The list conducted research on more than 200 equity investment institutions in the Yangtze River Delta Region, adopting a combination of quantitative and qualitative methods. It evaluated the selected institutions based on selection indicators such as under management scale, investment and exit performance. After procedures including preliminary selection, information verification and final ranking, more than 20,000 pieces of data were compiled. The market influence and reputation of the institutions were also comprehensively considered, and finally, eligible investment institutions were selected into the list based on their scores.

Founded in May 2018 with a registered capital of 15 billion yuan, Nanjing Innovation Investment Group is a professional venture capital platform in Nanjing. It mainly aggregates various types of innovative capital and resources to help Nanjing focus on technological innovation oriented towards the real economy and cultivate internationally competitive innovative industrial clusters. Centering closely on the PDSM strategy, Nanjing Innovation Investment Group has a comprehensive fund product matrix, including government investment funds, market-oriented mother funds, direct investment funds, S funds and M&A funds. It manages a fund scale of approximately 30 billion yuan, with indirectly managed assets exceeding 200 billion yuan. The number of projects invested in directly or indirectly is nearly 2,000, among which about 100 enterprises have been listed and 26 enterprises have been listed on the National Equities Exchange and Quotations (NEEQ).

In recent years, Nanjing Innovation Investment Group has taken the lead in pursuing high-quality development, deepening reforms in aspects such as institutional mechanisms, talent teams, incentive mechanisms, system construction and digital transformation, and striving to build a first-class innovative fund investment management and operation platform in China. It has strengthened institutional and mechanism innovation and improved organizational support by optimizing the structure of the board of directors, improving the investment authorization system, and establishing special committees to enhance the decision-making capacity of the board of directors. It has improved the business decision-making mechanism and raised the level of scientific decision-making by establishing a professional three-level business decision-making process, building a dynamically adjusted industry expert database at different levels, and establishing and improving the risk control and compliance system for project investment. It has strengthened the construction of talent teams by promoting de-administration reform, building a "four-in-one" human resource management system covering position rank management, post management, performance management and salary management, and cultivating internal talents while introducing external professionals. It has established market-oriented incentive and restraint mechanisms by improving the indicator systems for the company, various departments and employees, and establishing a market-oriented fund employee co-investment mechanism based on the principle of "two compulsions and one voluntariness". In addition, Nanjing Innovation Investment Group has established more than 30 relevant systems covering investment business, internal control and employee assessment, and built a system covering the whole process of "fund-raising, investment, management and exit" for mother funds, sub-funds and direct investments, with comprehensive risk control node management. At the same time, it has built an integrated multi-system with a central database as the core to enhance the level of digital management.

Since 2024, in order to implement the three-year action plan for strengthening the city through industries, and with the support and promotion of the municipal party committee and municipal government, Nanjing Innovation Investment Group has strived to build a first-class innovative fund investment management and operation platform in China. Centering on Nanjing's "4266" key industries, it has accelerated the construction of a "4+N" industrial fund cluster led and driven by state-owned capital. Four funds applied for by Nanjing Innovation Investment Group on behalf of Nanjing - namely the Software and Information Services Fund, the New Power Industry Fund, the Future Industry Fund and the Purple Mountain Network Fund - have been approved by the provincial government, with a total scale of 13.5 billion yuan. Among them, the Software and Information Services Special Mother Fund has a scale of 6 billion yuan, the New Power Industry Special Mother Fund has a scale of 6 billion yuan, the Future Industry Angel Fund has a scale of 1 billion yuan, and the Purple Mountain Network Angel Fund has a scale of 500 million yuan. In addition, Nanjing Innovation Investment Group has simultaneously promoted the establishment of a number of funds, including major project funds, key industrial mother funds (such as those for aerospace and biomedicine), industrial chain strengthening M&A funds and sci-tech talent mother funds, building a fund cluster covering the whole life cycle of enterprise development, including sci-tech innovation investment, industrial investment and M&A investment.

In terms of helping improve Nanjing's financial service level, Nanjing Innovation Investment Group has focused on Nanjing's goal of serving as an important position to support Jiangsu Province in building new productive forces for development. It has given full play to the important driving role of the state-owned venture capital platform and contributed to the construction of Nanjing's "Sci-Tech Financial Reform Pilot Zone". Nanjing Innovation Investment Group has joined hands with a number of banks including Bank of Nanjing and Industrial and Commercial Bank of China to resolve the blockages in the previous point-to-point "investment-loan linkage" model, and promoted the "loan upon investment" financial innovation product that combines point and area. This has promoted the in-depth integration of the industrial chain, innovation chain, capital chain and talent chain, and helped Nanjing form a sound ecosystem of high-level circulation among "technology, industry and finance".

In the future, Nanjing Innovation Investment Group will continue to adhere to policy guidance, focus on advantageous industries, further deepen reforms, strengthen core investment capabilities, and accelerate its development into a first-class state-owned innovative investment group in China.