Beijing Baihui Capital Investment

Founder Liu Junqiao chairs the broader Baihui group and is the controlling figure. Wang Jianping acts as the legal representative and manager of the Beijing investment entity, while Han Yang — a director of Beijing Baihui — serves as the legal representative of the Lhasa-based fund management company, Lhasa Baiyi Venture Capital Investment Management, which conducts the group's primary private equity activities. The entity is majority-owned (64.5%) by Zhuhai Yuhong Enterprise Management Partnership, a structure that centralizes control with the leadership team.

Beijing Baihui pursues a stage-agnostic venture mandate. It deploys capital at the seed, start-up, and expansion and late-stage levels. The firm also operates a fund-of-funds program, allocating to external venture and private equity managers as a limited partner. This combination of direct investing and GP commitments suggests a strategy aimed at both portfolio diversification and access to high-growth early-stage opportunities.

All known structural and real-asset evidence points to a domestic China focus. The operational entities are domiciled in Beijing and Lhasa, the known property portfolio is concentrated in Beijing's Dongcheng District and CBD, and the firm's professional network memberships — the China Entrepreneur Club and the Green Company Alliance — are China-specific. No offshore vehicles or cross-border investments have been disclosed in public filings.

The two business lines appear operationally distinct but financially integrated at the group level. The venture and fund-of-funds programs run through the asset management entity Lhasa Baiyi, while the property portfolio — including the Yuhe 49 commercial project and CBD office upgrades — represents a direct real-asset allocation. This dual-track structure provides the group with both growth-equity exposure and income-producing hard assets in Beijing's prime submarkets.

Beijing Baihui Capital Investment functions as the capital deployment arm of the broader Baihui group, which is chaired by Liu Junqiao. The Lhasa-based entity — Lhasa Baiyi Venture Capital Investment Management — is the fund manager for the group's private equity operations. This layered structure, with holding entities in Beijing and a fund management vehicle in Lhasa, is common among Chinese investment firms seeking both operational presence in the capital and the regulatory benefits of Lhasa's special economic zone.