The Optics Valley Life and Health Investment and Financing Convention is held on March 7 in OVC, Wuhan, Central China's Hubei province. [Photo/WeChat account of Optics Valley of China]

On March 7, the Optics Valley Life and Health Investment and Financing Convention was held in the East Lake High-tech Development Zone (also known as Optics Valley of China, or OVC), providing a platform for investment institutions and companies with financing needs to interact and communicate.

More than 110 professional equity investment institutions participated in the convention, with over 30 institutions from places outside Wuhan and a total fund size of approximately 30 billion yuan ($4.18 billion).

Thirteen companies with financing needs participated in the event's roadshow. 10 investment institutions signed equity investment agreements with five projects, with a total contract amount of approximately 300 million yuan.

Industries develop through technology and thrive through finance. During the event, Optics Valley of China issued an invitation to the broader investor community: invest in strategic regions and strategic emerging industries.

At the convention, the Optics Valley Life and Health Industrial Fund was inaugurated. This fund aims to establish a cluster of life and health industry funding with a total scale of 10 billion yuan within three years.

The Shenzhen Stock Exchange live-streamed the event's roadshow, helping outstanding OVC enterprises showcase their strengths.

After 15 years of development, the valley's life and health industry has established a complete industrial development system, and it has constructed an industrial ecosystem in specific sectors, such as biopharmaceuticals, medical devices, and bio-agriculture.