The first phase scale is 1 billion yuan, and Sichuan Province's first oil and gas resource equity investment guidance fund has been established.

Recently, the first equity investment fund for oil and gas resources in Sichuan Province, Sichuan Energy Development Fund, was officially filed with the China Securities Investment Fund Industry Association. The initial size of the fund is 1 billion yuan, and it is managed by Sichuan Chuangxin Private Equity Fund Management Co., Ltd., a subsidiary of Sichuan Energy Development Group. This fund is the first sub-fund under the Sichuan Province Resource Energy Investment Guidance Fund and is also a key component of the Sichuan Province's billion-dollar mother-and-child fund cluster. It is reported that the fund will focus on investing in high-quality projects in oil and gas resource exploration and development and industrial chain in the province, with the initial investment planned for Sichuan Nengtou Tianfu Oil and Gas Exploration and Development Company Limited.