Private Equity

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Guangxin Fund

Guangxin Fund: Lin Zhilang and Xie Yong run this Guangzhou-based hard-tech PE firm, which backed AI chip designer Cambricon before its STAR Market IPO.

Guangxin Fund logo

Guangxin Fund

Website
gdghg.com

General information

Firm type

Private Equity

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

China

City

Guangzhou

Corporate office

Guangzhou, China

Principals

Lin Zhilang

Partner

Xie Yong

Partner

Sector focus

Enterprise SoftwareAI/MLSemiconductorsIndustrial TechDigital Health

Frequently asked questions

Who runs investment decisions at Guangxin Fund?

Partners Lin Zhilang and Xie Yong lead investment decisions, with deal teams organized around early-stage and growth-stage pipelines in hard technology. Both appear on fund formation filings and board appointments at portfolio companies. No external investment committee members have been publicly identified.

What investment stages does Guangxin Fund typically target?

Guangxin covers seed, start-up, growth, and pre-IPO rounds, though the concentration is heaviest at the early-stage and expansion phases. The firm has held positions through to public listing on the STAR Market and ChiNext, indicating it does not follow a rigid exit-timing mandate.

Which sectors does Guangxin Fund explicitly avoid?

No formal exclusion list has been published, but the firm's portfolio pattern shows negligible allocation to consumer internet, real estate, or fossil-fuel infrastructure. The consistent focus has been semiconductors, enterprise software, AI, and industrial automation.

Does Guangxin Fund participate in fund commitments or only direct deals?

The firm's primary model is direct equity investment; available records do not show a fund-of-funds program or LP commitments to external managers. Deal structuring typically involves onshore RMB-denominated vehicles aligned with portfolio companies' anticipated domestic listing paths.

How does Guangxin Fund source proprietary deal flow?

Guangxin draws heavily on relationships within the Guangdong provincial technology ecosystem, including research universities, incubators, and local government guidance funds. Portfolio company founders regularly introduce upstream component suppliers and downstream enterprise customers, creating a sourcing loop inside the Greater Bay Area hard-tech cluster.

Profile maintained by 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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