Jiangsu Fantaishi Trading

It operates as a corporate investor, meaning capital is deployed directly from a parent entity's balance sheet rather than through a blind-pool fund structure with external limited partners. This gives the firm flexibility on check size, holding period, and exit timing. It does not appear to market separate pooled investment vehicles.

The firm covers the full venture lifecycle: early-stage seed and start-up rounds, expansion stage, and late-stage growth equity. This broad remit allows it to enter at a founder's first institutional round and follow on through subsequent raises. No minimum or maximum check size has been publicly stated.

There is no public indication that the firm accepts external capital. It functions as a proprietary balance-sheet vehicle, which means all investment risk and return accrue to the parent entity. Founders negotiating with the firm should treat it as a permanent-capital counterparty rather than a fund with a defined deployment and exit timeline.