Recently, Shanghai Jindongge Private Investment Fund Partnership Enterprise was established, boasting a capital contribution of around 900 million yuan. Its partners encompass prominent entities such as Cigna & CMB Life Insurance Co., Ltd. and Lianan Life Insurance. In recent times, there has been a notable uptick in insurance funds venturing into the private equity investment landscape. Several private equity funds launched in November have seen the active participation of insurance funds.

Industry experts have pointed out that insurance funds are ramping up their involvement in pivotal industrial clusters and industrial chain investments through a variety of diversified models. This emerging trend serves a dual purpose. On one hand, it aids insurance funds in navigating the challenges posed by persistently low interest rates and diversifying their asset allocation avenues. On the other hand, it empowers them to act as "patient capital" — funds that are willing to invest for the long haul without expecting immediate returns. By doing so, insurance funds can achieve a profound integration with various industries and align their investments with national strategic goals.