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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.

Investment Philosophy & Direction

  • Green and Low-Carbon Development

    Green and Low-Carbon Development

  • Next-Generation Information Technology

    Next-Generation Information Technology

  • Advanced Manufacturing

    Advanced Manufacturing

  • Modern Services Industry

    Modern Services Industry

  • Biotechnology

    Biotechnology

  • New Materials

    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

  • Our Vision
    Our Vision
    A Top-tier Investment Institution with National Trust,Industry Leading,Market Respect
  • Our Values
    Our Values
    Integrity, Responsibility, Professionalism, Innovation
  • Development Philosophy
    Development Philosophy
    Mission-Driven, Win-Win Collaboration, People-Centric, Excellence Striving
  • Management Philosophy
    Management Philosophy
    Market-Driven Operation, Professional Management

Development History

  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016

2024
  • March 2024

    Awarded "Capital Civilized Unit"

  • September 2024

    Jointly established the Liaoning Revitalization Development (CSRF) Fund with Liaoning Province and China Reform Holdings.

2023
  • July 2023

    CSRF II Coordinated Development Fund was established with a fundraising scale of ¥31.5 billion.

2022
  • January 2022

    Selected as a “Demonstration State-Owned Enterprises for Corporate Governance” by SASAC.

2021
  • August 2021

    CSRF II was established,with the AUM of CCT Fund exceeding ¥200 billion.

  • October 2021

    Jointly established the CSRF Strategic Emerging Fund with Chuzhou City, Anhui Province.

  • November 2021

    Jointly established the CSRF Innovation Fund with Nanchang City, Jiangxi Province.

2020
  • December 2020

    CSRF's investment amount exceeded ¥100 billion.

2019
  • January 2019

    The Party Committee of CCT Fund was established.

  • November 2019

    Jointly established the Heilongjiang Revitalization Fund with Heilongjiang Province to support the revitalization and development of Northeast China.

2018
  • December 2018

    Participated in major strategic restructuring projects of central SOEs, such as the strategic financing of China Railway Materials and the merger of China State Shipbuilding Corporation and China Shipbuilding Industry Group Corporation.

2017
  • September 2017

    Hosted the China State-owned Enterprise Structural Adjustment and Investment Forum, focusing on cooperation in structural adjustment and transformation and upgrading of SOEs.

  • October 2017

    Participated in the mixed ownership restructuring of China Unicom, assisting in completing the first mixed-ownership reform at the central SOE group level.

2016
  • March 2016

    CCT Fund was established.

  • September 2016

    CSRF Ⅰ was established with a fundraising scale of ¥131 billion.

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