The Wuxi Zhanxin Fund Investment Strategy Sharing Session was successfully held
On February 28th, the Wuxi Zhanxin Fund Investment Strategy Sharing Meeting, hosted by the Wuxi Municipal Development and Reform Commission and co-organized by Xichuang Investment and Guolian Minsheng Securities, was successfully held. Representatives from multiple member units of the Wuxi Zhanxin Fund Association, financial institutions, industry leaders, and technology innovation enterprises gathered by the shores of the Taihu Lake to jointly decode the strategic layout and future industrial ecology of the Wuxi Zhanxin Fund, and to jointly draw a blueprint for the high-quality development of the Wuxi Zhanxin industry.
Yu Yongjun, Deputy Director of the Wuxi Municipal Development and Reform Commission, Hua Xiaofeng, Vice President of Guolian Group and Chairman of Wuxi Venture Capital, Li Kuo, Senior Manager of Jiangsu High-Tech Investment Group, leader of the postdoctoral workstation, and Deputy General Manager of Wuxi Zhanxin Company, Zhang Jing, Investment Director of Jiangsu High-Tech Investment Zhanxin Private Equity Fund Management Co., Ltd., and Wang Zhixing, President of Wuxi Venture Capital, attended the meeting.
In his speech, Yu Yongjun stated that Wuxi places great emphasis on nurturing patient capital. A special master fund with a total size of 12 billion yuan, covering integrated circuits, biomedicine, low-altitude economy, and aerospace industries, as well as a future angel fund, has been established. The Municipal Development and Reform Commission will fully leverage the important role of the Strategic New Fund in supporting technological innovation and serving the real economy. It will make every effort to promote the establishment and investment activities of the Strategic New Fund. Firstly, it will strengthen the role of patient capital as a ballast for the Strategic New Fund, establishing a full-life cycle investment and financing service system. Secondly, it will promote the deep integration of the Strategic New Fund with the "465" modern industrial clusters, supporting and facilitating financing for more high-quality enterprises, especially private technology enterprises. Thirdly, it will strengthen cooperation and exchanges, optimizing and expanding the forms of fund docking with innovation and entrepreneurship projects.
Hua Xiaofeng highlighted the investment directions of the four Wuxi Zhanxin Funds, stating that they will strengthen coordination and collaboration with various sectors, science and technology innovation enterprises, and funding entities, efficiently promote the management and operation of the Zhanxin Funds, leverage the guiding and leveraging role of the Zhanxin Funds, adhere to the principles of "investing early, investing small, investing for the long term, and investing in hard technology", focus on breaking through bottlenecks in industrial development, and contribute to accelerating the establishment of important frontiers for developing new quality productive forces.
Xuan Zhenglin, Zheng Wei, and Wu Shuang, Chief Analysts of the Industry at the Minsheng Securities Research Institute of the China Securities Association, respectively delivered keynote speeches on the themes of "AI Empowers Recovery, Accelerating Autonomous and Controllable Development", "The Popularization of Large Models Ushers in a New Era of 'AI+ Healthcare/Medicine', and "Looking Forward to Top-Down Implementation, Focusing on the Manufacturing Industry Chain".
Zhang Jing, Investment Director of Jiangsu High-tech Venture Capital and Zhanxin Private Equity Fund Management Co., Ltd., presented "Investment Strategy of Jiangsu Provincial Strategic Emerging Industry Master Fund".
Zhu Guoqing, General Manager of Wuxi Zhanxin Private Equity Fund Management Co., Ltd., introduced the "Summary of Wuxi Zhanxin's Work in 2024 and Operation Plan for 2025".
At the meeting, Xichuang Investment, Wuxi Zhanxin Fund Company, Jin Yumao Wu, Yida Capital, etc. respectively shared their investment strategies for Wuxi Zhanxin Industry and Wuxi Zhanxin Cooperation Sub-fund.
Another news: On February 27th, the Jiangsu Wuxi Low-altitude Economy and Aerospace Industry Special Master Fund (Limited Partnership), with a total scale of 2 billion yuan, completed its business registration. The fund will leverage Wuxi's industrial advantages and focus on the investment layout of new productive forces, with a particular emphasis on the industrial chains of low-altitude economy, commercial aerospace, and aircraft supporting industries, covering areas such as on-chain design, manufacturing, equipment, materials, and system integration.