Shanghai's Three Leading Industry Funds of Funds Announce Third Batch of 17 Sub-funds
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Author:小编   

On January 26, Shanghai's three leading industry funds of funds announced the selection results for the third batch of sub-funds, with 17 sub-funds selected, including 4 in the integrated circuit sector, 7 in the biomedical sector, and 6 in the artificial intelligence sector. The total scale of this batch of sub-funds reaches RMB 22.89 billion, with the funds of funds planning to invest RMB 4.71 billion, achieving a leverage multiple of 4.86 times. To date, the cumulative investment decision amount of the funds of funds is approximately RMB 41 billion, mobilizing nearly RMB 200 billion in social capital.