Qinghai Haidong Investment

The firm is 96.08% owned by the Haidong Municipal Government State-owned Assets Supervision and Administration Commission (SASAC), making it a direct instrument of the municipal government. The remaining 3.92% is held by Qinghai Haidong Industrial Park Development and Construction Co., Ltd., a related development entity. Chairman and General Manager Yan Dequan leads the firm's operations.

As a local government financing vehicle (LGFV), the firm's capital base derives from the Haidong municipal government's fiscal resources, land-use rights, and state-owned asset allocations. It does not manage third-party discretionary capital in the manner of a fund manager; its balance sheet reflects assets transferred or developed under municipal authority.

Its disclosed assets include the Haidong Underground Pipe Gallery, an industrial utility corridor; the Haidong Hehuang New Zone Land Development, a major land parcel project; and the Haidong Technology Park, a commercial facility. These are all located within Haidong, Qinghai province, and represent public-purpose infrastructure and development holdings.

No. It functions as a municipal asset-holding company whose mandate is to own, develop, and operate infrastructure and land assets for the city of Haidong. Its investment activity is tied to civic development policy, not to deploying a fund or seeking market-rate financial returns for external limited partners.

The firm does not publicly disclose an AUM, revenue, or headcount. As an LGFV closely held by the municipal SASAC, its financial details are generally reported through government fiscal channels rather than commercial investor communications. No public website or LinkedIn presence for the firm currently exists.