Shenzhen Capital Group

Shenzhen Capital Group Co., Ltd (SCGC) is a venture capital firm founded in 1999 by the Shenzhen Government. The company is dedicated to fostering national industries, developing national brands, and promoting economic transformation through investments in emerging sectors. SCGC primarily targets small to medium enterprises and innovative high-tech companies, focusing on those in various stages of growth, including startups and those undergoing transformation. Its investment portfolio spans industries that align with national policy support, such as information technology, internet services, new media, biopharmaceuticals, new energy, environmental protection, chemical engineering, and high-end equipment manufacturing. With a registered capital of 5.42 billion RMB and significant assets under management, SCGC has established itself as a leader in the venture capital landscape, having invested in numerous companies, many of which have achieved public listings across global capital markets.

Fang Aihua

Investment Director

Huang Tianxiang

Investment Director

Haitao Jin

Chairman

Lin Yunyu

Investment Director

Luo Xingqiang

Deputy General Manager

Past deals in Telecommunications

Fast Photonics

Series B in 2024
Fast Photonics is a company focused on the development and manufacturing of high-speed optical transceivers and modules, catering to various applications in optical communication, including 5G access, FTTX, and data center interconnects. The company emphasizes innovation to deliver solutions that address the evolving demands of data transmission and communication networks. Fast Photonics is committed to quality and adheres to ISO standards in its manufacturing processes. It operates as an OEM/ODM/JDM partner, providing customized solutions tailored to specific customer needs. With its expertise in optical technology, Fast Photonics plays a significant role in the industry, delivering products that enhance the speed and efficiency of data communication.

Sinosemic

Series C in 2023
Sinosemic is a company focused on the design, creation, and marketing of advanced compound semiconductor optoelectronic chips. It offers a diverse range of products, including high-brightness LEDs, blue-green semiconductor laser tubes, vertical cavity surface emission (VCSEL) photonic chips, and various types of photonic chips tailored for applications in laser display, laser lighting, and optical fiber communication. The company aims to support the semiconductor industry by providing high-quality hardware solutions that cater to the specific needs of manufacturers, ultimately helping to reduce costs while enhancing performance in areas such as data centers, cloud computing, and supercomputing.

Jingxin Microelectronics

Series A in 2023
Jingxin Microelectronics specializes in the development of communication and information security chips designed for new computing applications. The company's product portfolio includes various chips such as NRS1800, SDI3210, ESW5610, PRB0400 PCIe to SRIO, along with other related boards. These products are tailored to meet the high-speed data switching needs of critical industries including government, military, finance, energy, transportation, electric power, and telecommunications.

EPiCMEMS

Venture Round in 2022
Kaiyuan Communication Technology (Xiamen) Co., Ltd. is a specialized chip manufacturer based in Haicang District, Xiamen City. The company focuses on providing RF front-end solutions, developing advanced 4G+ and 5G RF filters and chips aimed at enhancing the domestic chip industry. With operational facilities in Zhangjiang, Shanghai, and sales and customer support centers in Shenzhen, Xi'an, and Beijing, Kaiyuan is positioned to serve the mobile device sector and the burgeoning Internet of Things (IoT) market. Its products are designed to deliver high-speed, high-quality connectivity, enabling users to experience faster and more stable connections in their devices.

Ling Yan Technology

Series A in 2021
Linkin Technology focuses on the two major business directions of intelligent IoT and 5G products and applications. Domestically and globally, it is committed to providing 5G innovative and intelligent products and services for individuals, families, enterprises, and governments. The company has a relatively complete product system including algorithms, modules, platforms, applications, and terminals, and has established in-depth strategic partnerships with many domestic and foreign operators, governments, industry customers, and upstream and downstream industry chain partners. The company was founded in 2018 and is headquartered in Hefei High-tech Zone.

Longcheer

Series B in 2021
Longcheer is a Shanghai-based company that specializes in providing design solutions for mobile telecommunications devices. Founded in 2002, it offers a comprehensive range of services, including hardware and software development, system testing, and exterior design. The company is involved in the research, development, and manufacturing of various terminals, such as smartphones, tablets, AI PCs, XR products, AIoT devices, and automotive electronics. Additionally, Longcheer manufactures, sells, and trades mobile handsets, printed circuits, data products, and related materials. Beyond its core technology services, Longcheer also engages in property investment activities.

Eigencomm

Series B in 2020
Eigencomm Ltd. is a Shanghai-based company established in 2017 that specializes in the research, development, and sales of cellular network internet chips. The company focuses on creating turnkey solutions for Internet of Things (IoT) ecosystems, particularly in the realm of smart home appliances. Eigencomm offers standard NB-IoT terminal chips that ensure comprehensive cellular data connectivity and extended standby durations, positioning itself as a key player in the cellular IoT market.

RadRock Tech

Series C in 2020
RadRock Tech Co. Ltd, established in Xiamen in early 2017, is a pioneering company in the field of radio frequency integrated circuit (RFIC) design. Specializing in high-performance power amplifiers and RFIC modules, RadRock Tech focuses on the development and manufacturing of products such as front-end power amplifiers, RF antenna tuner modules, and front-end RFIC modules. These products are crucial for advancing applications in smart mobility, including smartphones, NB-IoT, and Internet-of-Cars. By providing innovative RFIC and wireless communication solutions, RadRock Tech supports the domestic advancements of 4G, 5G, and Internet of Things (IoT) technologies.

Eigencomm

Venture Round in 2019
Eigencomm Ltd. is a Shanghai-based company established in 2017 that specializes in the research, development, and sales of cellular network internet chips. The company focuses on creating turnkey solutions for Internet of Things (IoT) ecosystems, particularly in the realm of smart home appliances. Eigencomm offers standard NB-IoT terminal chips that ensure comprehensive cellular data connectivity and extended standby durations, positioning itself as a key player in the cellular IoT market.

RadRock Tech

Series A in 2019
RadRock Tech Co. Ltd, established in Xiamen in early 2017, is a pioneering company in the field of radio frequency integrated circuit (RFIC) design. Specializing in high-performance power amplifiers and RFIC modules, RadRock Tech focuses on the development and manufacturing of products such as front-end power amplifiers, RF antenna tuner modules, and front-end RFIC modules. These products are crucial for advancing applications in smart mobility, including smartphones, NB-IoT, and Internet-of-Cars. By providing innovative RFIC and wireless communication solutions, RadRock Tech supports the domestic advancements of 4G, 5G, and Internet of Things (IoT) technologies.

Weibit Technology

Series A in 2017
Weibit Technology offers technologies, products, and solutions for the three major operators, mobile phone manufacturers, and SIM card manufacturers, empowering the communication industry chain. It has played a unique role and contributed to social issues such as fighting against the new crown epidemic, serving the public security anti-fraud center, and combating telecom fraud.

ASR Microelectronics

Series A in 2017
ASR Microelectronics (Shanghai) Co., Ltd. is a semiconductor manufacturer specializing in chips for mobile intelligent communication terminals, navigation, and various consumer electronics. Founded in April 2015 and headquartered in Shanghai's Zhangjiang Hi-Tech Park, the company develops products including smartphones, modems, and integrated system on chips (SoCs). ASR's research and development efforts are supported by teams based in the United States and South Korea, focusing on technological innovation across mobile communications, the Internet of Things, and smart handheld devices. The company boasts comprehensive capabilities in baseband platform development, particularly following its acquisition of Marvell's Mobile Business Unit in 2017, positioning itself as a key player in China's semiconductor landscape. ASR is dedicated to providing efficient technical support and product solutions across multiple communication standards, including 2G, 3G, and 4G technologies.

CVW

Series A in 2016
CVW is a provider of wireless video transmission solutions. They offer wireless video transmission solutions for a range of industries. They offer goods and services to customers. They research and development is to actively explore and encourage the commercialization of products in the areas of wireless transmission and video processing.

itourbag.com

Seed Round in 2016
itourbag provides telecommunication service for overseas communications.

Weibit Technology

Series A in 2016
Weibit Technology offers technologies, products, and solutions for the three major operators, mobile phone manufacturers, and SIM card manufacturers, empowering the communication industry chain. It has played a unique role and contributed to social issues such as fighting against the new crown epidemic, serving the public security anti-fraud center, and combating telecom fraud.

Bangyan Technology

Angel Round in 2014
Bangyan Technology Co., Ltd., established in 2000 and headquartered in Shenzhen, China, specializes in the research, development, production, sales, and services of communication and network equipment. The company offers a range of products, including gateway, server, and terminal communication equipment, as well as military information and communication devices. Bangyan provides comprehensive professional services, such as engineering survey, design, installation, debugging, testing, and full project management. Additionally, they offer aftersales services to ensure customer satisfaction.

Citic Shenzhen

Series B in 2013
Citic Shenzhen (中信太和) is a Chinese company that is specialized in communication electronic products, high-end consumer electronic products, and the research and development of GPS modules. The company’s main targets are Southeast Asian countries and Japan with products that include tablet computers, mobile phones, set top boxes, and more. The main products of the company also include high precision integrated plates, Tablet PCs, TD modules, GPS modules, and other high-end consumer electronics products, which are characterized by anti-interference, anti-static, anti-radiation, and multimedia function features. Citic Shenzhen is focused on pushing their products to international markets, possessing advanced level technologies in the domestic communication electronic industries.

Nanjing Shouwangxing IT

Venture Round in 2013
Nanjing Shouwangxing IT Co., Ltd. (守望星科技) is a Chinese company specialized in international software outsourcing and the development of internet hardware and software systems. The mobile internet (MI) department of the company covers all mobile terminal services and majors in Android mobile product development, IMS, VOIP, explorer, e-book, LBS, PIM, various mobile applications, App Store, App Market, OVI Store, Android digital frame, Android TV, and more. Shouwangxing IT primarily targets the Chinese, American, and European markets.

Digione

Series A in 2011
Digione is a Shenzhen-based company established in 2006 that specializes in providing terminal information services and developing e-commerce platforms for mobile phones. By promoting terminal channel reform with an internet-focused approach, Digione aims to create mutually beneficial relationships within the mobile terminal industry chain, collaborating closely with China Telecom, internet operators, terminal brands, and retailers. The company has successfully expanded its operations with 15 branches across China, establishing a robust nationwide marketing network. This includes partnerships with provincial branches of China Telecom and local retailers, allowing Digione to implement an effective channel marketing system supported by direct supply platforms in various provinces.

Union Cast Network Technology

Series B in 2011
Beijing Union Cast Network Technology Co., Ltd (广视通达) is a Chinese consolidated solutions and services provider of wideband video applications. The company is a technological innovation-oriented enterprise focused on streaming media, IPTV, interactive TV, and mobile TV. Meanwhile, it is also a streaming media service operator with considerable operating experience and resources. The company is focused on the development, application, and service of streaming media with independent intellectual property rights, and provides industries such as broadcasting and TV, telecom, enterprise, education, government sectors, and more, with video-oriented comprehensive solutions and applied software products. It also provides related information, consultation, and technical support services. The company has an energetic team of experienced professionals participating in the operation and management ranging from broadcasting and telecommunication industries. Since its establishment, the company has enjoyed a wide attention and support from broadcasting and telecommunication fields.

Lake Communications

Series A in 2010
Quanzhou Lake Communications Company Limited (雷克光微) is focused on the research and production of radio frequency technologies. It was founded in 1985 by a famous microwave expert, Mr. Zhuang Kunjie, from Southeast University. Currently, the total capital of the company is 400 million Yuan. Quanzhou Lake Communications covers an area of 660 thousand square meters with construction area of 36 thousand square meters, annual production capacity of over 1 billion Yuan and designed capacity of over 3 billion Yuan.

CertusNet

Series B in 2010
CertusNet (赛特斯网络科技) offers software development and experimental testing services for clients in China. Under the overall architecture of its intelligent network platform, CertusNet's business involves industries like triple play, the internet of things, smart grid, new energy vehicles, the IT operation and maintenance, and more. Main product lines of CertusNet include telecommunications (IPTV service quality guarantee system, IPTV user behavior analysis system, IPTV broadcast platform running security system, and online video monitoring service quality guarantee system), energy field (GSA grid intelligence network service guaranteed platform, grid transformable and distributive monitoring automatic system, CDW charging of auto services management platform and petroleum transmission pipeline monitoring system), and IT operation and maintenance (NSA web service quality management system).

Beijing Suplet Technology

Venture Round in 2010
Beijing Suplet Technology Co., Ltd. is a Chinese company established in 1995 that specializes in the research, production, and sales of high-reliability power products. The company focuses on supplying power solutions to demanding sectors such as aerospace, telecommunications, railway, and marine industries. Its product range includes DC/DC and AC/DC series converter module power supplies, switching power supplies, ringing generators, and customized power supplies tailored for specific applications like telecommunication and military electronics. Additionally, Suplet develops high-power solutions, including air-cooled and liquid-cooled power supplies, communication rectifiers, and embedded power systems, catering to the unique requirements of various industries.

C2 Microsystems

Venture Round in 2009
C2 Microsystems, Inc. manufactures media processor devices for the broadband delivery of rich media content over the Internet and private networks. The company develops programmable SOC, which includes a software package for networked digital home and mobile entertainment. It offers Jazz Architecture that supports the encoding and decoding of content using audio and video codecs in resolutions up to high definition; Jazz Software Development Kit, a Linux-based software package, which is used for the development of networked digital home and portable entertainment products; and CC1100 Media Processor, a software-programmable media processor SOC device for video entertainment applications. The company’s products are used in various applications, such as network media player, personal video recorder, digital picture frame, digital signage, IP camera, and Internet TV. C2 Microsystems, Inc. was founded in 2004 and is based in San Jose, California. It has sales offices in China, Germany, Japan, Korea, Taiwan, the United Kingdom, and the United States.

Shenzhen Sunway Communication

Series A in 2009
Shenzhen Sunway Communication Co., Ltd. is a high-tech enterprise based in China, specializing in the research and development, manufacturing, sales, and marketing of mobile terminal antennas and associated modules. Established in 2006, the company is recognized for its advanced technologies in the communication industry. Its primary offerings include mobile antennas, acoustic modules, precision metal parts, and connectors with high electromagnetic compatibility. These products are designed for a variety of consumer electronic applications, including smartphones, tablets, smart wearable devices, smart home technologies, and automotive systems. Additionally, Sunway Communication aims to expand its capabilities to support industries such as automotive and military sectors.

Beijing Mobile Multimedia

Series A in 2009
Beijing Mobile Multimedia Co., Ltd is a Chinese high-tech enterprise established in 2005, focusing on value-added services in mobile streaming media. The company specializes in providing wireless data services that include a range of distinctive streaming options such as entertainment, sports, and customized content for mobile phone users in China. With a strong emphasis on brand awareness and innovation, Beijing Mobile Multimedia leverages its advanced technology platform and an experienced team of professionals in telecom services, broadcasting media, marketing communication, and IT to develop its offerings. The company also operates a mobile video platform that delivers interactive video and entertainment services, positioning itself as a key player in the growing digital media landscape.

Itibia Technologies

Series A in 2008
Itibia Technologies (网经科技) is the provider of solutions for enterprise network integration system. It provides the professional products and solutions for the small and medium-sized enterprises in the world, based on the communication and IT systems technology integrated by phonetics, data, security, and application. Its flagship products ‘OfficeTen’ are the first network converged communication products integrating voice, data, security, and applications. The appearance of OfficeTen not only can greatly reduce the informationization cost of enterprises, making enterprises upgrade to a new operation era of network communication, but also will greatly promote the process of enterprise informationization, bringing new highlights to global medium and small-sized enterprises in the informationization construction. The products of the company include six series covering voice, data, security, terminal, network management, and converged product platforms.

Union Cast Network Technology

Series A in 2008
Beijing Union Cast Network Technology Co., Ltd (广视通达) is a Chinese consolidated solutions and services provider of wideband video applications. The company is a technological innovation-oriented enterprise focused on streaming media, IPTV, interactive TV, and mobile TV. Meanwhile, it is also a streaming media service operator with considerable operating experience and resources. The company is focused on the development, application, and service of streaming media with independent intellectual property rights, and provides industries such as broadcasting and TV, telecom, enterprise, education, government sectors, and more, with video-oriented comprehensive solutions and applied software products. It also provides related information, consultation, and technical support services. The company has an energetic team of experienced professionals participating in the operation and management ranging from broadcasting and telecommunication industries. Since its establishment, the company has enjoyed a wide attention and support from broadcasting and telecommunication fields.

Honglin Technology Group Limited

Series A in 2008
HL Technology Group (泓淋科技) provides cable assembling and related solutions for the fields of computer, consumer electronics, and communication. It provides signal line components, power line components, antennas, high frequency data cables, special cables, and automobile wire harness and wireless transmitting equipment. HL Technology Group has 10 subsidiaries, including Honglin Electronics Co., Ltd. in Weihai City, Dezhou Honglin Electronics Co., Ltd., Changshu Honglin Acquisitive Spray Wire and Cable Co., Ltd., Changshu Honglin Electronics Co., Ltd., Dezhou Jincheng Electronic Installation Co., Ltd., Huizhou Youte Electronics Co., Ltd., Shenzhen HongLin Communication Technology Co., Ltd., Taipei Honglin Technology Co., Ltd., and Chongqing Honglin Technology Co., Ltd., Huizhou Honglin Technology Co., Ltd. It has 8,000 employees in total and USD150million in registered capital.

Vtion Wireless Technology

Venture Round in 2008
Vtion Group is one of the three leading providers of wireless data card solutions for mobile computing over wide area networks in the People's Republic of China. Vtion Group is principally engaged in the development and sale of wireless data cards, including the provision of after-sales services. Vtion Group also offers data service solutions which are provided to customers in China by a related party based on exclusive service agreements with Vtion Group.

ChinaNetCenter

Series A in 2007
ChinaNetCenter is a leading Internet service and Content Delivery Network (CDN) platform provider. With over 3,000 customers across many industries, such as media, gaming, e-commerce, Internet portals, public sector, and leading consumer brands, ChinaNetCenter has the most coverage and customers in the industry of Internet data centers and content delivery in China. They provide their customers with solutions, such as content distribution and acceleration, server hosting and rental, and network optimization solutions. They have over 2,200 employees across four offices in China (Beijing, Shanghai, Guangzhou, and Shenzhen), eight subsidiaries globally, including United States and Hong Kong, and a R&D center in Xiamen. ChinaNetCenter holds the cross-province operation of a value-added telecom service (IDC, ISP) license issued by Ministry of Industry and Information Technology, the membership of Asia Pacific Network Information Centre (APNIC), and the membership of China Internet Network Information Center (CNNIC).

Coship Electronics

Series A in 2001
COSHIP Electronics Co., Ltd. (同洲电子), as China's largest and leading DTV industry, specializes in the research and development, manufacture, and marketing of DTV products, including DTV STB, interactive DTV system, IC, core software, satellite communication equipment, and coship cell phone and pad.

Shenzhen Winhap Communications

Venture Round in 2000
Shenzhen Winhap Communications Inc. (深圳市云海通讯股份有限公司) is a Chinese wireless network products and services provider. The company is engaged in the research and development, manufacture, and sales and services of mobile communications wireless coverage products. The company is focused on the development of independent intellectual property rights and self-owned brand businesses. The brand operated by the company, Yunhai WINHAP, has been widely recognized by the domestic telecommunications industry. It has formed a close cooperative partnership with major telecommunications operators such as China Unicom, China Mobile, China Telecom, and more. The main products of Winhap Communications include two categories named wireless optimization and radio frequency unit. Its main development orientation is integration and service.

LongShine Technology

Series A in 2000
LongShine Technology Co., Ltd., established as a Chinese joint-stock company, specializes in the electricity and energy sectors. It offers information technology research and development, technical consulting, and system operation management services tailored to global power and energy companies. LongShine's portfolio includes solutions such as electric vehicle smart charging systems, enterprise energy efficiency management platforms, wind power monitoring systems, intelligent substation technologies, and mobile payment services via Alipay. The company serves over 138 million electricity users worldwide, assisting them in navigating market changes and enhancing their energy supply reliability.
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