Shanghai Free Trade Zone Fund
8th floor, Building 4, Lin-Gang LJZ Plaza, 158 Zishan Road, Lin-gang Special Area, Shanghai, 200122, China
Overview
Shanghai Free Trade Zone Equity Fund (FTZ Fund) is the first Free Trade Zone fund in China. It was set up against the backdrop of the State Council’s initiatives to build China (Shanghai) Pilot Free Trade Zone and to deepen reform and opening-up. The fund follows the strategic guidance of the central, municipal and district-level governments, facilitates system innovation, financial innovation, and opening-up of the service sector, cultivates functional projects, encourages new economy, and boosts Shanghai’s strategic building of international economic center, international financial center, international shipping center, international trade center and international innovation center. Established on 28 December 2014, the Fund has an initial size of 5 billion CNY with a maturity of 5-7 years. It is co-founded by Shanghai Lujiazui (Group) Co., Ltd., Shanghai Waigaoqiao (Group) Co., Ltd., Shanghai Airport Authority, China Cinda Asset Management Co., Ltd., and China Orient Asset Management Corporation. Located in China (Shanghai) Pilot Free Trade Zone, the FTZ fund is able to leverage resources in both the domestic and the international markets, integrate resources among governments, industries and companies, and explore mutually beneficial investment opportunities. It mainly invests in the equity projects in leading areas in the FTZ, such as logistics, cross-border e-commerce, smart manufacturing biopharmaceuticals, IT, culture, and Internet finance. It helps to push forward pilot projects on cross-border investment and financing, and reforms of state-owned enterprises (SOEs). The fund also invests in property projects to upgrade urban development of the FTZ.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 2
Sector focus
- Finance
- Financial Services
Investment portfolio
- Tejin Intelligence
Participated · Series B · May 2024
The company focuses on radio sensing and spectrum big-data analysis technologies to deliver low-altitude safety and airspace management solutions. It aims to support construction of integrated ground-air urban security infrastructure and enable fine-grained governance of urban low-altitude airspace. The product and services target smart-city, three-dimensional public security infrastructure for low-altitude domains. The article reports the company completed a B round financing of more than ¥100 million. Investors in the round include a lead investor and several strategic and public‑fund backers; an existing shareholder increased its participation. Financial advisors to the transaction were engaged for the financing.
- MAXIEYE
Participated · Series B · Nov 2021
MAXIEYE is an autonomous driving technology and service provider targeting the factory-installed mass production market for passenger cars and commercial vehicles. The company provides advanced driver-assistance systems (ADAS), automated driving systems (ADS), and imaging system products required for intelligent driving. MAXIEYE released Maxipilot 1.0, a passenger-car intelligent cruise driving assistance system, which will be mass-produced in two passenger car brands in 2021. Maxipilot 2.0, which supports automatic pilot assisted driving, is in late-stage development and is planned for mass production in 2022. The company says the new funds will be used to supplement large-scale mass production investment in intelligent driving products and to further R&D in high-level automated driving technology. Founded in 2016, MAXIEYE is pursuing mass-production partnerships across passenger and commercial vehicle segments.
Team
Zhou Siliang
Founder & Chairman
Hao Lu
Chief Investment Officer