Henan Agriculture Investment Group

The group is wholly owned and controlled by the Henan Provincial State-owned Assets Supervision and Administration Commission (SASAC). As a government body, its mandate is set by provincial policy priorities rather than private shareholders. Chairman Li Ming and President Li Jianguo lead day-to-day operations under SASAC oversight.

Henan Agriculture Investment Group co-established a 10 billion RMB rural economy investment fund with China Minsheng Investment Group, a large private Chinese conglomerate. This partnership combines state policy direction and assets with CMIG's private-sector investment capabilities to deploy capital into Henan's agricultural infrastructure and related ventures.

The group pursues a hybrid model: it directly builds and operates agricultural industrial parks, grain storage, and logistics facilities, while also making direct venture investments at seed, startup, and expansion stages in agritech and food-processing companies. Fund-level participation occurs primarily through the co-established CMIG rural economy vehicle.

Deployment splits between physical infrastructure — industrial parks, grain silos, logistics hubs, and strategic oil and grain reserves — and venture-style equity investments in agricultural technology and food enterprises. The physical assets serve both commercial and food-security purposes, while the venture portfolio targets commercial returns alongside policy alignment.

Most provincial investment platforms allocate to third-party managers or hold passive financial stakes. Henan Agriculture Investment Group actively develops and operates physical assets — it is an owner-operator of industrial parks and grain infrastructure as well as a direct venture investor. This dual posture embeds the group within Henan's agricultural supply chain rather than treating it as an arms-length capital allocator.