Kunpeng Capital is a strategic fund management platform that focuses on deepening the reform of state-owned and state-owned enterprises, promote the development of state-owned enterprises, strengthen and excel, and assist the city's industrial transformation and upgrading. It is set up by the Shenzhen Municipal Party Committee and Municipal Government and was incorporated in June 2016. The company is dedicated to marketization, specialization, internationalization, and standardization business principles. It is driven by a mission of serving the reform, development, and innovation of Shenzhen's state-owned assets and state-owned enterprises, and the city's industrial transformation and upgrading, with the core positioning of M & A funds operation and long-term value creation as the core ability to provide comprehensive financial services for the city's SASAC to manage its capital well and promote the transformation and upgrading of state-owned assets and state-owned enterprises.