On June 29, Xiamen’s State-owned Industrial Investment FOF, with a total scale exceeding 10 billion yuan, was officially established. The fund is led by Xiamen Capital Holdings, and jointly contributed by six major municipal industrial groups, including Seashine Department Store and Xiamen R&B Group. Xiamen Guosheng Development Private Equity Fund Management Co., Ltd. is responsible for its overall management and operation. As the core vehicle of Xiamen’s state-owned capital “2+N” industrial fund system, this FOF is closely aligned with the city’s “3+1” urban transformation and upgrading framework and the development needs of its “4+4+6” modern industrial system. It aims to provide long-term capital support for strategic emerging industries and future-oriented sectors. This FOF will focus on cutting-edge areas such as intelligent manufacturing, future displays, and new materials, directing targeted investments toward leading chain enterprises, hard-tech companies, and major industrial projects.
