Liaoning Pacific Ocean Investment

Gao Yuting is the majority shareholder with an 88% equity stake, according to the firm's public corporate registration. Li Zhe holds the remaining 12% and also serves as the firm's executive director and manager. This concentrated ownership structure places full investment and governance authority with the two founders.

The firm is not a state-owned entity, but it maintains a documented co-investment relationship with a state-linked partner. Liaoning Pacific Ocean Investment is a co-shareholder alongside Shenyang Heping District State-owned Assets Management Co., Ltd. in Liaoning Huading Technology Co., Ltd. This connection gives the firm proximity to state capital pools without being consolidated on a government balance sheet.

Public filings indicate the firm covers a broad range of venture stages, including seed, start-up, and expansion or late-stage investments. The strategy appears to be generalist rather than concentrated on a single sector or stage. However, no specific portfolio company names or investment track records are publicly disclosed.

The firm's public corporate structure does not indicate it operates as an open-ended fund with external limited partners. Its registration as an asset manager and the concentrated founder ownership pattern are more consistent with a private investment holding company managing proprietary or closely held capital, rather than a third-party fund manager.

The specific source of the founders' wealth is not publicly disclosed. The firm is registered in Shenyang, the capital of Liaoning province — a major industrial base in northeast China. It is common for local investment vehicles in this region to channel personal and business-network capital generated through provincial industrial, real estate, or state-enterprise relationships, but no specific wealth origin has been confirmed.