All investors

JOY Capital

• Grid/power transmission

Joy Capital focuses on the investment in early scientific and technological innovation enterprises, with long-term and continuous support for the core technologies of building new infrastructure and the reconstruction of many trillion-level industries based on new infrastructure. The company adheres to the investment strategy of "facing the stronghold", and looking for "non-consensus" and "accompanying" outstanding entrepreneurs for a long time are the consistent investment philosophy of Joy Capital. The investment cases of Joy Capital include NIO Automobile, Mobike, Tuhu, Future Beyond Sight, Luckin Coffee, Lumi United, Ehome, Lemon Photonics and North Ocean Photonics, etc.

Panda Capital

• Electric vehicles
• Green transportation

Panda Capital was established in May 2015 and co-initiated by four cutting-edge investors, Li Lun, Liang Weihong, Li Xinyi and Mao Shengbo. It is positioned as an early venture project investor, focusing on real estate, automobile, finance, corporate service and logistics, healthy consumption and other fields integrated with the internet. The team members come from domestic leading mainstream funds such as Morningside, Qiming VC, Ceyuan, Empower Investment and Delta Capital. Panda Capital owns RMB and USD dual-currency funds, and its investment stage ranges from angle to B round, and has invested in dozens of star entrepreneurial projects such as Mobike, Aotu Mobility, Mimo Technology, Kaiyun Motors, Robot++, River Tech, Pet Home, Bomao Catering and Fermion.

NGDF

• Lithium batteries
• Electric vehicles

The NGDF is a national-level investment fund that takes the thought of ecological civilization as its guiding principle and fundamental philosophy, aims to build a beautiful China, follows the general requirements of strengthening the construction of ecological civilization, caters to market demands, actively guides social capitals to invest in green development sectors such as the atmosphere, water, soil and solid waste pollution treatment, and promotes the development of green industries such as pollution treatment and ecological restoration and high-quality economic development.

WEED VENTURES

• Digital technology for carbon accounting and consulting

Qingdao Weed Venture Capital Management Co., LTD. (WEED Ventures) is a strategic industrial VC investment institution with an international vision. Currently we manage capital of 700 million yuan. Relying on our own funds and shareholders' resources, we seek investment opportunities in advanced manufacturing, high technology, industrial Internet, new consumption and other related fields, make long-term value investment in enterprises with core competitiveness, and introduce strategic industrial resources to the invested enterprises in post-investment management and value-added services. 500 million direct investment funds are mainly invested in early-stage technology enterprises, and 200 million FOF funds are mainly invested in domestic mainstream VC investment institutions. We focus on advanced manufacturing, AI applications, intelligent Internet of Things, TMT, industrial Internet, and new consumption.

• Lithium batteries
• Circular economy

Established in 2016, Galaxy Capital is an early investment fund focusing on industrial Internet investment. Galaxy Capital mainly invests in early B2B projects, including the fields of construction materials and home decoration, frozen fresh food, industrial products, fast moving consumer goods, and financial insurance. Successful cases of early investment or entrepreneurship include Zhaogang.com, Huitongda, Haiziwang, Skio Motors, Car Zone, Zhaoil.com, Vedeng, etc. We focus on B2B, AI, artificial intelligence, big data, cloud computing and other fields.