# Hangzhou Fengying Industrial Investment

Hangzhou Fengying Industrial Investment is an Asset Manager based in Hangzhou, China.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Hangzhou, China
- **Region:** Asia
- **Address:** Room 1710, No. 118 Qingchun Road, Xiacheng District, Hangzhou, Zhejiang, China
- **Assets under management:** Undisclosed
- **LinkedIn:** linkedin.com/company/hangzhou-industrial-investment-group

## Regulatory record

- **Reports private funds:** No

## About

Hangzhou Fengying Industrial Investment is a China-based investment company. It has invested in two funds. Its regional focus is Asia.

## Sectors

- Venture (General)

## People

- Zheng Jizong — Founder
- Zong Peimin — Chairman of Huarui Investment; co-investor and fund manager

## Questions

### How is Hangzhou Fengying Industrial Investment related to Huarui Investment?

Zong Peimin, who chairs Huarui Investment, functions as a business partner to Fengying's founder Zheng Jizong. Huarui manages the investment vehicles that house Fengying's capital, effectively serving as the external fund manager while Fengying acts as a principal LP. The two entities have appeared together across multiple fund structures, with co-investors Huang Chao and Cen E also recurring in the same LP rosters.

### What investment stages does Hangzhou Fengying Industrial Investment target?

Industry records indicate coverage across seed, early-stage start-up, and expansion/late-stage venture rounds. This full-cycle mandate gives Fengying flexibility to participate in both new company formation and growth-equity placements within China's domestic market.

### Does Hangzhou Fengying Industrial Investment participate in fund commitments or direct deals?

The firm primarily participates through fund commitments, appearing as a limited partner in venture capital vehicles managed by Huarui Investment. There is no public evidence of direct co-investment SPVs or standalone direct deals led by Fengying itself.

## Related profiles

- [Guangdong Baocheng Investment](https://altss.com/profile/guangdong-baocheng-investment)
- [MFW Fialek](https://altss.com/profile/mfw-fialek)

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

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