Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
NewMargin Ventures, established in 1999, is one of the earliest venture capital firms in China. Founded by Han Yuze, the firm has its roots in a collaboration between the Shanghai Government, the Chinese Academy of Sciences, and the Industrial Fund of the Economic and Trade Commission of the State Planning Commission. In 2006, NewMargin underwent a management buyout to adapt to the evolving equity investment landscape in China.
Currently, NewMargin Ventures manages over RMB 50 billion (approximately $4.8 billion) across more than 60 funds. The firm has invested in over 300 companies, achieving 19 IPOs and 1 unicorn, Panshi. NewMargin operates from multiple offices located in Beijing, Hangzhou, Shenzhen, Xinjiang, Hong Kong, and Singapore, allowing for a comprehensive presence in the Chinese market.
Over its two-decade history, NewMargin has established strong relationships with government and institutional limited partners, enhancing its investment capabilities. The firm has a notable track record of successful exits, including significant achievements such as AsiaInfo, which reached a valuation of $16.6 billion.
NewMargin Ventures employs a multi-stage investment strategy, targeting sectors such as IT, healthcare, advanced manufacturing, and sustainable growth technology. The firm invests in companies at various stages, from seed to growth equity, with check sizes ranging from $2 million to $30 million. This flexibility allows NewMargin to support innovative enterprises throughout their development.
The firm emphasizes investments in intelligent manufacturing, information technology, cultural media, renewable energy, mining, environmental protection, and biomedicine. NewMargin's investment thesis focuses on identifying high-potential companies that align with its value investment philosophy, particularly in the rapidly evolving Chinese market.
NewMargin Ventures seeks founders who demonstrate strong leadership and innovative thinking. The firm values companies that can leverage technology to create sustainable growth and address pressing market needs. Their deal structure preferences include a mix of equity and convertible instruments, often collaborating with other investors to maximize impact.
NewMargin Ventures has invested in over 300 companies, with 125 currently active in its portfolio. The firm has achieved notable exits, including:
Current portfolio highlights include:
Han Yuze - Founding Partner and Chairman. Han has extensive experience in venture capital and has led numerous successful investments since founding NewMargin Ventures.
Deng Xiaoyun - Managing Partner. Deng specializes in healthcare and technology investments, bringing a wealth of knowledge to the firm.
Tang Cheng - Managing Partner. Tang focuses on advanced manufacturing and sustainable growth technology, contributing to NewMargin's diverse portfolio.
Wang Xin - Managing Partner. Wang has a strong background in consumer products and media investments, enhancing the firm's sector coverage.
Huang Haiying - Managing Partner. Huang's expertise lies in industrial investments, providing valuable insights into the manufacturing sector.
Kang Hui - Managing Partner. Kang focuses on strategic partnerships and government relations, strengthening NewMargin's market position.
He Shigang - Managing Partner. He specializes in financial analysis and investment strategy, guiding the firm's investment decisions.
Wang Jianhui - Partner. Jianhui has a background in technology investments, contributing to the firm's focus on IT.
Chen Chen - Investment Partner. Chen focuses on sourcing new deals and managing portfolio companies.
Wu Meng - Investment Partner. Wu specializes in healthcare investments, enhancing NewMargin's capabilities in this critical sector.
Gu Jia - Investment Partner. Gu has experience in consumer and media investments, broadening the firm's sector expertise.
Lu Juntai - Senior Investment Analyst. Lu supports the investment team with market research and analysis.
Su Hongyue - Vice President. Su plays a key role in managing relationships with portfolio companies.
Yin Ting - Vice President. Yin focuses on operational support for portfolio companies, ensuring alignment with NewMargin's goals.
Zhao Hong - Vice President. Zhao specializes in financial management and reporting for the firm.
Han Yumei - Risk Management Director. Han oversees risk assessment and management for NewMargin's investments.
To pitch to NewMargin Ventures, founders should submit their proposals through the firm's website. The pitch deck should include a comprehensive overview of the business model, market analysis, and financial projections. NewMargin prefers detailed presentations that clearly outline the startup's value proposition and growth strategy.
Warm introductions are beneficial but not mandatory. Founders can expect a response within a few weeks after submission, allowing for timely feedback on their proposals.
On December 1, 2025, NewMargin Ventures made its latest investment, continuing its active engagement in the venture capital space. Over the past year, the firm has completed 15 investments, demonstrating its commitment to supporting innovative companies in China.
NewMargin Ventures has achieved a total of 19 IPOs and 1 unicorn, Panshi, solidifying its reputation as a leading venture capital firm in the region. The firm has also facilitated 4 acquisitions, showcasing its ability to identify and nurture high-potential companies.
What are NewMargin Ventures' investment criteria?
NewMargin Ventures invests in companies across various stages, from seed to growth equity, with a focus on sectors such as IT, healthcare, and advanced manufacturing. They typically invest between $2 million and $30 million.
How can I apply or pitch to NewMargin Ventures?
Founders can pitch their business ideas through the firm's website at NewMargin Ventures. It is advisable to include a detailed business plan and financial projections in the pitch deck.
What makes NewMargin Ventures different from other VCs?
NewMargin Ventures has a deep market presence in China, with seven offices and strong relationships with government and institutional LPs. This allows them to provide unique insights and support to portfolio companies.
What is NewMargin Ventures' geographic scope?
The firm primarily focuses on investments within China, leveraging its extensive local knowledge and network to identify promising opportunities.
What is NewMargin Ventures' post-investment involvement like?
NewMargin Ventures actively supports its portfolio companies through mentorship, operational guidance, and follow-on investment opportunities. They often take board positions to ensure alignment and provide strategic direction.
What is the typical response time for pitches?
Response times can vary, but founders can generally expect feedback within a few weeks after submitting their pitch through the website.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.