Loading organizations...
§ Venture Capital · Shanghai, China
Shanghaichuangtu Investment Management, the asset management arm of state-owned Shanghai Chengtou Investment (Group) Co., Ltd., builds and oversees diverse investment portfolios. Focusing on equity funds, it strategically deploys capital into critical urban infrastructure, environmental services, and real estate, integrated with Shanghai's development goals. The firm's activities contribute to key public and private initiatives across the city.
The investment management unit evolved from the broader Shanghai Chengtou Investment (Group), established July 1992. Its owner, the Shanghai Municipal People's Government, formalized Shanghai Chengtou Asset Management (Group) Co., Ltd. in 2014. This addressed the need for specialized financial oversight and market-driven equity investment of group assets, marking a strategic shift in its operational focus.
Shanghaichuangtu primarily serves its state-owned parent and business units, optimizing financial returns for urban development. It directly supports Shanghai Chengtou's mission: "Making Urban Life Better." The firm envisions sustainable urban growth and enhanced public service through prudent capital allocation and asset performance optimization within China's dynamic urban landscape.
Shanghaichuangtu Investment Management has 1 tracked investment across 1 company. The latest tracked deal is $14.6M Series C in ZongMu Technology in July 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 2, 2019 | ZongMu Technology | $14.6M Series C | Qualcomm Ventures | JUNLIAN Capital Management |