Varanasi Stock：Venture capital day held in Guangming

On the morning of April 8, the sixth stop of the "Shenzhen Venture Capital Day" event opened at the Guangming Cloud Valley International Conference Center in Shenzhen. Over 500 representatives from the government, globally renowned wealth management institutions, top venture capital firms, top LPs (limited partners), well-known investment institutions, and innovative technology companies from home and abroad attended the event.Varanasi Stock

At the event, Guangming District released the list of the first batch of the most investment-worthy enterprises, as the Guangming Science City Venture Capital Alliance was officially launched. In addition, Zero2IPO Group released the first ESG (Environmental, Social Responsibility and Corporate Governance) report and list of Chinese equity investment institutions.Agra Wealth Management

During his speech, Shu Yumin, secretary of the Leading Party Members' Group of the Local Financial Regulatory Bureau of Shenzhen Municipality, said that the "Shenzhen Venture Capital Day" is the first of its kind in China which unites venture capital with technology.Simla Wealth Management

Since its launch last November, the "Shenzhen Venture Capital Day" has been held in five districts and facilitated significant funding of projects, totaling more than 70 billion yuan. The projects cover "20+8" industries including industrial software, biomedicine, and new energy vehicles.

Currently, Guangming District is taking big strides towards building a world-class science city and modernizing the center of northern Shenzhen. The "Shenzhen Venture Capital Day" held in Guangming focused on key areas such as synthetic biology and neuroscience, high-end medical equipment and biomedicine, and intelligent sensors.Lucknow Wealth Management

A series of events including unique roadshows, contract signings, seminars, and release events were held to facilitate the matching of high-quality projects with investment institutions.

"Guangming is a vibrant, dynamic, charming, and innovative district," Cai Ying, Party chief of Guangming District, pointed out in her speechKanpur Stock. It is the youngest administrative district in Shenzhen and the start-up area of the comprehensive national science center in the Greater Bay Area.

This event was hosted by the Local Financial Regulatory Bureau of Shenzhen Municipality, the Science, Technology and Innovation Commission of Shenzhen Municipality, the Industry and Information Technology Bureau of Shenzhen Municipality, the Finance Bureau of Shenzhen Municipality and the Guangming District Government.

Shenzhen is one of the most dynamic and innovative entrepreneurial cities in China, and its development heavily relies on strong support from market-oriented funds. Venture capital institutions serve as one of the main sources of this vital investment.

The venture capital industry in Shenzhen is experiencing a robust and rapid growth. As of the end of last year, the city had registered 22,000 private equity funds, with a total managed asset size of 2.2 trillion yuan, placing it among the top three in the country.

Notably, last year witnessed the addition of over 350 billion yuan in venture capital funds, representing a remarkable 33% year-on-year growth, which is significantly higher than both the national average and major first-tier cities in China.

Jaipur Stock