（来源：CGTN）

转自：CGTN

【耐心资本如何评估长周期项目】长鑫科技上市，充分印证了耐心资本的关键价值。芯片制造项目周期长、投入大，早期财务预测的参考价值有限。上海国投先导私募基金管理有限公司副总经理何苗为您解析，投资者应如何科学评估长周期项目的真正价值。Chip manufacturing companies like CXMT require long development cycles and significant investment, making early financial projections a limited guide, He Miao, deputy general manager of Shanghai SSCI Leading Private Equity Fund Management, tells CGTN. She explains how investors can accurately assess the true value of long-horizon projects.