Hubei Province establishes a 10 billion yuan humanoid robot industry investment mother fund.

According to the Hubei Provincial Department of Finance, the department supports the establishment of the Hubei Provincial Humanoid Robot Industry Investment Fund led by Changjiang Securities, relying on the provincial government's investment guidance fund. The fund has completed the signing of partnership agreements, business registration, and initial capital contribution. It has become the first participating fund successfully established after the issuance of the "Hubei Provincial Reconstruction of the Government's Guidance Fund System Work Plan." The total size of the fund is 10 billion RMB, planned to be established in two phases. The first phase will have a size of 5 billion RMB, with the provincial government investment guidance fund and Wuhan Industrial Fund each subscribing to 20%, and Changjiang Securities and Hubei Provincial Science and Technology Investment Group each subscribing to 30%. The fund will focus on investing in the core areas of humanoid robots and artificial intelligence, including key enterprises in Hubei Province's humanoid robot chain and strategically important and leading technology enterprises with core technical capabilities in components, brain-machine interfaces, control systems, model algorithms, etc. in the humanoid robot and artificial intelligence-related industries.