Managing Partner and President: Mr. HE Shixiang

Top 10 Investors in China’s Culture and Consumer Industry, 2016-2020 (by Chinese Venture)
The 70 Venture Capitalists Born in the 1970s, 2016-2017 (by CLPA)
Best Venture Capitalist Born in the 1970s, 2017-2018 (by CLPA)
Mr. HE Shixiang earned his FMBA degree from the joint program of Tsinghua University and the Chinese University of Hong Kong. As a VC fund partner of Fortune Capital, he led investments of RMB1.5 billion in fifteen deals, such as Focus Media (002027), MGTV (300413), G-bits (603444), iSoftStone (301326), Huimin, MicroVision (300379), Meiya, Huatec and Meetsocial, and participated in nearly RMB1.2 billion of investments in twenty deals, such as iRENA, NutsIT, Deerma, dreame, Amiro, and Osuga. Mr. He is also an early-stage investor of Narwel, a unicorn in the techy consumer sector.
Focus Media: Cultural Investment of the Year 2015 (by ChinaVenture);
G-bits: Exit Deal of the Year 2016 (by ChinaVenture);
Meetsocial Cultural Investment of the Year 2020 (by ChinaVenture);
Narwal: Top 30 Unicorns in Consumer Sector 2021 (by Blue Shark Consume);
Huimin: Industrial Internet Unicorn of the Year 2021 (by China Internet Week)

Founding Partner: Mr. WANG Yaning

Mr. WANG Yaning earned his MA degree from the Department of Chinese Language and Literature, East China Normal University, and his MBA degree from Guanghua School of Management, Peking University. Mr. Wang has tremendous investment experience in culture, education, media, and consumer sectors. In Fortune Capital, he served as Investment Director, and Assistant Secretary General of the Investment Committee. Moreover, he was the CEO of First Capital Dingge Education Fund, and a founding partner of China Thrive Fund. He led nearly RMB500 million of investments in twelve deals, such as METX, ZMC, Time High-Tech, Dexter (awarded by 36Kr Future as “High-Growth Consumer Brand of the Year 2022”), PU Skinnology (awarded by 36Kr Future as “Emerging Force of the Year 2021”) and Youth Zoo (awarded by China Internet Week as “Top 100 MCN Institutions 2021”). As the General Manager of First Capital Dingge Education Fund, he led the RMB1 billion fund, First Capital Education Industry Fund (First Capital Guolian Culture and Education Investment Fund), and the RMB100 million fund, LAF China Thrive Cosmetics Industry Fund (Zhuhai Lafang Pinguan Huaxi Fund, LLP).

Founding Partner: Ms. YIN Yixi

Ms. YIN Yiqian graduated from Beijing Normal University, and attended Columbia University as a visiting scholar. She previously worked as portfolio manager, Grand Flight Investment, Investment Director, Wisdom Sports (01661.HK), CEO, Qianhe Angel Investment, and Investment Director, CITIC Culture Capital and CITIC Publishing (300788), leading investments in such deals as Master Learner, Best Learning (836427), ZGB, Vning Sports, Easted (831142), Miss Fresh, Music Wave, and Phoenix Tree, and M&A deals such as Confucius International Education, Montessori Academy and Guanghe Lixing.

Chief Risk Officer Mr. HE Zhongfeng

Mr. HE Zhongfeng holds an LL.M. degree from Wuhan University and the Chinese legal qualification. In BeStar Securities, he served as the Assistant to President, Director of Investment Banking Department, and Director of Risk Control Department, led the formation, fundraising and post-investment management of industrial funds, such as Hebei Bokang Hi-Tech Industrial Fund and Jiangsu Ziguang Intelligence M&A Fund, and advised on the M&A and restructuring deals of 20-plus mainboard-listed companies, such as Tonghua Golden Horse, and Tibet Tourism, and 20-plus NEEQ-listed companies, such as the 9Edu and Zhongkong Zhilian. Years of service on multiple positions accorded Mr. He multi-faceted experiences in investment, investment banking, research, and risk control.

Chief Operation and Post-Investment Management Officer Mr. SHU Zhilong

Mr. SHU Zhilong holds a bachelor degree in accounting from Nanjing University of Finance & Economics, and an LL.M. degree from China University of Political Science and Law, and is qualified in China as a certified public accountant and public valuer. He previously worked in Zhongyi Certified Public Accountants, the BUAA Science Park Tech Investment, and held executive positions, such as General Manager, Audit Department, Dongzhao Changtai Investment Group, CFO, Tobor Robotics, and Director of Internal Control, SPT Energy Group. Mr. Shu features dual education background of finance and law, and diverse work experience in auditing, investment, finance, and internal control.