# Anhui Development and Investment

Anhui Development and Investment is an Asset Manager based in Hefei, China.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Hefei, China
- **Region:** Asia
- **Address:** Hefei, Anhui, China
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

Anhui Development and Investment is a Hefei, China-based investment company. It has invested in five funds. Its regional focus is Asia.

## Sectors

- Industrial Tech
- Real Estate
- Infrastructure
- Enterprise Software
- Healthcare Services
- Energy Transition & Renewables

## People

- Yang Jun — Chairman, Anhui Provincial Investment Group
- Xu Xianlu — Chairman, Anhui High-tech Investment Co., Ltd.

## Questions

### Who ultimately controls Anhui Development and Investment?

The Anhui Provincial Government through its State-owned Assets Supervision and Administration Commission (SASAC) is the ultimate controlling shareholder. This places the group within China's multi-tiered state-capital system, where provincial SASACs manage operating entities distinct from central-government SOEs. Yang Jun serves as chairman of the group and concurrently leads Anhui Conch Cement, the publicly listed industrial flagship.

### Does Anhui Development and Investment invest directly in startups?

Yes, primarily through Anhui High-tech Investment Co., which Xu Xianlu chairs. That subsidiary targets seed through growth-stage companies in technology and advanced manufacturing. The Anhui Industrial Development Fund provides additional direct-investment capacity, offering co-investment and fund-commitment firepower for strategic sectors the province aims to cultivate domestically.

## Related profiles

- [Ningbo Deqi Investment](https://altss.com/profile/ningbo-deqi-investment)
- [Hangzhou Jiayi Investment Management](https://altss.com/profile/hangzhou-jiayi-investment-management)

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Last updated: 2026-06-03T20:00:00.000Z

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