The General Office of the Guangdong Provincial Government has released a notification aimed at deepening the reform of the investment and financing system. The notification calls for the exploration and formulation of policies to encourage private enterprises to engage in the establishment of national, provincial, and municipal R&D and innovation platforms. It also urges the expedited opening of major scientific research infrastructure and large-scale scientific instruments to private enterprises. Furthermore, to foster the high-quality development of venture capital and venture investment in Guangdong, the province will enhance the integration of fundraising, investment, management, and exit processes. A policy-driven master fund system encompassing angel investment, venture investment, mergers and acquisitions, and S funds will be established. This system aims to leverage policy-driven master funds and state-owned capital in guiding follow-on investments from social capital, pilot equity and venture investment share transfers through equity trading centers, and significantly increase investment in seed-stage and startup technology innovation enterprises.