“吸睛又吸金”，“新”能力引资本加速落子

Core Insights - The private equity investment market in Jiangsu has seen a total of 1,139 financing events with a disclosed total amount of approximately 77 billion RMB from January to September this year, with a focus on hard industries like semiconductors and biomedicine [1] Investment Trends - Local investment firms such as Yuanhe Holdings, Jiangsu Gaotou, and Yida Capital are prominent in the market, alongside national top-tier venture capital institutions like Sequoia China and Hillhouse Capital, which have increased their investment projects in Jiangsu by over 30% year-on-year, particularly favoring biomedicine, new materials, and new energy sectors [2] - Yuanhe Holdings has invested in nearly 30 projects, focusing on semiconductors, new energy, healthcare, and artificial intelligence, and has issued the first technology innovation bond in Suzhou worth 600 million RMB [2][3] Semiconductor Sector - The semiconductor sector has emerged as the most favored investment area, accounting for over 30% of the total financing events with more than 350 occurrences [4] - Companies like Wuxi Xingwei Technology have successfully raised over 100 million RMB through multiple funding rounds, supported by local industry funds [4] - New industry funds have been established in Jiangsu, such as a 5 billion RMB fund dedicated to the integrated circuit industry, focusing on key projects and avoiding capital dispersion [5] Investment Ecosystem - A dual-driven model is forming in Jiangsu's investment ecosystem, combining large funds targeting current challenges with smaller, specialized funds nurturing early-stage technologies [5] - The introduction of measures to promote high-quality development in private equity investment aims to enhance the evaluation system and encourage long-term capital to support innovative enterprises [7] Investment Strategy Evolution - The investment strategy of venture capital firms is shifting from chasing short-term trends to focusing on full-chain integration and cross-sector collaboration [8] - For instance, Yida Capital's investments in the semiconductor sector cover the entire supply chain, enhancing the resilience and collaborative value of their investment portfolio [8]