Guangdong's 50 billion strategic emerging industries fund has been established, and it has already invested 40 billion in state-owned enterprises.

Guangdong state-owned assets are accelerating their entry into Naxin Capital, with another major move recently. On December 18th, the Guangdong Provincial Strategic Emerging Industry Investment Guidance Fund Co., Ltd., with a registered capital of 50 billion yuan and fully controlled by the Guangdong Provincial Department of Finance, was officially established in Guangzhou. It is worth noting that just four days later, on December 22nd, the fund made a bold move by investing 4 billion yuan to become a shareholder in the Guangdong-Hong Kong-Macao Greater Bay Area Venture Capital Guidance Fund under the National Entrepreneurship Investment Guidance Fund, completing its first external investment.