# Hebei Province Technology Investment Center

Hebei Province Technology Investment Center is a Government / Public Body based in Shijiazhuang, China.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Shijiazhuang, China
- **Region:** Asia
- **Address:** Shijiazhuang, Hebei, China
- **Assets under management:** Undisclosed
- **LinkedIn:** linkedin.com/company/hebei-information-industry-investment-group

## Regulatory record

- **Reports private funds:** No

## About

Hebei Province Technology Investment Center is a private equity fund of funds manager based in Shijiazhuang, China. It has committed to two funds, primarily focusing on investments in Asia.

## Sectors

- Enterprise Software
- AI/ML
- Industrial Tech
- Energy Transition & Renewables
- Healthcare Services

## Questions

### What is the Hebei Province Technology Investment Center's relationship to the provincial government?

The Center is a direct subordinate institution of the Hebei Provincial Department of Science and Technology, which acts as its founder and supervising body. Its investment mandate and capital deployment plans originate from provincial S&T policy directives rather than private fundraising. Investment decisions therefore reflect Hebei's industrial development priorities, particularly the commercialization of domestic research outcomes.

### How does the Center source its investment pipeline?

Pipeline is sourced through official channels tied to provincial R&D programs, university technology transfer offices in Hebei, and partnerships with state-backed industrial park developers such as China Fortune Land Development. The Center's co-investment with CFLD in the Sanpu Kechuang Gu'an fund specifically targets enterprises situated within CFLD's Gu'an industrial zones, combining policy capital with on-the-ground industrial park deal flow.

### Does the Center invest directly or through external fund managers?

The Center uses a hybrid approach: it makes direct equity investments into provincial technology companies and also anchors fund-level vehicles such as Hebei Science and Technology Venture Capital, co-owned with the Hebei Construction Investment Group. This structure allows the Center to couple balance-sheet investing with a limited-partner role in dedicated venture funds that attract external co-investors.

### What investment stages does the Center target?

Its mandate spans seed, start-up, and growth equity, with a strong tilt toward early-stage ventures emerging from provincial research institutions. The Center is designed to fill the funding gap between government R&D grants and commercial venture capital, making it an active pre-Series A and Series A participant in Hebei-based technology companies.

### Is the Center's capital considered patient or return-sensitive?

The capital is fundamentally patient and policy-aligned because it originates from provincial fiscal allocations, not market-rate limited partner commitments. While investments are expected to be commercially viable, the primary objective is technology commercialization and regional economic development in alignment with Beijing-Tianjin-Hebei integration goals, giving the Center a longer underwrite horizon than typical private venture funds.

### What is the Sanpu Kechuang Gu'an Tech Equity Investment Fund?

The Sanpu Kechuang Gu'an fund was established jointly by the Center and China Fortune Land Development as a dedicated technology equity vehicle. It is structured to leverage CFLD's Gu'an industrial park ecosystem, co-investing in early and growth-stage technology companies located within that innovation zone. The fund represents the Center's most publicized model of pairing provincial government capital with a listed industrial park operator to generate geographically targeted deal flow.

## Related profiles

- [Hebei Province Jicai Industrial Equity Investment Fund](https://altss.com/profile/hebei-province-jicai-industrial-equity-investment-fund)
- [Hebei Shunde Investment Group Asset Management](https://altss.com/profile/hebei-shunde-investment-group-asset-management)

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

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