Xinlian Capital announced the successful first - close of its maiden fund with RMB 1.25 billion raised, and the final - close size is expected to exceed RMB 1.5 billion.
On November 12th, Xinlian Capital announced the successful fundraising of 1.25 billion yuan for its first main fund. The total scale of this fund is expected to exceed 1.5 billion yuan, with a focus on hard - tech fields such as semiconductors, artificial intelligence, robotics, and new energy.
Against the backdrop of a challenging fundraising environment, Xinlian Capital completed the fundraising for this fund within less than a year. The LP lineup features a combination of "industry + capital + policy" backgrounds, achieving a highly market - oriented LP structure. Investors include the cornerstone investor Xinlian Integrated (688469), as well as Shanghai Lingang New Area Fund, Futeng Capital, Yuanhe Chenkun, Jianfa Emerging Fund, Jiaxing State - owned Investment Corporation, Nanjing Bank, Xinpeng Micro (Stock Code: 688507), Fule De (Stock Code: 301297), and Jiangfeng Electronics (Stock Code: 300666), covering leading listed companies in the industry, top - tier market - oriented mother funds, well - known state - owned mother funds, market - oriented government investment platforms, and bank - affiliated financial institutions.
Market analysts believe that in the overall difficult fundraising environment, it is quite remarkable for Xinlian Capital to achieve a highly market - oriented LP structure. This reflects the market's investment confidence in the development of hard - tech and also shows the recognition and trust of professional investment institutions in Xinlian Capital's investment strategies and professional capabilities in relevant fields.
Yuan Feng, the founding partner of Xinlian Capital, stated that the successful fundraising of this fund essentially reflects investors' confidence in the long - term development of China's hard - tech and strategic emerging industries. Due to the particularity and cyclical nature of strategic industries, the needs of enterprises at different development stages vary significantly. As an investment institution focusing on industrial investment and accompanying invested enterprises through cycles, Xinlian Capital will actively seize the development opportunities of strategic emerging industries. At the same time, through the connection and empowerment of CVC, it will accompany and empower the development of invested enterprises and create sustainable long - term returns for investors.
As the corporate venture capital (CVC) of Xinlian Integrated, a leading enterprise in technological innovation in the new energy and semiconductor fields, Xinlian Capital relies on the profound industrial resources of the "chain master" in the semiconductor industry. Its investment strategy is driven by the "capital + industry" dual wheels to expand the industrial chain and build an industrial ecosystem, accompanying and empowering the innovation and growth of hard - tech enterprises. Currently, the institution has invested in many well - known companies in the semiconductor and new energy industrial chains, including Shuoke Zhongkexin, Xinlian Power, Junyuan Electronics, Avatr, Bicheng New Energy, Hongyi Core, Yaoxin Micro, and Jingyi Semiconductor. It has also carried out investment layouts in emerging application fields such as robotics and AI, and has invested in market - star projects such as Super Fusion, Sweet Potato Robotics, Magic Atom, Xingyuan Intelligence, and Yingshi Robotics.