Core Viewpoint - The establishment of the Emerging Industry Fund marks a significant step in promoting investment in new industries in Jiangsu Province, focusing on key sectors such as renewable energy, integrated circuits, and green technology [1]. Group 1: Fund Establishment - The Jiangsu Xuzhou Emerging Industry Special Mother Fund has successfully completed its business registration as the first specialized fund in the third batch of provincial strategic new mother funds [1]. - The total scale of the Emerging Industry Fund is 3 billion yuan, initiated by Guosheng Group in collaboration with various local governments and organizations [1]. - The fund is managed by Xuzhou Strategic New Private Equity Company, a subsidiary of Guosheng Group, which has already prepared over 60 direct investment projects and nearly 10 sub-funds for future investments [1]. Group 2: Investment Focus - The Emerging Industry Fund targets emerging industries, specifically in areas such as new energy, integrated circuits, new materials, and environmental protection [1]. - Key investment areas include new energy storage, chip design and manufacturing, advanced non-ferrous metal materials, energy efficiency, and advanced environmental protection technologies [1]. Group 3: Previous Fund Initiatives - To date, Guosheng Group has jointly established two specialized mother funds in Xuzhou with a total scale of 6 billion yuan, covering smart manufacturing and emerging industries [2].