Xianghe Capital

Sand AI is an AI company that focuses on producing videos.

Zhihang Zhong is a prominent researcher in the field of artificial intelligence, particularly known for his work on integrating spatial perception and reasoning into AI systems.

Yin Gong Technology develops energy storage technology. It is an innovative battery technology developer in the green technology field.

EdgeRock offers an automotive integrated brake-by-wire system. EdgeRock supplies highly integrated capabilities for big and heavy load technologies.

Zhongke Kele offers high-end polyolefin catalysts and materials.

Geyuan New Materials develops high-performance silicon-based anode materials. The company is committed to the large-scale development and manufacturing of high-performance silicon-based anode materials, with a focus on the industrialization of porous carbon, vapor deposition equipment, and new silicon-carbon anode materials.

Yunmanman Lengyun is a cloud computing, big data, mobile Internet and artificial intelligence based domestic freight dispatching platform.

Acry is a manufacturer of Coriolis mass flow meters, focusing on research, development, production, and sales. They offer a standardized product matrix for various application scenarios, including cryogenic, high temperature, high pressure, corrosion resistance, and sanitary grade.

Okawa Electric is a supplier of core components for electric power-assisted bicycles.

PhiGent Robotics specializes in autonomous driving solutions by developing advanced technologies that enhance vehicle safety and navigation. The company focuses on artificial intelligence-driven visual imaging and 3D vision radar systems to improve the performance of autonomous driving sensors. By leveraging these cutting-edge technologies, PhiGent Robotics aims to accelerate the advancement of mid-to-high-level autonomous driving capabilities, contributing to the evolution of the transportation industry.

Mogulinker Technology (Shenzhen) Co., Ltd. is a software-as-a-service (SaaS) provider specializing in the post-industrial equipment market. Founded in 2016 and based in Shenzhen, China, the company develops a range of products including hardware, software, and cloud service platforms. Mogulinker focuses on sectors such as electromechanical equipment, elevators, base station operation and maintenance, and finance leasing. The company utilizes mobile Internet of Things (IoT) technology to enhance operational efficiency, reduce costs, and improve revenue for its clients. Its key offerings include Mogu BOX, Mogu CLOUD, and Mogu RING, all designed to support its customers in achieving greater competitiveness in their respective industries. Mogulinker prides itself on its independent development and ownership of intellectual property rights.

Huashen Zhiyao is a biotechnology company that accelerates novel drug discovery for unmet medical needs. Huashen Zhiyao develops an AI drug development platform and antibody engineering experiment platform to provide researchers with intelligent systems for microscopic molecular calculation, simulation, and design, committing to improving the speed and efficiency of new drug development.

Founded in 2015 by Sang Wenfeng, Sensors Data specializes in big data analysis services and user behavior insights. The company has developed an analytics platform that offers eight analysis models for comprehensive cross-analysis, allowing clients to deeply understand user behavior, evaluate marketing effectiveness, and enhance product experiences. Sensors Data serves over 300 clients, including notable companies like Ofo, a bike-sharing service, Keep, a fitness app, and Miaopai, a video-sharing platform. Through its professional consulting services, Sensors Data aims to improve operational efficiency and provide valuable insights into user behaviors for its diverse clientele.

Zhiyi Tech develops a supply chain platform for intelligent clothing design. They offer services for digitalized trend forecasting, design selection, and supply chain organization. They provide clothing companies with core functions such as fashion trend prediction, design empowerment, and style recommendation, and expand to the downstream of the industrial chain via the SaaS portal, providing one-stop design and flexible production supply chain platform services.

Data Grand specializes in text processing technology and intelligent office robot services, offering a range of solutions aimed at enhancing business efficiency across various industries. Their services include a text mining engine, intelligent recommendation systems, knowledge graphs, smart document reviews, and advanced search systems. Additionally, Data Grand provides tools for customer opinion insights, optical character recognition, and robotic process automation. By employing cutting-edge technologies such as natural language understanding and generation, the company enables users to efficiently extract, review, and search information from extensive databases. This focus on intelligent software systems helps enterprises improve their data mining capabilities while ensuring compliance and safety.

Guandata is committed to the philosophy of “AI+BI makes decisions more intelligent” and is committed to providing next-generation data analytics and business intelligence (BI) solutions to new retail, new finance, pan-Internet and integrated group customers.

DataStory is a big data and AI intelligent business application provider.

Ractigen Therapeutics is an early-stage pharmaceutical company focused on developing first-in-class therapies that aim to selectively restore the expression of therapeutic genes silenced in diseased cells. Utilizing a groundbreaking technology known as RNA activation (RNAa), which originated from research at the University of California San Francisco, Ractigen is working on a diverse pipeline of candidate medicines targeting various conditions with significant unmet medical needs. The company’s innovative approach addresses diseases related to inadequate gene expression, concentrating on key therapeutic areas such as central nervous system disorders, tumors, liver diseases, and ophthalmic conditions. By leveraging its unique technology and a portfolio of innovative patents, Ractigen strives to deliver effective treatment options to patients.

Lingxing is a cross-border e-commerce SaaS service provider of ERP functional software products and solutions.

Huashen Zhiyao is a biotechnology company that accelerates novel drug discovery for unmet medical needs. Huashen Zhiyao develops an AI drug development platform and antibody engineering experiment platform to provide researchers with intelligent systems for microscopic molecular calculation, simulation, and design, committing to improving the speed and efficiency of new drug development.

Jiepei.com Inc. is an online marketplace based in Hangzhou, China, specializing in the manufacturing of printed circuit boards (PCBs) and related electronic components. The company operates Jieji Extreme Speed PCB Super Factory, which aims to create a collaborative platform for the electronic information industry. Jiepei.com focuses on various sectors including consumer electronics, communications equipment, industrial control, instrumentation, intelligent hardware, and the Internet of Things. It offers professional one-stop services such as PCB customization, surface mount technology (SMT), and component distribution, catering to manufacturers in the electronics field.

BioMap, founded in 2020 by Robin Li and Wei Liu, is an innovative life science AI company that has developed xTrimo, the largest protein-centric large language model platform. The company's technology enables scientists to model biological processes with greater accuracy, focusing on proteins and extending to system-level interactions. By leveraging limited data, BioMap facilitates the extraction of novel insights and predictions, addressing significant challenges in protein-related drug development. With a diverse team of over 300 experts, BioMap aims to enhance the effectiveness of new drugs, ultimately striving to improve patient outcomes in the healthcare sector.

Sinbad's supply chain (辛巴达供应链/爱的蜜吻) provides supply chain management services for small and medium-sized businesses. Its portfolio of services includes raw material purchasing, flexible and small batch production, mass customization, integrative storage delivery of the checked products, supply chain financing, and more. Based on many years of service for Rose Madame, Pigeon, Dilin, and other Japanese brands, the flexible supply chain of Sindbad develops production supply chain service which specially serves for domestic clothing e-business. It changes traditional apparel supply chain into internet-enabled business, and provides flexible production services for clothing retailers and whole sale enterprises.

YunQuNa is an online portal that offers logistics trading and services on a global scale. It provides logistics price inquiry, cargo space booking, customs clearance, logistics tracking, cargo handling and insurance.

IPLUSMOBOT is one of the global leading companies in the autonomous mobile robot field, ranking the first of China industrial logistics natural navigation AMR market occupancy. IPLUSMOBOT was founded in 2016, whose headquarter is in Hangzhou and its subcompany have been established in Shenzhen and Tokyo. It provides logistics automatic, digital and intelligentized products to manufacturing industry, and helps enterprises increase the configuration efficiency of production and circulation resources, and integrated operation efficiency and benefits. So far, IPLUSMOBOT has served over 1000 customers, and the business scenes cover such industries as semiconductor, FPD, electronics, Lithium battery, photovoltaic, automobile, aviation, household electrical appliances, pharmaceutical, energy, food industry and so on.

Shumei Technology is a private company established in 2015, headquartered in Wangjing, Beijing, China. It specializes in providing solutions for financial and online fraud using artificial intelligence and data analytics. The company focuses on business risk control, offering services that leverage software as a service (SaaS) and big data to help organizations mitigate risks associated with various financial activities. Through its AI-driven products and services, Shumei Technology aims to enhance security and efficiency for its clients in managing potential threats and vulnerabilities.

Aqrose Technology Co., Ltd., founded in 2017 from the AI Lab of Tsinghua University, specializes in the application of advanced artificial intelligence and machine vision technologies in industrial settings. The company provides a range of products, including its standardized intelligent industrial vision platform AIDI and the AIPICK intelligent inspecting and sorting robot, which utilize 3D vision technology for automation. Aqrose's solutions support various sectors such as consumer electronics, automotive, new energy, pharmaceuticals, semiconductors, and logistics, enhancing manufacturing processes and product quality. With deployments in over 100 factories, including leading enterprises in advanced manufacturing and smart logistics, Aqrose is committed to empowering its clients through innovative technology.

Huolala offers logistics services, moving, less-than-truckload, car rental and sales, and after-car services. Founded in 2013 and grown in the Guangdong-Hong Kong-Macao Greater Bay Area.

Aqrose Technology Co., Ltd., founded in 2017 from the AI Lab of Tsinghua University, specializes in the application of advanced artificial intelligence and machine vision technologies in industrial settings. The company provides a range of products, including its standardized intelligent industrial vision platform AIDI and the AIPICK intelligent inspecting and sorting robot, which utilize 3D vision technology for automation. Aqrose's solutions support various sectors such as consumer electronics, automotive, new energy, pharmaceuticals, semiconductors, and logistics, enhancing manufacturing processes and product quality. With deployments in over 100 factories, including leading enterprises in advanced manufacturing and smart logistics, Aqrose is committed to empowering its clients through innovative technology.

Rokae specializes in the research, development, production, and application of lightweight industrial robots and advanced robot control systems aimed at enhancing industrial automation. The company focuses on delivering high-performance robotic products and interactive control systems across various sectors, including computing, communications, consumer electronics, textiles, food, medicine, and automotive manufacturing. By emphasizing independent research and development, Rokae aims to provide tailored hardware and integrated application solutions that add significant value for high-end manufacturers.

Tongcheng Life is a community O2O group purchase service platform. With the community as a unit, it establishes a community sales office and completes offline delivery. The platform provides supply, logistics, storage and after-sales support. It mainly provides primary edible agricultural products, food, daily necessities, flowers and gardening, and crafts. , Beauty products and other services.

Sandstone is a provider of next-generation data storage solutions, specializing in software-defined storage systems that assist enterprises in transitioning from traditional storage to cloud environments. The company's offerings include a unified storage platform, mass object storage, and an ultra-fusion machine, all designed to address the complexities of data storage, traffic, and management. By focusing on storage virtualization and computation virtualization, Sandstone aims to create a robust cloud computing infrastructure. Additionally, the company is involved in data processing, mining, analysis, and intelligence, catering to the growing demands of big data systems and services.

Zuoyebang is an online education startup based in Beijing, China, founded in 2014 by Hou Jianbin. The company focuses on providing educational products and services for primary and high school students, utilizing artificial intelligence to enhance learning experiences. Its platform allows students to upload homework questions and seek answers, making it easier for them to tackle study-related challenges. In addition to homework assistance, Zuoyebang offers online courses, live lessons, and evaluations for students from kindergarten through 12th grade. The company has gained significant backing from prominent investors, including Baidu, Alibaba Group, Tiger Global Management, SoftBank Vision Fund, Sequoia Capital China, and FountainVest Partners.

Mancando is an automotive parts supplier based in Guangzhou, Guangdong, China, established in August 2015. The company specializes in providing a comprehensive range of car wearing parts essential for auto repair factories. Its product portfolio includes components for lubrication, braking, wiper, filtering, ignition, timing, and lighting systems. By integrating traditional auto parts management with internet and platform management, Mancando offers an innovative approach that allows customers to access all necessary automotive products from a single source.

Founded in 2015 by Sang Wenfeng, Sensors Data specializes in big data analysis services and user behavior insights. The company has developed an analytics platform that offers eight analysis models for comprehensive cross-analysis, allowing clients to deeply understand user behavior, evaluate marketing effectiveness, and enhance product experiences. Sensors Data serves over 300 clients, including notable companies like Ofo, a bike-sharing service, Keep, a fitness app, and Miaopai, a video-sharing platform. Through its professional consulting services, Sensors Data aims to improve operational efficiency and provide valuable insights into user behaviors for its diverse clientele.

Shanghai HotSpot Catering Management Co., Ltd. is a catering company established in 2008 and based in Shanghai, China. The company operates two central kitchens located in the Shanghai Nanhui Industrial Zone and Jinqiao, covering an area of approximately 3,000 square meters. HotSpot specializes in providing comprehensive catering solutions, including food distribution, on-site canteen hosting, and restaurant operations tailored for various clients such as industrial parks, manufacturing services parks, and commercial office buildings. With the capacity to serve 40,000 meals per day, HotSpot aims to enhance the dining experience through intelligent management systems, innovative space design, and a commitment to social responsibility, all while integrating specialty cuisines into its offerings.

DataCanvas is a data analysis service platform based in China, specializing in automated data science solutions for data scientists and AI practitioners. The company leverages advanced technologies in big data, artificial intelligence, and machine learning to offer a comprehensive development platform. This platform facilitates the intelligent transformation of businesses and governments by providing essential tools for data management and model implementation. DataCanvas aims to support organizations in effectively coordinating development efforts and enhancing their analytical capabilities, enabling them to navigate the complexities of modern data environments.

Dingdong Ketang is an intelligence (AI)driven online english language learning platform.

Shumei Technology is a private company established in 2015, headquartered in Wangjing, Beijing, China. It specializes in providing solutions for financial and online fraud using artificial intelligence and data analytics. The company focuses on business risk control, offering services that leverage software as a service (SaaS) and big data to help organizations mitigate risks associated with various financial activities. Through its AI-driven products and services, Shumei Technology aims to enhance security and efficiency for its clients in managing potential threats and vulnerabilities.

Yunxi Technology Co., Ltd., established in 2016, is a Chinese enterprise specializing in big data and cloud-based marketing platforms. Headquartered in Guangzhou, with an additional office in Hangzhou, Yunxi caters to diverse industries such as real estate, fast-moving consumer goods, automotive, and retail chains. The company offers a comprehensive suite of services, including customer management, marketing management, data analysis, cloud management, omnichannel sales, and enterprise digital platforms. Yunxi's core technology, a "business + data" dual-center platform, drives enterprise digital transformation and empowers new retail business innovations. With over 600 employees, of which 85% are technical personnel, Yunxi has successfully implemented digital transformation for numerous domestic and foreign companies. The company has received strategic investments from international funds like Ginkgo Valley Capital and Sequoia Capital China Fund, and serves as a core partner of Alibaba Cloud Intelligent Ecology.

Yihui Information provides technical assistance and integrated hardware and software solutions. They also offer development kits, virtualization, cloud native that includes mission-critical cloud native, microservices architecture, container management services, and more.

Dingdong Ketang is an intelligence (AI)driven online english language learning platform.

Guandata is committed to the philosophy of “AI+BI makes decisions more intelligent” and is committed to providing next-generation data analytics and business intelligence (BI) solutions to new retail, new finance, pan-Internet and integrated group customers.

Beidian operates as an innovative e-commerce platform that connects consumers, shop owners, and suppliers, offering a diverse range of products including home goods, clothing, food, beauty items, and products for mothers and babies. Unlike traditional e-commerce platforms, Beidian emphasizes social sharing among users, fostering a three-way connection that enhances the shopping experience. The company adheres to a source supply chain model, collaborating closely with numerous high-quality brands, source factories, and agricultural bases worldwide. This approach ensures that consumers have access to premium products at competitive prices, allowing them to purchase better goods while spending less.

Moka is a software-as-a-service (SaaS) company that specializes in optimizing recruitment processes for businesses. Its platform leverages machine learning algorithms and artificial intelligence to analyze resumes and identify key characteristics of job seekers. By utilizing local semantic analysis and pattern matching, Moka effectively summarizes recruitment behavior data and conducts extensive statistical analysis. This enables organizations to gain insights into industry trends and refine their candidate selection process. The platform automates candidate screening and makes recommendations, allowing recruiters to post job listings across various platforms with ease. Moka aims to enhance recruitment effectiveness by helping companies identify suitable candidates more accurately and efficiently.

Huolala offers logistics services, moving, less-than-truckload, car rental and sales, and after-car services. Founded in 2013 and grown in the Guangdong-Hong Kong-Macao Greater Bay Area.

Synyi is a provider of an artificial intelligence-powered medical data platform designed to enhance medical research, healthcare, and patient services through big data applications. The company specializes in utilizing natural language processing technology to structure and standardize medical texts, employing techniques such as lexical, syntactic, and semantic analysis. This enables hospitals to implement smart medical systems that improve access to critical information. The core team at Synyi consists of experts from prestigious universities and leading companies, with significant achievements in artificial intelligence and medical informatics. Their work has been recognized in numerous national and municipal projects, along with the publication of over 20 papers in top international journals and presentations at major medical conferences.

DiYiDan is an online platform that fosters community engagement among users who share a passion for anime, comics, and games (ACG). It provides a space for individuals to discuss and exchange information, including game strategies, popular titles, and related multimedia content. The platform not only facilitates learning about various aspects of ACG but also encourages users to connect with like-minded individuals, thereby enhancing their social interactions and skills within this niche community.

Founded in 2015 by Sang Wenfeng, Sensors Data specializes in big data analysis services and user behavior insights. The company has developed an analytics platform that offers eight analysis models for comprehensive cross-analysis, allowing clients to deeply understand user behavior, evaluate marketing effectiveness, and enhance product experiences. Sensors Data serves over 300 clients, including notable companies like Ofo, a bike-sharing service, Keep, a fitness app, and Miaopai, a video-sharing platform. Through its professional consulting services, Sensors Data aims to improve operational efficiency and provide valuable insights into user behaviors for its diverse clientele.

DataCanvas is a data analysis service platform based in China, specializing in automated data science solutions for data scientists and AI practitioners. The company leverages advanced technologies in big data, artificial intelligence, and machine learning to offer a comprehensive development platform. This platform facilitates the intelligent transformation of businesses and governments by providing essential tools for data management and model implementation. DataCanvas aims to support organizations in effectively coordinating development efforts and enhancing their analytical capabilities, enabling them to navigate the complexities of modern data environments.

Infervision is an artificial intelligence company based in Beijing that specializes in medical imaging diagnosis. Utilizing deep learning technology and computer vision, Infervision develops innovative solutions to assist in the diagnosis of cancers and other medical conditions. The company launched the world's first artificial intelligence precise healthcare platform and has introduced intelligent X-ray and CT diagnosis products, which are currently undergoing trials in several prominent hospitals in China. Infervision collaborates closely with top medical institutions, fostering strong partnerships with nearly 20 Tertiary Grade A hospitals, including Peking Union Medical College Hospital and Tongji Medical College. This collaboration aims to enhance the integration of medical data, technology, and application scenarios, ultimately providing more accurate and efficient diagnostic tools for healthcare professionals. Through its research and development efforts, Infervision is committed to advancing the field of artificial intelligence in healthcare, thereby improving patient outcomes and reducing costs.

Ezcarry is an international logistics solutions provider headquartered in Shanghai, China. The company offers a comprehensive online trading platform tailored for trading enterprises, integrating both domestic and international logistics services. Ezcarry's platform connects various logistics resources and manages the international logistics supply chain while also providing supply chain financial services. This one-stop solution is designed to meet the technology and logistics needs of logistics and international companies efficiently.

Kuaikan Manhua is an online and mobile platform for original online comic artwork targeting young readers. Founded in 2014, Kuaikan Manhua is a comic-reading platform and community of interest that is popular among users. As of January 2019, the total number of users of the comics app is over 170 million, and the monthly users are over 40 million, and the market share in the comics market is more than half*. Kuaikan World’s vision is to build an ideal ecosystem of cultural-entertainment in the future, as well as bring happiness to the world. Kuaikan aims to help comic creators to create more widely-popular comics with positive, energetic and warm contents to millions of users.

Lalamove, originally known as EasyVan, was established in Hong Kong in December 2013 to address the demand for efficient van hire services. The company operates in 21 markets across Asia and Latin America, connecting over 7 million customers with a network of more than 700,000 driver-partners. Lalamove's on-demand logistics platform facilitates instant matching between customers and drivers, enabling same-day deliveries with an impressive average fulfillment time of just 55 minutes. The platform offers van-hailing and courier services, allowing customers to track their deliveries in real time and rate their drivers. By optimizing routes and fleets, Lalamove enhances the earning potential for drivers while providing reliable and swift delivery solutions for businesses and individuals alike.

Zuoyebang is an online education startup based in Beijing, China, founded in 2014 by Hou Jianbin. The company focuses on providing educational products and services for primary and high school students, utilizing artificial intelligence to enhance learning experiences. Its platform allows students to upload homework questions and seek answers, making it easier for them to tackle study-related challenges. In addition to homework assistance, Zuoyebang offers online courses, live lessons, and evaluations for students from kindergarten through 12th grade. The company has gained significant backing from prominent investors, including Baidu, Alibaba Group, Tiger Global Management, SoftBank Vision Fund, Sequoia Capital China, and FountainVest Partners.

iQIYI, Inc. is a prominent online entertainment platform in China, offering a wide range of services including internet video streaming, online gaming, live broadcasting, online literature, and e-commerce. Established in 2009 and headquartered in Beijing, the company operates under the iQIYI brand and has developed a comprehensive library of licensed and self-produced content across various genres such as movies, TV dramas, and animations. iQIYI generates revenue primarily through subscription services, boasting around 100 million paying subscribers and 500 million monthly active users. Additionally, the platform monetizes user-generated content through advertising, while also engaging in e-commerce via the iQIYI Mall, which specializes in entertainment-related merchandise. The company has diversified its offerings to include a live broadcasting service and a social media platform focused on entertainment. iQIYI faces competition from other streaming services such as Tencent Video and Alibaba's Youku, positioning itself as a leader in the rapidly evolving digital media landscape in China.

Full Truck Alliance is a Chinese company that operates a platform connecting shippers with truckers to facilitate the transportation of goods over various distances and cargo weights. The company provides comprehensive services to both shippers and truckers through its mobile and web platforms. Its primary source of revenue comes from the use of these platforms for freight matching services, as well as additional value-added services. By streamlining the logistics process, Full Truck Alliance aims to enhance efficiency in freight transportation within the region.

Lalamove, originally known as EasyVan, was established in Hong Kong in December 2013 to address the demand for efficient van hire services. The company operates in 21 markets across Asia and Latin America, connecting over 7 million customers with a network of more than 700,000 driver-partners. Lalamove's on-demand logistics platform facilitates instant matching between customers and drivers, enabling same-day deliveries with an impressive average fulfillment time of just 55 minutes. The platform offers van-hailing and courier services, allowing customers to track their deliveries in real time and rate their drivers. By optimizing routes and fleets, Lalamove enhances the earning potential for drivers while providing reliable and swift delivery solutions for businesses and individuals alike.

Yunmanman is a mobile application dedicated to enhancing efficiency in the road transport and logistics sector. It serves as a platform that connects truck drivers with cargo owners, facilitating improved cargo allocation and transportation management. By providing comprehensive information and transaction services, the application aids users in finding suitable vehicles for their goods and vice versa. Yunmanman is based in Shanghai's Jiading Industrial Zone and was co-founded by a team of executives, including several experts from the logistics industry, notably from Alibaba. The company's focus is on optimizing freight transportation through intelligent logistics solutions and efficient vehicle dispatch.

Zuoyebang is an online education startup based in Beijing, China, founded in 2014 by Hou Jianbin. The company focuses on providing educational products and services for primary and high school students, utilizing artificial intelligence to enhance learning experiences. Its platform allows students to upload homework questions and seek answers, making it easier for them to tackle study-related challenges. In addition to homework assistance, Zuoyebang offers online courses, live lessons, and evaluations for students from kindergarten through 12th grade. The company has gained significant backing from prominent investors, including Baidu, Alibaba Group, Tiger Global Management, SoftBank Vision Fund, Sequoia Capital China, and FountainVest Partners.

Zhenli New Materials is a company that provides essential parts for new energy batteries. Its primary activities include research and development, production, and marketing of vital parts such composite current collectors for lithium-ion batteries and materials for positive and negative electrodes.