Hubei Yonglong Property Investment

Founder Li Yong holds a 51% majority stake and serves as the controlling shareholder. Family members Yang Aiping (27%) and Li Bin (22%) hold minority positions and are recorded as frequent co-investors in private equity vehicles. The concentrated three-person shareholding suggests Li Yong has final decision-making authority, though the formal investment committee structure is not publicly documented.

The firm is categorized as an asset manager, though its ownership structure — three family members collectively holding 100% — closely resembles a family investment vehicle. Without a publicly known external LP base, the firm likely manages family capital alongside any third-party mandates it may hold. The hybrid label reflects the blurred line between family office and asset manager common in China's provincial investment landscape.

Jiuyin Investment serves as a strategic business partner, with the two firms linked through multiple fund investments and shared board interests. The partnership likely provides Hubei Yonglong with access to co-investment opportunities and deal sourcing beyond its Wuhan base, functioning as a deal-flow extension rather than a formal merger or subsidiary relationship.

The firm covers the full venture spectrum from seed and start-up through expansion and late-stage rounds, per public records. Its venture strategy is classified as generalist, without a declared sector focus. The real estate side is anchored by the firm's owned headquarters property on Zhangjiawan Street in Wuhan's Hongshan District.

Yes, the Daling Yonglong Hope Primary School is linked to the firm, indicating philanthropy in rural education. Hope Schools are a well-documented charitable program in China, typically funded by private donors. The school's existence suggests the Yonglong group directs a portion of its capital toward community development in Hubei province.

Deal sourcing likely flows through two channels: Li Yong's own network in Hubei's business community and the strategic partnership with Jiuyin Investment, which provides exposure to fund commitments and shared board relationships. The firm does not operate additional offices, so deal flow outside Wuhan almost certainly depends on the Jiuyin relationship and personal networks of the three shareholders.

The specific wealth origin is not publicly disclosed. The firm's name and owned commercial headquarters suggest initial capital was accumulated through property investment in Wuhan. Hubei province experienced rapid real estate development during China's urbanization boom, and many regional investment firms trace their roots to property gains from that period, though no confirming source exists for Yonglong specifically.