The establishment of three sub-funds of the National Venture Capital Guidance Fund.

According to the Qi Cha Cha app, on December 22nd, the Beijing-Tianjin-Hebei Entrepreneurial Investment Guidance Fund Partnership Enterprise, the Yangtze River Delta Entrepreneurial Investment Guidance Fund Partnership Enterprise, and the Guangdong-Hong Kong-Macao Greater Bay Area Entrepreneurial Investment Guidance Fund Partnership Enterprise were established with respective contributions of 29.646 billion yuan, 47.1 billion yuan, and 45.05 billion yuan. Their business scope includes using private equity funds to engage in equity investment, investment management, asset management, and other activities. Equity penetration data from Qi Cha Cha shows that the Yangtze River Delta Entrepreneurial Investment Guidance Fund Partnership Enterprise is jointly funded by Anhui Conch Group Co., Ltd., National Entrepreneurial Investment Guidance Fund Co., Ltd., and China Development Investment Group Co., Ltd.; while the Guangdong-Hong Kong-Macao Greater Bay Area Entrepreneurial Investment Guidance Fund Partnership Enterprise is jointly funded by National Entrepreneurial Investment Guidance Fund Co., Ltd., Shenzhen Hongtu Venture Investment Co., Ltd., and China Resources Investment Entrepreneurship Co., Ltd. Earlier, the director of the National Development and Reform Commission, Zheng Zhajie, revealed that the country is pushing for the establishment of a "aircraft carrier-level" national entrepreneurial investment guidance fund, which will guide financial capital to invest early, small, long-term, and in hard technology, attracting and mobilizing nearly 1 trillion yuan of local and social capital.