Investment Rating - The report does not explicitly provide an investment rating for the industry or companies mentioned. Core Insights - The report highlights a total of 26 financing events disclosed on March 13, with 19 domestic and 7 foreign companies, raising approximately 55.29 billion yuan in total [1]. - The establishment of the Jiangsu Energy Conservation and Environmental Protection New Industry Fund, which is part of a larger initiative with a total scale of 40.8 billion yuan, is noted as a significant development in the investment landscape [1]. - The Hong Kong Biotechnology Fund, with a target size of 600 million HKD, aims to focus on early-stage innovative projects in biotechnology within Hong Kong and the Greater Bay Area [2][3]. Summary by Sections Fundraising Events - Jiangsu Energy Conservation and Environmental Protection New Industry Fund has been registered, being the largest and the first provincial enterprise industry special fund [1]. - Zhihui completed a strategic financing round of 500 million yuan, with funds directed towards technological innovation and ecosystem development for its GLM model [4]. - Ouyue Semiconductor raised several hundred million yuan in its B2 round financing, aimed at accelerating product innovation and commercial application in the automotive sector [5]. - Chixin Semiconductor announced nearly 200 million yuan in A round financing, reflecting strong market confidence in the UWB chip industry [6]. Global IPO - Guangdong Huahui Intelligent Equipment Co., Ltd. has had its IPO accepted by the Beijing Stock Exchange, positioning itself as a rare entity in the "lithium battery equipment" sector [8]. Policy Focus - Shenzhen has released a plan to support the consumption of old products, targeting various sectors including automotive and home appliances, with specific goals for vehicle replacements and sales of consumer goods by the end of 2025 [9]. Subsidy Details - Hohhot has introduced a detailed implementation plan for childbirth subsidies, offering 10,000 yuan for the first child, 50,000 yuan for the second child, and 100,000 yuan for the third child, with annual disbursements until the child reaches certain ages [10].