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Ningbo Yuren Wisdom Technology Group
Ningbo Yuren Wisdom Technology Group is a corporate investor based in Ningbo, China. It manages approximately $268.15 million in assets across two funds,...
Ningbo Yuren Wisdom Technology Group
Ningbo Yuren Wisdom Technology Group is a corporate investor based in Ningbo, China. It manages approximately $268.15 million in assets across two funds, primarily focused on Asia.
General information
Firm type
Corporate Investor
Year founded
—
AUM
Undisclosed
Location
Region
Asia
Country
China
City
Ningbo
Corporate office
Ningbo, Zhejiang, China
Additional offices
Cixi, Zhejiang, China
Principals
Sun Pingfan
Chairman and General Manager
Sector focus
Frequently asked questions
Who is behind 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.
What is the relationship between Ningbo Yuren and Ningbo Cixing?
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.
Does Ningbo Yuren take outside capital or co-investors?
There is no public evidence that Ningbo Yuren accepts external limited partners or participates in co-investment syndicates. The firm appears to operate as a purely proprietary capital vehicle funded by the Sun family's industrial wealth. All known addresses are owned commercial properties, further suggesting a self-funded, balance-sheet-only model.
What investment stages does Ningbo Yuren target?
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.
What is Ningbo Yuren's geographic investment focus?
The firm is headquartered in Ningbo, Zhejiang Province, with a secondary property in Cixi City. Sun Pingfan's board role with the Bangladesh China Chamber of Commerce and Industry suggests potential deal flow into South Asia, but the primary investment geography appears to be domestic China. No specific geographic mandate has been publicly stated.
How large is Ningbo Yuren Wisdom Technology Group?
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.
Does the firm have any philanthropic or foundation entities?
There are no publicly disclosed philanthropic foundations, donor-advised funds, or charitable vehicles associated with Ningbo Yuren Wisdom Technology Group or the Sun family. The known entities are limited to the operating company, the investment group, and commercial real estate holdings.
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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