# Fuyang Fuhe Investment Fund

Fuyang Fuhe Investment Fund is an Asset Manager based in Fuyang, China.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Fuyang, China
- **Region:** Asia
- **Address:** Fuyang, Anhui, China
- **Founded:** 2019
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

Fuyang Fuhe Investment Fund is a China-based investment company with a focus on Asia. It has invested in 1 fund.

## Sectors

- Infrastructure
- Real Estate
- Industrial Tech
- Energy Transition & Renewables

## People

- Wu Yangyang — Chairman and General Manager
- Peng Chunsheng — Chief Economist

## Questions

### Who controls Fuyang Fuhe Investment Fund's investment strategy?

The fund is a 100% subsidiary of Fuyang Nancheng Investment Holding Co., Ltd., which sets its strategic mandate. Chairman and General Manager Wu Yangyang oversees day-to-day investment execution, while Chief Economist Peng Chunsheng provides macroeconomic guidance for allocation decisions. The parent entity's board holds ultimate authority over large-scale deployments and the fund's continued alignment with municipal development goals.

### What is the Fuyang-Hefei Modern Industrial Park, and how does it relate to the fund?

The Fuyang-Hefei Modern Industrial Park is a joint development zone co-built with Hefei Industrial Investment Holding (Group) Co., Ltd. Fuyang Fuhe serves as the primary investment platform for populating the park — funding both the physical infrastructure (factory buildings, municipal roads) and seeding the industrial ventures that operate within the zone. This creates a closed-loop environment where the fund's real assets and venture investments reinforce each other.

### Does Fuyang Fuhe invest outside of Anhui Province?

There is no public record of investments outside Anhui. The fund's known assets — the New Energy Phase II factory, Yingzhou South Road Municipal Project, and Fuyang Fuhe Primary School — are all concentrated in Fuyang. The strategic partnership with Hefei Industrial Investment Holding anchors its focus to the Hefei-Fuyang corridor, a deliberate policy to concentrate capital within northern Anhui's industrial base.

### How does the fund balance infrastructure and venture investments?

The balance is structural rather than portfolio-theoretical: infrastructure assets create the physical ecosystem, while venture investments populate the ecosystem. The Yingzhou South Road project and the New Energy Phase II factory represent hard assets that attract industrial tenants, while the fund's venture-stage industrial technology investments fill those factories. This replicates the integrated development model common to Chinese city-level investment platforms, where the same entity builds both the 'hardware' and 'software' of an industrial zone.

## Related profiles

- [Ningbo Yongyuan Investment Fund](https://altss.com/profile/ningbo-yongyuan-investment-fund)
- [Henan New Development Investment Group](https://altss.com/profile/henan-new-development-investment-group)

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

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