# Duncheng Investment

Duncheng Investment is a Private Equity based in Xi'an, China.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Xi'an, China
- **Region:** Asia
- **Address:** Xi'an, Shaanxi, China
- **Founded:** 2017
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

Duncheng Investment is a firm based in Xi'an, China, founded in 2017. It focuses on investment management, asset management, and equity investment. The company has made 5 investments, including a Series A investment in Zillion New Material Technology on July 18, 2024.

## Questions

### What investment stages does Duncheng Investment cover?

Duncheng Investment deploys capital across the full venture and growth lifecycle, from early-stage seed and start-up rounds through expansion, late-stage growth, and pre-IPO financing. This stage-agnostic mandate allows the firm to maintain relationships with portfolio companies over multiple funding cycles.

### Is Duncheng Investment structured as a venture capital firm or a private equity firm?

The firm is classified as a private equity manager with a venture capital mandate, given its involvement in early-stage seed and start-up rounds. Its willingness to also pursue growth and pre-IPO deals means it occupies a hybrid position that blurs the traditional boundary between VC and late-stage PE.

### Who runs Duncheng Investment?

The firm has not publicly identified its founding principals, investment committee members, or key decision-makers. The absence of named leadership in public records is typical for smaller or regionally focused Chinese investment firms that do not actively market to international limited partners.

## Related profiles

- [Dunce Capital](https://altss.com/profile/dunce-capital)
- [Dutch Expansion Capital](https://altss.com/profile/dutch-expansion-capital)

---

Updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/duncheng-investment

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology