Luxin Venture Capital Group Co., Ltd.

Shandong state-backed venture capital firm that also makes industrial abrasives

What Luxin Venture Capital does

Luxin Venture Capital invests in private companies at every stage, from start-ups to firms preparing to go public, mostly in Shandong province and elsewhere in China. It also runs a manufacturing business that makes abrasives and grinding tools, such as grinding wheels, sandpaper and aluminum oxide grains, which factories use to cut, shape and polish metal and other materials.

How Luxin Venture Capital makes money

The company makes money from returns on its equity stakes in private companies, especially when they list or are sold, and from selling abrasive materials and grinding tools in China and abroad.

Products & services

• Private equity and venture capital investments
• Grinding wheels (rail, gear, tool, crankshaft and camshaft)
• Brown and white fused alumina
• Ceramic microcrystalline abrasives
• Abrasive cloth and paper
• Silicon carbide rods