The fund primarily invests in startups that are 6-10 years old and typically participates in rounds with 3-4 other investors. It has meaningful sponsors such as Yuxin Capital, New Oriental Education and Culture Industrial Fund, and Neixiang Fund. The fund's top activity was in 2018, and it usually invests in deals ranging from 10 to 50 million dollars. When Zhihe Capital invests, the average startup value is between 100 and 500 million dollars. The fund's investment strategy is based on industry and value, focusing on a small number of high-quality enterprises to ensure a high success rate.