--- title: "Central and local \"patient capital\" heavily invests in Hubei, having already invested in CATL, Cambricon, SmartSens, and other well-known enterprises" type: "News" locale: "en" url: "https://longbridge.com/en/news/258160142.md" description: "At the 10th Central Enterprise Investment Development Conference held in Wuhan, the total scale of contracts signed for central-local cooperation funds and projects exceeded 40 billion yuan, covering fields such as new energy and healthcare. Key investment projects include well-known companies like CATL, Cambricon, and SmartSens. The signed funds include several AIC funds with a scale of 10 billion yuan, demonstrating the confidence of central financial institutions in industrial investment in Hubei" datetime: "2025-09-20T00:39:03.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/258160142.md) - [en](https://longbridge.com/en/news/258160142.md) - [zh-HK](https://longbridge.com/zh-HK/news/258160142.md) --- # Central and local "patient capital" heavily invests in Hubei, having already invested in CATL, Cambricon, SmartSens, and other well-known enterprises On September 19th, the 10th Central Enterprise Investment Development Conference was held in Wuhan. This event was jointly hosted by the Central Enterprise Investment Association and the Yangtze Industry Group, with over 500 guests from central enterprises, local governments, local state-owned enterprises, and investment institutions attending to discuss cooperation opportunities between central and local entities. At the conference, a number of cooperation funds and projects with a total scale exceeding 40 billion yuan were signed, with partners covering multiple central financial institutions and central enterprises. In Hubei, several central-local cooperation investment funds have already achieved fruitful results. For example, the Yangtze-CMB Fund, with a total scale of 10 billion yuan, focuses on investment layouts in industries such as new energy and healthcare, with representative investment projects including leading companies in the power battery and energy storage fields, CATL, the "first stock" in the artificial intelligence chip design field, Cambricon, and leading companies in the CMOS image sensor field, SmartSens. It is reported that the signed funds include the ICBC AIC Fund with a total scale of 10 billion yuan, the ABC AIC Fund with a total scale of 10 billion yuan, the BOC AIC Fund with a total scale of 10 billion yuan, the JianYuan AIC Fund with a total scale of 10 billion yuan, the Yangtze Galaxy Future Industry Fund with a total scale of 5 billion yuan, and the Zhaoying Automotive Fund with a total scale of 1 billion yuan. The AIC funds are characterized by large amounts, long cycles, and high risk tolerance, making them typical "patient capital." This concentrated signing demonstrates the confidence of central financial institutions in investing in Hubei's industries ### Related Stocks - [300750.CN](https://longbridge.com/en/quote/300750.CN.md) - [688213.CN](https://longbridge.com/en/quote/688213.CN.md) - [688256.CN](https://longbridge.com/en/quote/688256.CN.md) ## Related News & Research - [Grenergy signs CATL deal for 1.5 GWh battery supply for Spain projects](https://longbridge.com/en/news/287182055.md) - [Key facts: Reliance-CATL talks on batteries; ₹131.58cr LOI Jamnagar G+12](https://longbridge.com/en/news/286842723.md) - [Mabwell Wins Wider China Indications for Denosumab Biosimilar as Global Push Accelerates](https://longbridge.com/en/news/287103520.md) - [EVN Macedonia puts BESS of 10 MW into operation at its solar park](https://longbridge.com/en/news/286582695.md) - [Trump signs order aimed at preventing illicit financial activity, White House says](https://longbridge.com/en/news/286970478.md)