复星创富CEO徐欣，重磅发声！

Core Insights - The CEO of Fosun Chuangfu, Xu Xin, emphasizes a dual strategy of "early and small investments" in the tech innovation sector while leveraging mergers and acquisitions (M&A) to help listed companies find new growth avenues, indicating a strong belief in the upcoming golden decade for China's M&A market [1][4]. Group 1: M&A Market Opportunities - Recent policies, including the new "National Nine Articles" and the "M&A Six Articles," are expected to invigorate the M&A market by encouraging companies to focus on technological innovation and industrial upgrades [4]. - Xu Xin believes that the shift in M&A logic from "market value management" to "strengthening core business" will lead to a more orderly market, as companies are now encouraged to focus on their main industries [4][5]. - Fosun Chuangfu has established a comprehensive M&A ecosystem covering the entire chain of fundraising, investment, management, and exit [5]. Group 2: Investment Strategies - The company is innovating a "state-owned capital + leading listed companies + market-oriented investment" model, exemplified by a 3 billion yuan blind pool fund for new-generation information technology [5]. - Xu Xin highlights the importance of private equity firms in enhancing the success rate of M&A by acting as professional intermediaries, facilitating negotiations, and ensuring satisfaction among all parties involved [6][7]. - The firm is focusing on three fund clusters: technology + consumption, technology + manufacturing, and technology + "dual carbon" initiatives, indicating a strategic approach to sector-specific investments [5]. Group 3: AI and Future Trends - The rise of AI is seen as a paradigm shift that will reshape various industries, with Fosun Chuangfu adopting a "spindle-type" investment strategy that combines ecological risk investment with M&A [8][9]. - The company aims to avoid chasing popular projects and instead focuses on the integration of technology and industry, looking for significant growth potential over the next three to five years [8][9]. - Xu Xin outlines three criteria for evaluating hard tech investments: uniqueness of technology, global leadership, and non-replicable competitive barriers, which will guide the company's investment decisions [9].