According to the Zhitong Finance App, CRRC (01766) announced that CRRC Capital Management Co., Ltd., a wholly-owned subsidiary of CRRC Co., Ltd., plans to establish Huayi Yongyuan Zhanxin (Ningbo) Equity Investment Fund Partnership (Limited Partnership) with private equity fund manager CRRC Guochuang (Beijing) Private Equity Fund Management Co., Ltd. and other investors.
On December 29, 2025, CRRC Capital, CRRC Guochuang (Beijing) Private Equity Fund Management Co., Ltd. and other funders jointly signed the “Huayi Yongyuan Zhanxin (Ningbo) Equity Investment Fund Partnership (Limited Partnership) Partnership Agreement”, which stipulates a partnership period of 9 years and a fund deposit period of 8 years, including an investment period of 5 years and a withdrawal period of 3 years. With the consent of all partners, the fund life period can be extended by 1 year.
The general partners of the fund are CRRC Guochuang (Beijing) Private Equity Fund Management Co., Ltd., limited partners include CRRC Capital, Ningbo Yongyuan Investment Fund Co., Ltd., Ningbo Metro Industrial Engineering Co., Ltd., Ningbo Yinyu Equity Investment Partnership (limited partnership), Zhejiang Yongyuan Caitong Zhejiang High-end Equipment Industry Equity Investment Partnership (limited partnership), and Guotai Junan Kechuang No. 1 Private Equity Fund Partnership (limited partnership) in Pudong, Shanghai. The total amount of capital pledged by each partner was 1.2 billion yuan, of which CRRC Capital pledged 350 million yuan.
The fund focuses on investing in strategic emerging industries such as clean energy equipment, new energy equipment, the upstream and downstream industrial chains of new energy vehicles, the digital intelligence industry, offshore equipment, and the low-altitude economy. The company's subsidiaries invest in the fund, which is conducive to innovative investment models and the effective integration of industry and capital.