CEC Capital

CEC Capital (易凯资本) is a Chinese investment bank founded by Wang Ran, who serves as its founding partner . Wang established the firm 25 years ago, positioning it to serve the "new economy" — its original tagline was "ibanking the new economy" . In recent years, Wang has been an outspoken commentator on China's venture capital landscape. At a public forum in mid-2024, he bluntly declared that "the primary market basically no longer exists," and when asked for advice to young people wanting to enter the field, he countered: "Do people really still want to enter the primary market?" He has continued to publish widely-read essays on the sector, including a 2024 piece titled "Reviving China's Primary Market" and follow-up reflections in 2025 on AI and blockchain as the foundation of a future economy . Elsewhere's corpus does not contain detailed coverage of CEC Capital's deal flow or current fund size.