# Jilin Province Investment Group

Jilin Province Investment Group is a Government / Public Body based in Changchun, China.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Changchun, China
- **Region:** Asia
- **Address:** No. 2559 Weishan Road, High-tech Industrial Development Zone, Changchun, Jilin, China
- **Assets under management:** Undisclosed
- **Website:** https://www.jlkjtz.com

## Regulatory record

- **Reports private funds:** No

## About

Jilin Province Investment Group is a government agency based in Changchun, China. It manages approximately $3.6 billion in assets across six funds, primarily focused on Asia.

## Sectors

- FinTech
- Enterprise Software
- AI/ML
- Industrial Tech

## People

- Liu Hong — Chairman and Legal Representative

## Questions

### Who controls Jilin Province Investment Group?

The Jilin Province Department of Finance holds 73.86% ownership of the group. Liu Hong serves as Chairman and Legal Representative. The group functions as a provincial-level state-owned capital investment and operating company, executing economic development mandates set by the Jilin provincial government.

### What is the Asia Fintech Merger and Acquisition Fund of Funds?

The Asia Fintech Merger and Acquisition Fund of Funds is a co-managed investment vehicle launched by Jilin Province Investment Group and Credit China FinTech Holdings. China Huarong International participates as a co-investor. The fund targets fintech companies across Asia, reflecting a coordinated state-backed strategy to consolidate and scale financial technology assets in the region.

### How does the group's investment activity relate to Jilin Province's economic goals?

The group serves as the primary capital deployment arm for Jilin Province's industrial policy. Its investments in technology funds and direct venture deals aim to modernize the provincial economy, attract innovation enterprises to the High-tech Industrial Development Zone in Changchun, and support the province's transition away from heavy industry toward digital and financial services.

### What investment stages does Jilin Province Investment Group target?

The group's disclosed strategy spans early-stage seed and start-up rounds through to expansion and late-stage growth equity. This full-spectrum venture mandate allows the group to engage with companies from formation through pre-IPO stages, prioritizing technology sectors aligned with provincial development priorities.

## Related profiles

- [Jilin HOROC Group](https://altss.com/profile/jilin-horoc-group)
- [Jim Hannley](https://altss.com/profile/jim-hannley)

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

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