Beijing Shichuang Scientific and Technological Investment

The ultimate controlling shareholder is the Haidian District State-owned Assets Supervision and Administration Commission (SASAC). Wang Bing serves as the firm's Chairman and Legal Representative. This places the firm squarely under district-level government direction, making it a policy-aligned vehicle for local science and technology development.

The firm owns significant commercial and industrial properties including Zhongguancun No. 1, Cuihu Technology Park, Yongfeng Industrial Base, and Zhongguancun Innovation Park. These assets serve as operating bases for portfolio companies and as anchors for Haidian's technology clusters. The property portfolio provides a physical ecosystem that reinforces the firm's ability to attract and support early-stage ventures.

The firm participates in fund structures that include external co-investors, notably through the Cuihu Original Innovation No. 2 Fund, which was jointly established with the Beijing Municipal SME Guiding Fund and Aerospace Hongtu Information Technology Co., Ltd. This indicates a hybrid model where balance-sheet capital is deployed alongside other state-directed partners rather than relying on private LP fundraising.

Per available records, the firm invests across the full venture spectrum: seed, start-up, and expansion and late-stage. This broad mandate allows it to deploy capital from company formation through growth, consistent with a district-level mandate to build enduring technology enterprises rather than fund single-stage arbitrage.

The firm concentrates on sectors aligned with Haidian District's industrial policy: enterprise software, artificial intelligence and machine learning, industrial technology, and aerospace. This sector mix mirrors the composition of the Zhongguancun innovation cluster, where the firm's major real assets are located.