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Recently, the Huizhi Yangtze River Delta (Shanghai) Private Equity Fund Partnership Enterprise (Limited Partnership) was established, boasting a substantial capital contribution of 5.0515 billion yuan. This initiative was jointly spearheaded by several enterprises, prominently featuring China Life Insurance, which contributed a significant 4 billion yuan to the fund. Under the management of China Life Capital Investment Co., Ltd., the fund is designed to operate for a decade, with a strategic focus on investing in technological innovation enterprises within three key sectors: artificial intelligence, integrated circuits, and biopharmaceuticals. Notably, the investment proportion in the realm of artificial intelligence is mandated to constitute no less than 70% of the paid-in capital contribution, underscoring the fund's commitment to this cutting-edge field.
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