Industrial funds can be initiated by government departments, investment institutions or large enterprises in the industrial chain, or jointly initiated. The fund mainly adopts market-oriented methods such as equity investment, guides all kinds of social capital to invest in key areas and links of economic and social development, and supports the development of related industries and fields, including the construction of local industrial parks, investment attraction, innovation incubation, technology research, supply chain finance, market and platform development, enterprise merger and acquisition activities and listing. Industrial funds involve various organizations and trading platforms of industrial capital and financial capital. Governments and enterprises generally look for industrial investment institutions/capital operation institutions, such as Haoyang Junhang, to assist in design, organization, coordination and operation.