The Xiamen Free Trade Zone Industry Guidance Fund was included in the ranks of the 2024 Top 30 District Government Guidance Funds in the LP Advisory's "Long-Term Capital List - 2024 Institutional LP Series Rankings".
Additionally, in the CVCRI 2024 China Venture Capital Annual List and Golden Investment Year-end Prize List, the Xiamen FTZ Industry Guidance Fund was included as one of the 2024 China Top 10 Growth Limited Partners.
The double awards reflect the market's full acknowledgment of the Xiamen FTZ Industry Guidance Fund.
Over the past year, the Xiamen FTZ Fund Platform has achieved some sterling results. The FTZ Leading S Fund and the FTZ Leading Listed Company CVC Fund completed registration with the Asset Management Association of China, while the "One Body, Two Wings" Fund launched and was recognized as a national first in an evaluation of innovative measures.
The efforts are aimed at promoting high-quality development by boosting funds aggregation and the continuous empowerment of industries in Xiamen.
Most notably, the Xiamen FTZ approved the addition of six new sub-funds in 2024, with the total approved investment topping 500 million yuan ($ 68.7 million) and total sub-fund sizes exceeding 20 billion yuan.