The "4+N" Industrial Fund Cluster is an innovative financial investment model designed to support economic development in specific regions or industries by integrating diverse resources and funding channels.

We have established a sub-fund ecosystem driven by both government-guided funds and market-oriented funds of funds, promoting synergistic development across all business segments. This ensures a continuous pipeline of targets for direct investments and secondary fund share investments, while providing resource support to accelerate the layout of strategic industries.

Our investment focus centers on cutting-edge hard technology sectors, prioritizing high-quality projects in biopharmaceuticals, advanced manufacturing, artificial intelligence, integrated circuits, and information technology. We actively support the rapid development of technology enterprises while sharing in their growth benefits and enhancing our industry influence.

Using secondary fund share investments as a profit growth driver to optimize the investment portfolio, enhance short-to-medium-term returns, and accelerate cash flow recovery. Currently, the main S fund operations include a dedicated biopharmaceutical S fund and a dedicated integrated circuit S fund.

The specialized business funds cover mergers and acquisitions (M&A), private investments in public equity (PIPE), mixed-ownership reform, and special situation investments, with total assets under management reaching RMB 7 billion.