Jiangsu Province announced the launch of a provincial strategic emerging industry mother fund with a total scale of 50 billion yuan, and has signed the first batch of industry-specific funds investment agreement with Nanjing Estun Automation Technology Co., Ltd. This is aimed at promoting the development of strategic emerging industries and future industrial layout in the province, creating internationally competitive industrial clusters. The first batch of 14 industry-specific funds have a total scale of 50.6 billion yuan, expected to attract social capital to form a total scale of 161.2 billion yuan of industry-specific funds and industrial sub-funds. Estun Automation, as an innovative manufacturing enterprise, received an investment of 30 million yuan, which will be used to promote the development of the information technology industry and optimize industrial layout. (Securities Times)