从“海光神话”到“雨林生态”：成都的产业雄心与资本新范式

Core Insights - Chengdu is launching the "Chengdu Investment 28 Plan," which aims to establish a systematic approach to industry investment, moving from a "nomadic hunting" model to a "meticulous cultivation" model [1][2] - The plan introduces a fixed date, the 28th of each month, as a city-level innovation day, signaling a commitment to provide resources for emerging industries [2][3] - The initiative is designed to create a nurturing ecosystem for future industries, focusing on a comprehensive investment strategy that spans from seed funding to IPO [5][6] Investment Strategy - The "Chengdu Investment 28 Plan" represents a shift in investment logic, addressing the limitations of traditional venture capital in the hard technology sector, which often seeks quick returns [3][4] - The plan emphasizes long-term investment characteristics, allowing for a stable capital supply that mitigates the risks associated with long R&D cycles in technology [3][7] - The initiative aims to create a self-reinforcing innovation ecosystem by regularly attracting top investment institutions and enterprises [3][7] Structural Framework - The plan is built around a "12345" service framework, which includes two funds targeting different project stages, covering the entire lifecycle from seed to IPO [6][5] - The framework integrates various resources, including policy support, physical spaces, and media exposure, to lower external costs for startups [6][7] - This comprehensive approach ensures continuity in support for companies, allowing them to focus on long-term technological innovation rather than short-term market trends [6][7] Ecosystem Development - The initiative is expected to foster a robust industrial ecosystem in Chengdu, with a focus on high-tech sectors such as artificial intelligence, semiconductors, and new materials [11][12] - The "Chengdu Investment 28 Plan" is aligned with the city's modern industrial system, specifically targeting ten future industry directions [11][12] - The goal is to enhance the resilience of the industrial chain, ensuring a self-sustaining ecosystem that can withstand global supply chain disruptions [12] Future Outlook - The plan is seen as a long-term investment in Chengdu's industrial future, with the potential to create a thriving "industrial rainforest" [12][11] - The success of previous investments, such as in Haiguang Information, serves as a model for future endeavors, demonstrating the city's capability to support technology companies through various cycles [8][12] - The establishment of a predictable innovation calendar is expected to transform Chengdu into a hub for technological advancement and investment opportunities [2][12]