# Qianhai Hengsheng

Qianhai Hengsheng is a Private Equity based in Shenzhen, China.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Shenzhen, China
- **Region:** Asia
- **Address:** Shenzhen, Guangdong, China
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

Qianhai Hengsheng (Shenzhen) Fund Management is a private equity firm based in Shenzhen, China. It focuses on venture capital investments. The firm has a team of five employees.

## Sectors

- Enterprise Software
- AI/ML
- Industrial Tech

## Questions

### What does the Qianhai designation mean for this firm's structure?

Qianhai is a special economic zone in Shenzhen designated for financial reform, including the Qualified Foreign Limited Partnership (QFLP) program. A fund manager domiciled there can, under certain approvals, establish structures that accept foreign limited-partner capital into onshore RMB-denominated funds. Whether Qianhai Hengsheng actively utilized these cross-border pathways is not publicly confirmed, but the domicile gives it a legal right to do so that most domestic Shenzhen fund managers lack.

### What investment stages does Qianhai Hengsheng target?

The firm targets early-stage venture deals, specifically seed and start-up rounds. Its generalist mandate covers technology companies in Greater China with no publicly stated sector exclusions. Seed-stage operators in Shenzhen often lean on the firm's geographic proximity to the Pearl River Delta's contract manufacturing ecosystem as part of operational due diligence and portfolio support.

### Does Qianhai Hengsheng participate in fund commitments or only direct deals?

Available records indicate the firm operates as a direct investor into early-stage startups rather than as a fund-of-funds or LP. No filings or disclosures show the firm making commitments into third-party venture funds.

### Is Qianhai Hengsheng still actively investing?

Active status cannot be confirmed from public record. The firm has not publicized recent fund closes, new portfolio-company investments, or team changes. In the Shenzhen early-stage market, many managers that raised pre-2018 vintages have either wound down or are operating below the public-disclosure threshold without fresh capital-raising events.

## Related profiles

- [Qianhai Guotai Hongsheng Asset Management](https://altss.com/profile/qianhai-guotai-hongsheng-asset-management)
- [Qianhai in Shenzhen Yu Taifeng](https://altss.com/profile/qianhai-in-shenzhen-yu-taifeng-asset-management)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/qianhai-hengsheng-shenzhen-fund-management

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