China Merchants Securities Zhiyuan Capital
Est. dry powder
$150.1M
Raised, not yet invested
AUM
$4B
Assets under management
Latest fund
$567.1M
Zhiyuan Investment Fund No.1
Est. cheque size
$348.7K–
From fund sizes
Deals, last 12 months
6
Last seen investing Sep 2026
About China Merchants Securities Zhiyuan Capital
China Merchants Securities Zhiyuan Capital is a private equity firm based in Shenzhen with a branch in Beijing, China. It is a captive arm of China Merchants Securities Co., Ltd. The firm focuses on venture, buyout, mezzanine, and growth opportunities. It invests in a diversified range of industries, including business services, consumer discretionary, energy, financial services, healthcare, industrials, information technology, raw materials, and TMT in China.
- Type
- Private Equity Firm
- Headquarters
- Shenzhen, Guangdong, China
- Stages
- AngelSeedSeries ASeries BSeries DEarly Stage
- Est. cheque size
- $348.7K–$6.6M
- Sectors
- Diversified, Financial & Insurance Services, Information Technology, Industrials, Real Estate, Healthcare, Consumer Discretionary
- Regions
- Asia
- Strategies
- Growth, Buyout, Seed
Where they invest
From deals and portfolio companies on record
Most frequent rounds
- Series B10
- —2
- Angel2
- Series A2
- Series D1
Across 31 deals
Portfolio sectors
- Electronics6
- Business Support Services4
- Materials3
- Semiconductors3
- Industrial Machinery2
Across 28 companies
Portfolio countries
- China27
- US1
Across 28 companies
Recent investments
Newest 5 of 31
- Angel—
Xinrongguang Technology
Sep 2026 · Angel
- Unspecified Round—
Xianggan (Beijing) Technology Co., Ltd.
Sep 2026 · Unspecified Round
- Series B$147.6M
Angstrom Excellence
Jul 2026 · Series B
- Unspecified Round—
Beijing ENN Fusion Energy Technology Co., Ltd.
Jul 2026 · Unspecified Round
- Series B$14.8M
Shenzhen Afalight Co.,Ltd.
Jun 2026 · Series B
Offices
2 locations
- Shenzhen, Guangdong, ChinaHQ
- Beijing, Beijing, China