Asset Manager

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Hangzhou Jintou Fuyang Industrial Investment

Hangzhou Jintou Fuyang Industrial Investment operates as a government-guided industrial investment platform anchored in Fuyang District, Hangzhou.

Hangzhou Jintou Fuyang Industrial Investment

Hangzhou Jintou Fuyang Industrial Investment operates as a government-guided industrial investment platform anchored in Fuyang District, Hangzhou. The firm is jointly capitalized by Hangzhou Finance and Investment Group Co., Ltd. (HFIG) and Hangzhou Fuyang Investment Development Co., Ltd., the latter representing the Fuyang District State-owned Assets Supervision and Administration Commission (SASAC). Chairman Shen Zhen leads the entity, with Director He Junjie — also an executive at Fuchunwan New Town Construction Investment Group — providing operational linkage to the district's urban development apparatus. The firm's strategy concentrates on growth-stage industrial investments aligned with the Fuchunwan New Town master plan in Fuyang District. Mandate documents indicate a focus on deploying capital into advanced manufacturing and technology enterprises that locate or expand within the development zone. Known portfolio exposure includes Fuchunwan New Town Industrial Projects, and the firm participates as a regional component investor in the broader Hangzhou Information Industry Investment Fund. Direct co-investments and SPV structures are the primary deployment mechanisms, reflecting the municipal government's preference for targeted economic development instruments over blind-pool funds. The platform draws its capital and authority from its dual sponsorship. Hangzhou Jintou Industrial Fund Management Co., Ltd., a 50 percent shareholder under HFIG, serves as the fund manager. The other 50 percent shareholder, Hangzhou Fuyang Investment Development, ties the firm's investment committee directly to district-level fiscal priorities. While headcount and total deployment figures remain undisclosed in public record, the firm's structure suggests it functions as a dedicated co-investment and project-finance conduit rather than a diversified third-party manager. The firm's structural differentiator lies in its embedded governance model. Unlike a typical market-rate LP/GP relationship, this platform fuses balance-sheet provisioning from the HFIG group with land-use and industrial-policy authority from Fuyang District SASAC. The presence of He Junjie on the board bridges investment decisions with the physical infrastructure authority that controls site allocation, permitting, and utility access in Fuchunwan New Town — a tight coupling of financial and operational control uncommon even among Chinese government guidance funds.

General information

Firm type

Generalist

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

China

City

Hangzhou

Corporate office

Hangzhou, Zhejiang, China

Principals

Shen Zhen

Legal Representative and Chairman

He Junjie

Director

Sector focus

Industrial TechGrowth

Frequently asked questions

Who controls Hangzhou Jintou Fuyang Industrial Investment's investment decisions?

Investment authority sits with the firm's board under Chairman Shen Zhen. The entity is jointly capitalized and governed by Hangzhou Finance and Investment Group (HFIG) and Hangzhou Fuyang Investment Development Co., Ltd., which represents the Fuyang District SASAC. Hangzhou Jintou Industrial Fund Management Co., Ltd. acts as the fund manager under the HFIG umbrella, executing the investment strategy.

How is the firm related to Hangzhou Finance and Investment Group?

HFIG is the ultimate parent company and controlling state-owned enterprise behind the platform. Through its subsidiary, Hangzhou Jintou Industrial Fund Management Co., Ltd., HFIG holds a 50 percent equity stake and provides fund management services to the investment vehicle.

What is the connection between this firm and the Fuyang District government?

The firm is directly tied to Fuyang District through Hangzhou Fuyang Investment Development Co., Ltd., a 50 percent shareholder that reports to the Fuyang District SASAC. Director He Junjie reinforces this link through his concurrent executive role at Fuchunwan New Town Construction Investment Group, aligning investment activity with district-level urban planning.

What does Hangzhou Jintou Fuyang Industrial Investment actually invest in?

The firm targets growth-stage industrial enterprises located in or relocating to the Fuchunwan New Town development zone in Fuyang District. Its known portfolio includes Fuchunwan New Town Industrial Projects and participation in the Hangzhou Information Industry Investment Fund, indicating a dual focus on physical industrial assets and technology-aligned regional mandates.

Does the firm accept outside capital or is it purely government-funded?

Based on its ownership structure, the entity is capitalized entirely by its two government shareholders — HFIG and Fuyang District SASAC. There is no public record of the firm raising third-party limited partner capital, which is consistent with its function as a municipal policy-driven industrial investment platform.

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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