Asset Manager

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Hunan Shengli Investment

Hunan Shengli Investment, backed by the Hunan provincial government, makes direct venture and growth equity bets in Chinese aerospace and industrial...

Hunan Shengli Investment

Hunan Shengli Investment operates as a state-owned investment platform under the ultimate control of the Hunan People's Government, based in Changsha. The firm's investment posture aligns with the province's industrial policy goals, funneling strategic capital into advanced manufacturing, aerospace, and technology enterprises. Executive Director Tian Ming Zhang and Legal Representative Tan Jun oversee the firm's direct investment operations, which function as both a local economic development tool and a return-seeking vehicle. The firm's most prominent known transaction is its investment in Space Tianbing, also known as Tianlong Technology, a commercial launch provider that competes with China's traditional state-owned aerospace contractors. The deal places Hunan Shengli alongside frequent co-investor Hunan Gaoxin Zongheng, another Hunan-based investment entity focused on the province's high-tech ambitions. Beyond aerospace, the firm's mandate covers the full venture lifecycle, from seed-stage start-up rounds through expansion and late-stage growth capital, typically within industrial and hard-tech sectors. Hunan Shengli Investment's scale and total deployment remain opaque, as the firm does not publicly publish performance metrics or capital commitments. Its primary source of funding is the provincial government balance sheet, which positions it as a patient capital provider without the fundraising timelines that constrain independent venture firms. The firm maintains no known English-language web presence, operating entirely within China's domestic investment ecosystem. Structurally, the firm represents a common Chinese model: a provincial government entity that directly anchors industrial policy goals through minority and strategic equity stakes in local champions. Unlike a family office that arbitrages across global markets, Hunan Shengli's investment thesis is bounded by the province's economic development priorities, creating a concentrated, politically aligned portfolio.

General information

Firm type

Generalist

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

China

City

Changsha

Corporate office

Changsha, Hunan, China

Principals

Tan Jun

Legal Representative

Tian Ming Zhang

Executive Director and Board Member

Sector focus

Aerospace & DefenseIndustrial Tech

Frequently asked questions

Who ultimately controls Hunan Shengli Investment?

The Hunan People's Government wholly owns Hunan Shengli Investment, operating it as a direct investment vehicle. Tan Jun serves as the Legal Representative, while Tian Ming Zhang holds the position of Executive Director and Board Member, overseeing the firm's strategic direction and deal execution.

What is Hunan Shengli Investment's most notable portfolio company?

The firm has invested in Space Tianbing (Tianlong Technology), a Chinese commercial rocket developer. Hunan Gaoxin Zongheng, another Hunan-based investment platform, co-invested in the same round, highlighting a pattern of coordinated provincial capital deployment into strategic aerospace assets.

Does Hunan Shengli Investment focus on venture capital or buyouts?

The firm pursues a venture capital strategy, targeting Chinese technology and industrial companies from seed stage through late-stage expansion rounds. Its mandate emphasizes direct equity deployment rather than leveraged buyouts, aligning capital support with the province's industrial development goals.

Is Hunan Shengli Investment a family office?

No. Despite operating with a lean named team, Hunan Shengli Investment is a state-owned asset manager backed by the Hunan provincial government. It does not manage private family wealth and should not be classified alongside single or multi-family offices.

How does Hunan Shengli Investment source its deals?

Given its provincial government ownership and ties to Hunan Gaoxin Zongheng, the firm likely sources through domestic policy networks and relationships within China's state-guided venture ecosystem, rather than competing in open, auction-based processes common among independent GPs.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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