The fund typically invests in rounds with 7-8 participants and has notable sponsors such as Baidu, Shunwei Capital, and Sequoia Capital China. It has a preference for startups in the TV and Facial Recognition fields, with an average startup value of over $1 billion when invested by the fund. The fund usually engages in deals worth more than $100 million and has a higher exit commitment rate compared to other companies. Some of its successful portfolio startups include iQiyi, NIO, and SenseTime.