Wuhan Academician Fund Launches Manager Recruitment

Shanghai Securities News China Securities Network News (Reporter Jing Huaiqiao) On March 19, Wuhan Academician Fund launched a manager recruitment, marking a key step for Wuhan City in exploring a new path for transforming scientific and technological achievements through “Academician-led, Fund-enabled, Industry-implemented” initiatives.

According to reports, Jiangcheng Fund initiated the establishment of the Jiangcheng Academician Parent Fund in Wuhan on March 12, with a scale of 1 billion yuan and a 15-year lifespan. The fund will closely align with Wuhan’s “965” modern industrial system and aim to build a globally influential academician economic ecosystem. The fund will operate through a market-oriented model of “government guidance, capital support, and academician traction,” guiding social capital to extend to the front end, with a focus on supporting high-level laboratory results led by academicians and experts to industrialization.

As the flagship fund under the Jiangcheng Fund brand focused on “from 0 to 1” science and technology innovation incubation, the Jiangcheng Academician Parent Fund is positioned as the cornerstone investor for Wuhan’s academician science and technology innovation. It aims to build an investment matrix of “early investment, small-scale investment” to address market gaps, effectively play the role of government guidance funds in nurturing, and empower market funds. It will provide comprehensive capital support covering proof of concept, pilot testing, and industrialization through a combination of “special sub-funds + direct investment,” aiming to create a demonstration effect of “top talent, preferred Jiangcheng,” and develop a nationally influential Jiangcheng science and technology innovation brand.

Ding Zhen, General Manager of Wuhan Financial Holdings Group, stated that establishing the Academician Fund aims to build an integrated ecosystem of “academician wisdom + industrial development + financial capital,” closely combining scientists’ insights into cutting-edge areas with capital resource allocation and industrial integration capabilities. This is a key upgrade in Wuhan Financial Holdings Group’s science and technology innovation investment strategy, serving national strategies and Wuhan’s industrial layout.