Lulin Li

At Source Code Capital, we devote ourselves to becoming the partner of choice for world-class entrepreneurs leading today’s business transformations and technological developments. Founded in 2014, Source Code Capital currently manages around RMB 35 billion across both RMB and USD. We insist on bottoms-up fundamental thinking and in-depth research to drive our investments. Since inception, Source Code Capital is dedicated to investments advancing technological innovation and development, supporting small and mid-sized enterprises, enriching and improving people’s livelihoods, and promoting green development, among other areas. We have partnered with over 300 companies across multiple sectors, spanning Industrial Digitization, Artificial Intelligence, Robotics, Advanced Manufacturing, Green Development, Enterprise Software, Healthcare and Biotech, New Consumption and New Brands, and Global+. Today, our family of portfolio companies include: Bytedance, Meituan (3690.HK), KE Holdings Inc. (NYSE: BEKE), Li Auto (NASDAQ: LI, 2015.HK), RELX Technology (NYSE: RLX); Baibu, XiaoYaoYao, Casstime, Ruigushop, YQNLink, Yijiupi, Edianyun, Zhongneng United; Narwal (Yunjing Intelligence Technology), Hai Robotics, Chuxin, Mech-Mind Robotics, Keenon, XYZ Robotics, Niu Technologies (NASDAQ: NIU); Biren Technology, Silicon Integrated, GalaxySpace, Space Transportation; Unisun Energy, PowerOak, Cloudgoing Technology; ONES, Cyclone Robotics, Gaoding, Peraglobal, D5, Taichi Graphics; Qudian Inc. (NYSE: QD), Asset360, Insnail Hospital, ABC Technology, YuanBao Insurance; Weimai, Bota Bio, SiBionics, Jianhai Technology, Metis Pharmaceuticals, Galixir, Nutshell Biotech; Ziroom, Pagoda, Linji Convenience Store, Bloks Group, PMPM, moody, usmile, WonderLab, Modern China Tea Shop; OPay, Stori, LingXing, etc. We are delighted creators of “Code Class,” our proprietary industry “super hub.” Composed of over 300 entrepreneurs and our broader partnerships, Code Class aims to provide value-addin

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At Source Code Capital, we devote ourselves to becoming the partner of choice for world-class entrepreneurs leading today’s business transformations and technological developments. Founded in 2014, Source Code Capital currently manages around RMB 35 billion across both RMB and USD. We insist on bottoms-up fundamental thinking and in-depth research to drive our investments. Since inception, Source Code Capital is dedicated to investments advancing technological innovation and development, supporting small and mid-sized enterprises, enriching and improving people’s livelihoods, and promoting green development, among other areas. We have partnered with over 300 companies across multiple sectors, spanning Industrial Digitization, Artificial Intelligence, Robotics, Advanced Manufacturing, Green Development, Enterprise Software, Healthcare and Biotech, New Consumption and New Brands, and Global+. Today, our family of portfolio companies include: Bytedance, Meituan (3690.HK), KE Holdings Inc. (NYSE: BEKE), Li Auto (NASDAQ: LI, 2015.HK), RELX Technology (NYSE: RLX); Baibu, XiaoYaoYao, Casstime, Ruigushop, YQNLink, Yijiupi, Edianyun, Zhongneng United; Narwal (Yunjing Intelligence Technology), Hai Robotics, Chuxin, Mech-Mind Robotics, Keenon, XYZ Robotics, Niu Technologies (NASDAQ: NIU); Biren Technology, Silicon Integrated, GalaxySpace, Space Transportation; Unisun Energy, PowerOak, Cloudgoing Technology; ONES, Cyclone Robotics, Gaoding, Peraglobal, D5, Taichi Graphics; Qudian Inc. (NYSE: QD), Asset360, Insnail Hospital, ABC Technology, YuanBao Insurance; Weimai, Bota Bio, SiBionics, Jianhai Technology, Metis Pharmaceuticals, Galixir, Nutshell Biotech; Ziroom, Pagoda, Linji Convenience Store, Bloks Group, PMPM, moody, usmile, WonderLab, Modern China Tea Shop; OPay, Stori, LingXing, etc. We are delighted creators of “Code Class,” our proprietary industry “super hub.” Composed of over 300 entrepreneurs and our broader partnerships, Code Class aims to provide value-addin

Established in 2002, CDH Investments is one of the leading alternative investment fund managers focused on China today with over US$19 billion of assets under management, as of December 31, 2019. CDH was founded by WU Shangzhi, JIAO Shuge and four other investment professionals who worked together in the direct investment department of China International Capital Corporation beginning in 1995. From its roots in private equity, CDH has expanded to become a diversified alternative asset management platform covering: Private Equity, Real Assets, Venture and Growth Capital, Mezzanine&Credit, Public Equities and Wealth Management. CDH has more than 100 investment professionals working in offices in Hong Kong, Singapore, Beijing, Shanghai and Shenzhen. CDH has invested in more than 180 companies and has helped more than 50 companies successfully list on international and China’s domestic stock exchanges. As of 2016, these companies employ more than 500,000 people. Many of them are sector leaders, and, collectively, they play an important role in China’s economy. CDH’s core principle is to create value for all of our partners, including investors and portfolio companies. We continually strive to embody this principle and make it the basis for all of our decisions. We maintain close cooperative partnerships with over 100 international and local institutional investors.