China Merchants Capital
7888 Shennan Ave, Shenzhen, Guangdong, China
Overview
Headquatered in both Shenzhen and Hong Kong, China Merchants Capital Management Co., Ltd ("CMC") was founded in 2012 with registered capital of $160 Million (USD, hereinafter). As the subsidiary of China Merchants Group ("CM Group"), CMC is the investment management platform of it, specializing in alternative investments and management. CMC actively explores opportunities in capital markets to cultivate new industries. At the same time, CMC also integrates internal recourses within in CM Group, seeking synergies between financial sector and other sectors. As of the end of 2014, total AUM of CMC is about $3 Billion. CMC predominantly invests in opportunities within Chinese SOEs restructuring, industrial upgrading, and new urbanization, seeking cooperation opportunities in the following sectors: infrastructure, medical & pharmaceutical, financial services, real estate, high-tech, agriculture & foods, media, equipment machinery, mining, energy, etc.
- Total investments
- 12
- Lead investments
- 6
- Investments · 12mo
- 2
- Active investors
- 0
Sector focus
- Financial Services
- Venture Capital
Investment portfolio
- Xynova
Participated · Series A · Jul 2026
Founded less than two years ago, Xynova develops full-stack dexterous hands combining hardware, materials, motion control and manipulation algorithms. Its product line includes Flex 1 — a tendon-driven hand launched in August 2025 with a 380 g palm and payload capacity exceeding 30 kg — and Flex 2, introduced in May 2026 as the industry’s first hybrid tendon-driven plus direct-drive bionic hand with 23 degrees of freedom and a palm weight under 400 g. The company reports industrial-grade durability (tendon lifespan over 1.5 million cycles and whole-hand lifespans exceeding 1 million opening/closing cycles) and claims its hands have passed high-low temperature, vibration and drop tests. Xynova has expanded rapidly to a team of over 300 people, including more than 150 R&D staff, and established a 5,400 sqm factory in Hangzhou with targeted annual capacity of 10,000 units by year-end. Its investor base comprises major industrial and internet strategic backers, and the company has completed consecutive financing rounds totaling about ¥1.5 billion within months, positioning it for mass-production deployment in industrial and consumer scenarios.
- Zhenye New Materials
Led · Series A · Jul 2026
Zhenye New Materials focuses on producing high-strength, high-toughness ADI (austempered ductile iron) grades and in 2024 achieved a technological breakthrough enabling series production of materials such as QTD 1200-10, QTD 1400-7 and QTD 1700-4. The company states that its ADI materials offer lower weight (about 10% lighter than alloy steel), reduced operational noise and lower part costs compared with traditional alloyed steel, and meet or exceed national standards for high-strength, high-toughness applications. Zhenye is working with several automakers on joint R&D for core components including gears, drivetrains and chassis parts. The firm plans to accelerate technological development and expand production capacity to increase market penetration in automotive, commercial vehicle and construction machinery applications. The article did not disclose revenue or other financial metrics.
- ecMAX
Led · Equity · Jan 2024
Suzhou Jiyi Technology (极易科技) is an important participant and industry leader in China’s Silk Road e-commerce, using JD International as a primary platform and starting point. The company provides digital retail services and data‑driven solutions covering traffic management, product management, integrated marketing, user experience, CRM, and logistics/warehouse management, built on data mining and application systems. It positions itself as a major digital retail representative service provider within the JD ecosystem and received a strategic investment from JD Group in April 2018. The business is investing in AI Agent and brand asset management capabilities and expanding Silk Road e‑commerce and industrial internet services. The recent financing will fund a data operations and digital retail technology R&D center and support growth of its digital trade and brand management offerings.
- Porton Advanced Solutions
Led · Series B · Aug 2022
Porton Advanced Solutions is a Suzhou, China-based CDMO dedicated to gene and cell therapy (GCT) development and manufacturing. The company provides an integrated GCT CDMO platform covering plasmids, cell therapy, gene therapy, oncolytic virus, nucleic acid therapy and microbial vectors used for gene therapy. It currently operates a 40,000 sqft R&D and GMP production facility that has been in operation for over two years and has delivered plasmids, viruses and cell batches to sponsors. Porton Advanced plans to bring a 160,000 sqft commercial production facility online in late 2022/early 2023, bringing total PD, AD and GMP manufacturing to over 200,000 sqft. The firm intends to scale capacity to support AAV, oncolytic virus and mRNA CDMO capabilities, and will deploy proceeds to expand into different markets, invest in core manufacturing infrastructure and build global commercial operations. The company is led by CEO Dr. Wang Yangzhou.
- Newlink Group
Led · Series E · Aug 2021
Newlink Group is a Beijing-based company that leverages AI and big data technologies to digitise energy transportation. The company's core focus is on digitising energy transportation using AI and big-data approaches. The firm announced it had secured 900 million yuan (approximately $133 million) in its latest funding round. That funding was raised via its subsidiaries, according to the company. The announcement was made last Saturday. The article does not disclose investors, financing instruments, operating metrics, or any use of proceeds or future plans. NewLink Group is a Chinese provider of technology solutions and services to the energy sector, described in the article as focusing on digital energy solutions. The company offers technology solutions and services tailored to energy customers. The report highlights the firm's core area as digital energy but does not detail specific products or customers. On Wednesday it announced a ¥2 billion (US$308 million) Series E financing. The financing was led by private equity firm China Merchants Capital, and the article does not disclose operating metrics, use of proceeds, or additional strategic details. Newlink Group is an online platform that helps drivers connect gas stations and charging piles across China. The company operates across China, facilitating connections between drivers and fuel and electric charging infrastructure. On Monday the company announced it has received a strategic investment of $200 million. The financing was led by Bain Capital Private Equity. The article characterizes the transaction as a strategic investment but does not specify the exact instrument or list additional investors. The article does not provide operating metrics, valuation, founding year, or details on future plans. Newlink Group is a Chinese energy services platform. The company raised 900 million yuan (about $129 million) in a Series D round of financing. The round was led by CICC Capital, the private equity arm of China International Capital Corporation. The article reports the amount and lead investor but does not detail other participating investors or deal terms. No operating metrics, past-round details, or founding-year information are provided in the article.
Team
No current team members are available.