Founded in May 2018 with a registered capital of 15 billion yuan, Nanjing Innovation Investment Group is a professional venture capital platform owned by the Nanjing municipal government. 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 1,800, among which 90 enterprises have been listed. 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.