Group Introduction

Background of Establishment

To support Nanjing in building a leading national innovative city, further leverage the driving, leading, and influencing power of state-owned capital, accelerate the construction of a first-class innovation ecosystem, and speed up the cultivation and development of a number of high-tech enterprises, the municipal party committee and government have decided to establish the Nanjing Innovation Investment Group.

The establishment of the Nanjing Innovation Investment Group is an important measure for Nanjing to build a globally influential leading national innovative city. It is an important tool for implementing innovation-driven development, conducive to promoting the effective aggregation of various innovative resources and policies, creating a brand card for Nanjing's innovation investment, and better driving and leading the construction of Nanjing's innovation system and the transformation and upgrading of its industries.

Nanjing Innovation Investment Group was established in May 2018. It was jointly initiated by Nanjing State-owned Assets Supervision and Administration Commission, Zijin Investment Group, Xingong Group, Urban Construction Group and Southeast Group. The registered capital is 15 billion billion yuan. Resources help our city focus on real economy-oriented technological innovation, cultivate innovative industrial clusters with international competitiveness, promote the accumulation of innovative enterprises, and build a national regional technological innovation center.

The group has implemented PDSM investment strategy. After professional operation, the Nanjing municipal government guidance fund and market-oriented fund entrusted to it have set up more than 100 sub-funds in Nanjing, with a total scale of over 200 billion yuan, over 2000 cooperative sub-funds and direct investment in scientific and technological innovation projects, with an investment amount of about 95 billion yuan, of which more than 100 enterprises have been listed. A total of more than 600 Nanjing projects have been invested and introduced into Nanjing projects, with a total investment of about 20 billion yuan; operating the Angel Fund for College Students' Entrepreneurship, it has invested in 2256 major projects with a total subsidy of over 0.43 billion yuan.

Nanjing Venture Capital Group has become the backbone of the ecological development of the venture capital industry. It will continue to adhere to policy guidance, focus on advantageous industries, and at the same time further deepen reforms, strengthen core investment capabilities, and accelerate to become a first-class state-owned innovation investment group in the country.