On the afternoon of February 2, 2024, The Duty Director of Ningbo Investment Promotion Bureau held the "Cross-border Company-related Project Matchmaking Session of 'Investing in Ningbo'", inviting many well-known domestic and foreign enterprises and institutions to participate. This matchmaking session was organized by The Duty Director of Ningbo Investment Promotion Bureau to build an effective platform to promote communication and cooperation between multinational companies and Ningbo government, parks, and enterprises, and further enhance the internationalization level and competitiveness of Ningbo City. The purpose is to build a global gathering place for high-quality foreign capital and attract major headquartered companies to invest.
CCUI was invited to attend the meeting. The meeting also brought together leaders from Ningbo city, The Duty Director of Ningbo zone Investment Promotion Bureau, the industry research institute, Keppel Group Brochure, The Ascott, Insite Asset Management Group Limited, TIM Hortons (CHINA) HOLDINGS Co., Ltd., Shanghai Junhe Group Co., Ltd., and other companies, to jointly exchange and discuss information about Ningbo's investment environment, policy support, industrial advantages, and conduct in-depth dialogues on opportunities for cooperation in land-related projects.
Jianhua Wei, the chairman of CCUI, delivered a speech at the meeting, pointing out that the development of the real estate industry and the cooperation of industry funds will become a new outstanding model in the investment field. He said that CCUI, as a comprehensive investment service platform focusing on the combination of industry and finance, will be committed to combining resources and capital through innovative ideas, in order to inject new vitality and impetus into the park. He also introduced the successful cases of CCUI in exploring potential projects and enterprises in emerging fields and cutting-edge technologies and promoting their investment and landing in Ningbo.
In the exchange of views, CCUI shared its insights and inspiration.
New quality productivity, investment institutions can do a lot.
From domestic and international practices, it can be seen that industrial investment is the vanguard and the main force that drive technological innovation, generate new industries, new models and new driving forces. A series of national policies and new regulations not only give the investment industry a huge space for development, but also put forward higher requirements for this industry. As fund managers, we need to constantly improve our own abilities to better fulfill our responsibilities. At the same time, in the face of current uncertainties in development, we urgently need to combine theory with practice, solve problems, and design and optimize the top-level system.
Integration of production and city, helping the high-quality development of the park.
Currently, real estate developers are continuously adjusting their strategies to achieve a balance in development, and the integration of production and investment has become an important means to promote the high-quality development of the park. Park operation has transformed from the mode of relying on 1.0 Land (heavy assets) and 2.0 Services (combination of light and heavy assets) to the mode of 3.0 Equity (light assets), forming a new mode of industrial park development and management in which multiple parties jointly build industrial funds and participate in leading.
Take Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd as an example. Recently, Shanghai International Group Co., Ltd. signed agreements with Shanghai Pudong Venture Investment Co., Ltd., Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd, Shanghai Science Innovation Commission Venture Fund, and others, to launch an early-stage hard technology fund, to build a virtuous cycle "tech-industry-finance" ecosystem. This is the first district-city linked direct investment fund in the Shanghai state-owned system, which focuses on "investing in early stage, small scale and technology", with a target scale of 1 billion CNY.
In October 2022, LVMH's first private equity fund, L Catterton, was established with a target scale of 2 billion. The local government's capital contribution platform and domestic and foreign industry investors are its main shareholders.
In the cooperation of CCUI in the industrial park and science and technology, we will adhere to the participation and acquisition of investment in high-end equipment, new energy, and semiconductor leading enterprises. At the same time, we will highlight the equity cooperation of science and technology investment. We will take industrial operators as the foundation, jointly government guide funds, and build a profit model of rent + service fee + investment income. We will jointly improve the service quality of introduced enterprises and promote high-quality development of industrial construction and operation.
CCUI won the title of top 20 advanced manufacturing industry investment funds selected by 36kr in 2023 with the advantages of capital, resources, and advanced concepts. In the cooperation of industrial park and technology, it focuses on the equity cooperation of high-end equipment, new energy, and semiconductor leading enterprises, and highlights the equity cooperation of technology investment.
Through the exchange and discussion of this meeting, CCUI will actively integrate the resources of all parties, build a community of collaborative innovation, and open up new ways for Ningbo government in attracting investment, revitalizing the stock, and establishing industry funds. We believe that the fire is high when everyone brings firewood. We will explore with all parties a new management mode of "base + fund + industry leader" to enhance the industrial level and cluster effect and aid with the rapid development of the regional economy.
