Beijing Zhongguancun Science City Innovation Development

Beijing Zhongguancun Science City Innovation Development Co., Ltd. is the market-based investment platform established in May 2019 by Haidian District's Party committee and government, wholly owned by the district's state-owned assets commission, with registered capital of RMB 6 billion. Per an 暗涌Waves piece on state investors, it runs three fund systems — a sci-tech innovation fund line, a sci-tech growth fund line, and the Haidian government guidance fund line, the latter dating back to 2009 and having directly invested in 106 early-stage tech companies (including 天智航, 寒武纪, 龙芯中科) with 47 sub-funds as of 2025 . Its growth fund line, launched in 2019 with two phases totaling around RMB 10 billion, backed scientist funds and sector funds from firms like Gaorong and 耀途资本, and made 50-plus direct investments spanning 智谱AI, 深势科技, 面壁智能, 宇树科技, 银河通用, 摩尔线程 and 昆仑芯 — a third phase of RMB 10 billion followed in February 2025 . Its bolder bets include leading a multi-billion-yuan round in Zhipu AI in September 2024 , and it was still active in mid-2026, following on LightPost Starry Sky's Pre-A+ round . The entity card carries no additional facts beyond this.