Founded in 2003 and sponsored by Legend Holdings, Hony Capital has over USD 6.8 billion in assets under management and investments in over 60 companies. The firm focuses on sectors where it has developed expertise, including pharmaceuticals and healthcare, consumer & retail, media & entertainment, financial services, construction materials, machinery, and alternative energy & resources. Hony Capital partners with managers and entrepreneurs to build sustainable leaders in their respective industries, adhering to their "value creation" investment philosophy. Their portfolio companies include China Shijiazhuang Pharmaceutical Group, Zoomlion, Suning, WeWork, and more, totaling about RMB 2.9 trillion in assets value with sales volume of RMB 860 billion. Hony Capital aims to become a trustworthy and respected leading Chinese investment management company with worldwide prestige and long-term strength.