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§ Venture Capital · Jiashan, China
State-owned real estate investment company focused on land development and land consolidation projects.
Jiashan County State-owned Assets Investment Group Co. Ltd. operates as a state-owned real estate investment company based in Jiashan County, Zhejiang Province, China, specializing in land development and land consolidation projects. As a government-backed entity, its core activities involve strategic investments in regional land assets, playing a crucial role in local infrastructure development and urban planning initiatives. Its financial structure relies on direct government ownership and the issuance of various bonds to fund extensive operations, currently managing a significant financial portfolio with bond debt totaling 756 million USD. The company's mandate includes overseeing the acquisition, development, and management of land resources to support Jiashan County's economic growth and urbanization goals. These efforts optimize land utilization and enhance the overall value of public assets within its jurisdiction.
Jiashan County State-owned Assets Investment has 1 tracked investment across 1 company. The latest tracked deal is $27.0M Series C in Drug Farm in May 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 16, 2023 | Drug Farm | $27.0M Series C | YD Capital | Betta Capital, Haoyue Capital, Wedo Venture Management |