Private Equity

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Yangtze River Industry Fund

Yangtze River Industry Fund is the venture capital vehicle of the government of central Hubei province. It has made 26 investments, including a Series A - II...

Yangtze River Industry Fund

Yangtze River Industry Fund is the venture capital vehicle of the government of central Hubei province. It has made 26 investments, including a Series A - II investment in YASC on February 06, 2026. The fund has 4 portfolio exits, with WM Motor exiting on September 06, 2025.

General information

Firm type

Private Equity

Year founded

2015

Location

Region

Asia

Country

China

City

Wuhan

Corporate office

Wuhan, Hubei, China

Sector focus

Enterprise SoftwareAI/MLIndustrial TechEnergy Transition & RenewablesMobility & TransportationHealthcare Services

Frequently asked questions

Does Yangtze River Industry Fund participate in direct company investments?

No, the firm is classified as a fund-of-funds manager. Its primary function is to make limited partner (LP) commitments to other venture capital and private equity funds, which then execute direct investments. These sub-funds have backed semiconductor champions like SMIC and YMTC, but YRIF itself does not make direct co-investments into operating companies.

Which sectors does Yangtze River Industry Fund explicitly target?

The firm's LP commitments flow predominantly into funds targeting China's semiconductor supply chain — including chip design, fabrication equipment, and advanced materials. Beyond semiconductors, the mandate has expanded to cover hard-technology sectors that align with state self-sufficiency goals, such as renewable energy manufacturing, electric-vehicle battery technology, and industrial automation.

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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