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Jiuli Group
Founded in 1987 by Zhou Zhijiang, Jiuli Group originated as a manufacturer of seamless and welded steel pipes in Huzhou, Zhejiang province. The group's...
Jiuli Group
Founded in 1987 by Zhou Zhijiang, Jiuli Group originated as a manufacturer of seamless and welded steel pipes in Huzhou, Zhejiang province. The group's industrial base remains its publicly listed subsidiary, Zhejiang Jiuli Hi-Tech Metals Co., which supplies specialized tubing for super-critical boilers, oil and gas, and chemical processing. A 10-year strategic cooperation agreement with Sweden's Sandvik, signed to jointly develop super-critical boiler tubes, underscores the technical depth of its core operations. Beyond steel, Jiuli Group deploys capital as a corporate investor, primarily targeting early and growth-stage Chinese technology companies. The family's investment arm frequently co-invests alongside Qianyuan Capital, a relationship visible in deals such as logistics technology firm Tiantian Zhidian and intelligent manufacturing company Liangguan Technology. The group maintains a significant real asset portfolio in Huzhou, including the Jiuli Administration Building on Zhongxing Road, the Josun Garden residential development, and the Zhenxi and Balidian industrial parks. International operations are supported by offices in Shanghai's Hongqiao district and Frankfurt's Messe Turm. Leadership remains concentrated with founder Zhou Zhijiang as Board Chairman, while Zhang Yuxu serves as President and General Manager. Li Zhengzhou chairs the publicly traded subsidiary. The group participates actively in global industry bodies, maintaining memberships in the International Tube Association, the China Forging Association, and the Metal and Stainless Steel Merchant's Association. Philanthropic activity includes the Jiuli Cengxin Vocational Education Talent Training Reward Fund and the Jiuli Scholarship, both focused on education. Jiuli's investment architecture is unusual among Chinese industrial fortunes: rather than siloing its venture activity in a separate family office entity, the group invests directly from the corporate balance sheet, blurring the line between strategic corporate venture capital and pure financial return-seeking. This structure allows the group to offer portfolio companies access to manufacturing partnerships and industrial supply chains, a differentiator that pure financial sponsors cannot easily replicate.
General information
Firm type
Corporate Investor
Year founded
1987
AUM
Undisclosed
Location
Region
Asia
Country
China
City
Huzhou
Corporate office
Huzhou, Zhejiang, China
Additional offices
Shanghai, China · Frankfurt am Main, Germany
Principals
Zhou Zhijiang
Founder and Board Chairman
Zhang Yuxu
President and General Manager
Li Zhengzhou
Chairman of Zhejiang Jiuli Hi-Tech Metals Co., Ltd.
Sector focus
Frequently asked questions
Who makes investment decisions at Jiuli Group?
Investment decisions are directed by founder and Board Chairman Zhou Zhijiang, with President Zhang Yuxu overseeing day-to-day operations. The group does not publicly disclose a dedicated chief investment officer, consistent with its structure as a corporate investor where portfolio decisions flow through senior operating leadership rather than a separate investment committee.
How does Jiuli Group's investment activity relate to its industrial pipe business?
Jiuli invests from the corporate balance sheet rather than through a segregated family office vehicle. This means its venture investments sit alongside the core manufacturing operation under the same group structure. The arrangement gives portfolio companies potential access to Jiuli's industrial supply chain and manufacturing expertise, particularly relevant for investments in intelligent manufacturing and logistics technology.
Does Jiuli Group co-invest with external venture capital firms?
Yes. Jiuli has a frequent co-investment relationship with Qianyuan Capital, a Chinese venture firm. Documented co-investments include logistics technology company Tiantian Zhidian and intelligent manufacturing firm Liangguan Technology. This pattern suggests Jiuli prefers partnering with established VC managers rather than leading rounds independently.
What real assets does Jiuli Group own outside its venture portfolio?
Jiuli holds a substantial real property portfolio concentrated in Huzhou, Zhejiang province. Known holdings include the Jiuli Administration Building on Zhongxing Road, the Josun Garden residential development, and two industrial parks in Zhenxi and Balidian. The group also owns a mixed-use development called Jiuli Hudong Garden.
Where does Jiuli Group's underlying wealth come from?
The fortune originates in industrial manufacturing. Zhou Zhijiang founded the group in 1987 to produce seamless and welded steel pipes. The publicly traded subsidiary Zhejiang Jiuli Hi-Tech Metals Co. supplies specialized tubing to energy, chemical, and industrial end-markets globally, including via a long-standing strategic partnership with Sweden's Sandvik for super-critical boiler applications.
How is Jiuli Group's philanthropic activity structured?
Jiuli operates at least two educational philanthropic vehicles: the Jiuli Cengxin Vocational Education Talent Training Reward Fund and the Jiuli Scholarship. Both focus on education, consistent with founder Zhou Zhijiang's emphasis on vocational training. The group does not publish a consolidated philanthropic giving figure.
What sectors does Jiuli Group target in its venture investments?
Known portfolio companies suggest a focus on logistics technology and intelligent manufacturing. Tiantian Zhidian operates in logistics tech, while Liangguan Technology is an intelligent manufacturing firm. These align with Jiuli's industrial heritage, favoring sectors where the group's operational knowledge can inform investment underwriting.
Profile maintained by Altss 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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