Core Viewpoint - The article discusses the establishment of a fund of funds in Dangtu County, focusing on investments in smart home appliances and related industries, with specific guidelines for the management and investment of sub-funds [1][2]. Group 1: Fund Structure and Management - The Dangtu County Smart Home Appliance Venture Capital Fund (referred to as "mother fund") is publicly soliciting sub-fund management institutions [1]. - The mother fund can participate in the establishment of new sub-funds or increase its stake in existing sub-funds, with a maximum holding of 30% unless unanimously approved by the investment decision committee [1]. - The management of the mother fund is handled by Anhui Chuanggu Equity Investment Fund Management Co., Ltd., which focuses on investments in smart home appliances and their supply chain [2]. Group 2: Investment Guidelines - Sub-funds are required to invest at least 1.5 times the amount contributed by the mother fund in enterprises registered in Dangtu County [2]. - Specific scenarios that qualify as investments in Dangtu County include: 1. Companies relocating their registered offices to Dangtu County with a commitment to remain for at least five years [2]. 2. Investments that establish headquarters or production bases in Dangtu County [2]. 3. Additional investments by the management company or related entities in Dangtu County enterprises [2]. 4. Other scenarios recognized by local government that meet investment requirements [2]. - If the sub-fund fails to meet the return investment requirements, the management institution must compensate the mother fund based on the shortfall in return [2].