Core Viewpoint - Shanghai Jing'an Capital Investment Operation Co., Ltd. has officially launched, aiming to integrate state-owned fund operations with a model of "government-guided funds + direct investment + market-oriented" to create a hundred billion investment matrix [4][6]. Group 1: Company Overview - Jing'an Capital has a registered capital of 12 billion yuan and will focus on strategic emerging industries and future industries, including artificial intelligence, big data, cultural creativity, and life health [6][8]. - The company aims to enhance the value of state-owned listed companies through "strategic shareholding + market value management" and will also handle the revitalization and disposal of inefficient assets [6][8]. Group 2: Strategic Partnerships - Jing'an Capital signed cooperation agreements with eight fund companies, including Daohe High-tech Fund and Fudan Sci-tech Fund, to strengthen the state-owned fund ecosystem in Shanghai [6][8]. - Shanghai State Investment Company will collaborate with Jing'an Capital in key areas such as artificial intelligence and big data, promoting capital linkage between city and district levels [8]. Group 3: Investment Performance - The Jing'an Industrial Guidance Fund has invested in nine sub-funds with a total investment scale of 1.6 billion yuan, leveraging approximately 24 times the capital scale and generating over 3 billion yuan in new tax revenue [7]. - The Shanghai Future Industry Fund has increased its scale from 10 billion yuan to 15 billion yuan and has announced plans to invest in 18 sub-funds this year [10][12]. Group 4: Industry Context - The article highlights the active investment landscape in Shanghai, with multiple funds being established to support the growth of strategic industries, indicating a strong correlation between venture capital activity and urban development [10][12].