# Evergreen Capital

> Evergreen Capital is a VC fund in Changning backing Manufacturing, Events and Gaming. See 5 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Changning, China
- Total investments: 5
- Last investment: Feb 2026
- Lead investor: 20%
- Last updated: Aug 2026
- Website: http://evergreencapital.com.cn/

Evergreen Capital is a VC fund in Changning focused on Manufacturing and Events. Evergreen Capital engaged in investment management.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 2 | 40% |
| Events | 1 | 20% |
| Gaming | 1 | 20% |
| Robotics | 1 | 20% |
| Aerospace | 1 | 20% |

12 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 3 | 60% |
| Seed | 1 | 20% |
| Angel | 1 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Shihang Intelligent | Shihang Intelligent is a company that creates water robots and intelligent unmanned equipment. It requires "the ability to fight in wartime and respond in emergencies, with a focus on independent research and development, production, and sales of water robots and intelligent unmanned equipment. The company focuses on surface/underwaterspecial operation robots and takes "being able to fight in wartime, respond in emergencies, and provide peacetime services" |  | Series A | Feb 09, 2026 |  |
| Wanxiang Electronics | Wanxiang Electronics is a real-time human-computer interaction and image compression transfer protocol. It provides support to the research and innovation of fundamental technologies such as wide-area transmission of graphics and images, fission and convergence graphics, and image rendering processing. | $13.9M | Series A | Feb 21, 2024 |  |
| Zhongke Tianta | Zhongke Tianta is a commercial aerospace platform company. | $14M | Seed | Nov 29, 2022 |  |
| Jieshang Health | Jieshang Health specializes in Ai moxa inhalation and wormwood moxibustion for cigarette products to control smoking. |  | Angel | Apr 26, 2022 |  |
| Shuimu Zhiyu | Shuimu Zhiyu is an intelligent AI system that provides chess and card services for chess and card game companies. They provide online and offline event management systems and can authorize external services. They focus on promoting the sports of entertainment, chess, and card competitions. | $1.4M | Series A | Apr 13, 2017 |  |

5 of 5 investments shown.

## Co-investors
- [36Kr](https://shizune.co/investors/profile/36kr) — VC Fund, 1 deal together
- [Anyu Capital](https://shizune.co/investors/profile/anyu-capital) — VC Fund, 1 deal together
- Capitech — VC Fund, 1 deal together
- [CAS Star](https://shizune.co/investors/profile/cas-star) — VC Fund, 1 deal together
- China Finance Shang — VC Fund, 1 deal together
- Chunxin Zhangying Investment — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

## FAQ

### What does Evergreen Capital invest in?

Evergreen Capital invests primarily in Manufacturing, Events and Gaming startups, most often at Series A and Seed stage. Most of the 5 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Evergreen Capital last invest?

The most recent investment recorded for Evergreen Capital closed in Feb 2026. Shizune tracks 5 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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