Nan Fang Du Shi Bao·2025-12-19 12:49Core Viewpoint - The establishment of the Central Enterprise Strategic Emerging Industry Development Fund aims to accelerate the development of strategic emerging industries in China, with a total initial scale of 51 billion RMB and a focus on key sectors such as artificial intelligence, aerospace, and quantum technology [1][2][4]. Group 1: Fund Details - The fund has completed registration with a total capital of 51 billion RMB, managed by a private equity fund management company and supported by 15 central enterprises [2][3]. - The fund's investment period is set for 5 years, with a total management and exit period of 8 years, extendable to 15 years [1]. - Major contributors include China Mobile Capital with 6 billion RMB, China Telecom Group with 1.5 billion RMB, and China Unicom Innovation and Entrepreneurship Investment with 1.5 billion RMB [1][3]. Group 2: Strategic Objectives - The fund is designed to support the central enterprises in enhancing their core capabilities and competitiveness by addressing industrial weaknesses and promoting innovation [1][2]. - It aims to align with national strategic needs, focusing on strengthening and supplementing the industrial chain while promoting high-level self-reliance in key areas [2][4]. - The fund will explore new tracks in future industries, integrating innovation and industrial chains to foster deep collaboration [4]. Group 3: Investment Collaboration - China Unicom has disclosed its overall investment collaboration with private equity funds, totaling approximately 9.87 billion RMB across 8 partnerships [7]. - The latest investment was made in the Cheng Tong Science and Technology Investment Fund (Jiangsu) with an amount of 1 billion RMB [7].