# Hongmian Capital

Hongmian Capital is a Private Equity based in Shenzhen, China.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Shenzhen, China
- **Region:** Asia
- **Address:** Shenzhen, China
- **Founded:** 2015
- **Assets under management:** $300M – $1B (Altss estimate)
- **Website:** hongmianfund.com

## Regulatory record

- **Reports private funds:** No

## About

Hongmian Capital is a private equity firm based in Shenzhen, China. It focuses on venture capital investments.

## Sectors

- Enterprise Software
- AI/ML
- Industrial Tech
- Healthcare Services
- Mobility & Transportation

## Offices

- Beijing, China

## People

- He Jia — Founding Partner

## Questions

### Who runs investment decisions at Hongmian Capital?

He Jia, the founding partner, leads Hongmian Capital's investment committee. He previously worked at Shenzhen Capital Group, one of China's largest domestic venture platforms, where he gained exposure to government-guided fund structures. Day-to-day sourcing and diligence are conducted by a small team split between Shenzhen and Beijing offices.

### How does Hongmian Capital source deal flow?

Hongmian's pipeline derives from deep integration with Shenzhen and Guangdong's industrial-policy ecosystem — including municipal technology transfer offices, university labs, and state-backed industrial parks. The firm also leverages relationships with local government guidance funds that co-invest in hard-tech sectors. This embedded model produces visibility on startups before they reach international venture radar.

### Which sectors does Hongmian explicitly avoid?

Hongmian's disclosed portfolio avoids consumer internet, content platforms, and speculative crypto or blockchain plays — sectors where Chinese regulatory risk has been highest. The firm also does not appear active in real estate or commodities. Its visible bets cluster tightly around enterprise software, industrial automation, AI/ML, and healthcare services.

## Related profiles

- [Hong Leong Asset Management](https://altss.com/profile/hong-leong-asset-management)
- [Hongo Tsuji Business Consulting](https://altss.com/profile/hongo-tsuji-business-consulting)

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

Canonical page: https://altss.com/profile/hongmian-capital

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