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The Venture Codex

Hefei State-owned Investment

No. 229, Wuhan Road, Binhu New District, Hefei, Anhui, China

Overview

Hefei Industry Investment Group is an industrial investment and financing company.

Total investments
1
Lead investments
0
Investments · 12mo
1
Active investors
0

Sector focus

  • Finance
  • Financial Services
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Investment portfolio

  • NIO

    Participated · Equity · Feb 2026

    Shenji, a wholly controlled chip subsidiary of electric-vehicle maker Nio, focuses on developing high-performance system-on-chips for intelligent driving. Its first product, the Shenji NX9031, entered mass production in 2024 and has already shipped more than 150,000 units, largely to Nio’s own vehicle lines. Building on this momentum, the division plans to release ultra-high-performance chips for next-generation autonomous driving and several additional chips targeting embodied robotics, agent reasoning, and other artificial-intelligence hardware needs. Nio views the chip operation as strategic to reducing reliance on Nvidia and other external suppliers while supporting its 2026 profitability goal. The company has poured “billions of yuan” into R&D since 2021, an investment it equates to the cost of constructing 1,500 battery-swap stations. By opening the business to outside investors, Nio aims to lessen the capital burden while positioning Shenji to supply third-party customers. Post-investment, Nio retains management control with a 62.7% stake, and 10% of equity is set aside for an employee stock-incentive pool.

Team

No current team members are available.