Xiang He Capital

Xiang He is one of our most important investors and has provided valuable support to us ever since our Series B round financing. I have always admired the insightfulness and strategic thinking capabilities of Xiang He team, especially Hesong. Up until today, I still regularly exchange views with Xiang He team on our strategic directions, industry dynamics and landscape, etc.

Seven years ago, Xiang He led the investment in Yunmanman with its unique understanding of China’s trillion-yuan logistics industry and has continued its support to us. Seven years later, as a top-notch investor in the logistics industry, Xiang He invested in Yunmanman Cold Chain, a spin-off from us. We deeply appreciate Hesong and the rest of Xiang He team for their trust and support and we have become closest friends and allies. It is with such trust and support that we could pursue our mission of “empower enterprises with greater logistics competitiveness”.

Xiang He Capital has been one of the most important partners to us since the incorporation of iQiyi. Hesong and his team has provided invaluable support and professional advice to us at many critical moments in the development of iQiyi. I am very impressed by Xiang He team’s forward-looking prospective in identifying new investment opportunities and new trends. Our most frequent discussion topics include e.g., how could new technologies change the industry, and how to create new opportunities.