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 ...