Core Viewpoint - The establishment of the PuChuang LiXi LeSheng Venture Capital Fund marks a significant collaboration between state-owned capital and local government, aiming to enhance the innovation ecosystem in the Pudong New Area, particularly in the biotechnology sector [1][2]. Group 1: Fund Overview - The PuChuang LiXi LeSheng Fund has a total scale of 200 million yuan, making it the first industry fund in Pudong New Area that combines state-owned capital with local government initiatives [1]. - The fund is established by the Pudong Chuangtou Group, Zhoupu Town, and LeChun Biotechnology, focusing on creating a synergistic development model that integrates government guidance, state-owned capital leadership, and technology innovation projects [1]. Group 2: Investment Focus - The fund will primarily invest in enterprises and industries related to Zhoupu Town, particularly in high-end biomedicine and integrated circuit equipment materials [2]. - It will also emphasize investments in biopharmaceutical technologies, including upstream cell culture and downstream separation processes, to foster innovation and enhance Pudong's global competitiveness in the biomedicine field [2].