Core Viewpoint - The Yancheng Economic and Technological Development Zone is establishing an industrial sub-fund to attract social capital for industrial transformation and upgrading, with a focus on key industries and strategic emerging sectors. Group 1: Fund Structure and Management - The Yancheng Economic and Technological Development Zone's mother fund has a total scale of 1 billion yuan, managed by Jiangsu Yueda Private Fund Management Co., Ltd. [1] - The mother fund will operate primarily through the establishment of industrial sub-funds and collaborative fund formation, targeting major national, provincial, municipal, and district strategies [1]. Group 2: Investment Focus - The mother fund will focus on investments in leading industries such as automotive, new energy, and electronic information, as well as strategic emerging industries like digital economy and green low-carbon projects [1]. - The industrial sub-fund will be primarily established within the Yancheng Economic and Technological Development Zone [2]. Group 3: Sub-Fund Details - The Yancheng Advanced Technology Industry Fund has a scale of 250 million yuan, focusing on investments in digital economy, modern services, intelligent manufacturing, and new materials [3]. - The mother fund's contribution to the industrial sub-fund will not exceed 30% of the sub-fund's total scale, while the sub-fund manager must contribute at least 1% or a minimum of 5 million yuan [3]. - The sub-fund manager is required to raise at least 20% of the sub-fund's total scale in funds [3].