Core Insights - Haihe Industrial Fund ranked first in the provincial government guidance fund list and second in the national list according to the 2025 ranking released by Qianlong Research Center, marking its best performance since its establishment in 2017 [4] - The fund's success reflects the recognition of its professional capabilities and the innovative practices in industrial finance by Tianjin [4] Group 1 - The Tianjin Municipal Finance Bureau has invested a total of 14.34 billion yuan into the Haihe Industrial Fund, which has recovered 5.97 billion yuan and distributed investment returns of 750 million yuan during its operation [5] - The fund has facilitated the establishment of 81 mother funds with a total investment of 74.24 billion yuan, funding 780 projects with an investment amount of 60.12 billion yuan [5] - A total of 343 projects have been implemented in Tianjin, with an investment amount of 208.3 billion yuan, significantly boosting local economic development [5] Group 2 - The Tianjin Municipal Finance Bureau aims to leverage the brand effect of the Haihe Industrial Fund to develop long-term, patient, and strategic capital, continuously improving the "1+N" investment system [5] - The goal is to enhance contributions to national and Tianjin development strategies, promote industrial upgrades, and foster innovation and entrepreneurship for high-quality regional economic development [5]