The second batch of industrial special funds for the Jiangsu Strategic Emerging Industries Master Fund has been officially unveiled, comprising a total of 22 funds with a collective scale of 40.8 billion yuan. Notably, Changzhou City has secured two of these funds, amounting to a total of 3.5 billion yuan. These include the Jiangsu Changzhou High-end Functional Materials Special Master Fund and the Changzhou Future Industry Angel Fund. These funds will be meticulously invested in strategic emerging industries and future industries, such as new energy and new materials, through sub-funds. Changzhou boasts over 2,400 enterprises in its new material industrial cluster, with an industrial scale exceeding 130 billion yuan. The Jiangsu Strategic Emerging Industries Master Fund is designed to provide robust support for the growth of emerging and future industries by harnessing long-term returns.