Yunqi Capital's Back-to-Work Special: 2025 — Talking Confidence with Tech Founders and Partners

The Lunar New Year holiday just past was anything but quiet in the global tech world. The "mysterious Eastern force" of DeepSeek shattered the stereotype that high-performing large models necessarily require massive compute power, using a series of technical innovations to reshape the global AI landscape — and planting a seed of confidence for the year of innovation ahead.

While "challenges" and "uncertainty" remain keywords for 2025, confidence is the antidote to the unknown.

Recently, under the theme "The Substance Behind Confidence," we sat down with over a dozen founders from Yunqi Capital's portfolio to reflect on their past year and look ahead. We're sharing their stories now as the new work year begins. May we find strength in resonance, and direction in exchange. (Don't miss the partner messages at the end.)

Looking Back at 2024: Every Experience Yields Something

We asked founders four questions about their memories of 2024:

1. Describe your 2024 in one mood. Why?
2. What was the most unexpected growth or gain for you, your company, or your industry?
3. Which moment from 2024 would you most want to relive? Why?
4. What's the most important lesson or learning you'd like to share?

"Calm," "focused," "excited," "tense"... the responses were a true mix. But whether breaking through in business or exploring quietly, keeping in motion yields rewards.

Swipe to see more founder responses

Jialun Li

Pioneer Fountain Founder & CEO

AI infrastructure software, LLM + cross-border e-commerce

Mood: Focused. There used to be all kinds of noise. Last year, with the market generally cooler, things actually felt more focused, more grounded.

Most unexpected growth: The company achieved a high-barrier technical breakthrough. Technical breakthroughs are serendipitous — most can be replicated, but compared to traditional software, AI is a black box.

Lesson & learn: AI is entirely new, so it needs new metrics, new approaches. The industry hasn't reached true consensus yet. We need to work harder and dig deeper to see what's really there.

Guang Zhou

DeepRoute.ai Founder & CEO

Intelligent driving, advanced autonomous driving solutions provider

Mood: A sense of accomplishment. This year, the company not only successfully landed intelligent driving in mass-produced vehicles, but also co-created a hit model with an automaker, while completing a C1 funding round.

Lesson & learn: Stay hopeful about the future, maintain your tech vision, find clear direction and execute with conviction. Intelligent driving competition is fundamentally AI technology competition. Deep understanding and pre-research of forward-looking technologies is crucial for future development. I believe that finding the right track and pursuing it steadfastly will get you where you want to go.

Weizhi Wang

Demark Founder & CEO

Precision machining for semiconductor & new energy components

Mood: Calm. 2024 was the best opportunity for the company to hone its internal capabilities, refine operations, and for the team to temper its mindset.

Most unexpected growth: Facing changes in the capital market environment, fundraising became even more difficult. Yet within a few months, the company逆势超额 completed a new funding round against the tide, earning recognition and empowerment from a prestigious institution.

Lesson & learn: A tree that fills the arms grows from a tiny sprout. Looking back, we've always insisted on the highest-quality manufacturing and extreme service attitude as our core competitive advantages, doing what's difficult but right. This will remain the company's long-term goal and conviction.

Tong Li

KEENON Robotics Founder & CEO

Embodied intelligence, industry-leading service robots

Mood: Building momentum. In 2024, we took solid steps in commercializing embodied intelligence. Multiple new products launched in response to market demand were well-received, opening up new market opportunities.

Most unexpected growth: Across industries, attention and discussion around embodied intelligence and robotics has been incredibly heated, with new demand emerging on the application side.

Moment I'd relive: The AI conference and robotics conference, where I saw KEENON's influence in the industry.

Lesson & learn: Technical innovation matters, but rapid response to market changes is equally indispensable. To stand out, you must find precise balance between technology and market demand.

Meng Zhang

TabbyML Founder & CEO

AI infrastructure software, AI-assisted code generation

Mood: Because positive feedback/gradients are scarce, solving problems that seem to have no path always requires some faith and nearly blind persistence.

Moment I'd relive: When our product won customer recognition in a Demo Session for its functionality and comprehensiveness, defeating a unicorn competitor.

Lesson & learn I'd most like to share: Market hype around LLM-plus-programming is often exaggerated — 90% of it is overblown. I used to focus on the noise and negative effects of this phenomenon. But after going through the sales process, I came to recognize its positive side: compared to AI experts, customers usually lack sufficient discernment, and this buzz drives them to embrace new things.

Qin Wang

HelloBoss Founder & CEO

AI applications, "Japan's Boss Zhipin"

Mood: Rapid growth. The team grew from 5 to 20 people, sales went from zero to year-over-year quarterly growth of over 1000%.

Most unexpected growth: A shift in growth strategy. After establishing Japan's high payment willingness, we deliberately segmented our customer targets for market capture versus revenue generation, applying different strategies to each. Successfully achieved the ideal result of strong performance on both fronts.

Moment I'd relive: Hiring — I was too conservative at the time. Given the good results, I should have been more aggressive.

Lesson & learn: When product-market fit is established and competition isn't fierce, push harder; mobile apps × AI for cost reduction and efficiency gains have proven effective.

Wang Yang

Aiper (Yuan Ding Intelligence) Founder & CEO

Smart hardware, pool cleaning robots

Mood: Breakthroughs building confidence. In the process of globalizing our business, Aiper made major breakthroughs throughout 2024, giving us more confidence.

Most unexpected growth: Achieved global #2, and in competition with rivals, established an upward trend with a chance to take #1.

Moment I'd relive: The team optimization process. The organizational shift toward globalization involved personnel turnover and business adjustments, from which we learned a great deal.

Lesson & learn: Organizational diversity manifests in both capability and culture. On capability, it's not just sales but comprehensive improvement across supply chain, R&D, organization, after-sales systems, and channel capabilities. On culture, a simple, direct, sharing, and collectively striving team atmosphere is an essential element of globalization.

Swipe to see more founder responses

Qi Liu

PingCAP Co-founder & CEO

Infrastructure software, global leader in open-source distributed databases

Mood: Calm, knowing the direction of our efforts, advancing steadfastly alongside colleagues.

Most unexpected growth: In retrospect, all gains were common sense.

Lesson & learn: Customers are the best teachers.

Yongfeng Xia

Hive Technology Founder & CEO

Smart hardware, AI audio glasses

Mood: Certain. We've been advancing through the fog of smart glasses; starting this year, the roadmap for the next three years has become clear.

Unexpected growth: Finally gaining recognition from the traditional eyewear industry, with breakthrough channel partnerships exceeding expectations.

Lesson & learn: Recognize objective reality, maintain inner ideals.

Wen Han

Windrose Technology Founder & CEO

Tech manufacturing, new energy heavy-duty truck export

Mood: Very excited and very tense. Excited because Windrose's pure electric heavy trucks have attracted attention from peers and customers across all four major global markets; tense because Windrose no longer represents just one company, but to some degree represents the level of China's new energy sector.

Most unexpected growth: When I started the company in 2022, I insisted on going global. Most people didn't understand — they didn't believe Chinese heavy trucks could sell in European and American markets. By 2024, global expansion had become industry-wide consensus.

Lesson & learn: Customer and user needs matter most. You must understand what real buyers want; don't build in a vacuum.

Wenbo Huang

Huanghu Precision Co-founder & CEO

Tech manufacturing, domestic high-end five-axis machine tools

Mood: Tired but happy. New factory built, products ramping to full production, working overtime to fill orders, sales achieving major breakthroughs, exceeding targets.

Most unexpected gain: Personally learned a lot about fundraising / the company successfully completed a Series A round and became a star enterprise in Changxing County / machine tools achieved breakthroughs in gear processing.

Moment I'd relive: The Shanghai Machine Tool Show. Huanghu's machine tools took off, leading to subsequent sales.

Lesson & learn I'd most like to share: Even the best products need promotion — you need to get out there and help customers understand Huanghu's products more.

Qingjie Wang

DeFeng Information Founder & Chairman

Full-stack industrial internet provider

Mood: Mind wide open. On the entrepreneurial journey, you can't follow old routines — you need breakthrough thinking, breakthrough models, breakthrough products.

Most unexpected growth: Found directions for breakthrough innovation and products; through innovative products and solutions, precisely identified customer pain points and captured customers with precision; the company clarified its positioning to continuously deepen industry and key accounts; precise implementation, refined customer service.

Moment I'd relive: September 28, when the stock market surged.

Lesson & learn: Even in the worst environments, customers have rigid needs — capturing them precisely requires wisdom; core competitiveness and product differentiation are key; maintain optimism and face the future positively — the sun will still rise in the east and set in the west.

Xinqi Ren

Yue Dian Technology Founder & CEO

Enterprise AI Agentic platform

Mood: Firm confidence, full of expectation. In 2024, we made important progress in product iteration, market expansion, and landing scenarios.

Most unexpected growth: Originally planned to gradually advance the product and validate landing scenarios, but unexpectedly demonstrated beyond-expected delivery capabilities and results in actual application, gaining market and customer recognition, while also attracting capital — and meeting Yunqi Capital.

Lesson learned: Build strength in silence, and stay committed to the long game. Tech moves fast, but we can't just chase every trend. Keep your eyes on the horizon. If the direction is right and you keep digging, it slowly compounds into real competitive power. Before that happens, you need patience and accumulation.

2025 Outlook: Confidence, Action

For expectations and outlooks on the new year, we asked founders four questions:

1. On a scale of 1 to 10, what's your confidence score for 2025? Why?
2. What are the three most anticipated breakthroughs in your industry? What's the one opportunity you absolutely can't miss?
3. Which word — "advance," "retreat," or "hold" — best captures your mindset for 2025? Why?
4. What's the one thing you must do in 2025 to stay in the game?

Despite lingering uncertainty, the founders we interviewed remain optimistic, buoyed by factors including rapid AI development. Technology iteration, product innovation, and talent expansion are their priorities for 2025.

Swipe to see more founder responses

Zhou Guang

DeepRoute.ai Founder & CEO

Intelligent driving, advanced autonomous driving solution provider

Confidence score: 9. I've always been an optimist — there's always a way, no matter the problem, just solve it. Plus, DeepRoute's mass production progress and overseas deployment in 2025 are worth looking forward to. But competition in intelligent driving is intensifying, so I'm holding back 1 point to keep myself vigilant.

Breakthroughs: VLA technology revolution, continued growth in the intelligent driving market, physical AI development. The technology is evolving fast — we're developing the latest vision-language-action (VLA) model, expected to deploy in vehicles by mid-year.

"Advance," "retreat," or "hold": Advance, leading partners forward boldly.

Jialun Li

Pioneer Fountain Founder & CEO

AI infrastructure software, LLM + cross-border e-commerce

Confidence score: 10. Strength begets strength.

Breakthroughs & opportunities: Falling AI costs; industry consensus that AI results are practically usable, large-scale replacement of human jobs is imminent. AI productivity transforming every existing industry is the mega-trend — I hope we're in it.

"Advance," "retreat," or "hold": Advance. Confident in our current competitiveness. Confident in AI progress.

Must-do to stay in the game: Maintain rapid iteration. In technology and in business.

Meng Zhang

TabbyML Founder & CEO

AI infrastructure software, AI-assisted code generation

Confidence score: 10. The industry has been bombarded from every marketing angle to reach a critical point where market awareness, actual capability, and product value are all relatively clear. No other AI industry fits this impossible triangle this year, hence the 10.

Can't-miss opportunity: The possibilities AI + collaboration brings to the DevOps ecosystem.

"Advance," "retreat," or "hold": Advance. After all, confidence is 10.

Must-do to stay in the game: Discover tiny, inconspicuous gradients as feedback along the way (because gradients / positive feedback are scarce).

Qin Wang

HelloBoss

Founder & CEO

AI application, "Japan's Boss Zhipin"

Confidence score: 10.

Breakthroughs & opportunities: The can't-miss opportunity is Japan's worsening talent shortage, high acceptance of remote work, and rising demand for international hiring.

"Advance," "retreat," or "hold": Advance. Turmoil breeds heroes. Downturns forge stronger, more resilient teams.

Must-do to stay in the game: Continuous product iteration — learn not just within the industry, but across industries. Make the product world-class.

Wang Yang

Aiper (Yuan Ding Intelligence)

Founder & CEO

Smart hardware, pool cleaning robots

Confidence score: 7. We've laid groundwork ahead of time, but there's still room to improve in refined management and category expansion.

Breakthroughs: High-ASP intelligent products, ecosystem development in pool scenarios; new category expansion needs imagination. The can't-miss opportunity is expanding into yard and lawn scenarios.

"Advance," "retreat," or "hold": The main theme is advance — both the industry and company are developing rapidly, with plenty of functional and product gaps to fill. But "retreat" and "hold" coexist simultaneously.

Weizhi Wang

Demac

Founder & CEO

Precision machining for semiconductor & new energy components

Confidence score: 9. High-end precision component manufacturing has become a strategically prioritized industry with strong national support in recent years. After years of accumulation, the company has deep reserves in capacity, technology, and customers.

Breakthroughs: Production processes, production equipment, and downstream semiconductor equipment. Among these, breakthroughs in semiconductor equipment are the most unmissable new opportunity.

"Advance," "retreat," or "hold": The enterprise maintains forward momentum overall. But when it comes to specific business tactics, all three require deep thinking.

Must-do to stay in the game: Our coverage of and business volume in downstream industries have been increasing in recent years — building the talent team always comes first.

Tong Li

Keenon Robotics

Founder & CEO

Industry-leading service robots

Confidence score: 9. Despite unknowns and challenges in a complex macro environment, we have strong fundamentals and capabilities to meet this year.

Breakthroughs: Embodied intelligence robots rolling out comprehensively across more industry applications; iterative updates in AI algorithms bringing major leaps in autonomous robot decision-making; accelerated global market expansion, especially deeper penetration in Asian and European/American markets. The can't-miss opportunity is deep global-local deployment.

"Advance," "retreat," or "hold": Advance. Continue intensifying efforts to capture market share, accelerate innovation, and keep breaking through.

Must-do to stay in the game: Comprehensive improvement from technology, production, and product to culture and team.

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Senping Cheng

Triastek

Founder & CEO

Global leader in 3D pharmaceutical printing

"Advance," "retreat," or "hold": Advance. Only through development can we break the deadlock.

Qi Liu

PingCAP

Co-founder & CEO

Infrastructure software, global leading open-source distributed database

Confidence score: 10. Surprises and challenges always come — solve them one by one.

Breakthroughs: In 2025, I expect AI to be widely applied — our products are ready to support these applications.

"Advance," "retreat," or "hold": If forced to choose one, it's advance.

Yaohong Shi

Green Voltis

Founder & CEO

AI + virtual power plant

The right direction gives us greater resolve and determination.

We already have deployed microgrid solutions creating value for customers; we've obtained a BRP license in the premium Nordic market, giving us virtual power plant operational capabilities in complex electricity markets through our trading platform; domestically, we have 300 MWh of orders in hand.

Having weathered 2024's tests, we have an exceptionally united, battle-hardened team — our strongest guarantee of moving from one victory to sustained victory.

Wenbo Huang

Huanghu Precision

Co-founder & CEO

Tech-enabled manufacturing, domestic high-end five-axis machine tools

Confidence score: 10. Building on 2024, Huanghu has gained massive exposure and will break through across industries. New model launches plus existing customer word-of-mouth and repurchase rates will drive sales to surge or even double. We already have 120 million RMB in orders on hand.

Breakthroughs: Semiconductor processing, aero-engine impeller and blade processing, defense. The can't-miss opportunity is semiconductor processing.

"Advance," "retreat," or "hold": Advance. Bravely go to market, capture market share, break through more industries. Achieve more domestic substitution.

Junjie Yan

MiniMax

Founder & CEO

Leading domestic AI large model company

Excerpted from LatePost coverage

"Half a year ago, many people thought I was anxious. In the last six months, I'm not anxious anymore. The core realization was learning to make trade-offs. The greatest pain is not knowing you need to make trade-offs. Once you know, it's not painful. I've now made technology iteration our most important goal."

"AI reaching professional-level performance in specialized domains. This will be a substantive improvement — though not fully realized in 2025, part of it will be. I hope our technical level becomes higher. When I first started, I also thought about management, but later realized it's not that important. What truly matters is whether your technical understanding can keep improving."

Qingjie Wang

DeFeng Information

Founder & Chairman

Full-stack industrial internet provider

Confidence score: 10. Maybe peers would score 5, but if the founder loses confidence, the company is on death's door.

Breakthroughs: Refined products and solutions focused on customer pain points; large models applied precisely to industry customers; new business models and going global.

"Advance," "retreat," or "hold": Advance. Only in uncertain environments are true champions forged.

Must-do to stay in the game: Continuous cost reduction and efficiency gains, continuous product innovation breakthroughs, continuous refined management.

Wen Han

Windrose Technology

Founder & CEO

Tech-enabled manufacturing, new energy heavy-duty trucks going global

Confidence score: 10. Windrose trucks lead the entire industry on every metric — we need to accelerate delivery and deeply penetrate leading customers worldwide.

Breakthroughs: Overseas factory construction to ensure local delivery; battery technology maturing for greater safety; battery life further validated to ensure full lifecycle value.

"Advance," "retreat," or "hold": Advance, advance, advance. Startups must sprint with full force.

Must-do to stay in the game: Accelerate dual IPOs in the US and Europe.

Yongfeng Xia

Hive Box Technology

Founder & CEO

Smart hardware, AI audio glasses

Confidence score: 9. 2025 will be the year we hope for major growth — the foundational framework is complete.

Breakthroughs: Users' understanding of smart glasses becomes clear; internet companies' understanding of AI glasses becomes clear; the eyewear industry's understanding of its relationship with smart glasses becomes clear. The can't-miss opportunity is the "hundred glasses war."

"Advance," "retreat," or "hold": Advance. Three years of holding are complete — nothing left to hold, time to push forward decisively.

Must-do this year: Broaden our own brand, find a viable path to going global.

Ren Xinqi

Yuedian Technology

Founder & CEO

Enterprise AI Agentic Platform

Confidence Index: 8 out of 10, reserving 2 points for anticipation.

Breakthroughs: Clarity in the landscape of foundation models, agents, and intelligent application ecosystems; commercial performance of agents in enterprise applications; reshaping how enterprise software is built with AI.

"Advance," "retreat," or "hold": What best matches my mindset is definitely "advance." But "advance" doesn't mean "rash advance" — it means building core moats on top of a proven business model, maximizing human efficiency, and ensuring steady business growth.

Must-do to stay in the game: Continuously strengthen the company's core competitiveness and product value. Increase R&D investment, intensify market promotion, and expand industry reach.

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New Year Confidence Messages

Beyond business development and industry trends, confidence also stems from personal mindset. We asked our founders the following questions, hoping their answers will pass on more confidence:

1. In these turbulent and changing times, what methods do you use to maintain composure and a stable core?

2. If you could say one thing to encourage yourself and your team, what would it be? What advice do you have for grounding confidence?

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Senping Cheng

Triastek

Founder & CEO

Global leader in 3D pharmaceutical printing

How to ground confidence: Social and national development are always tortuous. Art is the embodiment of human civilization; love for art illuminates the inner self.

Meng Zhang

TabbyML

Founder & CEO

AI infrastructure software, assisted code generation

How to maintain composure: Stay focused on customer value; read fewer high-noise public accounts.

How to ground confidence: When the direction is right, one should have the courage to persist blindly.

Qingjie Wang

DeFeng Information

Founder & Chairman

Full-stack industrial internet provider

How to maintain composure: Watch Drawing Sword (Liang Jian) a few more times.

How to ground confidence: Cherish every day of life; let every minute and second leave beautiful memories.

Tong Li

Keenon Robotics

Founder & CEO

Industry-leading service robots

How to maintain composure: Persist in innovation and pragmatism; don't forget the original intention; always stay passionate.

How to ground confidence: "Confidence comes from every down-to-earth step of progress; the future begins with today's efforts." While present uncertainty brings many challenges, it also nurtures unlimited opportunities. We must bravely try new methods and technologies, and explore unknown territories. Only those who dare to fight can create miracles.

Guang Zhou

DeepRoute.ai

Founder & CEO

Intelligent driving, advanced autonomous driving solutions provider

How to ground confidence: Embrace change, face the future. The AI industry we belong to is seeing ever-faster technological innovation. To maintain our technological edge, we need to absorb and exchange cutting-edge technologies with a more tolerant mindset and sharper perspective, rapidly capture the latest technological dynamics and innovation trends, and further iterate to improve intelligent driving performance.

Weizhi Wang

Demac

Founder & CEO

Precision machining for semiconductor & new energy components

How to maintain composure: On the macro level, I firmly believe in the country's long-term development; all I need to do is stick to my own ideas and resolutely follow through. More importantly, focus on honing the company's core and product business, letting customers see the company's value.

How to ground confidence: Those who accomplished great things in ancient times were not only endowed with extraordinary talent, but also possessed unyielding will. I hope everyone can remain true to their original aspiration and persevere tenaciously, even when facing many unfavorable conditions.

Wang Yang

Aiper (Yuan Ding Intelligence)

Founder & CEO

Smart hardware, pool cleaning robots

How to maintain composure: Break down goals; decompose large goals into small, phased targets; incentivize promptly; review promptly; accumulate countless small successes that naturally lead to the big success of strategic goals.

How to ground confidence: Continuously winning battles is key to constantly boosting individual and team morale. Becoming number one in the industry is our company's strategic goal for 2025; under the pull of this goal, we will realize the value of the company, brand, and individuals.

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Ren Xinqi

Yuedian Technology

Founder & CEO

Enterprise AI Agentic Platform

How to maintain composure: Clarify long-term goals and focus on the company's core business; pay attention to team building — a team with shared beliefs can give each other strength at critical moments; stay attuned to changes, keep learning, conduct regular reviews, and continuously improve decision-making ability and capacity to respond to change; physical and mental health are the foundation of maintaining composure — exercise regularly, maintain good eating habits and adequate rest, ensure work-life balance, and be in the best condition for work and life.

Wen Han

Windrose Technology

Founder & CEO

Tech manufacturing, new energy heavy trucks going global

How to maintain composure: Read more books, read more biographies — many people far greater than me in history have gone through things infinitely more difficult than what I'm facing.

How to ground confidence: Entrepreneurs have no choice; they must succeed. What you need isn't self-confidence, but a mentality of burning one's boats.

Yongfeng Xia

Hive Box Technology

Founder & CEO

Smart hardware, AI audio glasses

How to maintain composure: Think repeatedly, reach conclusions, verify constantly, hold fast to conclusions.

How to ground confidence: We did many things right in the trough; the light is right before our eyes. Confidence comes from the most critical company moves of the past one to two years; confidence comes from the continuation of these moves.

Qin Wang

HelloBoss

Founder & CEO

AI application, "Japan's Boss Zhipin"

How to maintain composure: Read more, learn more, think more. Last year, I averaged at least 1-2 exchanges per week with visiting domestic veterans & big shots and Japan market participants.

At this stage, a CEO needs to be like a computer's CPU — have extremely strong ability to process problems from every department, integrate information well, process and refine data, and transmit it to each functional department to help them grow efficiently. At the same time, don't fear trial and error, be brave in trial and error, dare to take responsibility, and bravely charge to the front line instead of letting departments consume time and team trust.

Jialun Li

Pioneer Fountain

Founder & CEO

AI infrastructure software, LLM + cross-border e-commerce

How to maintain composure: Think more, deduce. Things that remain correct no matter how you deduce them are naturally more likely to be right, and you won't be unsteady. When you can't deduce further, walk more — seek new information points.

How to ground confidence: From an industry perspective, confidence is consensus. From an individual perspective, confidence is non-consensus. As individuals, the greater our gap from industry average, the more comparative advantage we have. So when the industry is struggling, that's when we put our heads down and sprint.

At Yunqi Capital's year-end party before Spring Festival, Mao Chengyu, Founding Partner of Yunqi Capital, also shared his reflections. As we start the new year, we'd like to share them with you.

Message from Yunqi Capital Founding Partner

Blossoms Shanghai, Xiaomi Auto, Black Myth: Wukong, the Paris Olympics, the Zhuhai Airshow, DeepSeek... The past 2024, though full of challenges, still saw many surprising moments emerge in technology, arts, sports, and other fields.

In the venture capital industry, 2024 also brought many positive policy signals, and numerous technology startups — including Yunqi portfolio companies — achieved notable progress.

2025 marks Yunqi Capital's 11th year. While challenges remain, we can find grounds for confidence at both macro and micro levels:

On the macro level, China's manufacturing advantages stand out ever more prominently amid rapid technological development, and the technology empowerment opportunities this contains provide us with vast space. On the micro level, the trust and rapport the Yunqi team has built over the long term enable "this ship we sail" to go further in an unpredictable macro environment.

Looking ahead two to three years, though "uncertainty" is the only certain factor, the most important thing is to steady our mindset and focus on doing what needs to be done. For Yunqi Capital, fulfilling our fiduciary duty through an investment approach combining "whales" and "ballast stones" is what we strive to do well.

Thanks to the Yunqi portfolio founders who participated in this collection:

Senping Cheng, Triastek, Founder & CEO

Wen Han, Windrose Technology, Founder & CEO

Wenbo Huang, Huanghu Precision, Co-founder & CEO

Jialun Li, Pioneer Fountain, Founder & CEO

Tong Li, Keenon Robotics, Founder & CEO

Qi Liu, PingCAP, Co-founder & CEO

Xinqi Ren, Yuedian Technology, Founder & CEO

Yaohong Shi, Green Voltis, Founder & CEO

Qin Wang, HelloBoss, Founder & CEO

Qingjie Wang, DeFeng Information, Founder & Chairman

Weizhi Wang, Demac, Founder & CEO

Wang Yang, Aiper (Yuan Ding Intelligence), Founder & CEO

Yongfeng Xia, Hive Box Technology, Founder & CEO

Junjie Yan, MiniMax, Founder & CEO (quoted from third-party media)

Meng Zhang, TabbyML, Founder & CEO

Guang Zhou, DeepRoute.ai, Founder & CEO