年终盘点 | 11个IPO，60亿分配，毅达资本的2025答卷

Core Insights - Yida Capital achieved 11 IPOs in 2025, marking a significant milestone for the year and demonstrating the rewards of long-term investment strategies [1][3][4] - The firm distributed over 6 billion yuan to investors through diverse exit strategies, emphasizing its commitment to not only invest well but also ensure successful exits [1][12] - Over its 12-year journey, Yida Capital has managed over 120 billion yuan and supported over 1,000 small and medium-sized tech enterprises, focusing on identifying the 5% of variables that can change the world [1][4][14] Investment Performance - In 2025, Yida Capital's portfolio included 11 IPOs, with notable companies such as Jingchuang Electric, which saw a first-day increase of over 330% [3][6] - The firm participated in 10 out of 111 new stocks listed on A-shares this year, representing nearly 10% of the total [3][4] - The IPOs included companies like Xian Yicai, which reached a market value exceeding 160 billion yuan on its first day [7][8] Investment Strategy - Yida Capital's investment strategy is characterized by "industry deep cultivation" and "regional deep cultivation," focusing on high-tech companies with significant barriers to entry [14][16] - The firm has established a strong presence in Jiangsu and expanded its reach to key cities along the Yangtze River and coastal areas, creating a network of local teams and funds [18][19] - The firm emphasizes the importance of investing in people, recognizing that the essence of investment lies in supporting entrepreneurs and innovative leaders [10][21] Future Outlook - Yida Capital identifies three major investment opportunities: technological self-reliance, AI-driven industrial transformation, and mergers and acquisitions in a stock economy [22] - The firm aims to focus on hard technology while also exploring cutting-edge fields such as quantum computing and controlled nuclear fusion [22][23] - The investment philosophy is to seek out and heavily invest in the 5% of innovations that can lead to significant changes in the world [23][24]