ZGC Development Group Co-establishes New Zhongguancun Strategic Fund of 10 Billion Yuan
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2025-04-21
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On March 30, the Hard Technology Investment and Development Forum was successfully held at the Annual Meeting of the 2025 Zhongguancun Forum. More than 200 investors, hard-technology entrepreneurs, government leaders, experts and scholars from the world discussed the cutting-edge technology trends, investment opportunities in the hard-technology area, and explored the innovation ecology from an international perspective.
At the forum, the New Zhongguancun Strategic Fund of 10 billion yuan was released. The fund is jointly planned and established by ZGC Development Group, New China Life Insurance Co., LTD., ICBC Financial Assets Investment Co., Ltd. and other interested units.
The fund, focusing on emerging strategic industries, will provide financial support for the accelerated development of a number of high-quality hard-technology enterprises to boost new quality productivity.
ZGC Development Group signed contracts with 9 representatives of sci-tech achievements transformation projects from universities and institutes, with a total value of nearly 250 million yuan.
Meanwhile, Zhongguancun Capital, under the ZGC Development Group, was selected into the list of "2025 TOP 20 Hard Technology Investment Institutions in Zhongguancun”.
The list, released by the China Technology Entrepreneurship Association, intends to show Zhongguancun's sci-tech investment ecology, establish a benchmark for hard technology investment, stimulate innovation momentum, and encourage patient capital that "invest early in small hard-technology projects for a long term ".