Zhongtou Hengtian (Beijing) Investment Management

The firm focuses on seed-stage investments, placing initial capital into consumer brands and ventures. Youyoutang, founded by Chen Xiaofan, is a representative portfolio company. Real estate investments are project-based co-developments rather than staged equity rounds.

Zhongtou Hengtian co-invests with Joy City Holding, which is a publicly listed subsidiary of COFCO Group, the state-owned food and agriculture conglomerate. The relationship is that of a co-development partner on specific real estate projects, notably the Nanjing Jingyue residential development. The firm is not a subsidiary or affiliate of COFCO.

Operations are concentrated in mainland China, with a headquarters in Beijing and a known real estate project in Nanjing, Jiangsu. The VR theme park assets indicate potential exposure to experiential retail or entertainment locations elsewhere in China, though specific sites beyond general disclosure are not named.