The nation's largest blind pool secondary fund, the Fujian Xinrui Science and Technology Relay Fund, has been successfully launched, according to an announcement from China Life Insurance Company Limited.

With a total size exceeding 4 billion yuan, this fund was established jointly by China Life Insurance Company Limited and related entities in Fujian Province, marking it as the largest fund of its type domestically.

A blind pool fund is characterized by not specifying particular investment projects at the fundraising stage, offering high flexibility and strong integration capabilities, which places greater demands on the active management skills of the fund manager.

As a specialized insurance private equity fund management platform, China Life Jinshi can continuously monitor the secondary market, screen for high-quality assets, and flexibly allocate assets across different stages and sectors to achieve an optimal risk-return profile.

China Life Insurance Company Limited stated that the fund will primarily focus on strategic emerging industries such as next-generation information technology, biomedicine and medical devices, and high-end equipment manufacturing.

By participating in the secondary market for fund interests and facilitating fund restructuring and continuation, it aims to provide long-term, stable capital support for science and technology innovation enterprises, fully embodying its positioning of "relaying capital and sustaining innovation momentum".