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.

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.

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 an information technology company that provides an AI-based business risk control for companies and organizations. It specializes in SaaS, AI-based risk control service network, data-driven products, and bigdata. The company was founded in 2015 and headquartered in Wangjing, Beijing, China.

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.

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.

HotSpot was established in 2008.In Apr. 2010 HotSpot set up the big Central Kitchen-Shanghai Nanhui Industrial Zone Catering Service Center in Shanghai Nanhui Industrial Zone where it is located in the centre of Great Pudong surrounding by Disney Land and International Tourism Resort Area in the north and China (Shanghai) Free Trade Zone in the north, east and south-east. In addition, They established the other central kitchen in Jinqiao. The two central kitchens are about 3000 S/M.HotSpot provides the complete one stop solution of catering services such like food distribution, on-site canteens hosting and operation of restaurant to Industry Park, Manufacturing Services Park, High Tech Park, Economics Development Park, Commercial Office Park and Buildings and etc.And they offer 40000 sets of meals per day.The Company is aiming to be integrated with the specialty cuisine, intelligent management and social responsibility.

DataCanvas is a data analysis service platform based in China.

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

Shumei Technology is an information technology company that provides an AI-based business risk control for companies and organizations. It specializes in SaaS, AI-based risk control service network, data-driven products, and bigdata. The company was founded in 2015 and headquartered in Wangjing, Beijing, China.

Yunxi Technology, based in Hangzhou, is an intelligent digital service provider specializing in cloud migration and digital transformation for medium-sized enterprises. The company leverages big data and cloud technology to offer network construction and cloud application services, targeting industries such as consumer goods, real estate, and automotive. With a focus on driving enterprise digital transformation, Yunxi utilizes a dual-center platform centered on business and data. The company has successfully implemented digital solutions for over 40 leading domestic and international companies, including Zhujiang Beer and Changan Ford. Yunxi has a robust technical team, comprising more than 85% of its 600+ employees, which underscores its strong capabilities in research and development. As a core partner of Alibaba Cloud, Yunxi aims to enhance digital service offerings and facilitate industry transformation through innovative cloud solutions. The company has also secured strategic investments from prominent funds, further supporting its growth and service expansion in the digital landscape.

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 providing consumers with home, clothing, food, beauty, mother and baby, etc. good stuff. Different from the traditional platform, the store communicates through the social sharing of people, realizes the three-way connection between consumers, shopkeepers and supply chain, and delivers selected good goods to consumers. Badian adheres to the source supply chain model and has reached in-depth cooperation with tens of thousands of high-quality brands, source factories and agricultural products bases around the world to ensure that consumers can spend less money to buy better products.

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.

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.

DataCanvas is a data analysis service platform based in China.

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.

Originally known as EasyVan, Lalamove was launched to satisfy a specific logistical need - van hire. Started in Hong Kong in December 2013, Lalamove operates in 21 markets across Asia and Latin America connecting over 7 million customers with a pool of over 700,000 driver-partners. The Lalamove way has revolutionized old van hiring call centers to being so streamlined, customers and drivers match with each other within 12 seconds. Local deliveries are fulfilled at a breakneck 55 minutes, door-to-door. Providing reliable and quick deliveries for customers, Lalamove also optimises drivers fleet and route to maximise their earning potential.

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.

Originally known as EasyVan, Lalamove was launched to satisfy a specific logistical need - van hire. Started in Hong Kong in December 2013, Lalamove operates in 21 markets across Asia and Latin America connecting over 7 million customers with a pool of over 700,000 driver-partners. The Lalamove way has revolutionized old van hiring call centers to being so streamlined, customers and drivers match with each other within 12 seconds. Local deliveries are fulfilled at a breakneck 55 minutes, door-to-door. Providing reliable and quick deliveries for customers, Lalamove also optimises drivers fleet and route to maximise their earning potential.

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.