YF Capital

XReal Technology, founded in 2017 and based in Beijing, China, specializes in developing ready-to-wear mixed reality glasses. Their flagship product, Nreal Light, is designed to be lightweight and comfortable, featuring a vivid display and spatial computing algorithms for an immersive user experience. The company's goal is to make mixed reality technology widely accessible and to empower developers to create applications that enhance entertainment, productivity, and other areas. XReal Technology utilizes SLAM-based environment-understanding AI algorithms to provide users with an engaging mixed reality experience.

Tongfu Microelectronics Co., Ltd is a prominent player in the semiconductor industry, specializing in integrated circuit (IC) assembly and testing services. Established in 1997 and headquartered in Nantong, China, the company offers a diverse range of packaging solutions, including wafer-level, flip chip, ball grid array, and various plastic packaging types. Its products cater to numerous applications, including wireless communications, power management, memory, microprocessors, and automotive devices. Tongfu Microelectronics also provides comprehensive support through test platforms and engineering services for analog, mixed-signal, and digital semiconductor devices. The company's focus on meeting the demands of system manufacturers and its alignment with national industrial policies underscore its role in the coordinated development of the semiconductor supply chain. Formerly known as Nantong Fujitsu Microelectronics Co., Ltd, the company rebranded in December 2016 to reflect its growth and commitment to innovation in the semiconductor market.

Sironax is a clinical-stage biotechnology company based in Beijing, China, founded in 2017. The company focuses on developing innovative products and treatments for age-related degenerative diseases, concentrating on mechanisms such as regulated cell death, neuroprotective pathways, and neuroinflammation. By researching apoptosis and other cell death pathways, Sironax aims to create advanced pharmaceuticals that can improve the lives of patients suffering from these conditions. Their goal is to transform the treatment landscape for age-related degenerative diseases, benefiting millions of patients and their families globally.

Axbio Inc. is a biotechnology company based in Shenzhen, China, specializing in genetic sequencing technology and diagnostic solutions. Founded in 2016, the company develops a variety of products, including genome extraction kits for stool, blood, saliva, and bacteria. Axbio also provides advanced sequencing systems, disposable biochips, and reagents. The company is focused on creating high-throughput molecular diagnostics through its novel microfluidic Bio-CMOS platform, which supports both low-cost handheld devices for bedside diagnostics and fully automated laboratory instruments. This technology enables applications such as early cancer screening, rapid pathogen detection, and drug development. Currently, Axbio operates in stealth mode as it continues to innovate within the field.

RoboSense, also known as Suteng Innovation Technology Co., Ltd., is a leading provider of environment perception solutions for autonomous vehicles and robotics. Founded in 2014 by a group of PhDs from Harbin Institute of Technology, the company specializes in advanced LiDAR sensor systems integrated with proprietary system-on-chip technology and perception software. This full-stack approach distinguishes RoboSense from competitors that primarily focus on hardware, allowing for enhanced perception capabilities in vehicles and robots through the combination of LiDAR and other sensory data. With a commitment to innovation, RoboSense has established a comprehensive operation model encompassing research and development, production, and marketing, supported by R&D centers in Shenzhen, Beijing, and Silicon Valley. The company maintains collaborations with prestigious educational and research institutions, fostering talent development in the field. As of 2017, RoboSense's workforce included a significant proportion of postgraduates and PhDs, underscoring its emphasis on expertise in cutting-edge technologies for reliable, large-scale commercialization.

Dreame Technology, founded in 2015 and based in China, specializes in the production of premium smart home appliances, including hairdryers and vacuum cleaners, inspired by Dyson's design principles. The company focuses on integrating advanced technologies into its products to enhance everyday life. Its vacuum cleaners utilize high-speed motors, monocular machine vision, simultaneous localization and mapping (SLAM), and multi-cone cyclone separation, allowing for efficient and effortless home cleaning. Through its innovative approach, Dreame Technology aims to deliver high-quality solutions that simplify domestic tasks for consumers.

XReal Technology, founded in 2017 and based in Beijing, China, specializes in developing ready-to-wear mixed reality glasses. Their flagship product, Nreal Light, is designed to be lightweight and comfortable, featuring a vivid display and spatial computing algorithms for an immersive user experience. The company's goal is to make mixed reality technology widely accessible and to empower developers to create applications that enhance entertainment, productivity, and other areas. XReal Technology utilizes SLAM-based environment-understanding AI algorithms to provide users with an engaging mixed reality experience.

Beijing Health Guard Biotechnology is a Beijing-based research and development company that focuses on the development of recombinant protein drugs and vaccines. Founded in 2008, the company specializes in creating novel biopharmaceuticals using a structure-guided design approach. Its primary area of expertise lies in the research and industrialization of recombinant protein vaccines, particularly for human papillomavirus (HPV). Beijing Health Guard Biotechnology is advancing multiple innovative candidate vaccines targeting various infectious diseases, with its core products including both trivalent and nonavalent HPV vaccines.

X-Epic is a Nanjing-based startup focused on advancing China's electronic design automation (EDA) software technology. The company develops comprehensive verification solutions that support various industries, including integrated circuits, 5G, artificial intelligence, cloud services, and high-performance computing. By providing innovative systems, X-Epic aims to lower barriers to entry in the integrated circuit industry and address verification challenges associated with chip design, thereby enhancing the overall efficiency and effectiveness of electronic development in China.

Yikon Genomics Co., Ltd. is a prominent provider of genetic analytical products and services, focusing on single cell sequencing for genetic research and in vitro diagnostics. The company specializes in patented MALBAC technology, offering a range of kits, including those for single cell whole genome amplification, which are applicable in various analyses such as copy number variation and single nucleotide variation. Yikon's solutions, particularly MALBAC-PGS and MALBAC-PGD, deliver comprehensive embryo testing results, assisting physicians in selecting embryos with balanced chromosomal copy numbers and minimizing the risk of inheriting known genetic diseases. Additionally, Yikon provides single cell DNA genome sequencing and whole genome re-sequencing services, aimed at enhancing cancer diagnostics and improving reproductive health outcomes. Founded in 2012 and based in Beijing, China, Yikon Genomics is committed to advancing precision medicine and supporting successful pregnancies through innovative genetic solutions.

Leyan Technologies is an artificial intelligence company founded in April 2016 and headquartered in Shanghai, China. Specializing in software as a service (SAAS), Leyan develops an AI technology platform that offers digital solutions primarily for the robotics industry. The company's innovations are applied in various sectors, including e-commerce customer service, financial consulting, and medical consultation. By focusing on enhancing human-computer interaction, Leyan Technologies aims to improve customer experiences through intelligent customer service robots and tailored AI applications.

Xingyun Group specializes in transforming the digital supply chain for consumer goods, offering comprehensive Direct-to-Consumer (DTC) services. The company employs whole-process SaaS tools to enhance the global commodity trade environment. Its Management Middle-end System Services Engine integrates industrial ecological resources, facilitating cost reduction and efficiency improvements through data utilization. Xingyun Group supports overseas consumer brands in entering the Chinese market while assisting Chinese brands in their global expansion efforts. The platform boasts nearly 160 cooperative and self-operated warehouses across 72 countries and one region, catering to over 350,000 online and offline retailers in China. Its product offerings include maternal and child supplies, beauty care, healthcare, digital products, clothing, and shoes, ensuring reliable and cost-effective purchasing solutions for domestic retailers.

Flexiv Ltd. is a robotics and artificial intelligence company that specializes in developing and manufacturing adaptive robots. Founded in 2016 and headquartered in Shanghai, with additional offices in Shenzhen, Beijing, and Santa Clara, California, Flexiv integrates advanced technologies such as force control, computer vision, and AI into its products. The company's flagship robot, RIZON, is designed for applications including curved-surface processing, plugging, and assembly. Flexiv's robotic systems are utilized across various industries, including automotive electronics, new energy, home appliances, consumer electronics, and aerospace. The company focuses on providing innovative solutions that enhance industrial automation, enabling businesses to improve efficiency and safely collaborate with human workers in complex environments.

Yuanfudao, founded in 2012, is the largest online live course platform in China, catering to primary and secondary school students. With over 1 million paying users, it provides a comprehensive curriculum that includes subjects such as English, Mathematical Olympiad, and various all-subject courses for secondary education. The platform features live online tutoring conducted by nationally recognized teachers, allowing students to receive quality education from home. By utilizing big data analysis, Yuanfudao enables students to identify their learning weaknesses and engage in targeted learning, thus enhancing their educational outcomes. The combination of its extensive course offerings and a large pool of qualified educators benefits hundreds of thousands of students across the country.

Asieris Pharmaceuticals Co. Ltd. is a Chinese biotechnology company established in 2010, headquartered in Taizhou, China. The company specializes in the research and development of pharmaceutical products aimed at treating tumors and addressing multidrug-resistant infections. Asieris is committed to advancing therapeutic solutions that integrate both diagnosis and treatment, catering to the needs of patients in China and globally. Through its innovative approach, the company seeks to contribute significantly to the fields of oncology and infectious disease management.

Kuaishou Technology, founded in 2011 and based in Beijing, China, operates an online video and photo sharing application known as Kuaishou. The platform enables users to broadcast their daily activities and engage with a global audience through short videos, photos, and live streams. Kuaishou aims to enhance individual happiness by leveraging big data and artificial intelligence technology, promoting equal opportunities through its algorithms and ethical values. The app empowers everyday individuals in China to share their experiences and connect with fans worldwide. Additionally, Kuaishou has an international counterpart, Kwai, which offers similar features tailored for users outside of China. With an average of 275.9 million daily active users, Kuaishou generates revenue by selling virtual items, online marketing, and earning commissions from e-commerce transactions on its platform.

Zaihui is a Chinese company founded in 2015 that specializes in providing a SaaS-based data-driven marketing automation solution tailored for local businesses. The company offers a comprehensive platform that includes member management, customer relationship management, and customized marketing strategies supported by big data. Zaihui's services enable local merchants, particularly in the restaurant sector, to enhance operational efficiency through features such as QR code ordering, online payment, and loyalty programs. The platform facilitates intelligent precision marketing, brand packaging, and various promotional activities, empowering small and medium-sized enterprises to establish their unique branding and improve customer engagement.

Duobaoyu Insurance is an online insurance service platform based in Hangzhou, China, that commenced operations in 2017. The company specializes in offering integrated insurance consultation services, providing clients with a wide array of resources to navigate the insurance landscape. Its platform includes features such as insurance education, smart insurance tools, and free consultations, enabling users to assess various insurance products effectively. By delivering comprehensive information and support, Duobaoyu Insurance aims to enhance the understanding and accessibility of insurance services for its clients.

Chengjia Apartment is a rental start-up that provides different product choices for apartments, hotels, and homestays. Chengjia Apartment extends the business scope to weekly rent, monthly rent, and long-term rent. The company creates a high-quality living environment with ingenuity, take care of every guest with hotel-style service, and creates a warm, comfortable, and temperature-friendly home. Chengjia Apartment is jointly established by China Living Hotel Group and IDG Capital. It has laid out nearly 100 properties in first-tier cities nationwide, with more than 10,000 houses and services. It was founded on 2015 and is headquartered in Shanghai, China.

NetEase Cloud Music, established in 2013 and based in Hangzhou, China, specializes in online music streaming services through its mobile application. The platform enables users to access a wide variety of music and offers additional features, such as music discovery and social networking capabilities. As a subsidiary of NetEase, Inc., NetEase Cloud Music has grown to become a significant player in the Chinese music streaming market, catering to the evolving preferences of its audience while developing applications for smartphones to enhance user experience.

Yao123.com is an online platform that specializes in selling pharmaceutical products. Founded in 2015 and headquartered in Shanghai, China, the company operates as a subsidiary of Sinopharm Group Co. Ltd. Yao123.com employs an integrated online-offline business model, allowing customers to access a wide range of medical and healthcare products conveniently. The platform aims to enhance the accessibility of pharmaceutical goods, catering to the needs of consumers in a rapidly evolving healthcare landscape.

Trusfort is an independent leader in business security services and the first company in China to advocate for a "human-oriented business security" approach. Since its founding in 2015, Trusfort has advanced business security technology using artificial intelligence and offers a comprehensive lifecycle protection solution tailored to various scenarios. The company’s product lines include Multi-Factor Authentication, Identity Access Management, Online Fraud Detection, and Zero Trust Security, supported by numerous invention patents. Trusfort serves a diverse range of industries, including government and finance, providing security solutions that encompass financial account protection, transaction security, enterprise user management, and risk control. With a customer base nearing a thousand, the company currently protects over 200 million devices and has safeguarded RMB 2 trillion in financial transactions, preventing over RMB 5 billion in economic losses. Trusfort has received several accolades for its innovative technologies and products and has established a presence in China and Southeast Asia with research and development centers and offices in multiple cities, including Beijing and Singapore.

ZMT is a Beijing-based precision marketing services provider. ZMT offers mobile precision marketing solutions, covering a number of fields including life services, automobile, real estate, education, healthcare, finance, and tourism.

Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

Suning.com is a prominent Chinese online shopping platform that offers a wide range of products, including clothing, snacks, electronics, and appliances. The company emphasizes a comprehensive retail experience by integrating smart retail solutions with full category operations and omni-channel services, enabling customers to shop seamlessly through physical stores, mobile devices, PCs, and TVs. Additionally, Suning.com leverages logistics and global expansion strategies to enhance its service offerings. Founded in 1990, Suning Holdings Group, which includes Suning.com, has established itself as a leading commercial enterprise in China, recognized for its significant annual revenue and diverse business interests across various sectors, including logistics, financial services, and media. Suning's commitment to improving the quality of life through technological advancements and innovative retail solutions underscores its influence in the retail landscape.

ZTO Freight is a logistics company established in 2016 and headquartered in Jiaxing, Zhejiang, China. It specializes in freight transportation services, offering comprehensive, full-service logistics solutions for businesses and individuals. ZTO Freight leverages advancements in digital logistics, utilizing technologies such as the Internet of Things, big data, cloud computing, and artificial intelligence to enhance its operations. The company focuses on creating integrated logistics solutions while developing national warehousing and logistics hubs alongside a terminal franchise network. ZTO Freight aims to provide safe and cost-effective freight transport services, ensuring that customers benefit from a technology-driven logistics platform supported by data insights and smart operational practices.

A Blockchain platform based in Chengdu,China.

Leyan Technologies is an artificial intelligence company founded in April 2016 and headquartered in Shanghai, China. Specializing in software as a service (SAAS), Leyan develops an AI technology platform that offers digital solutions primarily for the robotics industry. The company's innovations are applied in various sectors, including e-commerce customer service, financial consulting, and medical consultation. By focusing on enhancing human-computer interaction, Leyan Technologies aims to improve customer experiences through intelligent customer service robots and tailored AI applications.

CStone Pharmaceuticals is a clinical-stage biotechnology company dedicated to developing and commercializing innovative immuno-oncology and molecularly targeted drugs aimed at addressing significant unmet medical needs in cancer treatment. Founded in 2015 and headquartered in Shanghai, China, the company has established a robust product pipeline that includes several late-stage clinical candidates, such as CS1001, a monoclonal antibody targeting programmed death ligand 1, and CS1003, which targets programmed death receptor. Other notable products include ivosidenib, avapritinib, and pralsetinib, along with a variety of additional investigational drugs for solid tumors and other cancer indications. CStone engages in strategic collaborations, including a licensing agreement with Numab Therapeutics for a tri-specific antibody and a clinical partnership with Bayer HealthCare to assess the efficacy of CS1001 in combination therapies. The company aims to enhance treatment options for cancer patients both in China and globally through its dedicated research and development efforts.

VIPKid is an education technology company that facilitates real-time online English immersion learning for children, primarily in China. Founded in 2013 and launched in 2014, VIPKid connects over 500,000 paying students with more than 60,000 teachers from the United States and Canada. The platform aims to provide an American elementary school experience, allowing Chinese students, especially those in remote areas, to learn English and gain a broader understanding of the world from their homes. VIPKid emphasizes personalized learning to cater to the unique needs of each student, fostering curiosity and cultural exchange. The company has established itself as a market leader in online education in China, attracting significant investments from notable venture capital firms.

Video++ is a video-streaming service based in Shanghai, China, that has been operational since April 2014. The company specializes in providing a video content platform that utilizes advanced AI technology for image recognition. This technology allows Video++ to identify and tag various elements within video content, including brands, celebrities, body language, and specific scenes. By enabling advertisers and e-commerce businesses to search for content and objects in a structured format, Video++ enhances the accessibility and utility of video data for commercial purposes. Its services cater to users both within China and internationally.

Beijing Easyhome Furnishing Chain Store Group Company is a prominent Chinese retailer specializing in home improvement and furniture. With 223 physical stores across 29 provinces, it is the country's second-largest player in this sector, offering a wide range of home furnishing and DIY-style products.

Chehaoduo designs an online car trading platform that sells used cars. Its online car trading platform directly links individual car sellers and buyers, which help buyers remove the middlemen as well as purchase used cars easily. Haoyong Yang founded Chehaoduo in 2014, with its headquarters in Beijing in China, with branches in Chinese cities such as Hangzhou and Chongqing.

Xpeng Motors is a Chinese electric vehicle and technology company that specializes in the design and manufacture of smart cars. The company emphasizes local market needs and prioritizes consumer experience, integrating advanced autonomous driving features and internet-connected technologies into its vehicles. This approach aims to enhance the overall functionality and appeal of their cars, making them more than just traditional vehicles. Additionally, Xpeng Motors has a subsidiary, Xpeng Robotics, which focuses on developing smart robots as part of its broader mobility ecosystem.

Trusfort is an independent leader in business security services and the first company in China to advocate for a "human-oriented business security" approach. Since its founding in 2015, Trusfort has advanced business security technology using artificial intelligence and offers a comprehensive lifecycle protection solution tailored to various scenarios. The company’s product lines include Multi-Factor Authentication, Identity Access Management, Online Fraud Detection, and Zero Trust Security, supported by numerous invention patents. Trusfort serves a diverse range of industries, including government and finance, providing security solutions that encompass financial account protection, transaction security, enterprise user management, and risk control. With a customer base nearing a thousand, the company currently protects over 200 million devices and has safeguarded RMB 2 trillion in financial transactions, preventing over RMB 5 billion in economic losses. Trusfort has received several accolades for its innovative technologies and products and has established a presence in China and Southeast Asia with research and development centers and offices in multiple cities, including Beijing and Singapore.

Mogoroom currently operates in Shanghai and Beijing, providing standardized rental apartments to young professionals seeking more convenient living environment services.

Jiangsu Kangzhong Shiye Investment operates a retail chain, Carzone, that deals in and retails automotive post-market parts. The company was founded in 1995 and is based in Nanjing, China.

ThinkForce is a Shanghai-based company specializing in the production of artificial intelligence semiconductors. The firm develops intelligent semiconductors that integrate advanced AI algorithms and hardware platforms, focusing on creating specialist multi-core processors designed for high parallel processing capabilities. These processors consist of numerous simpler, independent cores, allowing clients to utilize chip virtualization services that function as a central processing unit for multiple independent computers. With a strong technical team, ThinkForce is committed to ensuring the successful integration of its technologies into various industrial applications.

Beijing Jinying Technology operates Du Yao, a book and movie review mobile application, and Huoxing Xiaoshuo. The company was founded in 2015 and is based in Beijing, China.

Xiaozhu.com (小猪短租网) is a Chinese booking website for daily rental and short-term rooms. It aims to provide a guaranteed platform for online communication and transactions for landlords and tenants. Also, a green platform ecosystem is established by mechanisms such as property and personal safety guarantee schemes as well as identification. This will effectively take full advantages and maximize the value of landlords' idle resources through sharing. Meanwhile, it enhances the social relationship and interaction between landlords and tenants and provides tenants with more humanized accommodation experience which is different from traditional hotels. Currently, the company has had branches in 13 cities all over the country and its house sources cover more than 130 domestic cities.

ZMT is a Beijing-based precision marketing services provider. ZMT offers mobile precision marketing solutions, covering a number of fields including life services, automobile, real estate, education, healthcare, finance, and tourism.

Shanghai Youhug Media is a media and entertainment management company based in Shanghai, founded in 2012. The company specializes in the production and distribution of television content and films. It is actively involved in the creation, production, and performance of film and television dramas, offering diverse and engaging cinematic experiences to audiences. Through its operations, Youhug Media aims to captivate moviegoers and television enthusiasts with high-quality content.

Qiniu Cloud is a leading enterprise cloud service provider in China. It is committed to driving social industry development with cloud technology, and it focuses on the cloud computing industry with data intelligence and visual intelligence as its core. Through massive data and rich media scenarios across industries, Qiniu Cloud launches the intelligent video cloud integrated with CDN, object storage, cloud host, big data, content recognition platform and other product portfolios, which provides comprehensive cloud computing service for users. More than one million enterprise-level clients are using qiniu cloud to provide services for 80% of the Internet users nationwide. It provides cloud plus smart technology empowerment for users in various industries to meet the new opportunities of Artificial Intelligence and the arrival of 5G era.

VIPKid is an education technology company that facilitates real-time online English immersion learning for children, primarily in China. Founded in 2013 and launched in 2014, VIPKid connects over 500,000 paying students with more than 60,000 teachers from the United States and Canada. The platform aims to provide an American elementary school experience, allowing Chinese students, especially those in remote areas, to learn English and gain a broader understanding of the world from their homes. VIPKid emphasizes personalized learning to cater to the unique needs of each student, fostering curiosity and cultural exchange. The company has established itself as a market leader in online education in China, attracting significant investments from notable venture capital firms.

Er Geng is a video content platform that focuses on travel, culture, and food-related media. The platform provides lifestyle videos accessible through popular social media channels such as WeChat, Youku, and Weibo. By showcasing diverse cultural experiences, Er Geng aims to engage users and broaden their understanding of different lifestyles. The company also has plans for significant expansion, targeting 30 cities across 20 provinces in China to enhance its reach and influence in the media landscape.

Davost Intelligence Group is a leading provider of comprehensive intelligence services for the tourism industry in China, headquartered in Beijing. The company encompasses several entities, including the Beijing Davost Academy of Tourism Planning & Design, which holds a Grade A Qualification in tourism planning, and Beijing Gage Tourism Investment & Management Co., Ltd. Alongside these, Beijing Sunview Information Technology Co., Ltd. operates as a high-tech enterprise. Davost Intelligence Group specializes in a wide array of services, including overall planning, detailed project planning, and business management, which cater to the diverse needs of its clients. The organization is recognized for its innovative approach and has achieved significant success in tourism planning competitions. Additionally, it offers advanced tools such as a customer service smart application and a digital business management system, enhancing operational efficiency and support for travelers.

Yao123.com is an online platform that specializes in selling pharmaceutical products. Founded in 2015 and headquartered in Shanghai, China, the company operates as a subsidiary of Sinopharm Group Co. Ltd. Yao123.com employs an integrated online-offline business model, allowing customers to access a wide range of medical and healthcare products conveniently. The platform aims to enhance the accessibility of pharmaceutical goods, catering to the needs of consumers in a rapidly evolving healthcare landscape.

Yitu Limited is a prominent artificial intelligence company based in Shanghai, China, founded in 2012. The firm specializes in the research and development of AI solutions across various sectors, including smart cities, healthcare, and commerce. Yitu focuses on areas such as machine vision, natural language understanding, and intelligent hardware, seeking to create comprehensive solutions that enhance operational efficiency and drive innovation. The company offers a range of products, including AI infrastructure for city management, medical diagnostic technologies, and applications for smart finance and retail. With a strong emphasis on fundamental research, Yitu aims to deliver breakthroughs that expand the potential of AI and contribute to a safer, faster, and healthier world. Its advanced R&D team is dedicated to transforming industries by integrating AI technologies into practical business applications.

Alisports is a company focused on transforming the sports industry in China by leveraging digital economic strategies. Established in 2015 by Alibaba Group in collaboration with Sina Corporation and Yunfeng Capital, Alisports aims to enhance the sports ecosystem through the integration of various operations and the effective allocation of resources. The company operates a comprehensive sports platform that provides content, live event streaming, sports news, and ticketing services, thereby enabling fans to engage with a diverse range of sports both online and on television. By harnessing big data, Alisports seeks to stimulate social media interaction and improve marketing effectiveness, ultimately benefiting partners and consumers within the sports sector.

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.

VIPKid is an education technology company that facilitates real-time online English immersion learning for children, primarily in China. Founded in 2013 and launched in 2014, VIPKid connects over 500,000 paying students with more than 60,000 teachers from the United States and Canada. The platform aims to provide an American elementary school experience, allowing Chinese students, especially those in remote areas, to learn English and gain a broader understanding of the world from their homes. VIPKid emphasizes personalized learning to cater to the unique needs of each student, fostering curiosity and cultural exchange. The company has established itself as a market leader in online education in China, attracting significant investments from notable venture capital firms.

Yitu Limited is a prominent artificial intelligence company based in Shanghai, China, founded in 2012. The firm specializes in the research and development of AI solutions across various sectors, including smart cities, healthcare, and commerce. Yitu focuses on areas such as machine vision, natural language understanding, and intelligent hardware, seeking to create comprehensive solutions that enhance operational efficiency and drive innovation. The company offers a range of products, including AI infrastructure for city management, medical diagnostic technologies, and applications for smart finance and retail. With a strong emphasis on fundamental research, Yitu aims to deliver breakthroughs that expand the potential of AI and contribute to a safer, faster, and healthier world. Its advanced R&D team is dedicated to transforming industries by integrating AI technologies into practical business applications.

Cainiao Logistics provides logistics services to Alibaba Group. It operates warehouses and express delivery stations. Cainiao Logistics also operates a logistics information platform which provides real-time access to information for both buyers and sellers. Shen Guojun founded China Smart Logistics Network on May 28, 2013 that later became Cainiao Logistics, with its headquarters in Shenzhen in China.

Beijing Jinying Technology operates Du Yao, a book and movie review mobile application, and Huoxing Xiaoshuo. The company was founded in 2015 and is based in Beijing, China.

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.

Shanghai YTO Express (Logistics) Co., Ltd. is a prominent private express delivery enterprise in China, recognized for its commitment to enhancing the country's express services. Founded in 2020 by Yu Huijiao, who retains a significant stake, the company operates as one of the top four national express delivery companies in China under the Tongda model. This model involves a network partnership where YTO provides line-haul transportation, sorting, and waybill services, while local network partners manage first-mile pickup and last-mile delivery. YTO Express aims to establish itself as an iconic brand within the sector, positioning itself as the preferred choice for Chinese consumers. The company plays an influential role in the industry, serving as a Vice-president Unit of both the China Express Association and the Shanghai Express Trade Association.

Le Sports, the sports arm of China's leading online video provider, LeEco

ZTO Express is a prominent express delivery and logistics service provider in China, founded in 2002 and headquartered in Shanghai. The company specializes in offering delivery services for both e-commerce and traditional merchants, effectively catering to the demands of millions of online consumers. As of 2022, ZTO holds a significant market share, accounting for 22.1% of China's parcel volume, and operates an extensive network that covers over 96% of cities and counties across the country. Its operations are structured around a network partner model, where ZTO manages line-haul transportation and sorting, while local partners handle first-mile pickups and last-mile deliveries. The company has gained recognition for its reliable and cost-effective services and has received multiple awards for customer satisfaction. ZTO is also expanding its international reach by collaborating with global partners to enhance its overseas delivery capabilities. With a commitment to innovation and employee well-being, ZTO aims to solidify its position as a leading global logistics provider.

Xiaomi Corporation, founded in 2010 and headquartered in Beijing, China, is a prominent technology company that designs, manufactures, and markets smartphones and consumer electronics. The company's product range includes a variety of mobile devices, such as Android-based smartphones and smart home products, like smart TVs, AI speakers, and smart routers. Xiaomi is notable for its innovative approach, often incorporating user feedback into product development, which has fostered a loyal customer base. The company operates through several segments, including smartphones, Internet of Things (IoT) products, and Internet services, offering both hardware and software solutions. Additionally, Xiaomi engages in the retail and wholesale of its products, operates service centers, and has expanded its presence internationally, becoming a leader in markets such as India and gaining traction in Europe. With a commitment to providing quality technology at accessible prices, Xiaomi continues to innovate and adapt within the competitive landscape of the tech industry.

Youku is a prominent Chinese video-sharing platform that allows users to search, view, and share high-quality video content across various devices. The company employs a tri-networks integration model, offering a diverse range of online video content, including user-generated uploads, self-produced series, and licensed professional material. The platform serves as a space for individuals and institutions to share a variety of video creations, from personal moments to independent films and viral clips. Youku has established itself in the competitive digital entertainment landscape, facing rivals such as Tencent Video and Sohu Video. In 2012, Youku expanded its influence by acquiring Tudou, resulting in the formation of Youku Tudou, Inc. This strategic move enhanced its content library and user reach, further solidifying Youku's position in the online video market.

BGI Tech Solutions Co., Ltd., established in 2012 and headquartered in Shenzhen, China, is a global leader in advanced life sciences technology. It specializes in providing high-quality multi-omics and bioinformatics services, including sequencing solutions for genomics, transcriptomics, epigenomics, metagenomics, and single-cell sequencing. With a robust global presence spanning over 100 countries, BGI Tech collaborates with thousands of research projects and partners, facilitating groundbreaking research and accelerating scientific advancement.

U1baby.com is an e-commerce platform operated by Shanghai U1baby E-commerce Co., Ltd., a subsidiary of Global Top E-Commerce Co., Ltd. Based in Shanghai, China, the company specializes in the distribution of mother and baby products, offering a range of domestic import goods and comprehensive e-commerce services. U1baby.com focuses on meeting the needs of parents by providing a variety of high-quality products tailored for mothers and their children.

Alibaba Group is the largest online and mobile commerce company globally, primarily known for its extensive e-commerce platforms that connect buyers and sellers. It operates notable marketplaces in China, including Taobao, which focuses on consumer-to-consumer transactions, and Tmall, which caters to business-to-consumer interactions. The company's core business lies in its China commerce retail division, which is a significant source of cash flow. In addition to retail and wholesale transactions, Alibaba also generates revenue from various sectors, including international commerce, local consumer services, cloud computing, digital media and entertainment, and logistics through its Cainiao network. Alibaba's diverse portfolio positions it as a key player across multiple industries, including retail, logistics, and technology.

Gaopeng.com operates as a group-buying website in China. It is an online portal that offers discounts to customers at local merchants in China via daily emails. Gaopeng.com is financed by Groupon and Tencent, each of which owns 50% of the share. The site combines Groupon’s global group-buying operation experience with Tencent’s large user base. In August 2012, Gaopeng.com and Ftuan.com merged into one company named Wangluotianxia, and Lin Ning was appointed as its chief executive officer. Tencent and Groupon invested 40 million U.S. dollars in the new company and became principal shareholders together with the management team. Gaopeng.com was launched on February 15, 2011.

Sogou is a prominent Chinese internet company primarily known for its search engine, Sogou Search, which allows users to search for text, images, music, and maps. Founded in 2004, the company has developed a range of products aimed at enhancing user experience across web and desktop applications. Notably, Sogou Input Method is a cloud-based Chinese language input software that captures contemporary expressions and phrases, creating an extensive vocabulary library that aids users in typing efficiently. Additionally, Sogou offers the Sogou Browser, which employs dual-core technology to enhance online browsing speed and safeguards users from malicious websites. The company primarily operates within China, generating the bulk of its revenue from the domestic market while also providing access to a wealth of content through partnerships, such as with Tencent's Weixin Official Accounts.

Momenta is an autonomous driving startup operating out of Beijing. Its deep-learning-based software in perception, HD semantic mapping, and data-driven path planning enables the realization of full autonomy. Momenta offer multi-level autonomous driving solutions as well as big data products and services. Momenta’s team is composed of experts in computer vision and deep learning, including one of the authors of Faster R-CNN and ResNet, the most popular deep learning network, as well as winners of ImageNet 2015, MS COCO Challenge 2015, and ImageNet 2017. The company is leading the autonomous driving software space with advanced technical competence and a strong commitment to innovation.

Momenta is an autonomous driving startup operating out of Beijing. Its deep-learning-based software in perception, HD semantic mapping, and data-driven path planning enables the realization of full autonomy. Momenta offer multi-level autonomous driving solutions as well as big data products and services. Momenta’s team is composed of experts in computer vision and deep learning, including one of the authors of Faster R-CNN and ResNet, the most popular deep learning network, as well as winners of ImageNet 2015, MS COCO Challenge 2015, and ImageNet 2017. The company is leading the autonomous driving software space with advanced technical competence and a strong commitment to innovation.