On May 18, the Ningde State-owned Property Investment Group (NSPI) and Beijing Taikang Investment Management Co., Ltd. (hereinafter referred to as "Taikang Investment") signed a strategic cooperation agreement in Ningde. The two parties jointly established the "Ningde Taikang Jiafeng Fund of Funds" in Ningde, with a fund size of RMB 2 billion. This fund is the first private equity investment fund launched by the Taikang Insurance Group in Fujian Province, and it also marks Ningde City's first successful introduction of leading insurance-affiliated capital. Municipal leaders, including Bao Jiangsu, Taikang Investment CEO Huang Shengxuan, and responsible officials from the Municipal People's Government Office, the State-owned Assets Supervision and Administration Commission, and the Modern Industry Command Headquarters Office, attended the signing ceremony.

Backed by the Taikang Insurance Group, a Fortune Global 500 company, and Taikang Asset Management, Taikang Investment is the private equity management platform under the Taikang Group focused on market-oriented investments. Taikang Investment concentrates on the major health and hard technology sectors, having successfully participated in several high-profile projects such as Meituan, SJ Semiconductor, and MicroTech Medical. In fund of funds investments, Taikang Investment has cumulatively invested in dozens of sub-funds, whose managers include top global institutions such as Goldman Sachs and Sequoia Capital. Over more than a decade since its establishment, Taikang Investment has accumulated 150 market awards, including the 2025 China Top 20 Best Fund of Funds.

The investment focus of the "Ningde Taikang Jiafeng Fund of Funds" aligns closely with Ningde's leading industries, such as new energy, new materials, and major health. Through this fund cooperation, the NSPI will share resources within Taikang Investment's ecosystem, facilitate the implementation of high-quality industrial projects, and help extend, supplement, and strengthen the chains of the leading industries. This cooperation will guide "patient capital," including insurance funds, to continuously focus on and participate in the industrial development of Ningde City, securing long-term and stable capital support for the city's key industry growth.