Greater Bay Area Venture Capital Guidance Fund Lands in Shenzhen

On December 22, 2025，the Guangdong-Hong Kong-Macao Greater Bay Area Venture Capital Guidance Fund (hereinafter referred to as the GBA Fund) was registered and established in Shenzhen. The fund targets a scale of 50.45 billion yuan with a maximum lifespan of 20 years. Shenzhen Capital Group acts as its fund manager, while Shenzhen Capital Group and China Resources Capital jointly serve as its general partners.

Adhering to the investment philosophy of "investing in early-stage ventures, small enterprises, long-term projects and hard-core technologies", the GBA Fund adopts a dual-driven model of "sub-fund investment plus direct investment". It primarily backs seed-stage and start-up tech enterprises engaged in strategic emerging industries and future industries. The Fund fully supports original and disruptive technological innovation as well as breakthroughs in core key technologies, facilitates the translation of major scientific and technological achievements into tangible productive forces, and advances the country’s pursuit of self-reliance and strength in high-level science and technology.

Moving forward, Shenzhen Capital Group will give full play to its strengths in professional and market-oriented fund operation and management. Rooted in Shenzhen, serving the Greater Bay Area and reaching out nationwide, the Group will guide and attract more social capital, nurture and develop new productive forces tailored to local conditions. It will drive scientific and technological innovation through forward-looking investment, fuel industrial growth via value investment, boost in-depth development of the Greater Bay Area, and contribute venture capital power to the accelerated building of a great nation of science and technology.