R&D staff members at Wuhan Dameng Database Co in OVC. [Photo/Optics Valley of China]

Over the past decade, the Donghu Fund founded by the East Lake High-tech Development Zone (also known as Optics Valley of China, or OVC), has collectively incentivized 1,973 high-end personnel and facilitated the public listing of eight local enterprises.

Wuhan Dameng Database Co, a listed company, has benefited from the fund. Since 2019, 27 talents at the company have received over 20 million yuan ($2.79 million) in bonuses from the fund.

Other recipients of the bonus include academicians, experts recognized by Hubei province or the central government, chief scientists, and talents from the 3551 Talent Programs and Wuhan Huanghe Talent Plan working in the fields of electronic information, life and health, high-end equipment, new energy, BeiDou Navigation Satellite Systems, and environmental protection.

There are also talents sponsored by the fund and from non-listed enterprises, which reported rapid growth in net profits, sales revenue, taxes, R&D investment and total assets.