On December 26, the National Venture Capital Guidance Fund was officially launched. The biggest characteristic of this fund is that it “invests early and small” in the technology sector. Investing in these areas means investing in high risk. Towards the end of the year, the country is driving social capital to “end” together and plan the layout ahead of time. What information is worth noting? 1. Professionals say that the focus of the Guiding Fund is to focus on strategic emerging industries and future industries to support original and disruptive scientific and technological innovation and key core technology research. 2. Compared with other market-based funds, the current focus of guiding funds is not return on investment, but the strategy of serving the country. 3. The National Venture Capital Guidance Fund is to spend money in “more scarce” places. When it comes to innovation, not a single cent of the money that should be spent is less. 4. Guiding funds have institutional innovations in capital investment, lifetime settings, execution procedures, and exit mechanisms. The purpose of these innovations is for the country to invest first, so that social capital is more willing to invest, can be profitable, and more daring to invest. Use 1 cent to attract more money and do bigger and more things. 5. The Guidance Fund will focus on accelerating the development of strategic emerging industrial clusters such as new energy, new materials, aerospace, and low-altitude economy, forward-looking layout of future industries, and promoting quantum technology, biomantry, hydrogen energy and nuclear fusion energy, brain-computer interfaces, physical intelligence, and sixth-generation mobile communications as new economic growth points. 6. National capital is ready to accompany technology-based enterprises on the “long run”, and social capital can truly calm down to incubate disruptive technology.

On December 26, the National Venture Capital Guidance Fund was officially launched. The biggest characteristic of this fund is that it “invests early and small” in the technology sector. Investing in these areas means investing in high risk. Towards the end of the year, the country is driving social capital to “end” together and plan the layout ahead of time. What information is worth noting? 1. Professionals say that the focus of the Guiding Fund is to focus on strategic emerging industries and future industries to support original and disruptive scientific and technological innovation and key core technology research. 2. Compared with other market-based funds, the current focus of guiding funds is not return on investment, but the strategy of serving the country. 3. The National Venture Capital Guidance Fund is to spend money in “more scarce” places. When it comes to innovation, not a single cent of the money that should be spent is less. 4. Guiding funds have institutional innovations in capital investment, lifetime settings, execution procedures, and exit mechanisms. The purpose of these innovations is for the country to invest first, so that social capital is more willing to invest, can be profitable, and more daring to invest. Use 1 cent to attract more money and do bigger and more things. 5. The Guidance Fund will focus on accelerating the development of strategic emerging industrial clusters such as new energy, new materials, aerospace, and low-altitude economy, forward-looking layout of future industries, and promoting quantum technology, biomantry, hydrogen energy and nuclear fusion energy, brain-computer interfaces, physical intelligence, and sixth-generation mobile communications as new economic growth points. 6. National capital is ready to accompany technology-based enterprises on the “long run”, and social capital can truly calm down to incubate disruptive technology.