Core Insights - The third China Listed Companies Industry Development Forum was held, focusing on the integration of technology and industry, and empowering state-owned investment institutions for the development of listed companies [1][2] Group 1: Forum Overview - The forum was guided by several organizations including the Shanghai Investment Promotion Service Center and the China (Shanghai) Pilot Free Trade Zone Management Committee [1] - Nearly 300 listed companies and over 250 state-owned institutions participated, aiming to explore new paths for industrial upgrading, innovative development, and governance improvement [1] Group 2: Key Initiatives - The forum's secretary-general highlighted the unique perspective of the forum, emphasizing the role of listed companies as core forces in the industrial chain and the importance of capital serving industry and technology innovation [1] - Three groups of funds were launched during the forum, with the first focusing on high-quality development funds for listed companies and projects in Pudong [1] - The second group of funds aims to establish industry sub-funds in collaboration with listed companies, with the first mother fund already established in cooperation with Dali Prefecture [1] Group 3: CVC Fund Development - The third group of funds is centered on the establishment of a Corporate Venture Capital (CVC) fund focused on new materials [2] - Collaboration between listed companies and local state-owned assets to set up industry CVC funds has become a significant trend [2] - Listed company Yutong Technology has partnered with Taizhou to expand into new materials and artificial intelligence sectors [2]

Core Insights - The third China Listed Companies Industry Development Forum was held on September 21, 2025, in Shanghai, focusing on the theme "Future Industries and State Capital Empowering Listed Companies" [1] - The forum gathered 800 top professionals from the industry and capital sectors to witness the new model of state capital and cutting-edge technology empowering listed companies [1] Group 1: Forum Objectives and Themes - The core goal of the forum is to implement the national innovation-driven development strategy and respond to the CSRC's requirement to enhance technology innovation leadership and improve the overall quality of listed companies [1] - The forum emphasizes the integration of technology and industry, as well as the empowerment of state investment institutions, to explore new paths for industrial upgrading, innovative development, and governance improvement for listed companies [1] Group 2: Organizational Structure - The forum is guided by the Shanghai Investment Promotion Service Center, the Yangtze River Delta Capital Market Service Base, and the Shanghai Free Trade Zone Administration [1] - It is hosted by organizations including the China Science and Technology Development Foundation, Shanghai Angel Investment Association, and the Shanghai State-owned Assets and State-owned Enterprises Reform and Development Research Center [1] - The event is organized by financial media platforms such as Caizhongwang [1] Group 3: Key Statements - The Secretary-General of the forum, Cui Bin, stated that this forum is the only one in China that observes the development, incubation, transformation, and expansion of listed companies from an industrial perspective [1] - The focus remains on how capital can better serve the industry and how technological innovation can empower industrial development [1]