# Beijing Ultrapower Software

Beijing Ultrapower Software is a Corporate Investor based in Beijing, China.

## Overview

- **Organization type:** Corporate Investor
- **Headquarters:** Beijing, China
- **Region:** Asia
- **Address:** Beijing, China
- **Founded:** 2001
- **Assets under management:** Undisclosed
- **Website:** ultrapower.com.cn
- **LinkedIn:** https://www.linkedin.com/company/beijing-ultrapower-software-co-ltd

## Regulatory record

- **Reports private funds:** No

## About

Beijing Ultrapower Software is a corporate investor based in Beijing, China. It manages approximately $1.1 billion in assets across two funds, with a regional focus on Asia.

## Sectors

- Enterprise Software
- Telecom Infrastructure
- FinTech
- AI/ML

## People

- Wang Ning — Co-founder and former Chairman
- Li Li — Founder and Vice Chairman
- Dawei Mao — Chairman and CEO
- Zhang Kaiyan — Board Secretary and Chief Brand Officer

## Questions

### What is the source of the wealth behind Beijing Ultrapower Software?

The wealth originates from Ultrapower's 2009 initial public offering on the Shenzhen Stock Exchange, which made co-founder and then-Chairman Wang Ning a billionaire. The company's core business provides IT operations management software to China's three state-owned telecom carriers — China Mobile, China Unicom, and China Telecom — generating the cash flows that support its corporate investment activity.

### What sectors does Beijing Ultrapower Software invest in?

The firm concentrates on enterprise software, telecom infrastructure technologies, fintech, and artificial intelligence. Its investment thesis extends its existing relationships with China Mobile, China Unicom, and China Telecom into adjacent digital services, including natural language processing and government-facing AI platforms.

### What are Beijing Ultrapower Software's known investment assets aside from its operating business?

Beyond its core software operations, the firm holds short-term investment positions and owns a commercial building — the Beichen Taiyue Building (North Star Ultrapower Building A) in Beijing's Chaoyang District. The composition and size of its strategic investment portfolio have not been publicly broken out.

### How is Beijing Ultrapower Software connected to China's telecom sector?

It is a primary vendor of network management and IT operations software to all three state-owned Chinese telecom operators. These contracts form the backbone of its revenue and its strategic positioning, giving it visibility into carrier infrastructure spending and digital transformation priorities that inform its sector investment choices.

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

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