By Zhu Wenjun

On 20th September, 2023 Nantong Investment Summit was held. Close to 500 guests, including representatives from domestic investment institutions, financial institutions, some Nantong listed companies, private companies and fund investment companies participated.

At the opening ceremony, Nantong government and Shanghai Pengxin Group signed the strategic cooperation agreement of Nantong Financial Town. 29 innovative industrial projects of fund investment, talent-based scientific and technological innovation projects and fund capital attraction projects were signed, and the Nantong full life cycle fund cluster was published. Up to now, Nantong has built a fund system led by two major master funds which are industrial investment fund and innovative development fund, with 34 secondary funds as the main body. The total amount is more than 65 billion yuan. It covers complete fund business operation formats such as angel investments, VC, PE, mergers and acquisitions.

4 sub-forums were held at the summit, which focused on major fields including small and medium enterprises’ development, the new energy industry, the biomedical industry, and the development of Nantong Financial Town.