The listing journeys of CXMT and Unitree Technology, two cutting-edge technology firms, are gaining momentum, capturing substantial market interest. According to data, numerous insurance capital entities have acquired stakes in these enterprises: Harmony Health Insurance and Sunshine Life Insurance, among other institutions, have made direct investments in CXMT, while China Pacific Insurance and AIA Life Insurance have opted for indirect investments in Unitree Technology. Insurance funds are emerging as the 'patient capital' that propels the growth trajectory of these two companies. Ge Yuxiang, the Chief Non-Bank Financial Analyst at Zhongtai Securities, highlighted that owing to their long-term orientation and stable funding sources, insurance funds possess inherent strengths in investing in 'small-scale, early-stage, and technology-driven' startups, empowering them to act as enduring and patient capital providers.