Company Profile
Chengtong Fund Management Co., Ltd. (CCT Fund) was established in March 2016 in Beijing with a registered capital of ¥127 million. As a core subsidiary of China Chengtong Holdings Group Limited (China Chengtong), a state-owned capital operating company supervised by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), CCT Fund is dedicated to developing into a state-owned professional investment platform that serves the national supply-side structural reform, promotes the transformation, upgrading, and structural reform of central SOEs and state-owned backbone enterprises, and supports the growth of national strategic emerging industries.
CCT Fund is the manager of the China Structural Reform Fund (CSRF), with total assets under management amount exceeding ¥240 billion($34 billion) and completed investments exceeding ¥100 billion($14billion). Adhering to the principles of “market-driven operation and professional management”, the company takes the implementation of national strategies as its mission and aims to facilitate structural reform of central SOEs. Relying on the established and growing management team, CCT Fund continuously deepens investment research and fully leverages the industrial leadership role of state-owned capital. Through direct investment and fund investment, the company focuses on strategic emerging industries including green and low-carbon development, new-generation information technology, high-end manufacturing, biotechnology, new materials, and modern services industry, investing in China Mobile, Semiconductor Manufacturing International Corporation (SMIC), SenseTime, Minmetal New Energy Materials, and COFCO Fortune. These efforts have achieved significant results in promoting the high-quality development of central SOEs, strengthening and supplementing industrial chains, and resolving “bottleneck” challenges.
Since its establishment, CCT Fund has gained widespread recognitions in business development, corporate governance, party and youth league development, and corporate culture, with its industry influence consistently on the rise. The company has been honored with multiple titles, including the “Demonstration State-Owned Enterprises for Corporate Governance” by SASAC, “Capital Civilized Unit”, National Youth Civilization Unit, and Advanced Grassroots Party Organization of Central SOEs. As a fund manager, CCT Fund has also received numerous annual awards from authoritative third-party institutions.
240+billion RMB
AUM
150+billion RMB
Completed Investment
200+
Portfolio Companies
Organizational Structure
Chengtong Fund Management Co., Ltd. (CCT Fund) was established in March 2016 in Beijing with a registered capital of ¥127 million. As a core subsidiary of China Chengtong Holdings Group Limited (China Chengtong), a state-owned capital operating company supervised by the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), CCT Fund is dedicated to developing into a state-owned professional investment platform that serves the national supply-side structural reform, promotes the transformation, upgrading, and structural reform of central SOEs and state-owned backbone enterprises, and supports the growth of national strategic emerging industries.
CCT Fund is the manager of the China Structural Reform Fund (CSRF), with total assets under management amount exceeding ¥240 billion($34 billion) and completed investments exceeding ¥100 billion($14billion). Adhering to the principles of “market-driven operation and professional management”, the company takes the implementation of national strategies as its mission and aims to facilitate structural reform of central SOEs. Relying on the established and growing management team, CCT Fund continuously deepens investment research and fully leverages the industrial leadership role of state-owned capital. Through direct investment and fund investment, the company focuses on strategic emerging industries including green and low-carbon development, new-generation information technology, high-end manufacturing, biotechnology, new materials, and modern services industry, investing in China Mobile, Semiconductor Manufacturing International Corporation (SMIC), SenseTime, Minmetal New Energy Materials, and COFCO Fortune. These efforts have achieved significant results in promoting the high-quality development of central SOEs, strengthening and supplementing industrial chains, and resolving “bottleneck” challenges.
Since its establishment, CCT Fund has gained widespread recognitions in business development, corporate governance, party and youth league development, and corporate culture, with its industry influence consistently on the rise. The company has been honored with multiple titles, including the “Demonstration State-Owned Enterprises for Corporate Governance” by SASAC, “Capital Civilized Unit”, National Youth Civilization Unit, and Advanced Grassroots Party Organization of Central SOEs. As a fund manager, CCT Fund has also received numerous annual awards from authoritative third-party institutions.
Concept and Direction
CCT Fund fully leverages the industrial leadership role of state-owned capital through direct and fund-based investment, focusing on high-quality development of central SOEs, the”9+6” strategic emerging industries, strengthening and supplementing of industrial chains, and fostering original technology innovation hubs. The company maintains a strategic focus on key sectors including green and low-carbon technologies, next-generation information technology, advanced manufacturing, biotechnology, new materials, and modern services.
Green and Low-Carbon Development
Next-Generation Information Technology
Advanced Manufacturing
Modern Services Industry
Biotechnology
New Materials
Collaborative Ecosystem
CCT Fund has established cooperative relationships with numerous central SOEs, local SOEs, local governments and industrial leaders, creating a comprehensive national investment ecosystem. It has fostered a long-term and mutually beneficial cooperation model that supports the collaborative development of ecosystem enterprises.
200+
Investment Partners
70+
State-Owned Enterprise Partners
10+
Local Government Partners
Corporate Culture
Company Honors