The Haimen Jiangong Lake Fund Gathering Zone is unveiled during the event. [Photo/Nantong Daily]

The first leg of Nantong's capital attraction events, which centered around Haimen district in Nantong, kicked off in Shanghai on Feb 27.

During the event, head of the Haimen Technology Talent Development Group introduced the Haimen Jianchuang Mother Fund.

The mother fund, with a total scale of 2 billion yuan ($277.71 million), focuses on investing in emerging industries in Haimen while also supporting traditional industries like modern home textiles, shipbuilding, and marine engineering.

"We are currently selecting the first batch of fund managers," said Zhao Shujing, general manager of Haimen Technology Talent Development Group, welcoming investment institutions to explore opportunities in Haimen and attract more high-quality capital and projects to settle in the district.

Cao Jinhai, director of the Nantong municipal bureau of finance, stated at the event that Nantong will continue to offer the best investment environment, the highest-quality policies, and the most efficient services to people who start businesses or invest in the city.