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Two industrial funds launched in Pingshan

Updated: 2023-09-27
Source: Shenzhen Daily

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The Pingshan District Industrial Investor Conference is held at Yanzi Lake International Convention and Exhibition Center on Sept. 26. Photos from WeChat account "pingshanfb"

Two industrial funds, with 5 billion yuan each in the first phase, have been launched in Pingshan on Sept. 26 during the Pingshan District Industrial Investor Conference at Yanzi Lake International Convention and Exhibition Center.

One fund for the new energy vehicle (NEV) industry will invest in intelligent connected vehicles and NEV companies, while the other fund for the city’s biomedicine industry will invest in the biomedicine, cell and gene, medical equipment and health industries.

The conference organized a tour to more than 50 companies in Pingshan on Sept. 26 and invited national funds, top financial institutions and leading companies to seek cooperation opportunities in the district, which willencourage technological innovation and fuel the progress of industrial development. Roadshows focusing on the three dominant industries in Pingshan — NEV, biomedicine and new-generation information technology — were also held. Twenty local high-quality industrial projects were introduced to over 100 financial institutions.

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Attendees read information at the Pingshan District Industrial Investor Conference.

Li Fan, co-CEO of Fosun Health Capital, said that Pingshan is a popular venue for innovation and investment. Its favorable business environment, industrial clusters and high-quality projects have strengthened her confidence in investment. Through this conference, her company will enhance its communication and connections with Pingshan, explore more opportunities here and achieve more.

During this event, venture capital institutions visited industrial parks such as the Shenzhen Intelligent-Connected Transportation Testing Platform and the Shenzhen Biomedical Accelerator Phase 2. A local company representative said that they received visits from three top investment institutions in a single day. “The Pingshan District Government is making such efforts to find funding for us, so we must work harder. Pingshan gathers industries and talents here, giving us full confidence in innovation and entrepreneurship.”