来源：中信投资控股 每日｜荐读 论坛： 新一批敲钟人，已在路上 荐读： 重新发现香港：科创时代的新蓝图 榜单： 全国首只AIC产业母基金来了 热文： 投资人"忙疯了" 2025年12月15日，中信投资控股全资子公司中信私募基金管理有限公司（下称中信私募）联合东莞市投资控股集团有限公司（下称东莞投控）、东 莞实业投资控股集团有限公司、东莞松山湖科学城集团有限公司合作发起设立东莞产业链发展母基金合伙企业（有限合伙）（下称东莞产业链发展母 基金或本支基金）在中国证券投资基金业协会完成备案。 本支基金总规模50亿元，首期规模15亿元，由中信私募担任基金管理人、普通合伙人及执行事务合伙人，东莞投控旗下东莞金控股权投资基金管理 有限公司担任普通合伙人，将聚焦人工智能（AI）与电子信息、半导体与集成电路、新材料、高端制造与机器人等领域，投向全国范围内的优质子基 金和直投项目，助力优质项目落地东莞，促进产业转型升级。 ...

Core Insights - Dongguan has established a dual fund matrix with a total scale of 60 billion yuan, marking a significant breakthrough in strategic emerging industry investment [1] - The funds aim to activate industrial innovation dynamics and inject strong financial power into the city's industrial transformation and new productivity cultivation [1] Fund Overview - The Industrial Chain Development Mother Fund has a target total scale of 50 billion yuan, with an initial scale of 15 billion yuan, resulting from a strategic cooperation between Dongguan government and CITIC Group [3] - The fund focuses on core industries such as artificial intelligence, electronic information, semiconductors, integrated circuits, new materials, high-end manufacturing, and robotics, utilizing a combination of sub-fund investments and direct project investments [3] - CITIC Private Equity Fund brings comprehensive capabilities across equity investment, industrial mergers and acquisitions, and asset management, enhancing project selection and post-investment support [3] AI-Focused Fund - The Binhai Bay Artificial Intelligence Mother Fund has a total scale of 10 billion yuan, with an initial scale of 3 billion yuan, operating under a "dual GP" model [4] - The fund targets "AI+" sectors, including core technology research and development, manufacturing empowerment, smart cities, smart transportation, and smart healthcare [4] - This initiative aligns with the Dongguan government's 2025 action plan and aims to accelerate the development of the AI industry [4] Project Development and Future Plans - The funds have already reserved multiple high-quality direct investment projects and established connections with leading domestic investment institutions [5] - The establishment of the fund serves as a model for city-town collaboration in nurturing emerging industries [5] - Dongguan Science and Technology Innovation Group plans to enhance its role as a bridge for local state-owned fund investment platforms, attracting more quality projects and top talent to Dongguan [5]

Core Viewpoint - The establishment of two funds, with a total scale of 60 billion yuan, marks a significant collaboration between the Dongguan government and CITIC Group, focusing on key industries such as artificial intelligence, semiconductor, and high-end manufacturing [1][2]. Fund Overview - The total target scale of the funds is 50 billion yuan, with an initial scale of 15 billion yuan, aimed at supporting Dongguan's strategic emerging industries [1]. - The funds will utilize a dual GP model, with CITIC Private Equity and Dongguan Investment Group managing the investments [2][3]. Investment Focus - The funds will concentrate on sectors including artificial intelligence, electronic information, semiconductors, new materials, and robotics, employing a combination of sub-fund investments and direct project investments [1][2]. - The investment strategy aims to create a deep integration of industrial chains, innovation chains, and capital chains, enhancing the local industrial ecosystem [2]. Specific Fund Details - One of the funds has a total scale of 10 billion yuan and an initial scale of 3 billion yuan, focusing on AI core technology, smart cities, and smart healthcare [3]. - The fund has already reserved multiple high-quality direct investment projects and is collaborating with leading domestic investment institutions to build a multi-layered sub-fund cluster [3].

Core Insights - Dongguan has established a dual fund matrix with a total scale of 60 billion yuan, marking a significant breakthrough in strategic emerging industry investment [1][3][5] Group 1: Dongguan Industry Chain Development Fund - The fund has a target total scale of 50 billion yuan, with an initial scale of 15 billion yuan, resulting from a strategic cooperation between Dongguan government and CITIC Group [3] - The fund focuses on core industries such as artificial intelligence, electronic information, semiconductors, new materials, and high-end manufacturing, utilizing a combination of sub-fund investments and direct project investments [3] - CITIC Private Equity Fund brings comprehensive capabilities across equity investment, industrial mergers, and asset management, enhancing project selection and post-investment support [3] Group 2: Binhai Bay Artificial Intelligence Fund - The fund has a total scale of 10 billion yuan, with an initial scale of 3 billion yuan, operating under a "dual GP" model [5] - It targets "AI+" sectors including core technology R&D, manufacturing empowerment, smart cities, smart transportation, and smart healthcare [5] - The fund aims to create a regional characteristic "AI + manufacturing" innovation hub, demonstrating a model for nurturing emerging industries in Dongguan [5][6] Group 3: Future Development and Strategy - Dongguan Science and Technology Innovation Group will continue to act as a bridge to attract quality projects, top talents, and industrial resources [6] - The company plans to enhance the full-chain capital ecosystem from seed to angel to venture and industrial investment, collaborating with state-owned enterprises and leading investment institutions [6]