厦门出台促发展措施，政府投资基金赋能产业链发展

Core Points - The Xiamen Municipal Finance Bureau has proposed measures to utilize government investment funds to empower industrial chain development, focusing on supporting the real economy and aligning with the city's modern industrial system [1][2]. Group 1: Fund Initiatives - A new 5 billion yuan industrial chain innovation fund will focus on sectors such as artificial intelligence and low-altitude economy, selecting quality institutions for chain investment [1][2]. - A 5 billion yuan science and technology venture capital fund will support early-stage investments, with at least 30% allocated to seed and startup companies, and a maximum government investment ratio of 70% [2]. - A new 5 billion yuan merger and acquisition fund will support companies in M&A or IPO activities, particularly in sectors like new energy, new materials, and semiconductors [2]. Group 2: Support Systems - A comprehensive support system will be established using fiscal policies and financial tools, creating a full-cycle support mechanism through investment, subsidies, loans, and guarantees [3]. - An intelligent platform named "Rong Tian Xia" will facilitate project financing and information exchange among government, enterprises, and financial institutions [3]. Group 3: Management and Incentives - The management of mother funds will implement a performance management system and a multi-dimensional evaluation framework to assess the effectiveness of funds [4]. - Incentives will be provided to partner funds based on their economic contributions, with potential increases in government investment for high-performing funds [4]. Group 4: Risk Management - Measures will be taken to establish a tolerance mechanism for normal investment risks, promoting a culture that encourages innovation and accepts failure [5]. - A robust risk control system will be implemented, including strict financial discipline and evaluation of new funds [6].