Midday Capital

What Midday Capital does

Midday Capital (中钊资本), legally Shenzhen Qianhai Zhongzhao Capital Management Co., Ltd. (深圳市前海中钊资本管理有限公司), is a private equity and venture capital management firm headquartered in Shenzhen's Luohu District, founded in 2015 and initiated by Ganlu Group (甘露集团). The firm manages approximately RMB 2 billion in assets under management and operates as both a Limited Partner in institutional funds — including China's largest commercial mother fund Qianhai Equity Fund, Luohu Hongtu Fund, and Guangzhou Hongtu Tianke Fund — and a co-manager (GP) of the Huaize Zhongzhao Angel Fund. Its investment focus spans biotechnology and health, TMT, new energy and environmental protection, new materials, and high-end equipment and advanced manufacturing, targeting seed-stage, growth-stage, and Pre-IPO companies in strategic emerging industries.

The firm has executed at least eight portfolio company IPOs on the A-share market across consumer electronics, electronic components, precision manufacturing, automotive electronics, LED display, rare earth magnets, photonics, and cosmetics. Its core team is composed of early practitioners in China's venture capital industry, drawn from institutions including China Construction Bank, Shenzhen Science & Technology Bureau, First Creation Securities, and Morgan Stanley Huaxin Securities. The leadership comprises Chairman Huang Hongman, Risk Control Director Huang Shan, and Investment Director Zheng Jinzhou, who reports having led or participated in more than 30 investments worth several hundred million RMB with combined unrealized gains above 60%.

Midday Capital generates revenue primarily through two streams typical of the VC/PE model: recurring management fees charged on its approximately RMB 2 billion AUM, and transaction-based carried interest from portfolio exits via IPO or M&A. The firm does not publish fee schedules, revenue, or headcount figures, and its distribution approach is sales-led, relying on institutional networks, family offices, and direct LP relationships rather than public marketing channels. The firm has no disclosed proprietary technology, patents, or products beyond its fund management services, and its operational footprint is concentrated in mainland China.

Name

Midday Capital

Legal name

深圳市前海中钊资本管理有限公司

Website

https://zhongzhao.ganluchina.com

Company type

Private

Founded year

2015

Operating status

Operating

Short description

Midday Capital (中钊资本) is a Shenzhen-based private equity and venture capital firm managing approximately RMB 2 billion in AUM, sponsored by Ganlu Group. It invests across seed, growth, and Pre-IPO stages in strategic emerging industries, serving institutional LPs and portfolio companies seeking growth capital and exit support.

Ownership category

akta.pro rank

Product category

Venture Capital and Private Equity

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

akta.pro secondary industry

Thematic / Sector-Focused Multi-Manager Platforms (FSANAGAH)

Keywords

• Venture capital services
• Equity investment
• Fund management
• Private equity funds
• Angel investment

Headquarters

HQ city

Shenzhen

HQ country

China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Fund Management Fees: Management fees charged on assets under management (AUM) of approximately RMB 2 billion. Standard VC/PE fund management fee structure.
2. Carried Interest (Performance Fees): Performance-based carried interest from successful portfolio company exits through IPO or M&A, typical of venture capital and private equity fund structures.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Midday Capital (Zhongzhao Capital) is a Shenzhen-based private equity and venture capital firm initiated by Ganlu Group, managing approximately RMB 2 billion in assets under management. The firm provides direct equity investments into growth-stage and Pre-IPO companies, venture capital for seed-stage and emerging growth enterprises, and professional fund management services including co-management of the Huaize Zhongzhao Angel Fund. It also holds LP positions in major institutional funds such as Qianhai Equity Fund, Luohu Hongtu Fund, and Guangzhou Hongtu Tianke Fund.

Product overview

Midday Capital is a professional investment management institution specializing in equity investment, venture capital, and fund management services with approximately 20 billion RMB in assets under management. The company operates as an integrated platform offering core investment products including direct equity investments in innovative enterprises and pre-IPO companies, venture capital for seed-stage and emerging growth companies, and comprehensive fund management services. Their investment strategy focuses on strategic emerging industries and future industries, specifically targeting biotechnology and health, TMT, new energy and environmental protection, new materials, and high-end equipment and advanced manufacturing sectors. The firm serves as an investor in major institutional funds including Qianhai Equity Fund, Luohu Red Clay Fund, Guangzhou Red Clay Tianke Fund, and manages the Huaize Zhongzhao Angel Fund.

Differentiator

Problem solved

Functional benefit

Products and services

• Equity Investment (股权投资) Direct equity investment services into innovative enterprises, Pre-IPO companies, and high-growth projects that align with national science and technology innovation strategies. Targeted at growth-stage and Pre-IPO companies in strategic emerging industries.
• Venture Capital (创业投资) Venture capital services focused on seed-stage enterprises and emerging growth companies in strategic emerging industries and future industries, with a focus on large market potential and sustainable growth capacity.
• Fund Management (基金管理) Professional fund management services with approximately RMB 2 billion in AUM. Includes institutional fund management for Qianhai Equity Fund (LP), Luohu Hongtu Fund (LP), Guangzhou Hongtu Tianke Fund (LP), and co-management of the Huaize Zhongzhao Angel Fund (GP).

Quantifiable outcome

• Portfolio investment returns exceeding 60% combined unrealized gains within 2 years (for investment director's portfolio)

Named customers9 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Multiple Shenzhen VC Institutions (深圳本土创投机构)supportingStrategic or Co-development PartnerClose operational partnerships with multiple Shenzhen-based venture capital institutions for deal sharing, co-investment, and ecosystem collaboration.

Scale indicators2 records

Recent moves5 records

Expansion highlights5 records

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Midday Capital