# Zhonghang Industrial Capital

Zhonghang Industrial Capital is a Private Equity based in Shenzhen, China.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Shenzhen, China
- **Region:** Asia
- **Address:** Shenzhen, China
- **Founded:** 2015
- **Assets under management:** Undisclosed
- **Website:** zhangindustrial.com
- **LinkedIn:** linkedin.com/company/zhang-industrial

## Regulatory record

- **Reports private funds:** No

## About

Zhonghang Industrial Capital is a private equity firm based in Shenzhen, China. It focuses on venture capital investments.

## Questions

### Is Zhonghang Industrial Capital a state-owned investment vehicle?

The firm is named after and structurally tied to the Aviation Industry Corporation of China (AVIC), a centrally-administered state-owned enterprise. Zhonghang Industrial Capital functions as a strategic investment platform aligned with AVIC's industrial objectives, which places it within the broader Chinese state-owned ecosystem rather than as an independent private sector fund manager.

### What does Zhonghang Industrial Capital invest in?

The firm covers early-stage venture, growth equity, and PIPE transactions concentrated in advanced manufacturing, precision components, automation, and industrial technology sectors. Its focus aligns with the hardware, materials, and engineering companies that feed China's aerospace modernization and dual-use technology pipeline.

## Related profiles

- [Zhonghang Aifeike Fund Management](https://altss.com/profile/zhonghang-aifeike-fund-management)
- [Zhongheyida Capital](https://altss.com/profile/zhongheyida-capital)

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

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