ICBC's Liu Jun Attends Launch of Guangdong Strategic Emerging Industries Fund

Deep News
05/25

On May 25, the launch ceremony for the Guangdong Strategic Emerging Industries Investment Guidance Fund was held in Guangzhou. Huang Kunming, Secretary of the Guangdong Provincial Party Committee, and Meng Fanli, Deputy Secretary of the Provincial Party Committee and Governor, attended the ceremony and unveiled the fund. Liu Jun, Deputy Secretary of the Party Committee and President of ICBC, was present and delivered a speech.

ICBC resolutely implements the decisions and arrangements of the Central Committee and the State Council, actively supports technological innovation and the development of new quality productive forces, and strives to excel in the field of technology finance. Concurrently, the bank maintains efficient interaction with the government, continuously improving its service system that integrates "technology, industry, and finance." In Guangdong, as the largest funding bank and a primary partner for the national venture capital guidance fund's Guangdong-Hong Kong-Macao regional parent fund, ICBC has reached in-depth cooperation intentions with the provincial guidance fund in cutting-edge areas such as commercial aerospace, embodied intelligence, and the low-altitude economy, accelerating the progress of project approvals and implementation. ICBC will continue to leverage the amplifying and multiplier effects of finance on the integration of "two new" sectors, contributing greater strength to accelerating the construction of a modern industrial system.

The Guangdong Strategic Emerging Industries Investment Guidance Fund has a total scale of 100 billion yuan, with an initial registered capital of 50 billion yuan, making it Guangdong's first perpetual corporate provincial government investment fund. ICBC actively supported the establishment and operation of this fund, providing comprehensive financial solutions and successfully securing the fund's custody qualification.

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