Today, Hengxu Capital made a public announcement stating that its fourth flagship fund has successfully reached its first closure, amassing more than 2 billion yuan in capital. The fund is set on an ultimate fundraising goal of 3.5 billion yuan. Continuous backing has been provided by its principal shareholder, SAIC Group. Meanwhile, financial institution limited partners (LPs) like Guotai Junan Securities and Haitong Kaiyuan have opted to reinvest. This endeavor has garnered robust support from numerous local governments within the Yangtze River Delta region. Furthermore, the investment roster has been expanded to include several listed companies and industrial conglomerates. The newly established fund is poised to channel investments into a diverse array of sectors, encompassing artificial intelligence, semiconductors, aerospace, quantum technology, nuclear energy, biomanufacturing, and brain-computer interfaces.