Asset Manager

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Shanghai Fengjin Investment

Jin Biao's Shanghai Fengjin Investment deploys founder-controlled capital across Chinese healthcare ventures and Shanghai real estate.

Shanghai Fengjin Investment

Shanghai Fengjin Investment operates from Shanghai, China, with Executive Director Jin Biao holding a controlling 90% stake and family member Jin Yizhong serving as Supervisor with the remaining 10%. The firm's structure is that of a generalist investment company, though its documented activities concentrate on healthcare services and real estate. A philanthropic arm, the Oriental Beauty Valley · Dream Fund, signals community reinvestment tied to the firm's regional presence. Fengjin's venture strategy spans seed through late-stage investments. Documented healthcare positions include co-investing with Haozhou Rongcheng Investment Fund Management in strategic funding rounds for healthcare startups, and partnering with Shanghai New World Co., Ltd. to back Shanghai Xuchongdao Chinese Medicine Beverage — a convergence of traditional medicine and consumer health. On the real asset side, the firm holds the Tian Mu West Road Project, a mixed-use development located at 146(A)-3, Gong Gong Zhong Xin, Tian Mu West Road in Shanghai. The firm's total deployment and professional headcount are not publicly disclosed. Its registered capital is held in Shanghai, and while no additional offices are recorded, the combination of early-stage healthcare venture co-investments and a direct real estate project suggests a concentrated portfolio managed by a small, principal-led team. In recent periods, Fengjin's visible activity has centered on the healthcare co-investment deals documented alongside Haozhou Rongcheng and Shanghai New World. Fengjin's architecture is structurally distinct from a pure venture fund: it pools founder and family capital into direct equity positions and co-investment vehicles rather than raising third-party limited partner commitments. This 90/10 ownership split, combined with a supervisor drawn from the founder's family, embeds succession and governance into a single-entity investment company that operates with the permanence of a family office but the deal posture of a direct investor.

General information

Firm type

Generalist

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

China

City

Shanghai

Corporate office

Shanghai, China

Principals

Jin Biao

Executive Director and Founder

Jin Yizhong

Supervisor

Sector focus

Healthcare ServicesReal Estate

Frequently asked questions

Who controls investment decisions at Shanghai Fengjin Investment?

Jin Biao, the founder, owns a 90% stake and serves as Executive Director, making him the controlling decision-maker. His family member Jin Yizhong holds the remaining 10% and serves as Supervisor. This concentrated ownership means investment approvals are principal-driven and do not require an external investment committee.

Is Shanghai Fengjin Investment a family office or a venture capital firm?

It functions as a hybrid. The firm is legally structured as an investment company with 100% of equity held by the founder and a family member, which is typical of a single-family office. However, its activities — co-investing in venture rounds alongside fund managers and holding direct real estate — look more like a proprietary asset manager than a third-party fund.

What sectors does Shanghai Fengjin Investment target?

The firm's documented investments cluster in healthcare services — particularly Chinese medicine and consumer health — and Shanghai real estate. It has co-invested with Haozhou Rongcheng Investment Fund Management in healthcare startup rounds and partnered with Shanghai New World Co., Ltd. on a Chinese medicine beverage venture.

Does Shanghai Fengjin Investment take external capital?

There is no public record of the firm raising third-party limited partner commitments. Its disclosed structure — with 90% ownership held by the founder and 10% by a family member serving as Supervisor — strongly suggests the capital is founder- and family-provided.

What is the Oriental Beauty Valley · Dream Fund?

It is a philanthropic initiative associated with Shanghai Fengjin Investment. The Dream Fund operates in the Oriental Beauty Valley, a Shanghai biotech and healthcare hub, aligning charitable activity with the firm's healthcare investment focus. Structural separation between the investment company and the foundation is not publicly detailed.

Profile maintained by 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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