Sichuan's inaugural equity investment fund dedicated to quantum technology, named the Sichuan Revitalization Xingjin Quantum Equity Investment Fund Partnership, has completed registration with the Asset Management Association of China and officially commenced operations. With a total scale of 10 billion yuan, the fund is a joint initiative by Sichuan Industrial Fund and Jinjiang District in Chengdu, the core hub for quantum technology industrial development in Sichuan. Sichuan Innovation Development Investment Management Co., Ltd., a subsidiary of Sichuan Industrial Fund, will act as the fund manager.
In its first month of operation, the Quantum Fund has already executed investments worth hundreds of millions of yuan in leading domestic companies in the photonic quantum computing sector, including Shanghai Turing Intelligence Quantum Technology Co., Ltd. and Shenzhen SpinQ Technology Co., Ltd. The capital will be primarily directed toward the research, development, and mass production of photonic quantum chips, photonic quantum computing systems, and next-generation superconducting quantum computing control and measurement systems.
Following these investments, the Sichuan Quantum Fund will facilitate the establishment of industrial operations by the portfolio companies in Chengdu's Jinjiang District. This move aims to strengthen Sichuan's foundation in quantum computing and enhance the province's quantum technology industrial chain. The fund is expected to inject new momentum into the growth of Sichuan's quantum technology sector.
Moving forward, the Sichuan Quantum Fund plans to expand its investment coverage to include leading enterprises across various quantum computing technological routes. It will also increase investments in high-quality specialized companies within quantum communication and quantum measurement fields, further elevating Sichuan's industrial capacity and overall competitiveness in quantum technology.
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