Xuzhou High-tech Industrial Development Zone Entrepreneurship Development

Feng Zhaoxiang serves as the legal representative and executive director, per public corporate records. Investment decisions are expected to flow through his office in coordination with the parent entity, Xuzhou High-tech Industrial Development Zone Industrial Fund, and the ultimate state-owned parent, Xuzhou High-tech Holding Group. Specific investment committee members are not publicly disclosed.

The firm is a wholly state-owned corporate investor. It is directly owned by the Xuzhou High-tech Industrial Development Zone Industrial Fund, which is itself controlled by the Xuzhou High-tech Holding Group. This chain ties its capital allocation directly to the municipal government's economic development mandates for the high-tech zone in Tongshan District.

The firm operates primarily as a policy instrument rather than a pure financial venture capitalist. Its investments are designed to attract and scale companies within the Xuzhou High-tech Industrial Development Zone, pairing equity with land access, tax incentives, and infrastructure support. Returns are measured against economic development outcomes for the zone in addition to financial performance.

Based on its stated strategy classification, the firm participates across early-stage Seed rounds, Start-up rounds, and Expansion or Late Stage rounds. This span suggests a mandate to support companies from initial prototyping through to scaled production, provided those companies align with the zone's industrial priorities.

Yes, public records identify Xuzhou High-tech Industrial Development Zone State-owned Assets Management as an affiliated co-investor. The firm also draws on the Xuzhou High-tech Zone Industrial Land Development entity for property-linked support, functioning as part of a coordinated municipal investment ecosystem rather than an isolated capital pool.