Orinno Capital

Orinno Capital, officially known as Chengdu Hi-tech Zone Ceyuan Investment Group Co., Ltd., is a prominent state-owned industrial investment platform established in August 2022. Wholly owned by Chengdu Hi-tech Investment Group Co., Ltd., the firm is tasked with the significant mission of developing a 300 billion RMB industrial fund cluster within the Chengdu Hi-tech Zone over five years. Orinno Capital operates across four main business segments: industrial funds, industrial investment, industrial research, and industrial services, aiming to foster high-quality industrial development through a dual-circulation model.

The firm's investment strategy is guided by the manufacturing powerhouse strategy and focuses on strengthening industrial chains. It primarily targets three leading industries: electronic information, biomedicine, and the digital economy. Orinno Capital emphasizes hard-core technology and advanced manufacturing, while also building a "3+2" modern open industrial system that includes modern services and future industries. Its subsidiary, Chengdu Hi-tech New Economy Venture Capital Co., Ltd., established in October 2018, plays a key role in managing the investment funds.

As of the end of 2024, Orinno Capital and its subsidiaries manage assets exceeding 20 billion RMB and have participated in establishing an industrial fund cluster with a total scale of over 200 billion RMB. The firm has made direct investments exceeding 10 billion RMB in high-growth potential enterprises and high-energy projects. Notable portfolio companies include Unigroup, Fuba Sensing, Luye Pharma, Hua Hong project, Three-Body Universe, Lingkong Tianxing, Mingyi Electronics, Richeng Xinwei, Jiujin Technology, Xingchu Century, Xingbang Huyu, Qitan Technology, Zhishan Weixin, Hantong Integrated, Nuoqiao Bio, Dianke Xingtuo, and Aotian Technology. Orinno Capital recently led an angel extension round for Vision Aero, an eVTOL maker.

Orinno Capital has forged partnerships with over a hundred institutions, including leading firms like Hillhouse Capital, Shenzhen Capital Group, Legend Capital, CDH Investments, GGV Capital, and Huawei Hubble. The firm is also actively engaged in international cooperation, having established Sino-Italian and Sino-French bilateral funds and is currently promoting a Sino-German fund, demonstrating its commitment to global collaboration and driving China's industrial upgrading.