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Hongda Capital
Hongda Capital is an IoT finance company that offers a mobile app for investment consulting and products. It has made one investment to date.
Overview
Hongda Capital is an IoT finance company that offers a mobile app for investment consulting and products. It has made one investment to date. In August 2019, Hongda Capital invested in CN Maker as part of a Seed VC round.
General information
Firm type
Generalist
Location
Region
Asia
Country
China
City
Shanghai
Corporate office
Shanghai, China
Principals
Liu Canglong
Founder and Chairman
Sector focus
Frequently asked questions
What is the status of the Tanzania mining and energy projects?
Hongda Group secured a joint-venture agreement with the Tanzania National Development Corporation to develop the Liganga iron ore mine, the Mchuchuma coal mine, and an associated 600MW thermal power plant. The projects have faced multi-year delays and regulatory renegotiations, and their current operational status is unclear (per Reuters, 2019).
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