Mainland "Patient Capital" heavily invests in Hubei, has invested in well-known companies such as CATL, Cambrian, and SITRI.

date
20/09/2025
On September 19, the 10th Central Enterprise Investment and Development Conference was held in Wuhan. The event was co-hosted by the Central Enterprise Investment Association and the Yangtze Industrial Group, with more than 500 guests from central enterprises, local governments, local state-owned enterprises, and investment institutions attending to discuss opportunities for cooperation between central and local governments. During the conference, a number of central-local cooperation funds and projects with a total scale of over 40 billion yuan were signed, involving cooperation with several central financial institutions and central enterprises. In Hubei, several successful central-local cooperation investment funds have already been established, such as the 10 billion yuan Yangtze Zhaoyin Fund, which focuses on investing in industries such as new energy and healthcare, with representative investment projects including leading companies in the field of power batteries and energy storage like CATL, artificial intelligence chip design company Cambricon, and CMOS image sensor leader SITIME. The signed funds also include the 10 billion yuan ICBC AIC Fund, the 10 billion yuan ABC AIC Fund, the 10 billion yuan BOC AIC Fund, the 10 billion yuan CCB AIC Fund, the 5 billion yuan Yangtze Galaxy Future Industry Fund, and the 1 billion yuan Zhaoying Auto Fund. AIC funds have large amounts of capital, long investment cycles, and high risk tolerance, making them typical "patient capital." The concentrated signing of these agreements demonstrates the confidence of central financial institutions in investing in Hubei's industries.