Aug. 26 — Shanghai’s municipal post-investment empowerment collaboration
platform for state-owned capital funds began operations. Shanghai plans
state-capital fund scale above 660 billion yuan by end-2025. The platform, led
by the Shanghai SASAC and Shanghai Guotou, will pilot joint “empowerment”
consortia to provide full-chain, closed-loop raise-invest-manage-exit fund
services aimed at supporting sci‑tech company growth. The first consortium
includes Xuhui and Changning districts and 11 SOE and financial members —
Shanghai Guotou, Shanghai International Group, Shanghai Electric, Shanghai
Instrumentation, Shanghai Tunnel Co., Shanghai Pudong Development Bank (SPD
Bank), Bank of Shanghai, Shanghai Rural Commercial Bank, Guotai Haitong, Lingang
Group and Shanghai Inspection Company. The consortia will expand to cover all 16
districts and recruit more professional asset managers, industry players and
park operators.
