Since 2026, the home building materials industry has ushered in new developments. Listed companies have successively taken action, spending tens of millions or even tens of millions of yuan to participate in the establishment of industrial funds.
The investments of these funds are generally in cutting-edge technological directions such as high-end manufacturing and integrated circuits, as well as enterprises in high-tech fields that are in line with key national supports.
For example, Bunny participated in the establishment of Xinlan Zhiqi Venture Capital, which invested specifically in Shanghai Jijia Electronics; Jiangshan Oppein participated in Hangzhou Rongteng No. 3 Venture Capital Partnership and planned to invest 10 million
Yuan; Zhiou Home Furnishing subscribed 10 million yuan to jointly invest in the establishment of Changsha Quanzhong Venture Capital Partnership (Limited Partnership); Dongpeng participated in the investment of Deying Xingtu; Jianlin Home Furnishing participated in the Gongqingcheng Jinma Venture Capital Partnership, which has completed industrial and commercial registration.
These five companies participated in the establishment of industrial funds, with a total investment of more than 70 million yuan.
Behind this move, it reflects the dual considerations of “industrial operation + capital appreciation” by home building materials companies.
On the one hand, this is a financial investment that breaks through the boundaries of home building materials, anchors a forward-looking direction, and strives to obtain investment returns through the growth of the invested companies.
On the other hand, through new business layout, the company will establish new growth points for the future, hedge against fluctuations in traditional business, and improve the business structure to avoid the single risk of the home building materials business.
Let’s take a closer look at some of the investments of each company in 2026.
Dehua Bunny Investment Management Co., Ltd., a wholly-owned subsidiary of Bunny, signed the “Wenzhou Xinlan Zhiqi Venture Investment Partnership (Limited Partnership) Partnership Agreement” with Shanghai Yunmu Private Equity Fund Management Co., Ltd. Bunny Investment Company, as a limited partner, subscribed 10 million yuan, accounting for 49.9750% of the total subscribed capital.
The fund mainly invests in high-end manufacturing, integrated circuits and other industries, and will specifically invest in Shanghai Jijia Electronics in the form of equity investment.
Jiangshan Oppein invested 10 million yuan to participate in the establishment of Hangzhou Rongteng No. 3 Venture Capital Partnership.
The fund has a scale of 650 million yuan, and its investment scope is enterprises in high-tech fields that are in line with key national support.
Zhiou Home Furnishing, which focuses on foreign trade business, used its own funds to jointly invest in the establishment of Changsha Quanzhong Venture Capital Partnership (Limited Partnership) with its general partner and executive partner Suzhou Weilixin Venture Investment Management Co., Ltd. and other limited partners.
The partnership finally raised 970 million yuan, and Zhiou Home Furnishing’s subscribed capital contribution was 10 million yuan. After the completion of this fundraising, its proportion of subscribed capital in the partnership dropped from 1.23% to 1.03%.
Dongpeng Investment (Hainan) Co., Ltd., a wholly-owned subsidiary of Dongpeng, invested in Foshan Deying Xingtu Venture Capital Partnership (Limited Partnership). Deying Xingtu’s total investment was 134.412 million yuan, and Dongpeng Investment Company invested 20.06 million yuan, with an equity ratio of approximately 14.93%.
Jianlin Home Furnishings and Xiamen Zongheng Jinding Private Equity Fund Management Co., Ltd. signed the “Gongqingcheng Jinma Venture Capital Partnership (Limited Partnership) Partnership Agreement” and jointly funded the establishment of Gongqingcheng Jinma Venture Capital Partnership (Limited Partnership).
Jianlin Home Furnishing subscribed 24.99 million yuan, accounting for 99.96%. The underlying fund mainly invests in enterprises in high-end manufacturing, advanced technology and other fields.
There have been many cases of participating in investment funds in the past two years, and some companies have even made good profits from it.
This kind of strategic decision is necessary, the reality is very strong, and it may continue.
Home building materials companies that have some spare money in their hands are expected to use industrial funds to find new performance breakthrough points, and even gradually build a mature operating system after multiple rounds of investment, forming a two-wheel drive of “industry + capital”.
