君联资本，一天两个IPO

Core Viewpoint - The article highlights the successful IPOs of Zhizhu Technology and Jingfeng Medical, showcasing the effectiveness of the Social Security Zhongguancun Special Fund managed by Junlian Capital in supporting innovative companies in Beijing's tech sector [2][3][4]. Group 1: Zhizhu Technology - Zhizhu Technology officially listed on the Hong Kong Stock Exchange with an IPO price of HKD 116.20 per share, achieving a market capitalization exceeding HKD 500 billion, marking it as the "first stock of global large models" [2]. - The company, founded in 2019, focuses on self-developed large models and has completed eight rounds of financing, raising over CNY 8.3 billion with more than 50 institutional shareholders [3][4]. - Junlian Capital, as the largest institutional investor, provided comprehensive support in strategic planning, talent development, and technology commercialization, contributing to Zhizhu's successful market entry [4]. Group 2: Jingfeng Medical - Jingfeng Medical, established in 2017, specializes in the development, production, and sales of surgical robots, becoming the first in China and the second globally to obtain approvals for multiple types of surgical robots [5]. - Junlian Capital has made three investments in Jingfeng Medical from 2024 to 2025, leveraging its industry resources to support the company's strategic planning and global market expansion [5]. - The company aims to enhance its R&D and production capabilities post-IPO, contributing to the advancement of high-end medical equipment in China [5]. Group 3: Social Security Zhongguancun Special Fund - The Social Security Zhongguancun Special Fund was established in July 2023, with a scale of CNY 5 billion, aimed at providing long-term stable funding for innovative enterprises in Beijing [6][7]. - The fund focuses on early-stage, innovative projects in technology, with a strategy to support companies that can successfully transition from technological achievements to industrialization [7][8]. - By December 2025, the fund had invested in 19 companies across various cutting-edge technology sectors, with a decision amount exceeding CNY 3 billion, driving a total social investment of over CNY 24 billion [8].