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Foreign investment increased by 363% on a year-on-year basis; 87 projects with investment amounts exceeding 100 million yuan were attracted. By 2025, Quzhou Smart Manufacturing New City will focus on the “5+X” key industries and, by leveraging the integration of these five industrial chains, make every effort to improve the quality and efficiency of its efforts to attract investment. A total of 103 projects were attracted throughout the year, with an agreed total investment of 99.607 billion yuan; among them, there were 3 projects with an investment of over 10 billion yuan and 87 projects with an investment of over 100 million yuan. The first industrial fund worth 10 billion yuan was successfully established; 30 existing funds are involved, bringing the total value of this fund cluster to 62.8 billion yuan. Efforts were made to bring forward Prudential’s $1 billion foreign-funded service industry project; $334 million in actual foreign investment was attracted, a 363% increase on a year-on-year basis, achieving simultaneous improvements in both the scale of investment attracted and the quality of the projects. Based on the actual development of industries within the park, Zhizao New City conducts systematic research on industrial chains, develops accurate investment attraction maps, revises and improves the \"Investment Attraction Guidelines for Key Industries in Quzhou Zhizao New City\" and the \"Comprehensive Map of Investment Attraction for Quzhou’s Integrated Circuit Industry Chain\", and prepares a report on the current status of the green beverage industry along with future strategies for investment attraction in this sector. Led the development of the city’s first \"Development Plan for the New Display Industry,\" which was successfully approved following expert review. The \"Several Policy Measures (Trial) on Providing Strong Support for the High-Quality Development of the Integrated Circuit Industry\" were introduced to stimulate the vitality of this industry through policy incentives. Throughout the year, 42 integrated circuit industry projects were attracted, with a total agreed investment of 61 billion yuan, which effectively promoted the leapfrog development of the integrated circuit industry in Quzhou City. The Smart Manufacturing New City focuses on chain-based investment attraction to accelerate industrial clustering. The region has innovatively implemented a \"1+7+N\" coordinated investment promotion mechanism, focusing on extending, supplementing, and strengthening industrial chains to foster the clustered and high-end development of these industries. By 2025, 84 new projects in five key industries will be introduced, with an agreed-upon investment amount of 96.863 billion yuan. Successful signing of 3 billion-yuan-scale \"chain leader\" projects with Xinshe, Juleng, and Boding ； Focusing on domestic substitution and addressing critical bottlenecks, a number of projects aimed at strengthening industrial chains have been introduced, such as those involving Ge Yuan New Materials, Wego, and Kangying, in order to fill gaps in areas like aviation equipment and advanced storage solutions ； Focusing on emerging fields such as the low-altitude economy, artificial intelligence, and new display technologies, efforts are made to attract high-quality projects like Leyu and TianShu ZhiXin to settle here ； By focusing on headquarters-based business models, 59 such projects were introduced throughout the year; the headquarters of companies such as Boding, Qixi Moore, Liuma Ruichi, and Hongjing Zhijia were relocated, thereby creating an industrial ecosystem characterized by leadership by key enterprises, aggregation of supporting services, and cluster development. Zhizao New City has also innovated its fund recruitment model by bringing together the \"five leading entities,\" and established a mechanism that ensures synchronization across three stages: project negotiation and fund due diligence, project implementation and fund investment, and project construction and post-investment management. This creates a fund recruitment system that relies on investment to attract further investment, and on attracting investments to facilitate more investments, as well as on using withdrawals to support new investments. By establishing connections with over 50 leading fund companies such as CICC Capital, Longding Investment, Hony Capital, and Zhongcai Rongshang, it has been possible to attract capital investment, thereby facilitating the establishment of a number of high-quality projects such as Xinsheg Semiconductor, Baofengtang, and Kangying Semiconductor. By 2025, the scale of fund investment is expected to reach 6.08 billion yuan, facilitating the accelerated aggregation of high-quality projects. In addition, Smart Manufacturing New City has established specialized service teams around the key stages of project implementation to meet the project’s requirements precisely. Implement regular consultation and on-site supervision mechanisms to promptly resolve project-related obstacles, thereby improving the efficiency of aspects such as fund allocation, land grading, and infrastructure development; by 2025, a total of 140 various issues will have been resolved. Efforts were made to ensure the implementation of relevant policies; throughout the year, 1.05 billion yuan in funds under investment promotion policies were disbursed to 86 enterprises, thereby effectively enhancing their sense of gain and confidence in development. Throughout the year, 37 new projects were launched, 38 new projects were added to the portfolio, and 36 new projects came online; the results of efforts to attract investment are being rapidly transformed into actual productive capacity.