Jiangsu Province Strategic Emerging Industries Fund of Funds

Overview

The Jiangsu Province Strategic Emerging Industries Fund of Funds is a sovereign wealth fund established by the Jiangsu Provincial Government to promote the development of strategic emerging industries within the province. The fund aims to support technological innovation, upgrade traditional industries, and cultivate emerging sectors, thereby contributing to high-quality economic development in Jiangsu. The fund operates with a patient capital approach, focusing on early-stage investments in sectors such as new materials, new energy, the Internet of Things, artificial intelligence, data industries, green environmental protection, intelligent equipment, biomedicine, integrated circuits, next-generation information communication, high-end software and information services, and low-altitude economy and aerospace industries. It also targets future industries like the metaverse, advanced computing, quantum technology, general intelligence, future energy, future health, frontier new materials, humanoid robots, future network communication, third-generation semiconductors, and deep-sea, deep-earth, and aerospace development. Since its inception, the fund has launched multiple industry-specific funds, significantly increasing its total scale and achieving full coverage across Jiangsu's 13 prefecture-level cities. These initiatives have effectively supported the development of strategic emerging industries and future industries in the province, aligning with Jiangsu's strategic plans for industrial advancement and innovation-driven growth.

Investment Focus

• Focus on strategic emerging industries
• Alignment with Jiangsu's industrial development plans
• Support for technological innovation and industrial upgrading
• Contribution to high-quality economic development in Jiangsu

Portfolio Companies