Core Insights - Chengdu Industrial Investment has achieved remarkable returns on its investments, with the drone project yielding 30-40 times returns and the Haiguang Information project exceeding 100 times returns [1][2][3] - The company has developed a unique investment methodology over nearly a decade, focusing on long-term patience and professional judgment in the hard technology sector [1][21] - The firm positions itself as an "industrial partner," emphasizing a "patient capital" approach that allows for a complete investment cycle of "dare to invest, able to succeed, and willing to exit" [1][24] Investment Performance - Chengdu Industrial Investment's investment in Zhongwu Drone began in 2014 with an initial investment of 60 million yuan, which has now grown significantly, with a current market value of approximately 3.132 billion yuan [3][9][17] - The company has successfully navigated the challenges of the hard technology sector, where most investments typically result in losses, making its achievements noteworthy [2][3] Strategic Initiatives - The launch of the "Chengdu Investment 28 Plan" aims to systematize and platformize investment logic, seeking to cultivate the next successful projects similar to Zhongwu Drone and Haiguang Information [1][19] - The plan is part of a broader strategy to establish a 100 billion yuan future industry fund by 2025, focusing on a comprehensive investment lifecycle from seed stage to IPO [19][20] Market Context - The drone industry in Chengdu has seen significant growth, with over 500 companies involved across the entire supply chain, generating revenues exceeding 6 billion yuan [16][17] - Chengdu aims to become the "first city of industrial drones" and a center for low-altitude economy in Western China, reflecting the region's commitment to developing its aerospace industry [16][17] Investment Philosophy - Chengdu Industrial Investment's approach is characterized by a long-term commitment to supporting local industries, with a focus on risk-sharing and benefit-sharing through equity ties with companies [24][25] - The firm emphasizes a "lead enterprise + supporting" investment model, which allows for rapid local industry support and stable market space for complementary businesses [25][26]