Corporate Investor

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Shijiazhuang Development and Investment

Shijiazhuang Development and Investment is a corporate investor based in Shijiazhuang, China. It has invested in 7 funds, primarily focusing on opportunities...

Shijiazhuang Development and Investment logo

Shijiazhuang Development and Investment

Shijiazhuang Development and Investment is a corporate investor based in Shijiazhuang, China. It has invested in 7 funds, primarily focusing on opportunities in Asia.

General information

Firm type

Corporate Investor

Year founded

AUM

Undisclosed

Location

Region

Asia

Country

China

City

Shijiazhuang

Corporate office

Shijiazhuang, Hebei, China

Principals

Li Bona

Legal Representative and Chairman

Gao Huimin

Former Chairman

Sector focus

Industrial TechReal EstateInfrastructureAI/ML

Frequently asked questions

Who controls Shijiazhuang Development and Investment?

The firm is wholly owned by the Shijiazhuang Municipal People's Government State-owned Assets Supervision and Administration Commission (SASAC). Li Bona serves as its Legal Representative and Chairman. Former Chairman Gao Huimin previously led the firm during earlier phases of its development.

Does the firm invest directly in technology startups?

Yes. The firm participates in early-stage venture investing, including seed and startup rounds, through partnerships such as the Shijiazhuang-ARC Investment Fund with ARC China. It has backed projects in industrial technology and artificial intelligence, including a dedicated AI project site in Jingxing County.

What infrastructure assets does the firm hold?

The firm holds a significant stake in the Shi-Heng-Cang-Gang Intercity Railway, a regional transportation link in Hebei Province. It also leads Shijiazhuang's '6+2+2' urban renewal projects, a mixed-use development initiative that is reshaping parts of the city's built environment.

How is the firm's investment strategy structured across asset classes?

Shijiazhuang Development and Investment pursues a dual-track strategy. One track focuses on venture capital across early and growth stages, primarily in technology sectors. The other track allocates capital to direct infrastructure and real estate projects, including railways and urban renewal developments, all within Hebei Province.

Does the firm disclose its assets under management?

No. Like many state-backed investment vehicles in China, Shijiazhuang Development and Investment does not publicly report an AUM figure. Its scale is inferred from the physical assets it controls, the scope of its development projects, and its role as the city's primary investment arm.

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