# HEHE Pictures Corporation Limited

> HEHE Pictures Corporation Limited is a VC fund in Shanghai backing Film and TV. See 2 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Location: Shanghai, China
- Total investments: 2
- Last investment: Jun 2016
- Lead investor: 50%
- Last updated: Sep 2026

HEHE Pictures Corporation Limited is a radio and television production and distribution company.

## Round sizes

| Stage | Round size |
| --- | --- |
| Angel | $455k–$3.1M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Film | 2 | 100% |
| TV | 1 | 50% |
| TV Production | 1 | 50% |
| Film Production | 1 | 50% |
| Media and Entertainment | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| BLACK ANT | Black Ant Films is a film production company. It offers film and television production services. They also conduct film festival programs. | $455.1K | Angel | Jun 21, 2016 | http://www.baf15.com/ |
| Joyway Drama | Joyway Drama provides action movies, romance movies, sci-fi movies, horror films, war movies, comedy movies, documentary movies, mainland movies, hongkong movies, taiwan movies, japan movies, south korea movies, european movies, american movies, and thailand movies. | $3.1M | Angel | Mar 01, 2016 | http://www.joywaydrama.com/ |

2 of 2 investments shown.

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## Featured in investor lists
- [Film Investors in China](https://shizune.co/investors/film-investors-china)
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## FAQ

### What does HEHE Pictures Corporation Limited invest in?

HEHE Pictures Corporation Limited invests primarily in Film, TV and TV Production startups, most often at Angel stage. Most of the 2 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is HEHE Pictures Corporation Limited's check size?

HEHE Pictures Corporation Limited typically joins rounds of $455k–$3.1M at Angel. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds HEHE Pictures Corporation Limited participates in.

### When did HEHE Pictures Corporation Limited last invest?

The most recent investment recorded for HEHE Pictures Corporation Limited closed in Jun 2016. Shizune tracks 2 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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