Group 1 - The core point of the article is the launch of the "Shanghai Lingang Guotai Haitong Qihang Venture Capital Partnership (Limited Partnership)" which has completed registration with the Asset Management Association of China and has begun operations [1] - The total scale of the Qihang Venture Capital Fund is 400 million RMB, with an investment period of 10 years and an exit period of 5 years [1] - Guotai Haitong's subsidiary, Guotai Junan Innovation Investment Company, serves as the General Partner (GP) and fund manager for the venture capital fund [1]