Chunyu Song

宋春雨 is a partner at Lenovo Capital (联想创投) and Lenovo Group vice president, having spent over two decades at the company . His investment track record includes major names such as CATL, NIO, Cambricon, and Lanzhou Technology . He led Lenovo Capital's sustained AI investing through the sector's downturn, with four consecutive rounds in AI chipmaker Cambricon and early positioning in large language model company Lanzhou Technology in 2021–2022 . In a 2023 interview with 暗涌Waves, he described his view that the "AI Four Little Dragons" failed to establish viable business models, which eroded industry confidence in AI, and that AI deployment requires navigating a long chain from data to training to application . He also argued that the biggest opportunities beyond foundation models lie in applications, particularly "AI native" data approaches where startups can avoid competing with tech giants on historical data advantages .