Group 1 - The article announces the selection of third batch fund management institutions for Shanghai's three leading industries mother fund, focusing on integrated circuits, biomedicine, and artificial intelligence [1] - The Shanghai Guotou Xiandao Company manages private investment funds aimed at investing in newly established sub-funds and increasing capital in existing funds [1] - The selected sub-funds must be equity direct investment funds established or relocated within Shanghai, managed by professional institutions with a market-oriented approach [1] Group 2 - The selection encourages collaboration with leading enterprises in the three key industries to establish funds [1]