# Yangtze River Industry Fund

Yangtze River Industry Fund is a Private Equity based in Wuhan, China.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Wuhan, China
- **Region:** Asia
- **Address:** Wuhan, Hubei, China
- **Founded:** 2015
- **Assets under management:** Undisclosed (Altss estimate)
- **Website:** yangtzefund.com

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Enterprise Software
- AI/ML
- Industrial Tech
- Energy Transition & Renewables
- Mobility & Transportation
- Healthcare Services

## 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.

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- [Bank of America Merrill Lynch Global Corporate & Investment Banking](https://altss.com/profile/bank-of-america-merrill-lynch-global-corporate-and-investment-banking)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/yangtze-river-industry-fund

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