On July 12, seven fund companies in the provincial state-owned assets system, including "Emerging Industry Development Fund, Industrial Transformation and Upgrading Fund, Carbon Neutralization Fund, Industrial Internet Fund, New Infrastructure Construction Fund, Hybrid Ownership Reform Fund, and Strategic Investment Fund," were officially established and held a centralized unveiling ceremony. He Shushan, Vice Governor of the Provincial Government, attended the ceremony and unveiled the fund company. Wang Chunming, Deputy Secretary General of the Provincial Government, leaders of the Provincial Development and Reform Commission, the Provincial Local Financial Supervision Bureau, the Provincial Market Supervision Bureau, and the Anhui Securities Regulatory Bureau, as well as leaders of 18 provincial enterprises participating in the seven funds, attended the opening ceremony. Li Zhong, Party Secretary and Director of the Provincial SASAC, presided over the unveiling ceremony.

       In recent years, the State-owned Assets Supervision and Administration Commission of Anhui Province has vigorously implemented the three-year action of state-owned enterprise reform. As of June this year, the overall completion rate of 129 key reform tasks in the three-year action of state-owned enterprise reform in Anhui Province has reached 99.2%, and significant achievements have been achieved in key areas and key links. The strategic restructuring of Masteel Group and China Baowu Group, and the strategic cooperation between Jiangqi Group and German Volkswagen have become models for the reform of state-owned enterprises in Anhui. The reform of mixed ownership continues to deepen, the layout optimization and structural adjustment of state-owned capital are steadily advancing, investment in scientific and technological innovation continues to increase, and China's distinctive modern enterprise system is further improved. The main operating indicators of provincial enterprises reached the highest level in history last year, with operating revenue exceeding the trillion yuan mark for the first time, In March of this year, the total assets exceeded the 2 trillion yuan mark, continuously consolidating the country's first square, leading the central region, and the comparative advantage of the Yangtze River Delta.

       In order to better serve the construction of Anhui's "three regions and one district" and guide the healthy development of state-owned capital, since the second half of last year, the Provincial SASAC has drafted and formulated the "Work Plan on Promoting the Capitalization and Securitization of State-owned Assets in Provincial Enterprises" based on in-depth study, research, analysis, and expert argumentation, taking the lead in carrying out top-level design and systematic promotion of state-owned asset capitalization and securitization at the provincial level, striving to pass three years of action, Achieve the "Three Hundred Billion" goal. Namely:

       Promote provincial enterprise groups and their subsidiaries to intensify the reform of mixed ownership and foreign joint venture cooperation, with the number of mixed ownership enterprises accounting for over 75%, and introduce social capital of over 100 billion yuan;

       Promote provincial enterprises to hold more than 32 listed companies, achieve an asset securitization rate of more than 55%, and directly finance more than 100 billion yuan through multi-level capital markets through initial public offering financing, additional issuance of shares, asset injection, issuance of bonds, and the use of various financial instruments by listed enterprises;

       Promote relevant provincial enterprises to initiate the establishment of six master funds for the development of emerging industries, industrial transformation and upgrading, carbon neutrality, industrial internet, new infrastructure construction, and mixed ownership reform, as well as a direct investment fund serving major strategies in the province, with a capital scale of over 40 billion yuan, and lead or participate in the establishment of several sub funds to attract social capital of over 60 billion yuan, forming a fund cluster with a total scale of over 100 billion yuan.

       Through the "three hundred billion" market-oriented capital operation, the provincial SASAC will accelerate the creation of several world-class state-owned enterprises, high-quality listed company clusters, and provincial state-owned asset industry fund clusters with global competitiveness; Cultivate a group of 100 billion level enterprises and trillion level industries with deep participation of state-owned capital, incubate a group of innovative enterprises and specialized "small giants" with advanced technology, prominent advantages, and leading industrial upgrading, comprehensively enhance the competitiveness, innovation, control, influence, and risk resistance of the state-owned economy, strengthen, optimize, and expand state-owned enterprises and state-owned capital, and form an Anhui brand of state-owned enterprise reform, Provide important strategic support for building a modern and beautiful Anhui.

       The seven funds are all led and promoted by the provincial SASAC, and initiated and established by relevant provincial enterprises. Among them, six funds for emerging industry development, industrial transformation and upgrading, carbon neutrality, industrial Internet, new infrastructure construction, and mixed ownership reform are the master funds, while the strategic investment fund is a direct investment fund that serves major strategies in the province.

       Emerging Industry Development Fund: The Master Fund has a scale of 10 billion yuan and the Master Sub Fund has a scale of over 30 billion yuan. It focuses on investing in ten major emerging industries in our province, including new generation information technology, artificial intelligence, new materials, new energy and energy conservation and environmental protection, new energy vehicles and intelligent networked vehicles, high-end equipment manufacturing, intelligent home appliances, life and health, green food, and digital creativity, to promote capital investment and the industrialization of research and development results, Promote the development and expansion of emerging industries, and enhance the core competitiveness of leading advantageous industries in our province.

       Industry transformation and upgrading fund: The master fund has a scale of 5 billion yuan, and the master sub fund has a scale of over 10 billion yuan. It focuses on supporting advantageous industries with obvious basic, driving, and strategic characteristics, as well as the key development direction specified in the "14th Five Year Plan" of our province. It promotes the development of new technologies, new industries, new formats, and new models, promotes industrial investment and technological transformation investment, and helps to achieve the upgrading of our province's industrial base and modernization of the industrial chain.

       Carbon neutral fund: The master fund has a scale of 5 billion yuan and the master sub fund has a scale of more than 15 billion yuan. It focuses on investing in green energy represented by photovoltaic, wind power, hydropower, biomass energy, geothermal energy, hydrogen energy, nuclear energy, green environmental protection industries represented by energy storage, comprehensive energy, clean treatment, and recycling industries, and energy technology and carbon technology represented by low carbon, zero carbon, negative carbon, and new energy technologies and new equipment.

        Industrial Internet Fund: The master fund has a scale of 5 billion yuan and the master sub fund has a scale of more than 15 billion yuan. It focuses on projects with good development prospects within the "Industrial Internet Plus" ecological platform, including intelligent manufacturing, industrial platforms, industrial software, industrial supply chain, and industrial application solutions, to promote industry digitization, networking, and intelligence.

       New infrastructure construction fund: The master fund has a scale of 5 billion yuan and the master sub fund has a scale of more than 10 billion yuan, focusing on information infrastructure construction projects represented by 5G, artificial intelligence, cloud computing, blockchain, and the Internet of Things; Integrated infrastructure construction projects represented by smart transportation, smart logistics, and smart integrated energy networks; Innovative infrastructure construction projects represented by major technological and industrial technological innovations.

       Mixed ownership reform fund: The master fund has a scale of 5 billion yuan, and the master sub fund has a scale of more than 15 billion yuan. It focuses on investing in the mixed ownership reform and equity diversification reform of state-owned enterprises across the province, including participating in the introduction of strategic investors, initial public offerings, restructuring and integration, reform and restructuring, and external mergers and acquisitions of state-owned enterprises.

        Strategic investment fund: With a total scale of over 5 billion yuan, it is mainly invested in major projects decided and implemented by the provincial party committee and government.

       A professional institution representing Anhui's strength and image, contributing state-owned assets and enterprises to accelerate the building of an influential "three regions and one district", and welcoming the victory of the 20th National Congress of the Communist Party of China with practical actions.