Yang Dong from the Shaanxi Guiding Fund: State-owned capital funds need to find a balance between maintaining value and appreciation, and investing early and in small amounts.

On August 5, the closed-door meeting on High-Quality Development of State-Owned Enterprises and Government Investment Funds in the 21st Century and the member certification ceremony for the Greater Bay Area Cultural Investment Alliance were held at the Southern Finance Center. Yang Dong, Deputy General Manager of the Shaanxi Provincial Government Investment Guidance Fund, shared local practical experiences regarding the compatibility issue between the requirements for the value preservation and appreciation of state assets and the long cycle and high-risk nature of early-stage investment in science and technology. It is reported that in the next phase, the Shaanxi Provincial Government Investment Guidance Fund will focus on the collaboration between the fund and CVC (Corporate Venture Capital) industrial capital. The collaboration between CVC fund managers with a background in industrial entities and provincial government guidance funds can achieve a win-win outcome for industrial implementation and capital appreciation.