Greenwoods Asset Management

Greenwoods Asset Management is an investment management firm established in 2004, located in Grand Cayman, Cayman Islands. The company specializes in managing funds that invest in a variety of mainland Chinese companies, including A shares, B shares, H shares, Red Chips, and ADRs. Greenwoods offers a range of investment vehicles, including international funds aimed at global investors and A-share trusts for qualified domestic investors in China. Its clientele consists of prominent institutional investors worldwide, including sovereign wealth funds, pensions, endowments, banks, insurers, investment banks, family offices, and high net worth individuals. The firm utilizes various investment strategies, including fundamental equity, long-short equity, sector-oriented, and long-only approaches, to achieve its investment objectives.

Jinzhi Jiang

Founder and Chief Investment Officer

Zhang Xiaogang

Managing Director and Co-Portfolio Manager

Leo Yuncheng

Partner and Co-Portfolio Manager

Joseph Zeng

Partner and Executive Director

Kiko Zhang

Investor Relations Manager

52 past transactions

Aqara

Series C in 2021
Aqara, a brand under Lumi United Technology Co., Ltd., specializes in smart home appliances and Internet of Things (IoT) solutions. Founded in 2009 and based in Shenzhen, China, the company develops a range of products designed to enhance home automation and security. Its offerings include multifunctional gateways, temperature and humidity sensors, smart sockets, motion sensors, door and window sensors, wireless switches, smoke alarms, and gas alarms. Aqara focuses on integrating industrial design with energy-efficient technology and advanced IoT software, aiming to deliver a seamless and intelligent home environment.

Medlander Medical Tech

Series A in 2019
Nanjing Medlander Medical Technology Co., Ltd designs and manufactures data algorithm medical systems for pelvic floor diagnosis and rehabilitation. The company offers pelvic floor surface electromyography (SEMG) analysis and biological feedback training system for abdomen muscle monitoring and analysis; biological stimulation feedback instrument for electric stimulation, kegel training, electrical triggering stimulation, cloud technology, and multimedia training services; Rightin, a pelvic floor muscle training instrument; Rightin Coach, a pelvic floor muscle rehabilitation instrument; and vaginal electrodes consumables. It also develops applications, including Rightin and Rightin Doctor for pelvic floor rehabilitation programs. The company was founded in 2013 and is based in Nanjing, China.

Chaodian Culture

Angel Round in 2018
Chaodian Culture

Urban Revivo

Series A in 2017
Urban Revivo is a private company engaged in retail brand clothing chain. The firm is based in China.

Yijiupi

Series C in 2016
Beijing Yijiupi E-Commerce Co., Ltd. is an online business-to-business trading platform specializing in liquor, food, and consumer goods. Founded in 2014, the company operates a mobile-based e-commerce platform and provides various services including supply chain and logistics management, retail chain management, and supply chain financing solutions. Initially focused on restructuring the wine supply chain, Yijiupi has expanded its offerings to include services for a broader range of beverages and food products. The company also provides warehouse and distribution sharing services, as well as offline retail chain solutions, aiming to enhance efficiency and accessibility in the market. Yijiupi is headquartered in Beijing, China, with additional operations in Wuhu, Anhui.

Malong Technologies

Series A in 2016
Malong Technologies, founded in 2014 and headquartered in Shenzhen, China, specializes in artificial intelligence applications utilizing advanced computer vision technology. The company caters primarily to large retailers, offering innovative solutions designed to enhance operational efficiency and security. Among its notable products are RetailAI Protect and RetailAI Fresh, which deliver cutting-edge loss prevention technology specifically tailored for retail self-service kiosks. Malong Technologies is recognized for its commitment to leveraging award-winning scientific research to develop state-of-the-art AI solutions that address the evolving needs of businesses globally.

Squirrel Ai Learning

Angel Round in 2016
Founded in 2014 and headquartered in Shanghai, Yixue Squirrel AI is the first K12 EdTech company which specializes in intelligent adaptive education in China and is the market leader. Yixue Squirrel AI is the first domestic adaptive learning engine based on the advanced algorithm and with the complete independent intellectual property developed by YiXue Education. Squirrel is the symbol for "agility, diligence and management." This aligns with the experience Yixue Squirrel AI provides for its students, to help them advance learning through the real-time adaptive system and cultivate good learning habits with practice.

Joyowo

Series B in 2016
Joyowo is an online human resources service platform that utilizes a Cloud+SaaS model to deliver a wide range of services aimed at improving labor management for small and medium-sized enterprises. The platform facilitates the online setup of social insurance and provident fund accounts, as well as online payments, tracking, inquiries, and transfers related to social insurance. Additionally, Joyowo offers comprehensive human resource services that include compensation management, commercial insurance, and personnel management. By providing these solutions, Joyowo enables enterprises to enhance the efficiency of their human resources processes, streamlining the management of employee benefits and compliance with regulatory requirements.

MXNavi

Series C in 2016
Shenyang MXNavi Co., Ltd. develops and supplies car navigation and geographic data processing technology. The company offers car and mobile navigation systems, data compilation systems, and inertial navigation technology. It serves original equipment manufacturers in China and internationally. The company was founded in 2008 and is based in Shenyang, China.

Dada Group

Series D in 2016
Dada-JD Daojia owns and operates an online crowdsourcing logistics portal. It also provides local instant delivery service. Philip Kuai founded Dada Nexus in 2014 that became New Dada in April 2016. New Dada has its headquarters in Shanghai in China. In April-2016, JD Daojia and Dada was merged to form Dada-JD Daojia.

iKongJian

Series B in 2015
iKongJian.com operates an online home renovation service platform that provides standardized apartment renovation services. It serves young and new home owners in China. The company was founded in 2014 and is based in Beijing, China.

Urban Revivo

Angel Round in 2015
Urban Revivo is a private company engaged in retail brand clothing chain. The firm is based in China.

Heitao

Series A in 2015
Shanghai Heitao Interactive Network Technology Co., Ltd. develops mobile and web games. It also produces Internet based movies and television series. The company was founded in 2014 and is based in Shanghai, China.

Hongjitang

Venture Round in 2015
Shandong Hongjitang Pharmaceutical Group Co., Ltd. researches, develops, manufactures, and supplies traditional Chinese medicine, health products, herbal extracts, and APIs. It offers cardiovascular, pediatric, breath, digestion, throat, urology, nourishing, anti-cancer, and other products in tablets, capsules, oral liquid bottles, pills, granular sachets, and other forms. Shandong Hongjitang Pharmaceutical Group Co., Ltd. was founded in 1999 and is based in Jinan, China.

Wozlla

Venture Round in 2015
Wozlla’s games are developed using a proprietary HTML5 IDE (Integrated Development Environment), a tool that the company is currently finalizing and will launch commercially globally.

XianyuGame

Series A in 2015
Shenzhen Galaxy Interactive Technology Co., Ltd. was established in late 2013, is a collection of research and development, operations, distribution as one of the integrated mobile game business. Headquartered in Shenzhen, Beijing, Shanghai and other places with wholly-owned subsidiary. The company owns the "Best Team", "Streetball Alliance", "The Biggest Dream of the Rabbit", with the launch of the brand salted fish game, the research and development of the brand time machine studio, the Sansi San studio, the e-sports brand WUCG League, "Streetball one to one" and other industries vertical sub-field benchmarking products.

Chenguang Medical

Post in 2015
Shanghai Chenguang Medical Technologies Co Ltd engages in research and development, production, and sales of the core hardware of medical imaging superconducting MRI equipment and special magnets in the field of scientific research. The company's product system covers hardware of superconducting MRI devices, including: RF detectors, superconducting magnets, gradient coils, RF amplifiers, gradient amplifiers.

LungLife AI

Series B in 2015
LungLife AI is a molecular diagnostics company that involves in the early detection and treatment of cancer. It uses machine learning and artificial intelligence to enable life-saving early diagnosis of lung cancer. The company focused on transforming cancer diagnosis and management through artificial intelligence (AI) enabled the molecular analysis of cancer biomarkers in blood. The company is developing tests that span all stages of lung cancer from aid in diagnosis for patients with early-stage disease to treatment stratification and monitoring in late-stage lung cancer. The company's diagnostic technology combined with machine learning and image analysis results in workflow efficiencies and improvement in performance. It was founded in 2008 and is headquartered in Thousand Oaks, California.

Lamabang

Series C in 2015
Lamabang, a Chinese social network and ecommerce company. Lamabang targets women at four different stages in their journey to parenthood: pre-pregnancy, pregnancy, childbirth, and early parenting. The original Lamabang website is a web portal with articles, forums, and a Weibo-style social network complete with a news feed. More than just parenting, topics range from fashion to healthcare to lifestyle.

Lutule

Series A in 2014
Lutule.com manufactures child safety seats. The company is based in Shanghai, China.

NOWCODER

Angel Round in 2014
NOWCODER develops a written test and interview database platform for IT programmers.

Juaicai

Angel Round in 2014
juaicai.cn offers an online financial and asset management platform. It offers risk control systems to protect its users’ assets. juaicai.cn was founded by Heng Ren in September 2014. It is based in Beijing, China.

Hupu

Series C in 2014
Hupu Sports (Shanghai) Media Co. Ltd is a sports commentary and news platform based in Shanghai, China, founded in 2007. The company operates a website that focuses on reporting and data analysis related to various sports news and events. By providing in-depth commentary and insights, Hupu has established itself as a prominent source for sports enthusiasts seeking timely updates and information.

Lamabang

Series B in 2014
Lamabang, a Chinese social network and ecommerce company. Lamabang targets women at four different stages in their journey to parenthood: pre-pregnancy, pregnancy, childbirth, and early parenting. The original Lamabang website is a web portal with articles, forums, and a Weibo-style social network complete with a news feed. More than just parenting, topics range from fashion to healthcare to lifestyle.

Jiaoer Waimai

Series A in 2014
Fast Food Chain Focused on Sichuan Cuisine

Fengchelicai

Angel Round in 2013
Fengchelicai is a P2P financial management platform.

QUANFENG EXPRESS

Series B in 2013
Beijing Quanfeng Express Co., Ltd. offers courier and express delivery services. The company delivers small parcels weighing less than 5 kg. It operates service points and logistic centers. The company offers its services in Beijing, Shanghai, and Guangzhou. Beijing Quanfeng Express Co., Ltd. was founded in 2010 and is based in Shanghai, China.

BGI Tech

Private Equity Round in 2012
BGI Tech Solutions Co., Ltd., founded in 2012 and headquartered in Shenzhen, China, is a leading biotechnology company specializing in advanced life sciences technology. The company offers a wide range of services, including bioinformatics, genetic testing, and agricultural genomics research. BGI Tech operates lab facilities in Hong Kong, Wuhan, and Sacramento, and has a global service network that spans over 100 countries and regions. With collaborations involving more than 10,000 organizations and 30,000 partners, BGI Tech supports numerous research projects, including large-scale international genome initiatives. The company is committed to developing integrated omics platforms and aims to address various challenges in health, agriculture, energy, and environmental sectors, thereby contributing to scientific advancement and improving societal well-being.

Woasis

Angel Round in 2011
Chongqing Woasis Communication Technology Co., Ltd is based in China.

Wellpartner

Series C in 2007
Wellpartner is a nationally recognized provider of pharmacy distribution solutions for health plans, Medicaid programs, and safety net organizations throughout the country. Dedicated to lowering the cost of medications, we offer innovative approaches that improve pharmacy care for individuals through the use of retail contract pharmacy services. We are the largest independent provider of contract pharmacy program services in the nation.

SOC Telemed

Series A in 2004
SOC Telemed, Inc. specializes in telemedicine technology and solutions for hospitals, health systems, and other healthcare providers across the United States. Established in 2004 and headquartered in Reston, Virginia, the company offers a technology platform called Telemed IQ, which supports a variety of telemedicine programs, including teleNeurology, telePsychiatry, and teleICU. By providing specialty consultations to acute-care hospitals, SOC Telemed enhances access to care and aims to improve patient outcomes while optimizing organizational efficiencies. The company boasts a network of experienced clinicians and has facilitated over 500,000 consultations, making it a prominent player in the telemedicine sector.