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CATL, TENCENT Reportedly Join Stakes in Boyu New Intelligence New Industry Fund, Increasing Investment to RMB4B
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Boyu New Intelligence New Industry (Ningbo) Equity Investment Partnership (Limited Partnership) (literal translation of "博裕新智新產(寧波)股權投資合伙企業(有限合伙)") recently added CATL, Shenzhen Tencent Industrial Investment Fund, Chongqing Weipinhui Investment, and Beijing POP MART Culture and Creative Company as partners, Chinese media reported, citing information from Qichacha. The investment amount increased from RMB2 million to RMB4.001 billion.

Boyu New Intelligence New Industry Fund was established in 2025, with Boyu New Intelligence (Shanghai) Private Equity Fund Management (literal translation of "博裕新智(上海)私募基金管理") as the executive partner, data showed.

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The fund mainly invests in growth and mature stage companies in the technology, healthcare, consumer goods, and retail sectors. After the capital increase, the investment scale expanded by nearly 2,000 times.
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