The fund has a target scale of RMB 1 billion, is planned to be registered and based in Jiangning District, Nanjing, with a term of 10 years. It will mainly invest in fields including new energy, hydrogen energy, low-carbon energy technology, smart grid systems, new power loads, supporting energy storage systems, and advanced photovoltaic (PV) technology.

In accordance with the requirements specified in the Announcement on the Selection of Management Institutions for Industrial Sub-Funds of Jiangsu Provincial Strategic Emerging Industry Master Fund - Jiangsu Nanjing New Power Industry Special Master Fund (Limited Partnership), after going through processes such as institutional application, preliminary review of materials, due diligence, expert evaluation, and investment decision-making, the proposed sub-funds to be equity-participated in (attached below) are now publicly announced. The public announcement period is 5 working days, from March 12, 2025 to March 18, 2025.

Any entity or individual with objections to the announced results shall submit them in writing during the public announcement period, and list the reasons for the objections and relevant supporting materials. If the objection is submitted in the name of an entity, the official seal of the entity shall be affixed to the objection materials; if submitted in the name of an individual, the individual’s real name, affiliated unit, contact address, and contact information shall be clearly stated, and the individual shall sign the objection materials. To ensure that the handling of objections is objective, fair, impartial, and timely, any anonymous objections or objections submitted beyond the public announcement period will not be accepted.