The fund typically invests in rounds with 3-4 participants and has been involved in funding rounds with StarVC, SkyChee Ventures, and Ping An Ventures. Yonghua Capital, Tangrong Capital, and Sunz Fund are significant sponsors for the fund. Talkweb, Shiyu Capital, and Seven Seas Partners are common sources of funding in subsequent rounds. The fund typically invests in deals over $100 million and has been active since 2014. It primarily invests in startups that are 6-10 years old and operates in various sectors, including Project Management and Logistics. Notable portfolio startups include YH Global, JMGO, and Idaddy. The fund is managed by Shanghai Stone Capital and focuses on investing in consumption companies in Mainland China.