# Wenming Investment Fund

Wenming Investment Fund is an Asset Manager based in Beijing, China.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Beijing, China
- **Region:** Asia
- **Address:** Beijing, China
- **Founded:** 2015
- **Assets under management:** Undisclosed

## Regulatory record

- **Reports private funds:** No

## About

Wenming Investment Fund is a Beijing-based investment company that employs a Venture Capital strategy.

## Sectors

- Energy Transition & Renewables
- Mobility & Transportation
- Enterprise Software

## People

- Hou Changqing — Founder

## Questions

### Who runs investment decisions at Wenming Investment Fund?

Founder Hou Changqing exerts ultimate control over the firm's strategy and investment decisions. The investment team includes deputy general manager Fang Yihui, who provides operational oversight and also represents the firm through his supervisory position at portfolio company REPT BATTERO.

### What investment stages does Wenming Investment Fund typically target?

The fund targets companies across seed, start-up, and growth stages. Its primary focus is on technically driven businesses within China's energy transition and industrial supply chains, capturing value from initial product development through to scaling operations.

### Which sectors does Wenming Investment Fund explicitly focus on?

The firm concentrates on energy transition and mobility. Its portfolio visibly tracks the electric-vehicle battery supply chain, including lithium-ion manufacturers and automotive component suppliers. The firm has not disclosed any significant allocations outside these industrial and energy sectors.

### How is Wenming Investment Fund related to REPT BATTERO?

Wenming is an investor in REPT BATTERO, one of China's prominent lithium-ion battery manufacturers. The relationship is operationally deep: deputy general manager Fang Yihui serves as a supervisor at REPT BATTERO, creating a direct governance link between the fund and its portfolio company.

## Related profiles

- [Welsh, Carson, Anderson & Stowe](https://altss.com/profile/welsh-carson-anderson-and-stowe)
- [Wentou Guofu Capital](https://altss.com/profile/wentou-guofu-capital)

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Last updated: 2026-08-10T19:36:47.593Z

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