Founded in 2006, Bohai Industrial Investment Fund Management is a state-owned investment platform that operates in line with market practices. With a focus on the Chinese financial sector, the company draws on international models and successful fund management experiences. Its shareholders include prominent state-owned enterprises and it has established a strong corporate governance structure to ensure investment decisions are made with market practices and risk control in mind. The company has invested in various industries, including social networks and enterprise software, and has been actively involved in funding rounds with an average of 9 participants. While the fund has a relatively low number of deals per year, it has been involved in significant investments, with deals exceeding $100 million. Notably, the fund's most active year was in 2018, and it has achieved successful exits, particularly in 2019.