InnoVision Capital

Leader Environmental Technologies is a company focused on advancing municipal sludge management through innovative environmental protection systems. It specializes in the research, development, design, manufacturing, and installation of solutions for industrial waste gas and wastewater treatment. The company offers a comprehensive approach that includes advanced sludge pretreatment methods, continuous thermal hydrolysis, pyrolysis, and efficient energy recovery systems. In addition, Leader Environmental Technologies integrates artificial intelligence technology into water treatment processes and manufactures high-performance membrane products. Through these specialized systems and environmentally friendly practices, the company aims to reduce carbon emissions, achieve zero-waste discharge, and promote resource recovery, thereby transforming the landscape of waste management and environmental sustainability.

CATUG Biotechnology specializes in the development and application of innovative biomedical technologies, particularly in the realm of gene therapy and nucleic acid drugs. The company offers comprehensive contract development and manufacturing organization (CDMO) services that span the entire industry chain, from research and development to clinical applications and industrialization. With research and development centers and industrialization bases situated in Suzhou and Wuhan, CATUG is well-equipped to support the drug research and production needs of its clients.

Eswin specializes in integrated circuit (IC) application solutions across various sectors, including mobile devices, smart homes, smart transportation, and industrial IoT. The company manufactures 12-inch monocrystalline silicon polished and epitaxial wafers, which are essential for semiconductor production. Eswin is dedicated to optimizing advanced equipment and processes to produce high-quality, dislocation-free, ultra-flat silicon wafers, primarily utilized for logic chips, flash memory chips, dynamic random access memory (DRAM), image sensors, and display driver ICs. Additionally, Eswin offers rear-end IC packaging and testing services. The company operates research and development centers in China, the U.K., and South Korea, along with production facilities located in Xi'an, Chengdu, Hefei, and Suzhou.

GoGoX, established in 2013, is a pioneering app-based platform for intra-city logistics services in Asia, providing innovative and efficient delivery solutions. The company connects individuals and businesses with a network of thousands of drivers, facilitating real-time delivery needs and enhancing the overall delivery experience. Initially based in Hong Kong, GoGoX has expanded its operations to several countries including Singapore, South Korea, Mainland China, Taiwan, and India. The merger with 58 Suyun in 2017 significantly broadened its reach, allowing it to operate in over 300 cities and connect more than 8 million registered drivers. Offering a digital service that enables instant matching and real-time tracking, GoGoX caters to both business and individual users, ensuring a convenient delivery experience while providing drivers with valuable business opportunities.

Wuhan Neurophth Biotechnology Co., Ltd. is a pioneering ophthalmology gene drug research and development company based in Wuhan, China, established in 2008. It focuses on gene therapies for ocular genetic diseases, with a particular emphasis on Leber hereditary optic neuropathy (LHON), a condition caused by genetic mutations. Neurophth has made significant advancements in the field, completing the world's first clinical study of gene therapy for LHON in 2011, which involved nine patients and has since observed their progress over seven years. The company aims to develop effective treatments for various ophthalmic disorders, including degenerative optic nerve injuries and vascular retinopathy, thereby providing physicians with innovative therapeutic options for patients suffering from these conditions.

Uni-Ubi Co., Ltd., established in 2014 and based in Hangzhou, China, specializes in designing and developing face recognition products and platforms. The company offers a range of hardware products, including access control attendance terminals, visitor machines, and building visual intercom equipment, all equipped with human face recognition and video structuring capabilities. Uni-Ubi's Uface open platform, a SaaS-based service, provides developers with face detection, recognition, and comparison technology via API and SDK. Additionally, the company's AIoT platform incorporates face recognition technology for various scenarios such as face detection, gender and age analysis, and pedestrian detection. Uni-Ubi's solutions are designed to enhance security and efficiency in diverse settings like offices, schools, and construction sites, contributing to the development of smart cities.

Kedu Healthcare Tech is one of China's leading independent providers of medical equipment services. The company specializes in the maintenance and management of medical devices, offering comprehensive monitoring and repair services for impaired hospital equipment. By ensuring the reliability and functionality of essential medical devices, Kedu Healthcare Tech supports hospitals and healthcare-related enterprises in delivering high-quality care. Its focus on supply chain management further enhances operational efficiency within the healthcare sector, making it a vital partner for medical facilities in China.

hqwx.com is a vocational education company that specializes in qualification certification and vocational skills training. hqwx.com provides high-quality products and services in the fields of vocational qualification examination, vocational skills training, and online and offline future education colleges, covering construction engineering, fire safety, accounting, and finance. It creates a lifelong learning platform for employment and career advancement with the concept of student-centered, quality-oriented, and innovation-driven, and helps more people make their future better.

GoGoX, established in 2013, is a pioneering app-based platform for intra-city logistics services in Asia, providing innovative and efficient delivery solutions. The company connects individuals and businesses with a network of thousands of drivers, facilitating real-time delivery needs and enhancing the overall delivery experience. Initially based in Hong Kong, GoGoX has expanded its operations to several countries including Singapore, South Korea, Mainland China, Taiwan, and India. The merger with 58 Suyun in 2017 significantly broadened its reach, allowing it to operate in over 300 cities and connect more than 8 million registered drivers. Offering a digital service that enables instant matching and real-time tracking, GoGoX caters to both business and individual users, ensuring a convenient delivery experience while providing drivers with valuable business opportunities.

Triastek Co. Ltd., established in 2015 and headquartered in Nanjing, China, specializes in the manufacturing of 3D printed pharmaceuticals and related medical equipment. The company offers a range of drugs, including blockbuster and orphan drugs, along with complex drug delivery technologies. Triastek's portfolio includes 3D drug printing services, such as formulation design, equipment, and development methods, with patents secured in key global markets like China, the US, Europe, and Japan. Notably, the company owns Melt Extrusion Deposition (MED), a universally applicable 3D printing technology for solid formulations. Triastek's mission is to revolutionize drug delivery, development, and manufacturing through its proprietary 3D printing technology.

Qutoutiao Inc. is a prominent mobile content platform in China, focused on the distribution, consumption, and sharing of light entertainment content. Founded in 2016 and headquartered in Shanghai, the company operates its flagship mobile application, Qutoutiao, which aggregates articles and short videos from various content providers, delivering real-time customized feeds to users based on their profiles and behaviors through an AI-driven recommendation engine. This innovative platform not only enhances user engagement but also promotes knowledge exchange within society. In addition to Qutoutiao, the company offers Midu Novels and Midu Lite, mobile literature applications that provide users with free literature supported by advertising. Qutoutiao employs a gamified loyalty program that rewards users for engagement and referrals, further strengthening user retention and optimizing content recommendations. As the second-largest mobile content aggregator in China, Qutoutiao continues to leverage technology to elevate the user experience and foster a vibrant content ecosystem.

JD.com, Inc., based in Beijing, is a leading e-commerce company in China, operating through its subsidiaries. It offers a wide array of products, from electronics and apparel to food and healthcare items, through its website and mobile apps. JD.com is notable for its extensive logistics network, JD Logistics, which provides efficient and reliable delivery services. The company also operates JD Health, a prominent online healthcare platform offering pharmaceuticals, medical supplies, and online consultations. JD.com's unique selling proposition lies in its self-operated logistics network, ensuring speedy and reliable delivery, and its commitment to providing authentic products. As of 2022, JD.com's gross merchandise volume (GMV) was comparable to Pinduoduo's, but still lower than Alibaba's.

KE Holdings Inc., known as Beike, operates a comprehensive platform for housing transactions and services in China, enhancing the user experience through both online and offline channels. Founded in 2001 and headquartered in Beijing, the company facilitates a range of housing-related transactions, including the sale and rental of existing and new homes, home renovation, and real estate financial solutions. Beike operates through its branded Lianjia stores in major cities like Beijing and Shanghai, while also collaborating with various third-party agencies, including franchise partners. The platform aims to create a high-quality ecosystem for real estate services, supporting over 100,000 property agents and reaching more than 200 million households. Additionally, Beike has expanded its offerings internationally, providing services for Chinese families seeking overseas properties across 11 countries. The company's growth strategy includes plans to cover over 300 cities in China and build a robust network of accredited partners.

Channelsoft (Beijing) Technology Co., Ltd. is a prominent provider of communications software products and services in Mainland China, founded in 2000 and headquartered in Beijing. The company specializes in telecom value-added service platforms and call center platforms that cater to various sectors, including telecommunications, finance, government, post, and media. Channelsoft is recognized for its strong research and development focus on technologies that integrate communications, computer, and cable television networks. As a leader in the domestic market, the company offers solutions for creating, deploying, managing, and operating value-added business and interactive services, as well as promoting trans-platform solutions to unify multiple networks.

Uxin Limited is a Beijing-based investment holding company that operates a used car e-commerce platform in China. Founded in 2011, Uxin provides a comprehensive suite of services through its Uxin Used Car and Uxin Auction applications. The Uxin Used Car platform offers consumers personalized car recommendations, financing options, title transfer, delivery, insurance referrals, and warranties. Meanwhile, Uxin Auction caters to business buyers by facilitating vehicle sourcing through online auctions. Additionally, Uxin supports used car transactions and connects buyers with third-party financing partners for their purchases. The company aims to streamline the used car buying process and enhance the overall customer experience in the automotive market.

Lianjia offers real estate brokerage services. It operates online based real estate services platform which covers secondary residential property transactions, new property transactions, leasing and decorating services.

China UnionPay Merchant Services is a prominent provider of payment solutions in China, specializing in services for China UnionPay-labeled cards. Established in 2002 and headquartered in Shanghai, the company caters to a diverse clientele, including cardholders and businesses, by facilitating secure financial transactions. As a subsidiary of China UnionPay, it focuses on integrated payment services across various platforms, including offline, internet, and mobile transactions. The company is dedicated to supporting the real economy, particularly small and micro enterprises, by offering innovative financial solutions such as its B2B inclusive financial service platform, "Tiantianfu," which addresses the financing challenges faced by these businesses. Through its comprehensive approach, China UnionPay Merchant Services enhances payment security while ensuring efficient fund transfer for merchants.