Yangtze River Industry Group

Yangtze River Industry Group is a state-owned enterprise that functions as the provincial-level investment and operational body for strategic emerging industries in Hubei province and manages provincial industrial investment funds. It was formed in January 2022 through the merger of five state-owned entities. The group focuses on investing in sectors such as new generation information technology, biomedicine, new energy, modern chemical industry, ecological environmental protection, and automobiles and parts. It operates through direct investments and various funds, including a 40 billion RMB Yangtze Industrial Investment Fund, acting as both a direct investment platform and a fund of funds.