SDIC’s Scientific and Technological Achievements Transformation Fund is launched, with a scale of 15 billion yuan

The fund is the largest sub-fund of the National Science and Technology Achievements Transformation Guidance Fund with the key support of the Ministry of Science and Technology and the Ministry of Finance. Its subscription amount reaches 3 billion yuan. It is also the largest investment fund of the National Investment Group It is an important measure to give full play to the unique functions of state-owned capital investment companies and support the construction of the Guangdong-Hong Kong-Macao Greater Bay Area as an international science and technology innovation center, as well as the transfer and transformation of scientific and technological achievements in key areas such as the Yangtze River Economic Belt and the Chengdu-Chongqing Economic Circle.

Carry out investment layout around key areas and key industries

The fund will adhere to the principle of "serving the national innovation strategy and focusing on scientific and technological achievements. With the purpose of "transformation", from the perspective of investment direction, the fund follows the four major directions of advanced manufacturing, electronic information, materials and energy, and biomedicine, from various national science and technology plans such as major national science and technology projects, major scientific and technological innovation-2030 projects, and key research and development plans, as well as Among local key scientific research results, select innovation and entrepreneurship projects that have a high level of innovation and market competitiveness, are expected to cultivate emerging industries and promote the transformation and upgrading of traditional industries, and are conducive to ensuring the realization of national strategic goals for investment, focusing on the world's scientific frontiers and breakthroughs. National development bottlenecks restrict and meet the country's major strategic needs, highlight strategic, forward-looking and disruptive nature, help overcome "stuck neck" key core technologies and key components, and cultivate innovative industrial clusters.

Focusing on the strategic goal of building the "third pole" of my country's integrated circuit industry development in the Guangdong-Hong Kong-Macao Greater Bay Area, the fund has invested in Yuexin Semiconductor, Guangzhou Huaxing Optoelectronics, Guohua New Materials, and Core Energy Projects such as Semiconductor, Hengyunchang, Shiju Network, and Zhenzhi Microchip are developing the layout of the entire semiconductor industry chain in the fields of wafer manufacturing, materials and devices, semiconductor equipment, and downstream applications. In the field of biomedicine, the fund has invested in Jiayue Pharmaceutical, a leading domestic platform for the efficient transformation of innovative drugs, and Moon Biotechnology, which has the world's largest corporate strain collection library. It has also invested in areas such as mRNA, cell therapy, major new drug creation, protein and antibody research and development Continue to deepen our efforts to build a biomedical ecosystem.

Build a collaborative ecology of investment in the transformation of scientific and technological achievements

Minister of Science and Technology Wang Zhigang recently stated that to mobilize the enthusiasm and initiative of all types of innovation entities, it is necessary to strengthen the national strategic scientific and technological strength, and build a national innovation capability system based on the new national system for key core technology research; open up science and technology, Connect channels for industry and finance, improve corporate technological innovation policy systems, and accelerate the transformation and application of results.

The implementation of the fund is an important achievement of strengthening strategic cooperation between SDIC and the Ministry of Science and Technology and mobilizing various entities to participate in the transformation of scientific and technological achievements. In July 2018, SDIC and the Ministry of Science and Technology signed a strategic cooperation agreement. With the purpose of promoting the transformation, application and industrialization of scientific and technological achievements, both parties will guide local governments, financial capital and private investment to jointly build a distinctive state-owned scientific and technological innovation investment platform for the purpose of promoting the transformation, application and industrialization of scientific and technological achievements. It provides strong support for the transformation and application demonstration of the results of major national science and technology projects and regional innovation and development.

In recent years, optimizing regional innovation layout and collaborative innovation ecology has become an important part of the coordinated regional development strategy. The construction of the three international science and technology innovation centers in Beijing, Shanghai and the Guangdong-Hong Kong-Macao Greater Bay Area is in progress. Accelerate progress. Previously, SDIC and the Shanghai Municipal Government jointly established the National Science and Technology Major Special Achievements Transformation Fund; SDIC and the Ministry of Science and Technology joined forces with the governments of Beijing, Tianjin and Hebei to establish the SDIC Beijing-Tianjin-Hebei Science and Technology Achievements Transformation Fund to jointly explore market allocations. resources and accelerate the transfer and transformation of major national scientific and technological achievements.

The launch of this fund is also an important layout for SDIC to leverage the unique functions of a state-owned capital investment company and continue to carry out regional scientific and technological innovation strategic cooperation with local governments, realizing the transformation of investment with scientific and technological achievements. Promote the construction of an international science and technology innovation center. In December 2020, SDIC and the Guangdong Provincial People's Government signed a strategic cooperation framework agreement, proposing to establish a scientific and technological achievements transformation fund to strengthen comprehensive cooperation in strategic emerging industries, scientific and technological achievements transformation and other fields, and to support the Guangdong-Hong Kong-Macao Greater Bay Area in creating a global An influential international science and technology innovation center, creating a regional innovation and development growth pole. Guangdong Province has also included the implementation of this fund as a key task in the 2021 "Government Work Report".

SDIC signed a strategic cooperation framework agreement with the Hubei Provincial People's Government, proposing to give full play to the leading and driving role of state-owned capital, expand investment scale, broaden investment fields, and make greater efforts to promote the implementation of cooperation projects Landed. As the result of the strategic cooperation between SDIC Group and the Chengdu Municipal Government, the fund is the first sub-fund completed by the Chengdu Major Industrialization Project Investment Fund to promote Chengdu to improve its innovation source capabilities, strengthen its advanced manufacturing support capabilities, and assist Create a regional technology center.

During the "14th Five-Year Plan" period, SDIC will actively explore effective ways to cultivate and develop strategic emerging industries through equity investment funds, and continue to use fund investment as a link.Attract more social forces, including local governments and financial institutions, to participate in the transformation of scientific and technological achievements and build an industrialized collaborative investment ecosystem.