创投月报 | 4月投资事件、金额同比双降：弘毅携五粮液设新能源新材料基金 养元饮品斥16亿跨界参投长控集团

Group 1 - In April 2025, the number of newly registered private equity and venture capital fund managers decreased by 36.8% compared to March, remaining consistent with April 2024, while 39 fund managers were deregistered, with over 60% being voluntary cancellations [1] - The domestic primary equity investment market recorded 518 financing events in April, a 10.0% increase month-on-month but a 16.0% decrease year-on-year, with a total disclosed financing amount of approximately 23.23 billion yuan, nearly halved compared to April 2024 and down 21.8% from March 2025 [3] - Early-stage financing events (seed, angel, Pre-A, and A rounds) accounted for 67.8% of total financing events, with A round financing events leading at 37.6%, showing year-on-year and month-on-month growth of 3.0% and 7.7% respectively [6] Group 2 - Strategic financing rounds contributed significantly to the disclosed financing total, with 10.18 billion yuan raised, accounting for 43.8% of the total, while large financing events (over 1 billion yuan) made up about 60% of strategic financing events [6][10] - The advanced manufacturing sector led with 108 financing events, with approximately 42.6% of the funded companies being in the integrated circuit sector, although this was a decrease from previous periods [10] - In April, the financing frequency for A rounds increased by 5.4% year-on-year, but the disclosed financing amount decreased significantly by 26.9%, with the average single financing amount dropping from 32.56 million yuan to 22.59 million yuan [8] Group 3 - Jiangsu province completed 109 financing events, maintaining its leading position, while Yantai Wanhua Chemical received 6.38 billion yuan in investment, significantly boosting the regional total financing amount [15] - The active investment institutions included Zhongke Chuangxing and Meihua Venture Capital, with state-owned institutions making up about 66.7% of those with five or more investment events [21] - In April, five large financing events exceeding 1 billion yuan totaled 9.74 billion yuan, representing approximately 41.9% of the disclosed financing total [29]