Kuiguang Niu

Kuiguang Niu is a partner at IDG Capital . He led the firm's early bet on SenseTime, visiting founder Tang Xiaoou in Hong Kong in 2014 after Tang's lab achieved a breakthrough in facial recognition accuracy—making IDG the largest institutional winner at SenseTime's eventual IPO . Niu also drove IDG's investment in Insta360 (影石创新), backing founder Liu Jingkang with a few million yuan in 2013 before the company was formally established, then staying through a 12-year journey to public listing . More recently, he orchestrated IDG's entry into Luckin Coffee through a court auction of original founder Lu Zhengyao's pledged shares after the accounting scandal, having tracked the company since its founding but previously blocked by its tight "iron triangle" ownership . In a 2024 year-end survey, Niu described his investment theme as "agile embrace of change"—actively understanding and rapidly adapting to external shifts .