Hefei High-tech VC is willing to invest government money first in sectors private investors are still hesitant about, and it gives founding teams the right to buy back their shares at a fixed rate over time, having returned about RMB 1.8 billion to entrepreneurs this way; it also goes beyond just funding by helping companies with things like recruiting and, in at least one case, coordinating scarce chip supply during a shortage, and it combines investment with incubation support and a linked youth innovation loan program for companies in local incubators. By early 2026, its self-managed early-stage funds had invested in 230 companies, including 26 national-level "Little Giant" firms, 90 provincial specialized SMEs, and 149 high-tech enterprises, showing it plays a role in building up many early companies rather than just backing a few well-known ones.
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