The "investment promotion" effect of our provincial fund is gradually emerging, and the transformation of old and new driving forces through the fund has driven social investment of 309.2 billion yuan

Since the establishment of the New and Old Energy Conversion Fund, all levels in the province have made every effort to accelerate the establishment and operation of the fund. As of now, there are a total of 262 government investment funds in the province, driving social investment of 309.2 billion yuan. The scale of fund investment continues to expand, and the effect of "attracting investment" is gradually emerging.

Set up a fund specifically for attracting landing projects, and through capital injection, allow the headquarters or core business departments of the enterprise to stay locally. Dezhou City seized the opportunity of the relocation of non capital functions in Beijing, actively connected with the Beijing Nonferrous Metals Research Institute, and established a fund with a scale of 3 billion yuan to ensure the smooth implementation of the institute's semiconductor projects.

Establish special funds around a certain industry or field, provide preferential policies, and attract various types of capital or projects to settle down. Qingdao has established the first 12 billion yuan Qingdao Science and Technology Innovation Mother Fund, which focuses on supporting original innovation, achievement transformation, and the cultivation of high-end technology industrialization projects. Through bidding, Beijing Hongtai Tongchuang Investment Management Co., Ltd. was selected as the fund manager, which not only brings high-quality project resources to Qingdao, but also injects fresh blood into the local fund manager market. As of now, more than 80 projects have been negotiated for cooperation with the Science and Technology Innovation Fund.

Collaborate with top tier domestic fund management teams, actively participate in fund operations, and graft project resources, financial capital, and social capital for the local market. Weifang High tech Zone participates in the fund managed by Huakong Capital, focusing on the introduction of high-quality projects. Huakong Capital has opened up its project library and introduced project resources urgently needed for industrialization and landing into Weifang High tech Zone.

Around the major industrial projects, various innovative enterprises, and provincial key talent innovation and entrepreneurship projects determined by the provincial party committee and government, the provincial finance has preliminarily screened 85 key projects from various cities, with a total fund size of 91 billion yuan. The Provincial New Energy Fund Company is carrying out follow-up work such as due diligence and investment decision-making for project funds in accordance with relevant policies and regulations, and in a market-oriented manner.

Information source: Dazhong Net

Editor He Yang of this website/Organizing