Qianhai Equity Investment FOF

Qianhai Equity Investment FOF (前海母基金, also referred to as Qianhai Maternal Fund) is a fund-of-funds vehicle founded in 2016 by Jin Haitao, the former chairman of Shenzhen Capital Group (深创投), after his retirement from the state-owned institution . It raised RMB 21.5 billion at launch, with a roster of prominent co-partners including Ma Weihua, Shen Nanpeng, Xiong Xiaoge, Li Wei, and Ni Zhengdong; Shenzhen Capital Group itself was the sole institutional partner .

The fund appears frequently as a co-investor across venture rounds in the Chinese tech and healthcare sectors. Per the materials, it has backed companies including chip designer Xinyi Information Technology (芯翼信息科技) in its 2018 Series A , in-vehicle weighing platform Shenzhen Hando in its 2020 Series A , contact lens brand Kailala (可啦啦) in its 2021 B-round extensions , robotics firm Xingzhixing (行知行机器人) in a 2022 Series A , and GPU startup Moore Threads (摩尔线程) in its 2021 RMB 2 billion Series A alongside 5Y Capital and other major institutions . It also holds a stake in the Qianhai-Shenzhen-Hong Kong AI Computing Center, a joint venture with SenseTime launched in early 2024 .