Hundreds Capital is an investing institution founded in 2015 in Beijing, China, and is managing several RMB and USD denominated funds, with over RMB 10 billion AUM.
Hundreds Capital focuses on growth investments including opportunities in Retail and Entertainment, Life Services, Data Technology, New Energy Vehicles, AI, Semiconductor, and other emerging industries. Employing money capital and human capital, Hundreds Capital is committed to supporting the growth of portfolio companies, optimizing allocations of social resources, and contributing to the upgrade of the economic structure of China.
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.
Dr.Zhang was the chief coordinator of the PLA General Armament Department Finance Bureau and had served as the chief coordinator of domestic and foreign commercial satellite launch projects for long. He also served as the executive director of Taiji Fanghua System Engineering Company, chairman of Beijing Hongyi Huijin Investment Management Company, and executive director of Beijing Science and Technology Parks Co., Ltd.
Dr.Zhang has extensive experience in Real Estate, Telecommunication, Electronics, Construction and Financial Investment sectors. He is an expert in investment and sophisticated in business operational management.
Mr.Yu used to work for China Equity Group, CICC and Ernst & Young China, served as associate director, analyst(Retail Sector) 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.
Prior to joining Hundreds Capital, Ms. Lu worked at CPP Investment on Private Equity Asia team where she focused on funds investment, covering due diligence, performance monitoring, LPAC communication and discussion, new trends/sectors identification, etc. Previously, she worked at Bank of America Merrill Lynch in Mergers & Acquisitions and Corporate Finance across its New York and Hong Kong offices.
Mr. Wei used to work for Alibaba Cloud, SanDisk, Marvell, and LeadCore. He has extensive experience in IoT, Semiconductor, and Mobile Communication industry. He had served as VP at Alibaba IoT and was in charge of Terminal and Network business. He also had investment management of chipset and hardware projects.
Bachelor degree, Peking University
Ms.Liu previously worked for the Research Institution of Chinalin Securities, State-owned Assets Supervision and Administration Commission of Shenzhen Municipal, and the Business School of University of Birmingham. She covered real estate, consumer goods, and TMT industry researches, and deeply participated in Shenzhen state-owned enterprise restructuring and equity diversification projects.
Ms.Liu has keen understandings of Chinese and foreign capital markets, and she is an expert in enterprise financing and investing advisory. Her advisory expertise also lies in corporate development, marketing, industrial integration and industrial chain structure planning.
Ms. Zhang used to be a senior associate of a red-circle law firm Commerce & Finance Law Offices and has more than seven years of lawyer experience. She provided long-term legal services for first-tier funds and enterprises. The services cover the full cycle of fundraising, investment and financing, M&A, and capital markets. The service area focused on TMT and New Economy industries, including fin-tec, AI, innovative medical care, enterprise services, new consumption, and cultural media.
She has an accurate grasp of legal supervision of TMT and New Economy industries and rich experience in legal risk control of funds and enterprises in different types of projects.
More than 18 years of experience in the semiconductor industry chain. Used to work in TSMC (Shanghai/Hsinchu), GlobalFoundries (Singapore), HDSC MCU, SEMI China, and Hanergy Germany with experience in technology development, marketing, strategy, and senior management. He has first-hand technology accumulation in semiconductor chip design, Foundry manufacturing process, equipment development, and material application.
Mr. He has 8 years of relevant experience in risk management and has worked in China Bohai Bank, Everbright Fortune Financial Leasing, Changjiang Asset Management, Shanghai SunIC Capital, and other institutions. He has rich experience in financial management, business strategy, industry research, risk identification and optimization, and has been responsible for the construction of risk control systems, equity investment project due diligence, and risk control.
Bachelor degree in Business Administration, Shanghai University
Ms.Yan previously worked for Deloitte and Ping An Securities. She has experience in domestic and overseas capital markets, operational management of RMB and USD funds and establishments of domestic and foreign funds.
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.
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.
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.
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.
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.
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.
Li Industries is a high-tech enterprise specializing in the development and application of lithium battery recycling technology and is headquartered in the U.S. Through recycling and reusing of consumer electronics lithium batteries and power lithium batteries, Li Industries is committed to reducing environmental pollution, enhancing recycled material values, and reducing the production cost of key raw materials of lithium batteries. Li Industries owns a number of patents related to lithium battery recycling technology and has been supported and funded by the National Science Foundation of U.S. Li Industries also won the first battery recycling award established by the U.S. Department of Energy.
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.
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.
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.
Jaguar Microsystems 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 Microsystems aims to advance the frontier of data center and cloud computing technologies and establish the industry standard of software-defined chips.
Yipin Fresh is a fresh grocery shop that provides fruits, vegetables, meats, and FMCG through its own product chains. Servicing community dwellers domiciled within 500-1500 meters around store locations, Yipin takes residential community as a major entrance of customers flow. Yipin's standard store is of 300-400 square meters, presenting about 1500 SKUs, and 65-70% of store GMV originates from fresh goods sales. Yipin has strong cross-regional developments capabilities and fast ramping up speed. Founded in Hefei, the provincial capital of Anhui Province, it has successfully replicated its business model and advanced to Chongqing, Nanjing, Wuhan, Chengdu and other provincial capital cities of China.
Founded in 2013, Ruston is a comprehensive service provider for cross-border trades between China and Russia. It has four main sections covering cross-border logistics and warehousing, supply chain trading, supply chain financing, and e-commerce distribution services. Providing Chinese enterprises with high-efficiency and low-cost export solutions, Ruston is dedicated to facilitating Chinese brands to go overseas. Ruston has serviced 170,000 Chinese China-to-Russia e-commerce platforms and covers 27 million Russian online consumers.
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 Technology 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.
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.
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.
DERA is a technology-oriented product research and development company dedicated to the development of the underlying storage core technology in the computing architecture - semiconductor storage. The main products of DERA are enterprise SSD controllers, Turn-key solutions, and enterprise SSDs that follow the NVMe standard protocol. The company has a fully structured technical team, covering key links like chip design, firmware development, board design, mass production assurance, upper-level software design, and system technical support.
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.
Mafengwo is a Chinese travel SNS website that provides one-stop travel essentials and enables users to share travel experiences with each other. Based on accumulated contents and the adoption of AI technology and algorithm, Mafengwo connects individualized tourism data with global tourism product providers to offer users diverse tour experience. Mafengwo platform also offers product reservation services including transportation, hotels, spots, catering, shopping and leisure, covering over 60,000 destinations around the globe.
Launched in September 2015, Pinduoduo is a third-party social e-commerce platform, mainly providing group buying offers at reduced prices. Pinduoduo 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, Pinduoduo was listed on the Nasdaq Stock Exchange.
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.
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.
Launched in April 2018, Beike 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 Beike’s platform.
Xingsheng Youxuan 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 Youxuan 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.
Yunxuetang 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.
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.
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 2020, Gearkun is a SOC company dedicated to industrial Internet applications. The main business is the design and sales of SOC and solutions. It also provides related technical consultation and technical services. Gearkun independently researches and develops industrial IoT SOC and algorithm software. Taking industrial IoT as the main application scenario, it provides open software, hardware platforms, and application solutions for vertical industry customers.
Innochip Technology focuses on the research, design, and application of integrated circuits in the field of communication. Innochip Technology takes 5G chip products as the core, and its products cover 5G small base station chips, analog baseband, radio frequency chips, communication/Internet of Things chips, MCU control chips, etc. The team has chip design experience in the general market and industry market with independent intellectual property rights. Also, the team has experience in mass production of mainstream chip technology and in the whole process from chip product design to large-scale commercial operation. The company provides professional 5G chip products, focuses on the application of low-power technology in the chip field, and is committed to becoming a domestic high-quality chip supplier.
Sine Microelectronics is an integrated circuit design company focusing on automotive-grade/industrial-grade MCU & SOC and peripheral supporting analog/power chips. Sine Microelectronics has successfully launched two series and several vehicle-grade MCUs that have passed the AEC-Q100 standard certification, which has been successfully applied to automotive LED dynamic running lights, vehicle wireless charging transmitters, window glass regulators, and other automotive electronic components. The company supplies batches to many well-known car manufacturers. The company’s MCU & SOC and peripheral supporting analog power chips are also widely used in the field of industrial and consumer electronics, especially in the fields of motor control and wireless charging products.
Prochip Group, founded in 2019, provides professional and high-quality electronic gas overall solutions for semiconductor industry manufacturing companies. The company's vision is to become a world-class electronic gas platform company in China. The core team of Prochip Group comes from the electronic gas business departments of world-class gas companies such as Linde. Members of the core team of the company have participated in the bulk gas station projects of most domestic first-class FAB factories such as Intel, TSMC, SMIC, Leadcore Technology, and YMTC, as well as head panel factories such as Samsung and BOE.