Core Viewpoint - The collaboration between China Chengtong and Jiangsu Provincial Government aims to establish a 10 billion yuan Chengtong Science and Technology Innovation (Jiangsu) Fund, enhancing the integration of state capital with local economy and research resources [1] Group 1 - The signing ceremony included agreements from China Chengtong, Jiangsu Provincial Strategic Emerging Industry Mother Fund, Nanjing Venture Capital Group, and Jiangbei New Area High-Quality Mother Fund to initiate the Chengtong Science and Technology Innovation (Jiangsu) Fund [1] - The fund will leverage Jiangsu's strengths in strategic emerging industries such as new materials, advanced manufacturing, new generation information technology, and new energy to guide capital towards innovation sources [1] - The Chengtong Science and Technology Innovation (Jiangsu) Fund will work in synergy with the previously established 10 billion yuan venture capital mother fund in Beijing, creating a "mother fund + direct investment fund" collaborative effect [1] Group 2 - The Chengtong Su Shi Materials Achievement Transformation Fund aims to promote the transformation and industrialization of scientific and technological achievements in the new materials field [1] - This fund will closely collaborate with the Suzhou Laboratory, which is responsible for major technological breakthroughs in materials, to accelerate the transition of technology from the laboratory to the market [1] - The initiative is expected to facilitate the conversion of significant scientific research tasks into major industrialization projects [1]