Core Viewpoint - The Xiaoting Fund aims to promote industrial development and transformation in the Xiaoting District of Yichang City, focusing on strategic emerging industries through a combination of sub-funds and direct investments [1]. Group 1: Fund Structure and Investment Strategy - The Xiaoting Fund has a total paid-in capital of 203 million yuan, targeting investments in sectors such as new energy, modern chemicals, ecological protection, next-generation information technology, automotive components, and biomedicine [1]. - The fund will operate as a mother fund, collaborating with leading industry enterprises to establish sub-funds or directly invest in projects [1]. - At least 50% of the fund's total scale must be invested in sub-funds, with a maximum contribution of 30% to any single sub-fund, ensuring it does not become the largest or co-largest investor [1]. Group 2: Investment Focus - The fund will prioritize investments in key industries within the Xiaoting District, including new chemical materials, life sciences (synthetic biology), and high-end equipment manufacturing, targeting unicorns, hidden champions, and specialized innovative non-listed companies [1]. - Sub-funds established by the Xiaoting Fund are required to invest at least an amount equal to the fund's contribution in enterprises and major projects within the Xiaoting District [2].