华创资本China Growth Capital Beijing Venture Capital Firm

About Us

China Growth Capital (CGC) is a leading early-stage venture capital firm in China with an extended interest in Silicon Valley. The firm funds seed to Series B in fintech, enterprise tech and Internet consumer sectors. The typical investment size ranges from $1M to 5M with a hard cap ceiling at $15M per company.

Since its founding in 2006, China Growth Capital has grown to manage 6 Billion RMB (approximately 1 Billion USD) in asset under management across its different RMB and USD funds. The firm provides tremendous support to help its 229 portfolio companies (as of 2017) to develop business models and build exceptional teams. China Growth Capital is also one of the very few early-stage institutions in China with a well-known large seed program.

Notable portfolio includes SMZDM.com, ONE, Missfresh, Xiachufang, 700Bike, Wish, Tongdun, QuantGroup, Tongbanjie, DYCD.com, BeyondHost, 2Dfire, Quantgroup, Tongbanjie, DYCD, Beyondh, 2dfire, Emar, Wusongtech, DeePhi Tech, Aibee etc.

Investment Philosophy

China Growth Capital pioneered fintech and enterprise innovations in China since founding in 2006.

We seeded the earliest portfolio of fintech companies in China's financial service industry, way before the concept of "Internet finance" was created and such names include TBJ (robo-advisor), Tongdun (big data risk management), Quant Group (consumer credit), CashBUS (micro credit), ZLW (trading automation), iQunxing (dynamic factoring) etc.

We also ventured into vertical SaaS sectors of hospitality, beauty, travel and supply chain management etc. 18 - 24 months before such verticals became notable investment thesis among peers.

We believe in vision-based investment thesis. As an early stage investor, we also think it is essential to stay atop the rising trends while recognizing major industry shift patterns.

In retrospect, China Growth Capital has taken a very focused research-driven approach through the years, to generate its investment hypothesis by deep diving into industry frontiers, instead of chasing hype on the media. Haiyan Wu, Managing Partner of the firm, once quoted this approach as "entrepreneurial investing" which perfectly matches our daily practice.

"Roll up the sleeves" and "stay entrepreneurial" have always been the keywords in our culture.

Management Team

  • Haiyan Wu

    Haiyan Wu

    Managing Partner


    Haiyan Wu is responsible for overall investment business and fund management. And she leads the investment in the financial service, enterprise software and services sectors.

    Haiyan has been with China Growth Capital since its establishment. In 2008-2009, Haiyan spent two years of her career in DHgate. She was the Assistant to CEO and directly responsible for two business divisions.


    Haiyan led a few key investments, including Tongdun, Tongbanjie, QuantGroup, Tiger Brokers, 2dfire, PingCAP, 7ages, SMZDM.com, Magmode, ONE, Xiachufang, etc.

    Haiyan graduated with a bachelor degree in Engineering Physics from Tsinghua University.


  • Rui Chen

    Rui Chen

    Managing Partner


    Rui Chen is responsible for the firm's post-investment operations and platform management.

    Prior to joining, Rui was COO of Investment Banking at ICBC International, where she was in charge of the overall operation management, including business process and procedure management, legal & compliance, human resources as well as financial and budget management.  Prior to ICBC International, she was an Executive Director at Zhongde Securities, the China securities joint venture of Deutsche Bank and Shanxi Securities, where she was in charge of deal execution and quality control. Prior to Zhongde, Rui worked at Deutsche Bank and Citigroup at their investment banking division at Hong Kong respectively. Rui started her career at KPMG in the US.

    Rui graduated with a bachelor degree in International Finance from Renmin University and MBA from Texas A&M International University.


  • Wayne Shiong

    Wayne Shiong

    Partner

    Wayne Shiong is responsible for investments in frontier technology area, as well as investments in Silicon Valley.

    Wayne led a few key investments, including DeePhi Tech, Aibee, JingChi, MECH-MIND, Hunteron, Sobot, Tezign, etc. Prior to joining China Growth Capital, Wayne was a Partner at Bertelsmann Asia Investments (BAI). Prior to BAI. Wayne was a Partner with WI Harper Group, where he led and co-led deals of Maxthon, Sungy Mobile (NASDAQ: GOMO), Mapbar (sold to NASDAQ: RENN), ChIVD (sold to Actis), Edan Instrument (Shenzhen Stock Exchange: 300206) and Innovation Works. Previously, Wayne was the China Consultant to Piper Jaffray's equity research team, covering Chinese internet names.


    Wayne graduated from Peking University with a major in Economics.

  • Daoping Wang

    Daoping Wang

    Partner


    Daoping Wang is responsible for investments in mobile internet, E-commerce, internet consumption, B2B areas.


    Daoping led a few key investments, including 6renyou, Klook, EZbuy, Lianshang, DFS168, etc. Before joining China Growth Capital, Daoping was Sr. Associate with Wiharper group, responsible for TMT investments, also, Daoping joined SVB Capital China fund in 2008. Before that, Daoping was Sr. engineer in SMIC.


    Daoping graduated with a bachelor degree in Physics from Nanjing University and MBA from Cheung Kong Graduate School of Busines.

Portfolio

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