Shanghai State-owned Capital Investment

Name

Shanghai State-owned Capital Investment

Legal name

Shanghai State-owned Capital Investment Co., Ltd.

Website

https://sh-ssci.com

Company type

Private

Operating status

Operating

Short description

Shanghai State-owned Capital Investment Co., Ltd. is one of three Shanghai municipal state-owned capital investment platforms, deploying patient capital across integrated circuits, biomedicine, AI, and future industries (fusion, quantum, brain-computer interfaces) into early-stage hard-technology companies.

Ownership category

akta.pro rank

Product category

Sovereign Capital Investment and Fund Management

NAICS

Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (52394), Other Financial Vehicles (525990), All Other Financial Investment Activities (52399)

SIC

Investors, Nec (6799), Investment Advice (6282)

akta.pro primary industry

Regional / Country-Focused Multi-Manager Platforms (FSANAGAI)

akta.pro secondary industries

Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG), Growth Equity Fund-of-Funds (FSANAGAE), Institutional Capital Introduction (LP/Family Office/Endowment Matching) (FSAEALAI)

Keywords

• Sovereign capital investment
• Fund management platform
• Hard technology investment
• Innovation incubation
• State-owned capital operation

Headquarters

HQ city

Shanghai

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Others

Revenue model

1. Fund Management: The company manages state-owned capital funds and generates revenue through fund management fees and investment returns from portfolio companies.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Shanghai State-owned Capital Investment operates as one of Shanghai's three major municipal state-owned capital investment and operation platforms, providing fund management and innovation incubation services focused on early-stage, small-scale, long-term, and hard technology investments. The company manages an active fund scale of over 2,800 billion yuan and has invested in more than 2,000 companies across strategic sectors including integrated circuits, biomedicine, AI, and nuclear fusion. It deploys patient capital through a multi-layered fund matrix covering angel, venture, and growth stages.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Led investment in Jieyue Xingchen's 5 billion yuan Series B+ round - largest single-round financing in China's large-model sector in the past 12 months
• +3 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability8 records

Partnerships

Seven partnerships are on record, tiered core and major.

• 10 New General Partners (Biopharma Focus)coreChannel Partner/ Reseller/ Distributor · 21 October 2025Shanghai state investor signed agreements with 10 new General Partners to fund biopharma innovations using patient capital. This initiative supports early-stage developments in the biopharma sector through the deployment of long-term investment capital.
• Fudan UniversitycoreStrategic or Co-development PartnerStrategic partnership with Fudan University's modern physics institute. Professor Xu Min's deuterium-helium3 fusion research team established Dongsheng Fusion with support from Shanghai Future Industry Fund.
• Shanghai Jiao Tong UniversitycoreStrategic or Co-development PartnerPartnership with Professor Jin Zhijian's team for high-temperature superconducting magnet company Yixi Technology, integrated into Shanghai's fusion industry supply chain.
• Six Major Innovation Ecosystem AlliancescoreStrategic or Co-development PartnerAt the May 2026 Industry Ecology Conference, Guotou Daoxiang launched six innovation ecosystem alliances covering: Integrated Circuit Domestic Innovation Alliance, Integrated Circuit M&A Alliance, Brain Science Ecosystem Alliance, Innovative Drug Ecosystem Alliance, AI Manufacturing Ecosystem Alliance, and AI4S Ecosystem Alliance.
• China Fusion Energy Co., Ltd.coreStrategic or Co-development PartnerNational fusion flagship enterprise attracted to Shanghai as 'chain master', anchoring the city's fusion industry cluster development.
• Shanghai Superconductor (上海超导)majorStrategic or Co-development PartnerHigh-temperature superconducting tape manufacturer developing core materials for fusion magnetic confinement systems, part of Shanghai's fusion industry supply chain.
• Shangchuang Superconductor (上创超导)majorStrategic or Co-development PartnerSuperconducting material company contributing to Shanghai's fusion technology industrial ecosystem.

Scale indicators6 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Hopu Investments: Beijing-based state-linked private equity firm with multi-billion-dollar AUM, founded by former CIC executives. Directly comparable as a large Chinese state-affiliated PE platform deploying capital into strategic sectors.
• China Life Private Equity Investment: State-linked insurance capital arm that co-invested alongside Shanghai GuTou in Jieyue Xingchen and StepFun rounds. Comparable as state-affiliated patient capital provider into Chinese AI and hard-tech.
• Shenzhen Capital Group (SCGC): Municipal-level state-affiliated venture capital firm in Shenzhen managing multi-billion-dollar AUM. Direct peer as another city-level state fund manager focused on early-stage technology investment.
• China Reform Holdings Corporation (CRHC): National-level state-owned capital operation platform under SASAC. Directly comparable business model: SOE capital platform deploying patient capital into strategic sectors with both financial and policy mandates.
• Beijing State-Owned Capital Operation and Management Center: Beijing municipal-level state-owned capital operation platform. Directly comparable as a peer municipal SOE investment platform with similar mandate to deploy public capital into strategic industries.

Broad incumbents

• China International Capital Corporation (CICC): State-affiliated investment bank with significant private equity and direct investment arm. Comparable as another state-linked Chinese capital platform with deep tech sector exposure.
• China Investment Corporation (CIC): China's sovereign wealth fund managing over $1.3 trillion in assets. Comparable as a state-owned capital deployment platform with policy-aligned investment mandates, though at a national rather than municipal level.
• CDB Capital (China Development Bank Capital): Investment arm of China Development Bank, a policy bank. Comparable as a state-owned long-duration capital provider supporting national strategic technology priorities.
• National Council for Social Security Fund (NSSF): China's national pension reserve fund with ~$450B AUM. Comparable as a long-duration state capital allocator with direct PE investment programs in strategic technology sectors.

Others

• China National Investment & Guaranty Co. Central SOE providing investment and financing guarantee services. Related as another state-owned platform supporting early-stage technology and strategic industry investment in China.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments12 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shanghai State-owned Capital Investment