一口气官宣市级低空经济产业基金、Pre-REITs基金、两支AIC基金落地、千亿元综合授信，12月9日， 龙华区在国际合作中心召开产融结合高质量发展大会，集中发布一批标志性产融结合成果。作为龙华区 拓展金融"朋友圈"、厚植新质生产力的重要平台，本次大会汇聚了中信证券、农银资本、建信投资、中 银国际、交银国际、招商基金、深圳资本集团、深圳担保集团等头部投资机构、十余家银行代表以及三 十余家辖区企业。面向"十五五"，龙华区持续做好金融五篇大文章，以金融"活水"促进产业"开新芽、 参天树"，产融结合迎来新篇章。 聚势而上、资本赋能，引导金融"活水"促进行业龙头顶天立地 "龙华是深圳传统制造业大区，工业占GDP比重超过四成，必须要把服务实体经济、服务先进制造业、 服务重大项目建设作为促进金融业集聚和高质量发展的重要抓手。推动AIC与本地资本协同、产业与金 融联动，打通银行资金与产业项目对接落地'最后一公里'是关键命题。"龙华区发展和改革局相关负责 人介绍道。本次大会龙华区官宣落地百亿级战新产业基金集群，其中尤为引人注目的是深资本建信龙华 AIC基金、深担农银龙华AIC基金，两支基金总规模均为20亿元，重点布局深圳市" ...

一口气官宣市级低空经济产业基金、Pre-REITs基金、两只AIC基金落地、千亿元综合授信，12月9日， 龙华区在国际合作中心召开产融结合高质量发展大会，集中发布一批标志性产融结合成果，官宣落地百 亿级战新产业基金集群。 行动方案》中明确提出，绘制拟上市画像，对标交易所上市标准找差距、补短板，运用并购重组专项基 金服务企业参与多层次资本市场。 累计为3.1万余家企业主体提供1600亿元授信 "高科技企业面临的不仅是融资难、融资贵问题，更需要资本带动的全产业链赋能，本次大会为资金 方、产业方、企业方精准对接，协同联动搭建了很好的平台。"参加本次大会的龙华区一家专精特新企 业欣界能源相关负责人提到。作为龙华区深耕eVTOL固态电池领域的"小巨人"企业，欣界能源刚刚完成 数亿元的A轮融资。 2025年前三季度，龙华区先进制造业发展保持强劲势头，全区工业增加值同比增长5.5%，工业机器 人、集成电路、民用无人机等高技术产品产量分别增长26.9%、33.6%、58.3%，规上工业企业利润增长 24.7%并连续5个月保持上升态势。龙华区先进制造业沃土不断孕育出增长新动能，在不久前公示的 2025年第七批国家级专精特新"小 ...

一口气官宣市级低空经济产业基金、Pre-REITs基金、两支AIC基金落地、千亿元综合授信……12月9日，龙华区在国际合作中心召开产融结合高质量发展大 会，集中发布一批标志性产融结合成果。 其中尤为引人瞩目的是，龙华区官宣落地百亿级战新产业基金集群，里面规模最大的两支基金总规模均为20亿元，分别为深资本建信龙华AIC基金和深担农 银龙华AIC基金。记者在现场了解到，该基金集群将重点布局深圳市"20+8"产业集群和龙华区"1+2+3"产业体系中的数字经济、新能源、高端医疗器械、集 成电路、人工智能等赛道。 深圳·龙华 2025·第一届深圳市友 产融结合高质量发展 Stan Pal 199 700 2025.12 深圳商报·读创客户端首席记者 谢惠茜 "高科技企业面临的不仅是融资难、融资贵问题，更需要资本带动的全产业链赋能，本次大会为资金方、产业方、企业方精准对接，协同联动搭建了很好的 平台。"参加本次大会的龙华区一家专精特新企业欣界能源相关负责人提到。作为龙华区深耕eVTOL固态电池领域的小巨人企业，欣界能源刚刚完成数亿元 的A轮融资。 2025年前三季度，龙华区先进制造业发展保持强劲势头，全区工业增加值同比增 ...

Core Insights - The establishment of the Jianyang Jiazi Qianfan Fund marks a significant step in introducing long-term capital to support emerging industries in Jianyang, Sichuan [1][3] - The fund is part of a broader strategy to enhance the capital investment system in Jianyang, focusing on key industries such as aerospace, advanced manufacturing, artificial intelligence, new energy materials, and biomedicine [3] Group 1 - The Jianyang Jiazi Qianfan Fund has officially registered and is the first AIC fund established in Chengdu's county-level cities since the expansion of AIC pilot projects in September 2024 [1] - The fund is initiated by Sichuan Jianzhou Airport Xiongzhou Capital Investment Co., Ltd., in collaboration with Agricultural Bank of China Financial Asset Investment Co., Ltd., and Chengdu Jiazi Capital Management Group Co., Ltd. [1] - The fund management is undertaken by Jiazi Industrial Fund Management Company, indicating a strong partnership among various financial entities [1] Group 2 - The fund aims to leverage the stable AIC funding and strong resource integration capabilities to support the development of a modern industrial system in Jianyang [3] - Jianyang is actively constructing a "1+1+N" industrial capital investment system, which includes one specialized capital investment company, one mother fund, and multiple sub-funds, targeting a fund cluster exceeding 10 billion [3] - The initiative is designed to attract high-quality projects and drive high-quality industrial development in the city [3]

Core Viewpoint - The Chengdu Pidu District Jiaozi Manyuan Industrial Development Fund aims to integrate finance and industry, supporting the construction of a modern industrial system in Chengdu with an initial scale of 1 billion yuan and a long-term target of 5 billion yuan [1][2]. Fund Establishment and Management - The fund was officially launched in Pidu District, with a dual GP model managed by Jiaozi Industrial Fund Company and Pidu District Jinghui Venture Capital Co., Ltd [1]. - A collaborative agreement was signed among Jiaozi Capital, Jiaozi Investment, and other financial institutions to enhance the synergy of the fund structure [1]. Strategic Focus - The fund will focus on developing four leading industries: electronic information, equipment manufacturing, green food, and new materials, aligning with Pidu District's strategy for industrial strength and urban integration [2]. - The initiative is part of Chengdu's "Liyuan Manyuan" action plan, promoting the establishment of a fund for each park and industry [2]. National Recruitment of Sub-Fund Managers - The event also marked the national recruitment of sub-fund managers, aiming to attract high-quality investment institutions to build a comprehensive financial service system covering the entire lifecycle of enterprises [2]. Investment Scope and Requirements - Sub-funds are expected to invest in electronic information, equipment manufacturing, green food, strategic emerging industries, and cultural industries, prioritizing projects that support Pidu District's industrial development [6]. - Sub-fund managers must meet specific criteria, including a minimum registered capital of 10 million yuan and a proven track record in managing equity investment funds [7][9]. Fund Structure and Governance - The sub-fund must adopt a limited partnership structure, with a maximum management fee of 2% of the total capital [12]. - Investment in any single project should not exceed 20% of the sub-fund's total commitment, requiring approval for larger investments [12]. Application Process - Interested fund management institutions must submit electronic and paper applications, ensuring the accuracy and completeness of the materials [15][17].

Core Insights - Shenzhen has established the first AIC mother fund, marking a significant development in the equity investment sector and enhancing the city's innovative financial landscape [1][3][11] Group 1: AIC Mother Fund Establishment - The AIC mother fund, initiated by multiple entities including China Construction Bank, has a scale of 7 billion yuan, with plans for subsidiary funds to reach a total of 20 billion yuan [3] - This fund aims to support various investment goals such as industrial investment, mergers and acquisitions, and enhancing supply chain integration [3][4] - The establishment of this fund represents a shift in AIC's investment strategy from direct investment to resource allocation, leveraging a mother fund structure to mobilize larger social capital [4] Group 2: Market Trends and Investment Climate - The equity investment market in Shenzhen is experiencing a structural recovery, with a notable increase in institutional LP investment activity, showing a 40.3% month-on-month growth in September [6][7] - The number of newly registered private equity and venture capital funds surged to 557 in September, reflecting a 51.4% increase from the previous month [7] - Shenzhen's proactive policies, such as the "Action Plan for Promoting High-Quality Development of Venture Capital" aim to create a trillion-yuan industry fund cluster by 2026 [8] Group 3: Sector-Specific Investments - Shenzhen is rapidly expanding its capital investments in artificial intelligence and robotics, with a total of 3 billion yuan allocated to an "AI fund cluster" [10] - The city has also launched a 5 billion yuan semiconductor and integrated circuit investment fund, indicating a strategic focus on high-tech industries [10]

Group 1 - The establishment of the Guangzhou Investment Fund, with a total investment of 3 billion RMB, marks a new development in the collaboration between bank-affiliated financial asset investment companies and state-owned enterprises in Guangzhou [1] - The expansion of the AIC equity investment pilot program to 18 cities, including Guangzhou, has facilitated direct equity investment by financial asset investment companies, leading to multiple AIC funds being established [1] - The Guangzhou Jianyuan Investment Fund, with a scale of 1 billion RMB, focuses on strategic emerging industries such as semiconductors, new energy, biomedicine, and new generation information technology [1] Group 2 - The establishment of the Guangzhou Chuangxin Investment Fund, with a scale of 1 billion RMB, targets core enterprises in the integrated circuit industry [2] - A parallel fund of 5 billion RMB has been set up to invest in new generation information technology, smart and new energy vehicles, and intelligent equipment and robotics [2] - The Guojin Qianfan Qihang Venture Capital Fund, with a total scale of 2 billion RMB, focuses on sectors such as life and health, new generation information technology, high-end manufacturing, artificial intelligence, new energy, and new power [2]

近期，各地直投基金群设立的如火如荼，如3月北京昌平成立1 5 0亿元科技产业基金群；5 0 0亿 上海市产业转型升级二期基金、5 0 0亿国资并购基金矩阵启动。 "感觉今年，各地新设的政府基金基本都是直投，大家都不设母基金了。去年这个时间点，还 是有很多百亿、千亿母基金群的动态的。"北京某VC机构IR负责人陈晨（化名）对母基金研究 中心表示。 多位IR告诉母基金研究中心，体感今年的母基金设立数量是"腰斩"。数据也基本符合了大家的 感受——据母基金研究中心数据统计，2 0 2 4年第一季度新发起母基金规模2 3 8 7亿，今年第一 季度新发起母基金规模1 4 6 2亿， 下跌3 8 . 7 5% 。 "个人观点， 国办1号文'不以招商引资为目的设立政府投资基金'影响还是比较大 。招商引资 是目前各地政府设立母基金的动力之一，政府投资基金失去招商引资功能可能会影响地方设立 政 府 引 导 基 金 的 积 极 性 ， 再 加 上 县 级 政 府 严 控 新 设 基 金 ， 预 计 未 来 中 国 母 基 金 数 量 可 能 会 减 少、规模可能会逐步下降，创投类的尤甚。我们也确实观察到， 因应国办1号文，今年以来各 ...