Recently, two major investment funds led by Dongguan Science and Technology Innovation Group Co., Ltd.—the Dongguan Binhaiwan Artificial Intelligence Industry Venture Capital Fund of Funds Partnership (Limited Partnership) and the Dongguan Industrial Chain Development Fund of Funds Partnership (Limited Partnership)—have officially completed their business registrations. With a combined scale of 6 billion yuan, this dual-fund matrix represents a strategic milestone for Dongguan in accelerating investments in high-potential sectors.
The establishment of these funds underscores Dongguan's commitment to fostering innovation-driven growth, particularly in artificial intelligence and industrial chain development. By pooling substantial capital, the initiative aims to attract leading enterprises, support cutting-edge R&D, and strengthen the city's position in emerging industries. This move is expected to drive economic transformation and enhance Dongguan's competitiveness in China's rapidly evolving tech landscape.
The Binhaiwan Artificial Intelligence Fund of Funds (FoF) boasts a total scale of one billion yuan, with an initial phase of 300 million yuan. It operates under a Dual-General Partner (Dual-GP) model, managed by Dongguan Science and Technology Capital Investment Management Co., Ltd., a wholly-owned subsidiary of the Dongguan Science and Technology Innovation Group. Both the Dongguan Science and Technology Innovation Group and the Dongguan Binhaiwan Industrial Investment Co., Ltd. serve as general partners.
This fund focuses on key areas such as core technology research and development in artificial intelligence, manufacturing empowerment, smart cities, intelligent transportation, and smart healthcare. It aims to enhance the rapid growth of the AI industry and promote synergistic strengths in Dongguan's industrial and technological sectors.
Reporter: Xie Maishi, Liu Wanxin
Photo: Nanfang Plus
Editor: Huang Qini, James Campion, Shen He
