Founded in Beijing in 2015, Hundreds Capital manages multiple RMB and USD funds, with total assets under management (AUM) nearing 20 billion RMB. Our investment portfolio spans emerging sectors such as semiconductors, artificial intelligence, high-end equipment, consumer markets, new energy, and TMT. We are dedicated to leveraging our capital and expertise to support the growth of our portfolio companies, optimize the allocation of social resources, and contribute to the transformation and upgrading of the Chinese economy.
Dr.He is one of the first experts in China’s management consulting. In 1996, he established the management consulting company of Peking University. He presided over the consulting projects including TCL group, Samsung, Shenzhen Konka and other famous enterprises.
Dr.He is also a pioneer of Internet entrepreneurs in China. In 1998, he founded the Peking University Business Network, of more than 1 billion RMB valuation and obtaining a successful listing on Hong Kong Stock Exchange in a mere three years since the foundation.
In 2011, Dr.He served as HR manager in China Investment Corporation (CIC). Over his three-year service, Dr.He refined the core values of CIC's "Responsibility, Synergy, Professionalism and Aspiration", and published CIC Culture Consensus.
In 2015, Dr.He founded Hundreds Capital.
Dr.He has solid theoretical knowledge, extensive practical experience, a keen insight into industrial development strategies, and a deep understanding of corporate management. He is capable of conducting accurate assessments of corporate management teams and is a reliable consultant and promoter in portfolio companies development plans.
Mr.Yu used to work for China Equity Group, CICC and Ernst & Young China, served as associate director, analyst (Consumer Discretionary) and senior auditor respectively.
He has extensive experience in private equity and stock market investments and is an expert in fund management, industry research, company valuation and financial analysis.
Mr.Yu is a licensed Certified Public Accountant (CICPA).
Mr.Huang formerly worked for CNOOC, WANDA Group, and a restaurant chain, served as finance manager, finance director, and director of risk control respectively. He has extensive experience in financial management, internal control and listing planning.
He has participated in multiple equity investment projects throughout the whole processes and has extensive experience in investment risk management and control, and post-investment governance. He focuses on reducing investment risks and helping invested companies achieve standardized operations and maximize asset values.
Mr. Zhao used to work for Intel China, Leadcore Technology, and Shanghai Huahong (Group) with over 18-year experience in the Communications and Semiconductor industry.
Before joined Hundreds Capital, Mr. Zhao was a Vice President at Shanghai SunIC Capital and participated in several private equity investments in the Semiconductor Industry.
Supercell is a world leading mobile game company. Headquartered in Finland, it was founded in 2010 by Ilkka Paananen and five other co-founders. Supercell is among the best mobile game developers in the world and is deemed as "Blizzard in Mobile Games". Supercell has released 5 games: Hay Day, Clash of Clans, Boom Beach, Clash Royale, and Brawl Stars, all of which are hit mobile games.
Meituan Dianping is the largest local life service O2O platform in China. It has merged the businesses of both Meituan.com and Dazhong Dianping and has further acquired Mobike. Its main businesses cover grocery and food delivery, lodging and tourism businesses, group purchase, and social platforms. Meituan Dianping's opeartions have maintained leading status and rapid growth for years. In September 2018, Meituan Dianping was listed on Hong Kong Stock Exchange.
Launched in September 2015, PDD is a third-party social e-commerce platform, mainly providing group buying offers at reduced prices. PDD mimics the offline shopping experience by building communities with team purchase model, driving engagement through interactive games and rewards, and offering personalized experiences and value via recommendations. In July 2018, PDD was listed on the Nasdaq Stock Exchange
MINISO is a fast fashion brand and retailing store, selling household items, health & beauty, daily life products, fashion accessories, food & beverage, and digital products, of which prices range from 9 RMB to 38 RMB. MINISO is the global promoter of “intelligent consumer products”. Following the philosophy of “simplicity, nature and good quality” and “returning to nature”, it gains popularity among consumers with its designer product at an affordable price.
Kuaishou is one of the largest short video community in China, with more than hundreds of millions of daily active users and billions of videos uploaded to the platform. It also operates the largest live streaming platform in China and has advanced to live streaming e-commerce, game distributions and movie publishing businesses.
NIO is much more than an electric vehicle company. NIO designs and develops smart and high-performance electric vehicles with an aim to be the first “User Enterprise” in the world.
Backed by the No.1 Chinese social network of Tencent, Tencent Music Entertainment Group is China's largest online music streaming provider. It generates revenue through music membership, live-streaming, sub-licensing, advertising and other music related services. Notably, it owns the exclusive copyrights and digital distribution rights in China of Universal Music, Warner Music, Sony Music, Huayi Brothers, YG Entertainment, and other influential music publishing companies. In December 2018, Tencent Music Entertainment Group was listed on the New York Stock Exchange.
Registered by Hong Kong Securities and Futures Commission, Futu Securities redefines online brokerage services in Hong Kong & Mainland China with leading internet & financial technology. Futu’s investing platform, called Futubull, provides superior all-in-one investing solutions to investors and has largely augmented user bases in the past few years. In March 2019, Futu Securities was listed on the Nasdaq Stock Exchange and became the first Chinese online securities brokerage listed overseas.
Founded in March 2018, Enflame is a startup in China with high-performance cloud training and cloud reasoning products. It focuses on AI cloud computing platforms and is committed to providing the AI industry with popular infrastructure solutions, offering high computing power, high energy efficiency, programmable general-purpose AI training, and inference products with proprietary intellectual property rights. The innovative structure, connectivity solutions, and distributed computing and programming platform can be widely used in cloud data centers, supercomputing centers, the Internet, and numerous AI scenarios in finance services and government administration.
Jaguar is a leading technology company developing a new generation of DPUs and advanced silicon solutions for modern data centers. The company has gathered a world-class silicon and software team formerly from Broadcom, Intel, Arm, HiSilicon (Huawei), and Alibaba with a core team each with over 20 years of experience in the semiconductor industry. Jaguar aims to advance the frontier of data center and cloud computing technologies and establish the industry standard of software-defined chips.
Launched in April 2018, Ke Holdings is a platform providing residential services, including second-hand housing and new properties transactions brokerage, rentals, and decoration services. Through organization restructuring, the offline real estate brokerage business of Lianjia has been merged into Ke’s platform.
Founded in 2013, Nu Holdings Ltd. (“Nubank”) is a full-service Brazilian neobank offering credit cards, bank accounts, personal loans, debit cards and other services through its APP.
Nubank was listed on the New York Stock Exchange under the ticker NU on December 9, 2021.
Mobike was a world-leading Internet short-distance travel solution provider. It pioneered the dockless bike sharing model, allowing users to rent a bicycle by simply scanning a QR code through Mobike App. It was included in Fortune's 50 Companies That Changed the World in 2017. Mobike was acquired by Meituan Dianping in April 2018.
BAIC BJEV was granted the first new energy vehicle manufacturing license of China. It boasts three key core technologies – China’s leading vehicle system integration and matching, vehicle control systems, and electric drive systems. It topped the Chinese pure EV sales for six years in a row from 2013 to 2018. In August 2018, BAIC BJEV finished back-door listing and became China's first public-traded new energy vehicle manufacturing company.
Founded in 2012, Yuanfudao is one of the largest online live course platforms servicing primary and secondary school students in China. It offers a comprehensive curriculum spanning from math and English in primary school to all-subject courses in secondary school. Its unique online feature and a large pool of quality teachers enable students to access live online tutoring at home taught by nationally renowned teachers, benefiting students across the country.
Farasis Energy is an advanced lithium-ion battery technology company. Visionary enough, Farasis is one of those manufacturers that are dedicated to researching and producing ternary material batteries with soft pack structure in the early stage. Company customers include Daimler, BAIC BJEV, GAC, Great Wall, Changan, Geely, FAW, and JMC brands.
UiPath, Inc (“UiPath”) is a leading Robotic Process Automation (“RPA”) vendor, based in the US, providing a complete software platform to help organization efficiently automate business processes.
UiPath was listed on the New York Stock Exchange (NYSE: PATH) on April 21, 2021.
Ziroom is an apartment rental O2O platform. It leases and renovates apartments from individual owners to provide higher-quality apartments and services to renters. Through innovative online and offline platforms, Ziroom offers one-stop solutions for apartment rental process and living experiences, including apartment searching, contract signing, payment systems, and maintenance services.
Fenbi is an online education platform. The online platform provides services such as civil service exams, postgraduate entrance exams, teacher qualifications, public institutions, English, construction, accounting, and many more training courses to name. It uses technical means to realize intelligent correction functions and provides free question banks for users. Fenbi also provides Live courses with physical books, test papers, and customer service.
Since 2020, the company has increased its investments for offline channels and has found them-selves vying in markets outside metro cities. By January 2021, Fenbi has operated 396 learning centers, having more than 48 million loyal users and 7.03 million paying users.
Joy Group is a multi-brand beauty conglomerate committed to the mission of "Creating Beauty, Sharing Happiness." The group owns three distinguished brands: JUDYDOLL, JOOCYEE, and René Furterer (China business).
In 2023, Joy Group secured its position as one of the top two local cosmetic companies in color cosmetics sales. Additionally, it ranked among the top five cosmetic companies, including multinational corporations, in the same category.
Founded in 2007 as the logistics arm of JD Group, JD Logistics is a leading logistics platform in China that offers integrated warehousing, delivery, and other logistic-related services.
JD Logistics was listed on the Hong Kong Stock Exchange under the ticker 2618 on May 28, 2021.
Founded in 2015, DataGrand is committed to the development and application of Natural Language Processing(NLP), Optical Character Recognition(OCR), Knowledge Graph, and other AI technologies. It provides customers with multiple text automation solutions, such as documentation review, intelligent recommendation, intelligent search, knowledge mapping, etc.
DataGrand RPA product was first launched in 2019 and is the only software automation product in the industry that is developed based on Google Golang and supports all operating systems.
Founded in 2011, Tuhu Car Inc. (“Tuhu”) is a leading O2O automotive maintenance chain service provider in China.
Tuhu was listed on the Hong Kong Stock Exchange under the ticker 9690 on September 26, 2023.
Giant Biogene, established in 2000, is a high-tech enterprise grounded in technological aesthetics and is a pioneer and leader in China's professional skincare industry based on bioactive ingredients. The company focuses on three main sectors: functional skincare products, medical devices, and functional foods including foods for special medical purposes.
XYLink is a cloud video ecosystem company that uses cloud computing to implement multi-party video conference and video business applications. It has dozens of independent audio and video innovation patents in China and the United States. XYlink implements SVC (scalable video condec) technology that generates multiple video stream layers: from the mainstream (with the lowest bitrate) to many additional layers, allowing scalable adaptation to fit the bandwidth available and device capabilities by adjusting the number of enhancement layers sent to the device.
Founded in 2017, CCMC is mainly engaged in the research and development, and production of high-quality semiconductor wafers for integrated circuits. In 2020, the three factories of CCMC realized the complete production from the drawing of semiconductor monocrystalline silicon rods to the processing of 100mm~300mm semiconductor wafers. Now it has nine 8-inch production lines and two 12-inch production lines with mature technology, with an annual production capacity of 2.4 million wafers/300mm, 5.4 million wafers/200mm, 4.8 million wafers/150mm, and is committed to becoming the main supplier of global semiconductor wafers. The company's mission is to break the long-term monopoly of foreign companies on the domestic semiconductor wafer market and realize the real "Made in China" in the semiconductor silicon material industry.
Established in 2017, Radrock is a high-tech enterprise specializing in the research, development, and sales of 4G and 5G RF front-end chips, WiFi PAs, L-FEMs, and other products. Their product range covers mobile phones, IoT modules, routers, and more.
Founded in 2015, J&T Global Express Limited (“J&T”) is a fast-growing express delivery company with operations in Southeast Asia and China.
J&T was listed on the Hong Kong Stock Exchange under the ticker 1519 on October 27, 2023.
Xingsheng Preferred was founded in 2018, as part of Furong Xingsheng e-commerce unit of Hunan’s local supermarket chain. It is a leading company in its industry and relies on convenience stores located around the country to provide its goods and services to the target consumers. The company’s business model evolves the idea of “pre-sale on the same day, delivery on the next day, self-pick up in the store”, to meet daily needs of families.
Xingsheng Preferred takes advantage of the modern logistics resources and retail sources. That has allowed the company to establish a pipeline like method where SKUs can flow though smoothly, providing community stores with a better access to high quality and inexpensive goods, and help the company cut the costs and improve the working flow of the organization.
Golden Education, founded in 2006, is committed to the career advancement for individuals and business development for enterprises. It mainly offers preparation courses on Financial and Accounting certificate examinations and training programs on Tax and Finance skills. Golden Education is a vertical leader and has obtained a clear leading status in preparation courses in those exams in English, including ACCA/CFA.
Mininglamp was found in 2006. It is a leading one-stop enterprise AI product and service platform in China. It is committed to exploring the application of the new generation of artificial intelligence technology in industries with high knowledge and management complexity. It connects perceptual and cognitive intelligence through multi-modal artificial intelligence and big data technologies, and realizes high-level artificial intelligence applications with analysis and decision-making capabilities, allowing the organization to operate efficiently. Its services cover advertising marketing, public safety, finance, catering and new retail services, with clear edges in every serviced sector.
Vision Medicals, established in 2018, focuses on the field of genetic diagnostics and precision medicine for infections. The company is building an AI diagnostic system for infectious diseases based on genomics, radiomics, and electronic medical records (EMR) to provide comprehensive precision diagnostic solutions for clinical infections. Vision Medicals has already served over 1,500 clinical units and accumulated a large dataset of over 200,000 pathogen metagenomics samples.
Founded in 2013, Navigator is a service provider dedicated to the digital international expansion of Chinese brands. Based on a profound understanding of the full lifecycle of Chinese brands and leveraging extensive experience and capabilities in overseas markets, Navigator integrates a full-chain service for brand internationalization through a digital platform. It offers targeted solutions for brands at different stages. While providing comprehensive support for Chinese brands going global, Navigator deeply integrates the Chinese brand supply chain, linking global markets with Chinese brands. This transition enables Navigator to evolve from a traditional cross-border supply chain service provider to an industrial internet enterprise.
YXT was founded in 2011, as a corporate training solution full-stack provider offering one-stop training solutions including SaaS and content development. It provides data analysis and management services for more than 3,000 large corporate clients and 300,000 SMEs accounts. The company achieves a strong presence in terms of the content provider, exceeding in both quantity and quality. In addition, it excels at professional services capabilities, delivering services including project landing, operating, data analysis, system maintenance, and other outsourcing services for corporate clients.
Founded in 2012, Maxing Limited (“Heytea”) is a leading branded tea chain store, primarily operating in mainland China and some presence in Hong Kong and Singapore. The company targets the massive tea-drinking market by providing innovative beverages to satisfy consumers’ growing appetite for quality products and services.
SiEngine was established in Wuhan in 2018,with R&D centers and sales offices in Wuhan, Beijing, Shanghai, Shenzhen, and Shenyang. The company is dedicated to the design, development, and sales of advanced automotive electronic chips, with the mission of “Enable Everyone to Enjoy the Fun of Driving”. The company is committed to becoming a global leading supplier of total solution for advanced automotive electronic chips.