近日，科力尔电机集团股份有限公司（证券代码：002892，简称"科力尔"）发布公告称，公司全资孙公 司深圳市鹏睿投资发展有限公司（简称"鹏睿投资"）与深圳市瑞业数金私募股权基金管理有限公司（简 称"瑞业数金"）经协商一致，决定终止双方此前签订的《战略合作协议》，原拟共同组建的围绕电机相 关产业的私募股权基金平台计划随之搁浅。 回溯合作背景，科力尔于2023年12月26日披露公告，宣布鹏睿投资与瑞业数金达成战略合作，双方拟通 过多元渠道及资源整合，共同搭建聚焦电机产业的私募股权基金平台，旨在依托各自优势推动产业投 资。彼时公告显示，该基金平台计划围绕电机相关产业链进行布局，以期通过资本运作助力公司产业发 展。 对于此次协议终止的原因，科力尔在公告中表示，由于客观原因导致合伙企业基金设立条件发生变化， 合作各方曾积极开展多轮磋商以探索解决方案。但受市场环境变化、合作双方及相关意向方实际情况调 整等多重因素影响，基于审慎使用资金、降低投资风险的原则，双方最终协商一致决定终止原协议。 点击查看公告原文>> 声明：市场有风险，投资需谨慎。 本文为AI大模型基于第三方数据库自动发布，任何在本文出现的信 息（包括但不限于个 ...

Core Insights - The report provides a comprehensive analysis of the current state and future prospects of various industries in China, focusing on investment opportunities and macroeconomic factors influencing these sectors [3][4][5]. Group 1: Macroeconomic Environment - The report discusses the macroeconomic environment for industrial investment in China, including policies, economic growth, and foreign direct investment trends [3][4]. - It highlights the GDP growth forecast for 2025, indicating a positive outlook for economic expansion [3]. - The analysis includes fixed asset investment scale from 2020 to 2025, showing significant growth trends [3][4]. Group 2: Industry-Specific Investment Opportunities - The real estate sector is analyzed for its investment environment, including policy impacts and market conditions, with a focus on urban complexes and tourism real estate as key opportunities [5][6]. - The internet industry is identified as a strategic emerging sector, with investment opportunities in mobile payment and e-commerce [5][6]. - The energy sector is highlighted for its investment potential, particularly in renewable energy resources and processing [6][7]. Group 3: Mergers and Acquisitions - The report outlines the trends in mergers and acquisitions within various industries, noting increased regulatory scrutiny and the rise of private equity as a driving force [4][5]. - It discusses the active merger activities in cultural media and real estate sectors, indicating a dynamic market environment [4][5]. Group 4: Emerging Industries - New energy and new materials industries are emphasized for their growth potential, supported by government policies and increasing market demand [15][16]. - The biotechnology sector is also highlighted, with a focus on investment opportunities arising from policy support and market trends [15][16]. Group 5: Regional Investment Analysis - The report provides a detailed analysis of investment environments across different regions in China, identifying specific opportunities in provinces like Guangdong and Jiangsu [20][21]. - It emphasizes the importance of regional characteristics in shaping investment strategies and opportunities [20][21].

Core Viewpoint - The forum emphasizes the importance of financial support in fostering innovation and the integration of finance, technology, and industry to enhance economic resilience in China [1][4]. Group 1: Financial Ecosystem and Investment Strategies - Financial investment is crucial for urban development, with Suzhou being the first city in China to establish a mother fund, highlighting the need to invest in funds rather than direct projects [3][7]. - The collaboration between state-owned and private capital is essential for creating a market-oriented investment logic, with many funds seeking state-owned enterprises as foundational partners [3][7]. - Suzhou's financial ecosystem has evolved to support a diverse range of investment strategies, from seed funding to specialized funds, reflecting a comprehensive investment matrix [7][9]. Group 2: Innovation and Risk Management - Source innovation carries high risks due to uncertainties in technology and market conditions, necessitating a culture of tolerance for failure [3][12]. - The changing landscape of venture capital, influenced by regulatory scrutiny, has led to a polarization of funds, with some moving towards policy-driven investments while others remain market-focused [12][13]. - The need for long-term and patient capital is emphasized, particularly for projects requiring a higher tolerance for risk and failure [13]. Group 3: Integration of Finance, Technology, and Industry - The integration of finance, technology, and industry is seen as a critical factor for supporting the real economy, with financial institutions needing to adapt to technological advancements [4][10]. - Local teams with deep market knowledge are becoming increasingly important for identifying and supporting innovative companies, as the time for growth is shortening [10][11]. - The evolution of industry leaders from supply chain-focused to consumer-oriented companies is reshaping the investment landscape, requiring traditional investment institutions to adapt [9][10].

Core Viewpoint - Nanjing Pharmaceutical Group Co., Ltd. plans to establish a subsidiary investment company focused on the medical device sector, with a significant investment from the company itself, aimed at enhancing its strategic positioning in the industry [1][2]. Group 1: Investment Structure - Nanjing Pharmaceutical will invest approximately 120 million yuan, accounting for 59.9% of the total registered capital of the new investment company [1]. - The investment company will be set up in collaboration with Nanjing New Industry Investment Management Co., Ltd. and Nanjing New Industry Medical Health Strong Chain M&A Equity Investment Fund [1]. Group 2: Target Investment - The newly formed investment company will specifically target an investment in Ningbo Jiangfeng Biological Information Technology Co., Ltd., acquiring approximately 22.5% of its equity, with a total valuation not exceeding 750 million yuan [2]. - Jiangfeng Biological, established in 2011, specializes in digital pathology and is recognized as a national high-tech enterprise focusing on innovative pathology diagnostics [2]. Group 3: Strategic Implications - The investment strategy reflects a model of "core enterprise + state-owned fund + industry chain target," which is expected to accelerate the transformation of technological achievements and promote innovation in the digital pathology field [2]. - This approach serves as a replicable example for local industrial development, encouraging collaboration between core enterprises and state-owned funds to enhance competitiveness and drive industrial upgrades [2].

证券日报网12月18日讯创世纪（300083）在12月17日回答调研者提问时表示，为构建公司"内生式增长 和外延式发展"双轮驱动的新发展模式，公司将产业投资上升为战略高度，专门成立集团投资部负责产 业链投资业务，以整合行业资源，扩宽公司业务领域，完善产品线结构，提升公司整体竞争实力和盈利 能力。截至目前公司在高端数控机床、智能控制系统、汽车精密冲压模具等业务领域投资多家企业，这 些企业分别在高端精密五轴技术、3D打印精细加工、数控系统AI应用等方面具有显著优势。同时公司 通过产业投资与被投企业深入开展合作，整合集团优势资源给投资企业赋能，实现资源、市场、技术等 多方面协同效应。未来，公司将根据战略发展需要，围绕数控机床产业链体系，针对高端机床技术及核 心功能件等领域，继续积极寻求优秀投资标的，通过投资与并购，实现资源快速整合，突破高端数控系 统、精密功能部件等核心技术瓶颈，降低进口依赖，提升产业链自主可控能力。 ...

天眼查App显示，近日，芜湖锐腾产业投资合伙企业（有限合伙）成立，执行事务合伙人为开瑞汽车销 售有限公司，出资额6.6亿人民币，经营范围为以自有资金从事投资活动、信息咨询服务。合伙人信息 显示，该合伙企业由芜湖高新产业发展基金有限公司、奇瑞汽车旗下开瑞汽车销售有限公司共同出资。 ...

Core Viewpoint - The establishment of the Yunnan Advanced Manufacturing Equity Investment Mother Fund marks a significant step in supporting the transformation and upgrading of traditional industries and fostering strategic emerging industries in Yunnan Province [1] Group 1: Fund Overview - The fund has been successfully registered with the Asset Management Association of China, indicating its official launch [1] - Managed by Yunnan Chantuo Equity Investment Fund Management Co., Ltd., the fund aims to invest in various sectors [1] Group 2: Investment Focus - Investment areas include the deep processing of non-ferrous metals, particularly aluminum and copper, as well as new materials in precious metals like indium, germanium, and platinum [1] - The fund will also focus on high-efficiency and high-value utilization of phosphorus resources for new energy batteries and fine phosphorus chemical industries [1] - Additional sectors of interest include high-end equipment manufacturing, green food, and deep processing of traditional Chinese medicine [1] - The fund aims to support the cultivation of manufacturing champions and specialized "little giant" enterprises [1]

人民财讯12月18日电，南京医药（600713）12月18日公告，公司拟与南京新工新兴产业投资管理有限公 司、南京新工医疗健康强链并购股权投资基金合伙企业(有限合伙)共同投资设立南京新工南药医疗器械 强链并购股权投资有限责任公司(暂定名，简称"南药医疗器械投资公司")，其中公司拟出资1.2亿元，占 南药医疗器械投资公司认缴出资总额的59.9%。南药医疗器械投资公司成立后，专项用于投资宁波江丰 生物信息技术有限公司(简称"江丰生物")。南药医疗器械投资公司将以江丰生物整体估值不超过7.5亿元 为前提受让江丰生物约22.5%的股权。江丰生物基于研发、生产和销售闭环体系，在数字病理领域打造 的全产业链与公司跨地区、广泛的业务网络和完善的供应链体系具有良好的协同互补效应。 ...

地方国企若想通过5-10亿债券融资撬动30-50亿产业投资，需通过债券融资结构设计、资金杠杆运用、产业投资组合优 化、风险控制机制强化四大核心策略，结合政策支持与市场化运作，实现资金放大效应并控制风险。以下是具体分 析： 一、债券融资结构设计：低成本、长期限、灵活条款 发行长期限债券 选择发行5-10年期债券，锁定长期低成本资金，避免短期偿债压力。例如，山西建设投资集团发行2-3年期可续期科创 债券，通过"基础期限+续期选择权"设计，延长资金使用周期，为产业投资提供稳定现金流。 引入浮动利率条款 在债券条款中设置利率挂钩市场基准（如LPR），降低融资成本波动风险。若市场利率下行，企业偿债压力减轻，可 释放更多资金用于投资。 探索资产证券化（ABS） 将产业投资形成的优质资产（如产业园、物流仓储）打包发行ABS，盘活存量资产，回笼资金用于新项目投资。例 如，某国企将运营成熟的产业园REITs上市，募集资金再投资新园区建设。 三、产业投资组合优化：高回报、轻资产、协同效应 利用政策性金融工具 申请国家政策性银行（如国开行）专项贷款，或参与地方政府产业引导基金，以债券融资为撬动点，吸引低成本政策 资金。例如，某地方 ...

【大河财立方消息】12月17日，郑州二七盈通产业投资集团有限公司非公开发行公司债券选聘承销商项目 的招标公告发布。 郑州二七盈通产业投资集团此次拟申报发行规模不超过10亿元私募公司债，债券期限不超过5年，募集资 金用于偿还金融机构有息债务、补充流动资金及项目建设等。据悉，本次债券发行，将是该公司首次发 债。 此次招标的承销商负责郑州二七盈通产业投资集团有限公司非公开发行公司债券服务，服务内容主要包括 协助撰写债券募集说明书等相关材料，跟进债券审批，推进债券产品注册发行流程。根据公司用款需求和 市场情况，选择发行窗口，将发行成本控制在合理范围内;协助公司完成信息披露及存续期管理工作 投标人须具备经营证券期货业务许可资格，可承销证券交易所公司债券。同时，投标人2024年在全口径债 券承销金额排名为证券类全国前20名(wind口径)。 天眼查显示，郑州二七盈通产业投资集团成立于2024年1月，注册资本金12亿元，是一家专注于产业投资 与资产管理的专业机构。公司核心业务包括以自有资金从事投资活动、提供资产管理服务及融资咨询服 务，致力于服务区域经济发展需求。作为地方重要的投资平台，公司业务覆盖房地产、教育及文化旅游等 ...