New strategies for investment discussed at GUi

On the Sept 19, Wu Shichun, one of the founders of Plum ventures, attended a serial event of the Grand Union of Innovation (GUi) Frontier Dialogue, and shared insights into the market's early investment environment, investment psychology, and strategies under the theme of "Setting new table, open new situation".

Plum ventures, established in 2014, is one of the most dynamic early-stage investment firms in China. It sets a mission to empower today's energetic and adaptive entrepreneurs to become great business leaders, managing approximately 10 billion yuan ($1.38 billion) and a direct $100-million in funds. However, challenges in equity investment market arise in 2024, sounding alarms between investors.

The event is the 16th edition of the GUi Frontier Dialogue. [Photo/GUi]

Wu encouraged entrepreneurs to focus on new quality productive forces and to embrace long-term strategies. He suggested that entrepreneurs should focus on the demands of society, highlighting the four factors to achieve fundraising –flexibility, rational evaluation, technology-oriented, and globalization.

Wu makes the lecture. [Photo/GUi]

In Anhui, efforts of investment and fundraising highly align with this ideology. The GUi guiding fund has been built for long-term investment in the small tech industry in the early period. By Sept 2024, over 1,725 tech-oriented startups established the presence GUi, promoting a robust ecosystem for innovation.

Audiences take pictures of the presentation. [Photo/GUi]

Over 6,035 tech companies and innovation service organizations have gathered, with 12 domestic and international innovation centers established and more than 200 funds totaling over 230 billion yuan. A selection of enterprises have thrived with support and service from GUi.