The Shenzhen Municipal Financial Administration, in collaboration with the Shenzhen Securities Regulatory Bureau, has jointly unveiled the "Action Plan for Leveraging the Capital Market to Build an Industrial Financial Center in Shenzhen (2025-2026)." This plan underscores the importance of cultivating patient capital to bolster the growth of emerging productive forces. It focuses intently on the "20+8" industries, encompassing key sectors like artificial intelligence, new energy, and biomedicine, with the aim of refining policies to incentivize long-term capital investments in early-stage, small, long-term, and hard technology enterprises. Furthermore, the plan promotes the standardization of angel investment, venture capital, and private equity operations, encouraging state-owned capital and government investment funds to embody responsible, long-term, patient, and bold investment strategies. Additionally, the plan directs multi-tiered social financial capital to establish a sustainable performance evaluation framework, incorporating incentive, restraint, and fault tolerance mechanisms.