# Huafon Group

> Huafon Group is a VC fund in Ruian backing Banking, Finance and Hardware. See 4 investments, round sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Ruian, China
- Total investments: 4
- Last investment: Feb 2025
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://www.huafeng.com

Huafon Group is a VC fund in Ruian focused on Banking and Finance. Established in May 1991, Huafon Group is a private shareholding enterprise which specializes in chemical new material industries, and also enters other ancillary industries such as metal, finance, logistics and trade etc. With more than 11000 employees and total assets of 35.433 billion Yuan currently, Huafon Group sets up production bases in 11provinces and cities, owns 2 public companies, 3 featured financial companies and 7 national new high-tech enterprises. They have been the largest domestic manufacturer of polyurethane (PU) products. Huafon Group focuses in R&D, production of high quality chemical new material products, strives to make innovation for success of both clients and companies, and dedicates into the sustainable development. The Group is furnished with one National Enterprise Technical Center, one Industry R&D Center and two Provincial Research Institutes. Creating value for clients and bringing good life to human through innovation is their target!

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Banking | 1 | 25% |
| Finance | 1 | 25% |
| Hardware | 1 | 25% |
| Automotive | 1 | 25% |
| Health Care | 1 | 25% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Angel | 1 | 25% |
| Series A | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| China | 3 | 75% |
| Australia | 1 | 25% |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Shengjing Bank | Shengjing Bank is a Chinese commercial bank that operates in the corporate, retail, and treasury business banking segments. It provides a range of financial products and services to retail and corporate customers. These products and services include personal loans and deposit taking activities, bank card business, personal wealth managementservices, remittance and settlement services, and collection and payment agency services.The company was founded in 1997 and is headquartered in Shenyang, China. |  | Seed | Feb 13, 2025 | http://www.shengjingbank.com.cn/ |
| Yuanli Semiconductor | Yuanli Semiconductor develops and supplies an innovative AI computing power infrastructure. |  | Seed | Apr 09, 2024 |  |
| Nanochap | Nanochap is a biomedical technology developed through core chip research and development. They are regarded as one of the forerunners in the field of resolution artificial retina having been involved in the research of this cutting-edge technology since its inception. They enable clients to monitor human physiological parameters and efficientlyanalyze personal health status. | $2.9M | Series A | Dec 27, 2018 | http://www.nanochap.cn/ |
| DJCORP | DJCORP is an automotive product development company. | $425K | Angel | Oct 09, 2016 | https://www.dongjian.cc/ |

4 of 4 investments shown.

## Co-investors
- [CAS Star](https://shizune.co/investors/profile/cas-star) — VC Fund, 1 deal together
- [Innoangel Fund](https://shizune.co/investors/profile/innoangel-fund) — VC Fund, 1 deal together
- [Jilin Huahai Energy](https://shizune.co/investors/profile/jilin-huahai-energy) — VC Fund, 1 deal together
- [Liaoning Huibao International](https://shizune.co/investors/profile/liaoning-huibao-international) — VC Fund, 1 deal together
- [Luenmei Quantum](https://shizune.co/investors/profile/luenmei-quantum) — VC Fund, 1 deal together
- [Shanghai Changxin](https://shizune.co/investors/profile/shanghai-changxin) — VC Fund, 1 deal together

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## FAQ

### What does Huafon Group invest in?

Huafon Group invests primarily in Banking, Finance and Hardware startups, most often at Seed and Angel stage. Most of the 4 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Huafon Group last invest?

The most recent investment recorded for Huafon Group closed in Feb 2025. Shizune tracks 4 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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