Core Viewpoint - Jiangsu Province has launched its third batch of strategic emerging industry mother funds, totaling 15.5 billion yuan, demonstrating continued investment activity despite a general slowdown in government-led fund establishment across the country [1][9]. Fund Overview - The third batch consists of five funds with a total scale of 15.5 billion yuan, including one cooperative fund of 10 billion yuan, two municipal industry-specific mother funds of 4 billion yuan each, one provincial enterprise industry-specific fund of 1 billion yuan, and one future industry angel fund of 500 million yuan [1][3][4]. Fund Details - The 10 billion yuan cooperative fund, Cheng Tong Science and Technology Investment Fund (Jiangsu), is the first industry-specific fund established in collaboration with central enterprises, aimed at enhancing cooperation and supporting technological innovation in Jiangsu [3][6]. - The municipal industry-specific mother funds include a 3 billion yuan fund focused on new energy and integrated circuits in Xuzhou, and a 1 billion yuan fund targeting high-end intelligent manufacturing in Zhenjiang [4][7]. - The 1 billion yuan provincial enterprise fund, Jiangsu Agricultural Reclamation Modern Biotechnology Industry Investment Fund, focuses on direct investments in pharmaceuticals, biotechnology, and specialty food sectors [4][7]. - The 500 million yuan future industry angel fund aims to support high-level talent in innovative entrepreneurship across various advanced technology sectors [4][7]. Characteristics of the Third Batch - The third batch of funds features increased partnerships with central enterprises, expanding regional coverage to all 13 municipalities in Jiangsu, and a broader range of supported sectors, particularly in biotechnology and future industries [6][7]. Historical Context - Since its inception in June 2024, the Jiangsu Province mother fund has rapidly grown, with a total scale exceeding 100 billion yuan within a year, marking a significant milestone in the establishment of provincial mother funds [9][10].

Core Insights - Jiangsu Province's Strategic Emerging Industry Fund (referred to as "Jiangsu Emerging Industry Fund") has officially launched its third batch of industry-specific funds, totaling 15.5 billion yuan [1] - The cumulative number of industry-specific funds established by the Jiangsu Emerging Industry Fund has reached 41, with a total scale of 106.9 billion yuan, marking a significant increase in capital capacity and achieving full coverage across all 13 districts in Jiangsu Province [1][2] - The notable cooperation fund is the 10 billion yuan Chengtong Science and Technology Investment Fund (Jiangsu), initiated by China Chengtong Holdings Group, which aims to deepen cooperation between central and local enterprises and promote the implementation of central enterprise industrial chains in Jiangsu [1] Fund Details - The third batch of industry-specific funds includes 5 funds with a total scale of 15.5 billion yuan, with 2 funds specifically targeting district-level industries in Xuzhou and Zhenjiang, totaling 4 billion yuan [2] - The 3 billion yuan Jiangsu Xuzhou Emerging Industry Special Mother Fund focuses on new energy, integrated circuits, new materials, green environmental protection, and safety emergency industries [2] - The 1 billion yuan Jiangsu Zhenjiang High-end Intelligent Manufacturing Industry Special Mother Fund is initiated by Zhenjiang State-owned Investment Holding Group [2] Investment Focus - The Jiangsu Emerging Industry Fund aims to guide capital towards innovative sources, supporting early and mid-stage technology projects and industrialization in strategic emerging industries such as new materials, advanced manufacturing, new generation information technology, and new energy [1][2] - The Jiangsu Agricultural Reclamation Group has initiated a 1 billion yuan Jiangsu Agricultural Reclamation Modern Biotechnology Industry Investment Fund, focusing on pharmaceuticals, biological agriculture, and specialty new foods [2] - A 500 million yuan Jiangsu New Intelligence Future Industry Angel Investment Fund, initiated by Jiangsu High Investment Group and Suzhou Innovation Investment Group, aims to support high-level talent innovation and entrepreneurship in future industries [3] Performance and Impact - Since its launch in June of last year, the Jiangsu Emerging Industry Fund has effectively supported the growth of strategic emerging industries and future industries in the province, with 36 funds totaling 91.4 billion yuan established and operational [3] - The fund has successfully attracted capital from major state-owned enterprises and leading investment institutions, with a total of 86 investment projects initiated [3]

全域覆盖加速布局。此次启动的第三批产业专项基金中，镇江市申报10亿元高端智能制造产业专项母基 金，标志着省战新母基金中的设区市产业专项母基金架构实现了对全省13个设区市全覆盖；徐州市申报 的30亿元新兴产业专项母基金，则是该市与省战新母基金合作的第二只基金，将助力徐州国家产业转型 升级示范区建设迈向更高水平。 记者了解到，新启动的第三批基金在投资方向上持续拓维：省农垦集团发起设立10亿元的江苏农垦现代 生物技术产业投资基金，聚焦医药健康、生物农业、特色新型食品等主业相关领域直投，强化省属国企 战新产业（300832）布局；江苏高投集团联合苏州创新投资集团，共同设立5亿元的江苏省新智未来产 业天使投资基金，重点支持高层次人才创新创业，加速未来产业前沿科技成果转化，服务我省打造具有 全球影响力的产业科技创新中心。 本报讯(记者倪敏)江苏省战略性新兴产业母基金(简称"省战新母基金")迎来重大进展：7月11日，省政府 与中国诚通控股集团签署框架合作协议，规模100亿元的诚通科创投资基金(江苏)有限公司框架性协议 正式签署。7月12日，记者从省战新母基金管理部门进一步了解到，包含诚通科创基金在内的第三批5只 产业专项基 ...