The firm, founded in 2014, has invested in about 20 startups, with a portfolio that includes companies in insurance crowdfunding, tourism, cultural IP, intelligent hardware, and cloud. Many of the entrepreneurs in these startups come from prominent Chinese companies like Alibaba Group, Tencent, and Baidu. Several of the portfolio companies have raised follow-up funding from leading institutions such as IDG and Tencent, and two are preparing for listing on the National Equities Exchange and Quotations.