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Hangzhou Double Dragon Machinery
Founded in 1980 by Wang Genlong, Hangzhou Double Dragon Machinery operates as a privately held industrial group and corporate investor headquartered in Yuhang...
Hangzhou Double Dragon Machinery
Founded in 1980 by Wang Genlong, Hangzhou Double Dragon Machinery operates as a privately held industrial group and corporate investor headquartered in Yuhang District, Hangzhou. The company originated as a metal-processing and machinery manufacturer, and it still runs active production facilities across three sites: a headquarters plant in Hangzhou, an Anhui manufacturing base in Lu'an, and a casting facility in Nanling County. That operational footprint funds its investment activity. The firm's investment posture is that of a strategic corporate investor, not a financial portfolio manager. Its known equity holdings sit in neighboring industrial companies: Anhui Double Dragon Tools Manufacturing and Nanling Jinlong Machinery Manufacturing. Both are natural fits—tooling and precision machining businesses that sit upstream and adjacent to Double Dragon's own smelting, casting, and machinery divisions. The group targets industrial technology and automation-adjacent businesses in China's eastern manufacturing corridor, specifically within Zhejiang and Anhui provinces. Wang Genlong serves as legal representative and Chairman, and the firm maintains active membership in two influential industry associations: the China Plastics Machinery Industry Association, reflecting its plastics-machinery division, and the China Machine Tool & Builders' Association, where it participates in the drilling and boring machine sub-association. These memberships double as sourcing networks, placing the firm inside the industry's standard-setting conversations. The group also holds an intellectual property portfolio tied to its manufacturing operations, based in Hangzhou. The structural differentiator is its role as an operating company that invests rather than a fund vehicle. Unlike a family office that allocates across asset classes, Hangzhou Double Dragon Machinery deploys surplus cash flow from its own factories into equity stakes in supply-chain-adjacent manufacturers. That makes the portfolio a vertical-integration map—each investment deepens the group's control over the tooling and components it needs for its own production lines.
General information
Firm type
Corporate Investor
Year founded
1980
AUM
Undisclosed
Location
Region
Asia
Country
China
City
Hangzhou
Corporate office
No. 8 Haoyun Road, Liangzhu Town, Yuhang District, Hangzhou, Zhejiang, China
Additional offices
Lu'an, Anhui, China · Nanling County, Anhui, China
Principals
Wang Genlong
Founder & Chairman
Sector focus
Frequently asked questions
Who controls investment decisions at Hangzhou Double Dragon Machinery?
Founder and Chairman Wang Genlong is the legal representative of the entity and appears to exercise sole investment control. The firm discloses no separate investment committee or external CIO, consistent with a closely held Chinese industrial group where the founder's office makes both operational and equity-allocation decisions.
How does the firm source its investment targets?
Targets appear to come from the firm's own supply-chain relationships and industry-association networks. Membership in the China Machine Tool & Builders' Association and the China Plastics Machinery Industry Association provides visibility into privately held precision-manufacturing and tooling businesses in Zhejiang and Anhui provinces—exactly the profile of its known equity holdings.
Is Hangzhou Double Dragon Machinery a family office or an operating company that invests?
It is an operating company that invests—not a family office in the allocator sense. The group still runs active manufacturing plants generating its own revenue. Its equity stakes are strategic, placed in upstream and adjacent industrial businesses rather than in a diversified financial portfolio.
What investment stages or structures does the firm use?
The firm appears to take direct equity stakes in already-operating private companies tied to its supply chain, not venture-stage or fund commitments. Known holdings are in mature manufacturing businesses in Anhui province, suggesting control or significant minority positions negotiated bilaterally rather than through a formal fund structure.
Which sectors does Hangzhou Double Dragon Machinery avoid?
There is no evidence of any real estate, consumer, healthcare, or technology-sector investments outside of industrial manufacturing. The firm's entire disclosed portfolio sits inside metal smelting, casting, machinery manufacturing, and plastic-processing equipment—consistent with its operational DNA and trade-association footprint.
Profile maintained by Altss 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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