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Bosi Gongchuang
Zheng Weihe's Bosi Gongchuang deploys RMB 5 billion into early-stage hard-tech bets across China's Greater Bay Area, Shanghai, and Beijing.
Bosi Gongchuang
Founded in 2014 by Zheng Weihe, a former senior executive at Huawei Technologies, Bosi Gongchuang emerged from Shenzhen's hardware ecosystem with a mandate to back founders commercializing frontier technologies. The firm's identity is inseparable from its proximity to China's manufacturing supply chains and the state-driven push for technological self-sufficiency. Co-founded alongside partners Li Hao and Xie Zhenyu, the firm positioned itself early as a specialist in early-stage hard-tech — semiconductors, advanced materials, industrial automation — rather than the consumer-internet plays that dominated Chinese venture capital during the same period. Bosi Gongchuang concentrates on pre-Series A and Series A investments in enterprise technology, semiconductors, industrial automation, AI applications, and digital health. The firm operates through direct equity investments, preferring to lead or co-lead rounds where it can secure board observation rights and actively shape go-to-market strategy through its manufacturing and telecom network. Confirmed portfolio companies include Ingentec Corporation, a domestic semiconductor materials producer, and Fourier Intelligence, a rehabilitation robotics company. The firm deploys capital primarily across China's Greater Bay Area, the Yangtze River Delta centered on Shanghai, and Beijing's Zhongguancun technology hub — China's three densest corridors for deep-tech innovation. With approximately RMB 5 billion in total deployments and offices in Shenzhen, Beijing, and Shanghai, Bosi Gongchuang operates as a tight partnership of former operators rather than finance professionals. The firm's three named partners are all engineers by training. In October 2023, Chinese financial data provider Zero2IPO named Bosi Gongchuang among the top 50 early-stage technology investors in China for the fifth consecutive year (per Zero2IPO, 2023). The firm maintains a lean structure without parallel philanthropic vehicles or club-membership ecosystems, reinvesting partner time directly into portfolio-company operating support. Bosi Gongchuang's architecture is distinct in Chinese venture capital: it functions less as a generalized financial allocator and more as a de facto industrialization partner for portfolio companies. Partners draw directly on Huawei's supply-chain and procurement DNA to hardwire portfolio companies into the manufacturing ecosystems of Foxconn, BYD, and other Shenzhen-based industrial anchors. This operational sourcing model — matching founders with factory-floor access and telecom distribution — is the structural difference that defines the firm's returns profile separate from financial-first peers.
General information
Firm type
Asset Manager
Year founded
2014
AUM
Undisclosed
Location
Region
Asia
Country
China
City
Shenzhen
Corporate office
Shenzhen, China
Additional offices
Beijing, China · Shanghai, China
Principals
Zheng Weihe
Founding Partner
Li Hao
Partner
Xie Zhenyu
Partner
Sector focus
Frequently asked questions
How does Bosi Gongchuang source proprietary deal flow?
The firm sources primarily through its partners' deep operational networks built during their tenure at Huawei Technologies and within Shenzhen's manufacturing ecosystem. Bosi Gongchuang leverages factory-floor relationships with industrial anchors like Foxconn and BYD to identify engineers spinning out to found hard-tech startups. This operational sourcing model gives the firm early visibility into companies before they formally fundraise.
Who runs investment decisions at Bosi Gongchuang?
Founding partner Zheng Weihe leads the investment committee alongside partners Li Hao and Xie Zhenyu. All three are former engineers and operators rather than career investors, and the partnership structure means investment decisions are made collectively. The firm has not publicly disclosed any non-partner investment committee members.
What investment stages does Bosi Gongchuang typically target?
Bosi Gongchuang concentrates on pre-Series A and Series A rounds, typically entering as the first institutional capital alongside angel investors or founders' own networks. The firm prefers to lead or co-lead rounds where it can secure board observation rights, and has not historically participated in growth-stage or pre-IPO rounds.
Which sectors does Bosi Gongchuang explicitly avoid?
The firm does not invest in consumer internet, e-commerce, gaming, or content platforms — a deliberate deviation from the model that dominated Chinese venture capital during the 2010s. Bosi Gongchuang's mandate is explicitly hard-tech, and it has no record of participating in sectors requiring rapid user-acquisition spending or network-effect consumer models.
Is Bosi Gongchuang structured as a traditional venture capital firm or does it operate differently?
Bosi Gongchuang is structured as a conventional RMB-denominated venture capital partnership, but functions operationally as an industrialization partner for its portfolio companies. Partners actively match founders with manufacturing supply chains, telecom distribution channels, and procurement relationships — a posture closer to a corporate venture arm than a purely financial allocator. The firm has not launched separate growth funds, sector-specific vehicles, or international entities.
What is Bosi Gongchuang's posture on co-investments alongside external GPs?
Bosi Gongchuang leads or co-leads rounds and has co-invested alongside other Chinese deep-tech specialist funds, though it does not publicly maintain a standing co-investment syndicate. Institutional co-investors appear on a deal-by-deal basis rather than through a formalized club or sidecar vehicle, and the firm has no disclosed relationships with sovereign wealth funds or international limited partners.
How does Bosi Gongchuang's Huawei heritage influence its investment decisions?
Founding partner Zheng Weihe spent over a decade at Huawei Technologies, and the firm's investment posture mirrors Huawei's engineering-led, supply-chain-intensive culture. Bosi Gongchuang systematically evaluates technical barriers to entry and manufacturing scalability rather than using growth-hacking or unit-economic metrics common in consumer-tech venture capital. This heritage also provides portfolio companies with procurement and distribution networks that non-operator VCs cannot replicate.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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