CCUI (Shanghai) Asset Management was established in May 2017 with a registered capital of 30 million RMB. It is a wholly-owned subsidiary of CCUI. On February 1st, 2018, the company completed its registration and filing as a private fund manager with the Asset Management Association of China, with registration number P1067188.
In December 2018, the Wuxi China United Investment Intelligent Equipment Partnership Enterprise, invested by CCUI and managed by CCUI (Shanghai) Asset Management, was established. The total size of this fund is 2 billion RMB, with an initial phase of 500 million RMB. It primarily targets manufacturing enterprises and innovative companies in the general aviation industry chain, as well as growth-oriented companies in the field of advanced intelligent manufacturing. Some of the invested projects include Saite Intelligent, Purui Technology, and Demos (Shanghai) Information Technology Co., Ltd. (ALPI Aviation S.r.l, an Italian Alps aircraft manufacturing company).
In the near future, CCUI (Shanghai) Asset Management plans to facilitate the implementation of multiple funds, including the China Railway (Jiaxing) Advanced Equipment Manufacturing Industry Fund and the Ningbo Fenghua Technology Achievement Transformation Entrepreneurship Investment Fund. These initiatives are aimed at supporting the development of high-tech industries and the growth of innovative enterprises.