Ningbo Yuren Wisdom Technology Group

The group is controlled by Sun Pingfan, the founder and chairman of Ningbo Cixing Co., Ltd., a Shenzhen-listed textile machinery manufacturer. Sun serves as Chairman and General Manager of the Yuren Group. The investment entity is part of the broader Sun family network, which includes family member Ke Sun. No other investment decision-makers are publicly identified.

Ningbo Yuren Wisdom Technology Group is the corporate investment vehicle of the Sun Pingfan family, who control Ningbo Cixing as their primary operating business. The two entities are structurally separate, with Yuren pursuing technology venture investments and Cixing focused on industrial textile machinery manufacturing. This dual-structure allows the family to recycle industrial cash flows into technology bets without commingling balance sheets.

The firm's mandate covers seed, start-up, expansion, and late-stage venture rounds, per Altss research. This full-spectrum approach — from early-stage technology companies to growth equity — is typical of Chinese corporate venture arms that seek both strategic optionality and financial returns. No minimum check size or stage concentration has been publicly disclosed.

Neither assets under management nor total deployment figures have been publicly disclosed. The parent operating company, Ningbo Cixing, reported revenue of approximately RMB 1.9 billion in 2023, but Yuren's investment balance sheet is not separately reported. The firm does not publish fund sizes, team headcount, or portfolio valuations.