Shanghai Superconductor Selected as a Typical Case of Patient Capital Investment in “2024 CCTV-2 Financial Powerhouse Annual Ceremony”

2024-12-16

Recently, the “2024 CCTV-2 Financial Powerhouse Annual Ceremony” was held in Beijing. Themed around “Financial Empowerment for High-Quality Development”, the event focused on the financial “Five Major Articles”(five key areas prioritized for development and innovation in the financial sector), the strengthening of patient capital, deepening financial system reform, and high-level financial openness, revealing 15 “Financial Empowerment Annual Cases”. Among them, Shanghai Science and Technology Venture Capital(Group) Co., Ltd. (hereinafter referred to as “Shanghai STVC Group”) was successfully selected as the “Patient Capital” case of the year for its investment in companies such as Shanghai Superconductor.


Zhu Min, Deputy Secretary of the Party Committee and President of Shanghai STVC Group, expressed candidly that someone must take on the task of laying a solid foundation for scientific and technological innovation in advance, and that there is a reward for every effort.

Adhering to the values of “investing early, small, long-term, and in key&core technology”, Shanghai STVC Group provided key financial support to Shanghai Superconductor as early as 2014, helping the company through the difficult early stages and ultimately achieving technological breakthroughs and market expansion. Currently, Shanghai Superconductor holds over 80% of the domestic market share and is the core supplier and exclusive provider for several “world’s first” superconducting application projects, with annual production and sales exceeding a thousand kilometers, covering multiple cutting-edge application fields such as controlled nuclear fusion, superconducting power, and high-field magnets.




The award not only affirms Shanghai STVC Group’s investment strategy and contribution to promoting national scientific and technological innovation as well as industrial upgrading, but also recognizes the development, superconducting products, promotion and application of Shanghai Superconductor. Looking forward, Shanghai Superconductor will continue to focus on the R&D of superconducting materials, striving to become a global leader in the superconducting field, and contributing to the innovation of new materials and industrial upgrading.