consecutive years, and is also the only fund manager in Wuxi to receive this rating.

　　Xichuangtou actively responds to the call of the "17 Articles on Venture Capital" issued by the State Council, explores the investment rules of patient capital, and has gained widespread recognition from its partners in long-term cooperation with various limited partners (LPs) such as insurance funds. In the future, Xichuangtou will continue to focus on new opportunities in key industries, fulfill its professional responsibilities as a manager, strive to build a compliant and efficient asset management institution in the new era, and work steadily with various LP partners such as insurance funds to create lasting value together.

　　In this evaluation, the China Insurance Asset Management Association rigorously adhered to regulatory provisions and self-regulatory rules, fully mobilized industry forces, and conducted a comprehensive assessment of 189 private fund managers from the perspective of insurance institutional investors. The evaluation process was centered on regulatory policies for insurance fund investment in equity investment funds, closely aligned with the actual needs of the industry. It started with 41 secondary indicators across nine major aspects (primary indicators), including corporate governance and investment team, management systems and processes, risk management, scale and performance, post-investment management mechanism, legal and compliant operation, insurance cooperation, incentives and constraints, information reporting and disclosure, to conduct detailed consideration of each evaluation object. Among them, 12 indicators related to compliant operation implemented a deduction system, with a maximum deduction of 40 points. According to the established evaluation rules, the evaluation results were divided into four categories: A, B, C, and D. Specifically, there were 126 Category A (with scores exceeding 80 points and not exceeding 50% of all eligible evaluation objects); 54 Category B (with scores above 70 points but not meeting Category A standards); 3 Category C (with scores ranging from 60 to 69 points); and 2 Category D (with scores below 60 points or in specific situations stipulated by the evaluation rules).