Boyuan Capital has completed the first close of RMB500 million for its second phase fund, with a target fundraising size of RMB1.5 billion. The fund will continue to focus on investment opportunities in upstream and downstream of green and smart mobility, local companies going overseas, and AI industrial applications, and is committed to promoting innovation and development in related fields.
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This brings the cumulative funds under management of Boyuan Capital since its inception in 2020 to RMB 1.1 billion.
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The second phase of the fund continues to receive cornerstone funding from the Bosch Group, while bringing together a number of top institutional investors, including industrial capital, state-owned enterprises, and municipal-level guidance funds. The high percentage of reinvestment reflects the investors’ long-term optimism in Boyuan Capital’s investment strategy, resource integration and track focus. As a market-oriented investment institution under the Bosch Group, Boyuan Capital has emerged in the deep-tech and hard-tech fields with its unique platform positioning and professional investment team in the context of the deep integration of investment and industry.
As the world’s leading Tier One automotive parts company, Bosch Group has a deep accumulation and outstanding influence in the automotive and industrial chain, with global revenue reaching EUR 91.6 billion in 2023. China has always been one of the most important markets for the Bosch Group. Bosch China’s sales reached 139.1 billion RMB in 2023, a year-on-year increase of 5.2%, with the intelligent mobility business being the main growth driver. China is also an important innovation and R&D base for the Bosch Group, which has invested nearly RMB 50 billion in the Chinese market over the past 10 years.
Leveraging on the Bosch Group’s unique industrial strengths and global footprint, Boyuan Capital has better access to unique underwater projects and stronger ability to integrate resources. Since its inception, Boyuan Capital has established a number of outstanding new productivity companies through co-incubation, investment in innovative companies and the formation of innovative cooperation platforms, and has helped them to connect with upstream and downstream resources, as well as to actively explore overseas business opportunities through Bosch’s overseas network.
Dr Jiang Hongquan, Managing Partner and Chairman of Boyuan Capital, commented: ‘In the current market environment, green and smart mobility, semiconductors, AI combined with manufacturing and new energy have shown great growth potential and strategic significance, which are not only the frontiers of science and technology innovation, but also the key forces to promote economic development and industrial upgrading. Boyuan New Fund will closely invest in these areas with broad market prospects, deeply explore technological innovation enterprises that can lead the future market, and create outstanding enterprises with global competitiveness in the context of industry chain restructuring. We would like to thank our new and existing investors for their trust, which also reflects the market’s high recognition of Boyuan Capital’s investment strategy and track focus.’
Mr. Zhu Lin, Managing Partner and CEO of Boyuan Capital, commented: ‘Against the backdrop of global structural reshaping, local companies in green and smart mobility, renewable energy and other advantageous industries are actively exploring overseas market opportunities, and we believe that a historic “Down Under” era is emerging for Chinese companies. We believe that a historic ‘Down Under’ era is emerging for Chinese companies. With the Bosch Group’s more than 100 years of global network, we will help Chinese companies to connect with the best local supply chain in overseas markets, provide brand endorsement, and work together on market and customer development and other related services, so as to enable Chinese companies to have a ‘soft landing’ in the overseas market, and integrate into the local market in a faster and better way.’. This will enable Chinese companies to have a ‘soft landing’ in overseas markets and integrate into the local market faster and better.’
About Boyuan Capital
Founded in 2021, Boyuan Capital is a market-oriented investment platform established by Bosch group focusing on China’s deep science and technology field. The main investment directions of Boyuan Capital include sustainable transportation, intelligent manufacturing, Internet of things, artificial intelligence, semiconductor and carbon neutralization. At present, it focuses on opportunities in the growth stage.
