The Guangming District Guidance Fund has once again been recognized as one of the “Top 30 Chinese Government Guidance Funds at the District and County Level” in the recently released Zero2IPO 2025 Limited Partners Rankings, marking its third consecutive year on the prestigious list.
Established in 2017 with a registered capital of 3 billion yuan, the fund has significantly expanded its influence and now manages a portfolio of sub-funds worth over 30 billion yuan. To date, it has established or is in the process of setting up 23 funds, covering the full investment spectrum from seed stage to mature enterprises. Five of its portfolio companies have successfully completed IPO listings, with over a dozen more preparing for public listings.
As the entrusted manager of the Guidance Fund, Guangming Science City Development and Construction Co. Ltd. has strategically aligned its efforts with the district's “3+3+1” industrial blueprint. The group's comprehensive fund system supports the development of Guangming Science City through diverse investment vehicles, including the Bank of China Science and Technology Innovation Mother Fund, an Asset Investment Company (AIC) pilot equity investment fund, municipal co-investment industrial funds, seed funds, and market-driven investment platforms. These initiatives aim to drive the district's ongoing industrial transformation and upgrading.
The group championed the establishment of a 1-billion-yuan AIC pilot equity investment fund dedicated to cultivating new productive forces, prioritizing investments in strategic emerging industries and key sectors endorsed by Guangming District. Several municipal co-investment industrial funds have been launched under the group's guidance, including funds focusing on smart sensors (5 billion yuan), synthetic biology (1.5 billion yuan), and brain science and brain-inspired intelligence (1 billion yuan). The group has also participated in funds targeting bio-pharmaceuticals, advanced materials, and high-end equipment manufacturing to reinforce strategic emerging clusters and foster future industries.
In supporting innovation at its origin, the group initiated Shenzhen's first-ever seed fund for Guangming Science City, emphasizing high-performance materials and bio-pharmaceuticals. This seed fund prioritizes early-stage projects with independent intellectual property and strong innovation capabilities. Additional seed funds are in preparation to expand support for cutting-edge research and development within the district.