Foshan Shunde Rongtu Investment Holdings

The entity is wholly owned by the Foshan Shunde Ronggui Subdistrict Finance and Public Assets Management Office, a local government body. This makes Rongtu an instrument of subdistrict-level state capital, operating under the direction of Ronggui's fiscal and industrial policy mandates.

Rongtu is a strategic joint venture partner with Haier Group, co-owning the Shunde Haier Electric production facility in Guangdong. The partnership extends to various ecological technology entities based in Qingdao, embedding Rongtu within Haier's broader smart manufacturing and industrial ecosystem.

Rongtu employs a dual approach: it directly co-owns industrial assets, such as the Shunde Haier manufacturing plant, and acts as a Limited Partner in venture capital funds. A known fund commitment is to the Hongde Hengshun New Material Venture Capital fund, managed by Guangdong Hongde Investment Management.

The firm's venture strategy covers the full spectrum, from early-stage seed and start-up investments through to expansion and late-stage growth equity. This broad stage coverage aligns with its mandate to support industrial innovation from initial technology development to scaled manufacturing.

This is a venture capital fund focused on new materials and advanced manufacturing, managed by Guangdong Hongde Investment Management. Rongtu is a Limited Partner in this fund, using it as a vehicle to back material-science startups that complement its direct industrial holdings and the region's supply-chain goals.