Recently, the "Two Titans of China's Domestic GPU Industry," Moore Threads and MetaX, have made consecutive debuts on the Science and Technology Innovation Board (STAR Market), drawing significant market attention to the investment frenzy in the cutting-edge technology sector. Notably, several insurance funds have made indirect investments in these two companies via private equity channels. Specifically, at least 13 insurance funds are linked to the investment entities associated with MetaX. According to MetaX's IPO prospectus, the Guoshou (Shenzhen) Technology Innovation Private Equity Investment Fund Partnership (Limited Partnership) holds 3.417 million shares, representing a 0.85% stake post-IPO. This private equity fund is a subsidiary of China Life Insurance. Besides China Life Insurance Co., Ltd., four other insurance funds are also indirectly investing through this partnership.