Analysis: Tencent is the most active CVC investor in China, followed by Xiaomi and Lenovo.

February 25, according to the 2022-2023 China New economy Venture Capital Analysis report, in the 2022 active CVC list, in addition to the common Internet companies such as BAT Meituan, we can also see some state-owned enterprises, such as SAIC, BAIC and Lenovo.

Tencent investment

millet

Lenovo venture capital

SAIC Group

Baidu

BYD

GAC GROUP

Byte beat

Huawei

Country Garden Venture Capital

Haier Group

Alibaba

IFLYTEK

BAIC production and investment

bilibili

Meituan

Xilai Capital

Ningde era

TCL venture capital

OPPO

In addition, among the non-Internet private enterprises on the investment list, especially the companies in the upper and lower reaches of the new energy vehicle industry chain are more eye-catching, including BYD Xilai Automobile, Ningde era and so on. In addition, mobile phone manufacturers OPPO and AI voice technology manufacturer iFLYTEK, real estate developer country Garden, and home appliance group Haier also have some outbound investment in 2022.

From the perspective of investment volume, Tencent is a well-deserved investment predator. Although its investment shrank significantly in 2022, it still sits firmly on the CVC investment throne for many years. Xiaomi, which ranks second, is becoming more and more familiar with the road of investment.

It can be seen that the investment of large Internet companies is shrinking in 2022, being ahead of the giants of the physical industry. The restrictions of policy on Internet platform and virtual economy are some of the influencing factors.