Li Auto
Founded in 2015, Li Auto (NASDAQ:LI) 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.
ONE, the company’s first smart electric car, is designed as a medium and large luxury SUV addressing family travel, and can sit 6-7 people. ONE uses an extended range electric solution with a combined NEDC range of 800+ kilometers. It is fully equipped with its four-screen smart interaction and Driving Assistance System, which bring a more intelligent, safe, and convenient driving experience.

Headquartered in Beijing, Li Auto has a self-built manufacture base in Changzhou. It is fully equipped with an integrated research and innovation center, test center, and sales/service network, and aims to provide customers with best-in-class driving experience, vehicle delivery, and maintenance service.

Early stage investments

XINGSHI WANG

RUNZE CHEN

YI CAO

Growth stage investments

XINGSHI WANG

RUNZE CHEN

YI CAO

BIREN TECHNOLOGY
Biren Technology was founded in 2019. The team is composed of core professionals and R&D personnel from the chip and cloud computing industry. As a designer and developer of intelligent processors intended for GPU and DSA computation architectures, they provide a unique insight in the industry.

The company aims to develop intelligent processors, establish an efficient software and hardware platform to provide integrated solutions in the field of intelligent computing. The company’s products will be used for cloud computing, artificial intelligence training, graphics rendering, and high-performance general-purpose computing to allow breakthroughs in the domestic high-end intelligent computing chips sector. Biren Technology aims to become a high-tech company with an international perspective, leading technology. It aims to participate in the formulation of future industry standards, providing powerful, flexible and efficient general computing solutions for all industries.

Growth stage investments

XINGSHI WANG

WEIHUA CAO

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

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

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

YUANBAO
Yuanbao is an internet insurance intermediary platform operated by Yuanbao Insurance Brokers (Beijing) Co., Ltd., which was officially launched in 2020. As a new technology-driven Internet insurance intermediary, Yuanbao is committed to providing users with high-quality health insurance products and services. It focuses on improving the anti-risk ability of Chinese families across multiple aspects.

Yuanbao has a national insurance brokerage license and cooperates with domestic well-known insurance companies to accurately match insurance products for “thousands of people and thousands of faces” as based on big data and AI technology, It provides one-stop support services, from health management, insurance consulting, intelligent underwriting and convenient insurance, to assisting in claims settlement. Several key products currently include medical insurance, critical illness insurance, and comprehensive accident insurance. Star products such as Yuanbao-Million Medical Insurance, Yuanbao-Huatai Comprehensive Accident Insurance, and Yuanbao-Million Anti-Cancer Insurance, have become a cost-effective choice for tens of millions of families nationwide in China.

Growth stage investments

XINGSHI WANG

LI GONG

Meituan
The mission of Meituan (3690.HK) is “We help people eat better, live better ”. As China’s e-commerce platform for services, Meituan (3690.HK) places its focus on the “Food+ Platform” strategy and always takes “eating” as the core of its businesses. Resorting to its advantages in scientific innovation, Meituan (3690.HK) joins hands with a vast number of merchants and diverse partners to offer consumers quality services and accelerate the digital upgrade of the life service industry on both demand and supply sides.

Officially listed on the Main Board of the Stock Exchange of Hong Kong Limited on September 20, 2018, Meituan (3690.HK) has always centered on customers and kept increasing investment in scientific R&D, thus better fulfilling its social responsibilities, creating more values for the society, and seeking win-win cooperation with all partners.

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