Core Viewpoint - The establishment of the Yantai New City Development Venture Capital Fund aims to enhance capital support for industrial development and accelerate the construction of the Jiahua and Happiness New City project, with a total scale of 2 billion yuan and an initial scale of 1 billion yuan [1] Group 1 - The fund is led by Yantai Financial Group and is set up through a collaboration among provincial, municipal, and district levels, serving as a significant capital force for the industrial upgrade and project construction in Happiness New City [1] - The fund focuses on investment in key areas such as digital economy, green economy, and low-altitude economy, aligning with the construction needs of the "3+2+N" industrial system in Happiness New City [1] - The fund aims to enhance the core competitiveness of the modern industrial system and significantly improve green and low-carbon technological innovation capabilities [1] Group 2 - The Yantai Financial Group plans to continue leveraging the fund's effectiveness by constructing a matrix of hundred-billion-level funds, including sustainability and merger funds, to support high-quality development of the city's real economy [2] - The goal is to create a capital ecosystem that promotes collaboration among industry, investment, and financing, as well as cooperation between government, finance, and enterprises [2]
烟台市新城发展创投基金完成注册落地