证券时报·2025-10-29 15:35Core Viewpoint - The establishment of the Central Enterprise Strategic Emerging Industry Development Fund (referred to as "Central Enterprise New Fund") aims to accelerate the development of strategic emerging industries in China, with an initial fundraising of 51 billion yuan [2][6]. Fund Overview - The Central Enterprise New Fund has raised an initial capital of 51 billion yuan, with contributions from major state-owned enterprises including China Mobile, Sinopec, CNOOC, and China National Petroleum [2][8]. - The fund is managed by China Reform Holdings Corporation and was officially registered on October 27 [9]. Strategic Focus - The fund will focus on supporting strategic emerging industries such as artificial intelligence, high-end equipment, quantum technology, and future industries like future energy, future information, and future manufacturing [6]. - The fund aims to create a strategic innovation ecosystem that integrates technology innovation, capital operation, and industrial empowerment, promoting a multiplier effect in investment [5]. Management and Structure - The fund operates under a company structure, with a newly established private equity fund management company responsible for its management, implementing both sub-fund investments and direct investment strategies [10]. - The fund's management emphasizes new positioning, mechanisms, models, and teams to ensure efficient and standardized operations [6].