Guangdong Shangfeng Enterprise Management

Huang Zihui serves as the legal representative and executive director, holding decision-making authority over the firm's investment activities. The firm operates through a joint-venture structure, with co-investment partners Shenzhen Capital Group and Guangdong Yueke Financial Group participating in the governance and deal approval process for the Guangdong Hongtu Venture Capital vehicle.

It functions as a corporate investor, not an independent VC firm raising blind-pool funds. Its primary deployment platform is Guangdong Hongtu Venture Capital, a co-managed partnership with Shenzhen Capital Group and Guangdong Yueke Financial Group. This structure embeds Shangfeng within a policy-guided provincial investment ecosystem rather than operating as a standalone GP.

Guangdong Hongtu Venture Capital covers seed, start-up, and expansion-stage deals, spanning early-stage venture through late-stage growth. The stage flexibility reflects the partnership's mandate to support companies across Guangdong's industrial modernization cycle, from factory-floor software pilots to scaled automation providers.

Based on its co-investment partners' mandates and the Guangdong region's industrial base, the firm concentrates on enterprise software, industrial technology, and applied artificial intelligence. These sectors align with the province's push to digitize its manufacturing sector — the largest in China by output — through investments in automation, industrial IoT, and AI-driven production systems.

Deal flow is channeled through its joint-venture partners Shenzhen Capital Group and Guangdong Yueke Financial Group, two of Guangdong's most active guided-capital investors. The firm also maintains relational ties to the Foshan manufacturing community, including through shared leadership networks with Guangdong Dongfang Precision Science & Technology, giving it visibility into industrial-tech opportunities originating from within the region.