Tianli Yang
杨天利
Tianli Yang is the co-founder and CEO of ZNLH (众能联合), a Chinese equipment-rental platform for the construction sector backed by Source Code Capital. He has led the company through multiple funding rounds, including a $50 million Series B in 2019 and a Series C that brought cumulative fundraising to RMB 3 billion by early 2021 . Yang has spoken publicly about the industry's shift from supply-driven to demand-driven models and from domestic to global supply, calling it a "historic industrial opportunity" . He also developed a close working relationship with Source Code Capital partner Xingshi Wang, whom he first met in 2019 and praised for helping with strategic redesign and talent recruitment during ZNLH's 2020 upgrade .
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Coverage
Source Code Capital announced that Xingshi Wang has been appointed as partner.
Focus on long-term B2B investments in industrial internet, automotive and mobility, and other enterprise-facing sectors.
Source Code Capital portfolio company "Zoneneng United" announces completion of Series C with cumulative fundraising of RMB 3 billion; existing shareholder Source Code Capital continues to increase its stake
"The Zhongneng Model" — Powering Intelligent Transformation in the Construction Machinery Industry.
Source Code Capital Portfolio Company ZNLH Announces Completion of C1 Round Financing, Source Code Capital Led B Round
ZNLH has maintained stable, scaled profitability for three consecutive years and will seek to go public when the timing is right.
Forbes Releases Major Rankings, Source Code Capital's Yi Cao and Yungang Huang Make the List
Create lasting, real value.
Code Brain "Standing Together Against COVID-19" Series Session 7: Sales Team Management During Extraordinary Times
**Speaker:** Jiawei Gan, Operating Partner at Hillhouse, former COO of Meituan
Standing Together to Weather the Storm — Source Code Capital and Code Club Members Rush Aid to Wuhan's COVID-19 Fight
"Isolate the virus, but never isolate love."
Where Are the Boundaries of Industrial Internet? | Source Code Capital 2019
"Knowledge Capital, Deep Practice" — at Source Code Capital's 2019 Ma Hui annual conference, the founders and CEOs of Xiaoyaoyao, Yijiupi, ZNLH, and YQN Logistics were invited to explore the boundaries and breakthroughs of industrial internet.
"ZNLH" announced the completion of a $50 million Series B funding round, led by Source Code Capital.
Building a Chinese version of United Rentals (NYSE: URI).







