# Haining China Leather Market Investment

Haining China Leather Market Investment is an Asset Manager based in Jiaxing, China.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Jiaxing, China
- **Region:** Asia
- **Address:** Jiaxing, Zhejiang, China
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** https://zgpgc.com
- **LinkedIn:** linkedin.com/company/haining-china-leather-market-co-ltd

## Regulatory record

- **Reports private funds:** No

## About

Haining China Leather Market Investment is a Jiaxing, China-based investment company. It oversees approximately $155.02 million in assets across three funds, primarily focusing on the Asia region.

## Sectors

- Real Estate
- Venture (General)

## People

- Haining City Asset Management Company — Founder & Major Shareholder
- Zhu Zhangjin — Historical Key Shareholder, Founder of Kasen International

## Questions

### How is Haining China Leather Market Investment related to the physical leather market?

The firm is the investment vehicle connected to Haining China Leather City, the large wholesale and retail complex in Zhejiang province. It controls the main market property, a fashion-town development, and a Chengdu branch. Rental and commercial income from thousands of leather-goods tenants provides the capital base for its venture investments.

### Who owns Haining China Leather Market Investment?

The firm is majority-anchored by Haining City Asset Management Company, a state-owned municipal entity. Historically, Zhu Zhangjin, founder of leather-products company Kasen International, was a key shareholder. Hongda Hi-Tech Holdings Co., Ltd. is a significant co-investor in the underlying leather-market enterprise.

### What investment stages and sectors does the firm target?

The firm pursues a generalist venture mandate covering seed, start-up, and expansion-stage companies. Public records do not specify sector exclusions, but the strategy is broad rather than thematically constrained. Portfolio-company names are not publicly disclosed.

### What is the connection to Kasen International?

Zhu Zhangjin, the founder of Hong Kong-listed leather-goods manufacturer Kasen International, was historically a key shareholder and business partner in the Haining China Leather Market entity. Kasen is a major industrial player in the same leather ecosystem, making the relationship both financial and strategic.

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

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