CDH Investments

CDH Investments is an international alternative asset fund manager based in Hong Kong, China, with over $27 billion in assets under management. Founded in 2002 by the former private equity group of China International Capital Corporation, the firm has developed into a diversified platform that encompasses private equity, venture capital, growth capital, real assets, mezzanine financing, public equities, and wealth management. CDH Investments focuses on investing in various sectors, including consumer goods, hard technology, new energy, and healthcare. The firm is managed by a seasoned team of private equity professionals who have extensive experience in the Chinese market, enabling CDH to consistently deliver superior returns relative to its industry peers.

Paul Chou

Managing Director

Liu Dan

Senior Partner

Xie Fang

Managing Director

Zhang Haifeng

Partner

William Hsu

Managing Director

Jason Hu

Managing Director of Mezzanine and Credit

Max Hui

Managing Partner

Gao Jieliang

Senior Partner

Li Lei

Managing Director

Wu Minfeng

Managing Director

Charles Ren

Managing Partner

Jiao Shuge

Co-Founder and CEO

Zhenyu Wang

Co-Founder and Managing Director

Wang Lin Ph.D

Managing Partner

Wang Mingyu

Senior Partner

Wang Mei

Managing Partner

John Wong

Managing Director

Wu Shangzhi

Co-Founder and Chairman

Fan Yang

Managing Director

Ying Wei ch

Managing Partner

Ren Yiqiao

Managing Director

Past deals in Fruits and Vegetables

Bach Hoa Xanh

Secondary Market in 2024
Bach Hoa Xanh is a chain of minimarts and food stores that concentrate in fresh produce and everyday household necessities.

Lehe Food

Series E in 2021
Guangdong Lehe Food Co., Ltd. is a leading provider of agricultural product distribution and supply chain management services in China. Based in Guangzhou, the company operates more than a dozen distribution centers and focuses on standardized management practices to support its growing network across the country. Lehe Food's services encompass a wide range of activities including farm operation management, agricultural planting and breeding, processing and distribution of agricultural products, and catering management. Additionally, the company offers high-end agricultural products through an online mall and provides agricultural information technology consulting. Its business operations extend across key regions such as Guangdong, Hainan, Yunnan, and Shanghai, with ongoing efforts to expand into other significant areas of the country.

Nice Tuan

Private Equity Round in 2021
Nice Tuan is an e-commerce platform specializing in fresh produce, beverages, leisure food, and a variety of daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. By doing so, Nice Tuan aims to provide comprehensive grocery and household item offerings tailored to the needs of local residents. The platform emphasizes efficiency and convenience, striving to create a well-integrated community e-commerce ecosystem centered on daily groceries and fresh produce.

Lehe Food

Series D in 2020
Guangdong Lehe Food Co., Ltd. is a leading provider of agricultural product distribution and supply chain management services in China. Based in Guangzhou, the company operates more than a dozen distribution centers and focuses on standardized management practices to support its growing network across the country. Lehe Food's services encompass a wide range of activities including farm operation management, agricultural planting and breeding, processing and distribution of agricultural products, and catering management. Additionally, the company offers high-end agricultural products through an online mall and provides agricultural information technology consulting. Its business operations extend across key regions such as Guangdong, Hainan, Yunnan, and Shanghai, with ongoing efforts to expand into other significant areas of the country.

Nice Tuan

Series C in 2020
Nice Tuan is an e-commerce platform specializing in fresh produce, beverages, leisure food, and a variety of daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. By doing so, Nice Tuan aims to provide comprehensive grocery and household item offerings tailored to the needs of local residents. The platform emphasizes efficiency and convenience, striving to create a well-integrated community e-commerce ecosystem centered on daily groceries and fresh produce.

Nice Tuan

Series C in 2020
Nice Tuan is an e-commerce platform specializing in fresh produce, beverages, leisure food, and a variety of daily supplies. The company operates a community-focused model, partnering with local residential communities to source products from nearby warehouses and producers. By doing so, Nice Tuan aims to provide comprehensive grocery and household item offerings tailored to the needs of local residents. The platform emphasizes efficiency and convenience, striving to create a well-integrated community e-commerce ecosystem centered on daily groceries and fresh produce.

Lehe Food

Series C in 2020
Guangdong Lehe Food Co., Ltd. is a leading provider of agricultural product distribution and supply chain management services in China. Based in Guangzhou, the company operates more than a dozen distribution centers and focuses on standardized management practices to support its growing network across the country. Lehe Food's services encompass a wide range of activities including farm operation management, agricultural planting and breeding, processing and distribution of agricultural products, and catering management. Additionally, the company offers high-end agricultural products through an online mall and provides agricultural information technology consulting. Its business operations extend across key regions such as Guangdong, Hainan, Yunnan, and Shanghai, with ongoing efforts to expand into other significant areas of the country.

Benlai

Series D in 2019
Beijing Benlai Workshop Technology Co., Ltd. operates as China's largest online fresh grocery market, established in 2012 and headquartered in Beijing. The company specializes in selling a wide range of products, including fruits, vegetables, meats, seafood, dairy, snacks, and kitchen supplies, through its e-commerce platform. With over 25 million paying users across 550 cities, Benlai is committed to providing safe and high-quality food to households throughout China. It maintains a network of warehouses in key cities like Beijing, Shanghai, and Guangzhou, along with temperature-controlled logistics supply centers, ensuring efficient delivery of groceries to customers. The company employs approximately 2,700 people and has achieved significant revenue, reflecting its prominent position in the online grocery sector.

Benlai

Series C in 2016
Beijing Benlai Workshop Technology Co., Ltd. operates as China's largest online fresh grocery market, established in 2012 and headquartered in Beijing. The company specializes in selling a wide range of products, including fruits, vegetables, meats, seafood, dairy, snacks, and kitchen supplies, through its e-commerce platform. With over 25 million paying users across 550 cities, Benlai is committed to providing safe and high-quality food to households throughout China. It maintains a network of warehouses in key cities like Beijing, Shanghai, and Guangzhou, along with temperature-controlled logistics supply centers, ensuring efficient delivery of groceries to customers. The company employs approximately 2,700 people and has achieved significant revenue, reflecting its prominent position in the online grocery sector.

Benlai

Series A in 2014
Beijing Benlai Workshop Technology Co., Ltd. operates as China's largest online fresh grocery market, established in 2012 and headquartered in Beijing. The company specializes in selling a wide range of products, including fruits, vegetables, meats, seafood, dairy, snacks, and kitchen supplies, through its e-commerce platform. With over 25 million paying users across 550 cities, Benlai is committed to providing safe and high-quality food to households throughout China. It maintains a network of warehouses in key cities like Beijing, Shanghai, and Guangzhou, along with temperature-controlled logistics supply centers, ensuring efficient delivery of groceries to customers. The company employs approximately 2,700 people and has achieved significant revenue, reflecting its prominent position in the online grocery sector.
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