中流击水，破浪前行丨第19届中国投资年会·有限合伙人峰会即将在沪启幕

Core Viewpoint - The current market environment is characterized by uncertainty and challenges, necessitating a proactive approach to identify value and navigate through complexities [2]. Group 1: Event Overview - The 19th China Investment Annual Conference and Limited Partner Summit is scheduled for November 26-27, 2025, in Shanghai, focusing on the theme "Paddling in Midstream" [2]. - The summit aims to gather significant capital sources, including state-owned capital, active market-oriented mother funds, and insurance funds, to address structural challenges in the current market [2][9]. Group 2: Key Discussions - Three high-level closed-door discussions will be held, targeting core industry issues and facilitating deep dialogues among top LPs, GPs, and industry leaders [4]. - The first discussion focuses on the high-quality development of state-owned capital and its role as a driving force in the industry [4]. - The second discussion addresses asset allocation strategies between LPs and GPs, exploring new consensus and collaborative paths in the new cycle [5]. - The third discussion delves into S transactions as a critical tool for value discovery and innovative exit strategies [5]. Group 3: Important Releases - The conference will feature the launch of a new book titled "History of Venture Capital in China," providing a comprehensive review of the sector's 20-year development [7]. - The "2025 Annual Limited Partner List" will be published to recognize outstanding institutions in investment practices over the past year, highlighting investment trends and hotspots [7]. - A report on the "Development Index of China's Venture Capital Market" will be released, offering authoritative data and trend analysis to guide investment decisions [7]. Group 4: Capital Gathering - The summit will continue to leverage its strong capital gathering capability, bringing together various capital sources to share insights and strategic thoughts on industry trends and market evolution [9]. - The event is positioned as a platform for industry leaders to collectively address uncertainties and seek actionable strategies for navigating the evolving landscape [10].