# Sichuan Development Holding

> Sichuan Development Holding is a VC fund in Chengdu backing Manufacturing and Electronics. See 12 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Chengdu, China
- Total investments: 12
- Last investment: Sep 2025
- Lead investor: 67%
- Last updated: Aug 2026
- Website: http://sdholding.com

Sichuan Development Holding is a VC fund in Chengdu focused on Manufacturing and Electronics. Sichuan Development Holding Co. Ltd. is a diversified operation company

## Round sizes

| Stage | Round size |
| --- | --- |
| Series A | $5.9M–$21M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 4 | 33% |
| Electronics | 3 | 25% |
| Industrial | 2 | 17% |
| Advanced Materials | 2 | 17% |
| Industrial Engineering | 2 | 17% |

19 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series B | 4 | 33% |
| Series A | 3 | 25% |
| Series D | 2 | 17% |
| Series C | 1 | 8% |
| Funding Round | 1 | 8% |

6 stages tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Tianqing Sky | Tianqing Sky is an unmanned aerial platform developer, primarily involved in the development, and mass manufacture of advanced unmanned aerial systems. | $14M | Series A | Sep 28, 2025 |  |
| Zenitar | Baoling Bio is an innovative drug research and development and industrialization service provider. The company's research and development pipeline covers the research and development of innovative drugs such as tumors (solid tumors and hematomas), autoimmune diseases, and cytokine storms caused by new coronavirus pneumonia. | $52.9M | Series B | Aug 05, 2025 |  |
| Ammet | Ammet is a technological innovation enterprise focusing on new energy, new material product research. |  | Series B | Mar 27, 2025 |  |
| iSpace China | iSpace designs and develops commercial space shuttle. |  | Series D | Mar 11, 2025 |  |
| LEPS Technology | LEPS Technology is an oilfield technology company that focuses on key technologies for oil and gas exploitation, gathering and transmission oilfield chemical product sales, and services. |  | Series B | Nov 28, 2024 |  |
| LEPS Technology | LEPS Technology is an oilfield technology company that focuses on key technologies for oil and gas exploitation, gathering and transmission oilfield chemical product sales, and services. | $21.1M | Series A | Dec 28, 2023 |  |
| Intron Electronic Technology | Sichuan Intron Electronic Technology Co. manufactures circuit board production and testing equipment. Their products are used in communication networks, consumer electronics, automotive electronics, industrial control, optoelectronic lighting, power and energy, and other fields. They develop a company by covering R&D, production, sales ofcircuit boards from samples to batches, and printed circuits. | $21M | Series C | Dec 18, 2023 |  |
| Huaxingyu Electronics | Huaxingyu Electronics is committed to developing, manufacturing, and marketing printed circuit boards. |  | Corporate Round | Dec 15, 2023 |  |
| Huaxingyu Electronics | Huaxingyu Electronics is committed to developing, manufacturing, and marketing printed circuit boards. |  |  | Dec 14, 2023 |  |
| Weipin Technology | Weipin Technology is a 5G communication test and measurement general equipment developer. | $5.9M | Series A | Jan 12, 2023 |  |

10 of 12 investments shown.

## Co-investors
- [Canghai Capital](https://shizune.co/investors/profile/canghai-capital) — VC Fund, 2 deals together
- [Gaorong Capital](https://shizune.co/investors/profile/banyan-capital) — VC Fund, 1 deal together
- [Chengdu Science and Technology Venture Capital](https://shizune.co/investors/profile/chengdu-science-and-technology-venture-capital-group) — VC Fund, 1 deal together
- [China Capital Management](https://shizune.co/investors/profile/china-capital-management) — VC Fund, 1 deal together
- [China Reform Fund Management](https://shizune.co/investors/profile/china-reform-fund-management) — VC Fund, 1 deal together
- [Future Innovation Fund](https://shizune.co/investors/profile/future-innovation-fund) — VC Fund, 1 deal together

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## FAQ

### What does Sichuan Development Holding invest in?

Sichuan Development Holding invests primarily in Manufacturing, Electronics and Industrial startups, most often at Series B and Series A stage. Most of the 12 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Sichuan Development Holding's check size?

Sichuan Development Holding typically joins rounds of $5.9M–$21M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Sichuan Development Holding participates in.

### When did Sichuan Development Holding last invest?

The most recent investment recorded for Sichuan Development Holding closed in Sep 2025. Shizune tracks 12 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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