Jiangsu Social Security Science and Technology Innovation Fund has completed industrial and commercial registration with a capital contribution of 50 billion yuan.

Tianyancha business information shows that on November 4th, Jiangsu Social Security Science and Technology Innovation Fund Limited Partnership Enterprise was established, with the executive partner being Suzhou Guofa Entrepreneurship Investment Holding Co., Ltd., ICBC Capital Management Co., Ltd., and Suzhou Industrial Investment Private Equity Fund Management Co., Ltd., with a total investment of 50 billion RMB. The business scope includes equity investment, venture capital, investment activities with its own funds, equity investment, investment management, asset management activities with private equity funds, private equity investment fund management, and venture capital fund management services. The partners information shows that the fund is jointly funded by the National Social Security Fund Council and ICBC Financial Asset Investment Co., Ltd. According to media reports, the fund will focus on supporting high-quality science and technology innovation projects with breakthrough technologies, high growth potential, and the ability to enhance the resilience and safety level of regional industrial chains. In terms of industrial layout, the fund will focus on strategic emerging industries such as artificial intelligence, integrated circuits, biomanufacturing, new energy, high-end equipment, and new materials to help build a modern industrial system.