TCL Venture Capital

TCL Venture Capital is the corporate venture capital arm of TCL Group, positioned within China's semiconductor industry as one of the "typical semiconductor CVCs" alongside peers like ZTE Ventures and Inovance Industrial Investment . As a downstream-applications player, it invests according to its parent company's position in the semiconductor supply chain and has gradually moved toward raising external capital on its own . Its investment activity includes participation in SinoChips Technology's Series D round in early 2023, where it joined alongside China Life Equity Investment, Ginlong Technologies, and Shenwan Hongyuan . Yuan Bing serves as chairman .