Shaoxing New Century Investment

Deal flow is sourced primarily through its strategic partnership with Zhejiang Zheshang Venture Capital Co., Ltd., where business partner Chen Yuemeng serves as chairman. This relationship gives the firm access to ventures originated within Zhejiang's industrial networks, particularly in manufacturing, logistics, and consumer goods. The firm does not appear to maintain a separate, publicly visible direct-sourcing team.

Shaoxing New Century is a long-term shareholder and strategic co-investor in Zhejiang Zheshang Venture Capital. Chen Yuemeng, a business partner of Shaoxing New Century, is the chairman of Zheshang Venture Capital. This makes Zheshang Venture Capital the primary vehicle for Shaoxing New Century's private equity deployment, creating a deeply integrated rather than arm's-length LP-GP relationship.

The firm's activities are linked to Chen Yuemeng, who chairs Zheshang Venture Capital and is identified as a business partner of Shaoxing New Century. Co-investors alongside Shaoxing New Century in Zheshang Venture Capital include Chen Ayu, chairman of Xilinmen Furniture, and Xu Guanju, chairman of Transfar Group, though their governance roles at Shaoxing New Century itself are not publicly detailed.

Shaoxing New Century's investment model is that of an embedded capital partner. It operates as a shareholder and co-investor within Zheshang Venture Capital, which manages direct venture investments across early-stage to expansion-stage companies. Whether Shaoxing New Century also makes direct balance-sheet investments outside this partnership is not publicly known.

The firm's activities are concentrated in the Yangtze River Delta, anchored by its headquarters in Shaoxing, Zhejiang province. Zheshang Venture Capital's deal flow draws heavily from the region's private manufacturing and industrial base. No offices or disclosed investment activity outside mainland China have been identified.