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