Nanjing Zhiyuan Guidance Fund

The fund operates under the Nanjing Jiangning District Government, which serves as the ultimate controlling shareholder and founder of the parent group. Investment decisions are made by the fund's internal management team within the policy framework established by the district government. The parent group's Vice Presidency at the Jiangsu Venture Capital Association provides additional governance influence through province-level guidance-fund coordination.

Deal flow originates through three primary channels. The Zijinshan International Science and Technology Innovation Fund Street campus attracts and incubates early-stage technology companies directly within the fund's physical ecosystem. The fund co-invests regularly alongside the Nanjing Innovation Investment Group, which participates in multiple municipal guidance funds across Nanjing. The parent group's leadership role in the Jiangsu Venture Capital Association provides access to deal referrals from other province-level guidance funds and venture institutions.

Nanjing Innovation Investment Group serves as a co-investor in multiple municipal and district-level guidance funds alongside Nanjing Zhiyuan. The two entities collaborate on placements within Nanjing's innovation zones, creating co-investment corridors that channel capital into shared portfolio companies. This relationship connects Zhiyuan's district-level mandate to broader municipal investment pipelines.

Nanjing Zhiyuan Guidance Fund targets an unusually broad stage range for a district-level government vehicle, spanning seed, start-up, expansion, and late-stage venture. This full-lifecycle approach allows the fund to support portfolio companies from initial incubation within the FIT International Co-working Space through to later commercial rounds, consistent with the fund's policy mandate to retain and scale technology enterprises within Jiangning District.

Zijinshan International Science and Technology Innovation Fund Street is a dedicated commercial cluster in Jiangning District that houses the fund, its portfolio companies, and partner institutions. The campus includes the FIT International Co-working Space, which provides physical infrastructure for early-stage ventures. The fund's investment mandate is structurally tied to the campus — portfolio companies are expected to maintain a presence within the district's innovation zones, directly aligning capital deployment with local economic development.