Che300
Founded in April 2014, Che300 is an independent third-party vehicle pricing and condition query service platform. The company provides one-stop services for key data in the automobile trading and financial industry chain, such as vehicle pricing and vehicle condition information, vehicle loan asset scanning analysis, pre-lending and post-loan big data risk control, financing transactions and managing vehicle disposals.
Che300 uses a powerful technical team, from data mining, data cleaning, modeling and output, which, when coupled with the AI ​​intelligent learning system, continually improves the accuracy of vehicle evaluation. Every day, 1 million vehicles pass the Che300 system evaluation, and the accuracy rate has exceeded 90%. Up to now, the cumulative number of calls for the evaluation system of the Che300 is about to exceed 3.5 billion, and the number of partners has exceeded 1,500.

Early stage investments

XINGSHI WANG

YQNLink(Growth stage)
YQNLink is a leading one-stop international logistics online service platform, offering comprehensive international logistics services including ocean freight, air freight, trucking services, customs clearance, warehousing, cargo insurance, port of destination services, etc. It is designed to apply the internet and digital technology to visualize and optimize cross-border supply chain logistics to achieve the same convenience as express delivery. YQNLink has completed the C round of financing and serviced more than 10,000 enterprises until now.

Early stage investments

YI CAO

YANG LIU

Growth stage investments

XINGSHI WANG

YANG LIU

LEADING IDEAL
Founded in 2015, Leading Ideal is committed to changing travel with technology to benefit more people. The Founder Li Xiang has over 10 years of experience in the automotive industry, and previously founded and led Autohome (NYSE: ATHM) public with a market capitalization of $10+ billion.
In October 2018, the smart electric car brand “Ideal Car” was unveiled, and the company released ONE, a luxury SUV, as the first of its intelligent electric vehicle series. ONE uses an extended range electric solution with a combined NEDC range of 800+ kilometers. It is fully equipped with intelligent systems, a four-screen smart interaction, and full-vehicle voice capabilities. Ideal ONE expects to commercialize and commence deliveries towards the end of 2019.

Early stage investments

XINGSHI WANG

RUNZE CHEN

YI CAO

Growth stage investments

XINGSHI WANG

RUNZE CHEN

YI CAO

Julive
Julive is the largest B2C new house trading platform in China. Since its official launch in 2015, Julive has been providing services to customers in 11 major cities, including Beijing, Shanghai, and others. With its large online database, experienced agents and highly standardized service processes, Julive provides better services and operates more efficiently than its competitors.

Early stage investments

XINGSHI WANG

YANG LIU

Growth stage investments

XINGSHI WANG

YANG LIU

Yimidida(Growth stage)
Established in 2015, Yimidida is the fastest-growing LTL company in China. With goals to become a customer preferred, logistics-based integrated service platform, it has pioneered a “network-crowdfunding + capacity-crowdsourcing” model, and has set up a national service network with 179 hubs, more than 3,800 routes and 10,000 depots. Yimidida has attracted numerous leading Venture Capital and Private Equity investments, such as GLP, Source Code Capital, Cathay Capital, CDH, CDB International, K2VC, SINO-OCEAN, HOPU and others.

Early stage investments

YI CAO

YANG LIU

Growth stage investments

XINGSHI WANG

RUNZE CHEN

Yihang.ai
Yihang.ai focuses on autonomous driving technologies, providing automakers with high reliability, high quality and cost-effective solutions. It is the first autonomous tech startup in China to receive mass production orders from OEMs. It is also a world industry leader. It is a tier-1 collaborator of sensory chip supplier Mobileye. The Yihang.ai team is proficient in artificial intelligence and in core algorithms, such as machine sensing, decision-making, control, and fault diagnosis. It brings together experts in the automotive industry and artificial intelligence. The team consists of domestic and foreign OEMs, Tier 1 suppliers, and top research institutions at home and abroad, including those educated from UC Berkeley, Cambridge and other reputable schools.

Early stage investments

XINGSHI WANG

YANG LIU

RUNZE CHEN

Zhongneng United
Founded in 2016, Zhongneng United Digital Technology Co. Ltd. is a B2B platform for construction equipment rental. The company’s existing fleet of nearly 10,000 units covers a variety of categories, such as scissor forklifts, straight-arm vehicles, curved-arm vehicles, and spider cars, meeting the construction needs of multiple fields across construction, industry, and commerce. The company relies on cutting-edge technologies such as big data, AI, and the Internet of Things to create a new intelligent industrial ecosystem, and is committed to becoming the world’s leading B2B service platform for engineering equipment.
In the future, through adopting an open platform strategy, the company plans to build upon its leading position in the engineering equipment rental market and bring its technology and services worldwide.

Growth stage investments

XINGSHI WANG

RUNZE CHEN

Casstime
Casstime, which focuses on "Auto parts search + Smart matching," is a leading auto parts trading platform in China. It provides services to 60,000 workshops in over 300 cities nationwide, and serves more than one million vehicles per month. Most of the core team members are from Huawei and Silicon Valley. Casstime evolves to build the technology infrastructure of the automotive aftermarket to improve the efficiency of the whole industry. At present, the business includes a procurement platform for workshops with full coverage of spare and maintenance parts, SaaS management system for workshops, supply chain finance, and other logistic services.

Growth stage investments

XINGSHI WANG

RUNZE CHEN

Qudian Group
Qudian Group (NYSE: QD), founded in March 2014, is a leading fin-tech company in China. The Company uses big data-enabled technologies, algorithmic simulations and technology services to create value for financial institutions, and help young consumers approach a better life. After its market debut on the New York Stock Exchange (NYSE) on October 18, 2017, Qudian launched its retail auto finance service, Dabai. Aimed at providing the “first car for young people,” Dabai enjoys great popularity in the market as it has completely transformed the auto retail and finance experience by its user-centric service, low down-payment requirements, and transparent and affordable fees.

Early stage investments

YI CAO

XINGSHI WANG

Growth stage investments

YI CAO

XINGSHI WANG

Meituan-Dianping
Meituan-Dianping is China’s largest e-commerce platform for a broad variety of local services, and uses technology to connect consumers and merchants. With its “We Help People Eat Better, Live Better” mission, Meituan-Dianping offers a one-stop platform to enhance consumers’ daily lives. It currently has a leading market position in many areas including restaurant reviews, catering and takeaway services, hotel, travel, beauty, parent-child activities, leisure and entertainment.
The company also aims to transform China’s service industry by providing merchants with a wide range of solutions, including targeted online marketing tools, cost-effective on-demand delivery infrastructure, cloud-based ERP systems, integrated payment systems, and supply chain and financing solutions. By leveraging AI technologies and innovation, Meituan-Dianping is empowering local consumers and transforming the entire service industry into a digital ecosystem.

Growth stage investments

YI CAO

XINGSHI WANG

RUNZE CHEN

Ruigushop
The MRO industrial product trading market has significant space for innovation and efficiency improvements. Ruigushop was formally established in 2015 and officially began its sales in 2016. Ruigushop is committed to reforming the supply chain of the traditional industrial internet market, bringing an efficient purchasing experience to each user. It has been deployed in more than 100 cities across China.

Early stage investments

YI CAO

XINGSHI WANG

RUNZE CHEN

XiaoYaoYao
XiaoYaoYao was founded in August 2015, and operates its main product, “Yao Help,” China’s leading B2B platform of pharmaceuticals wholesale and distribution. It is a major technology solutions provider for hundreds of thousands of Chinese pharmacies, clinics and other medical institutions. By combining the most advanced technologies with data-driven business models, XiaoYaoYao has focused on building an efficient and effective pharmaceutical distribution system in China. Its slogan sums up the company’s business: “Convenient and inexpensive purchasing, let Yao Help!”

Early stage investments

YI CAO

XINGSHI WANG

RUNZE CHEN

Growth stage investments

YI CAO

XINGSHI WANG

RUNZE CHEN