Company

Yanshengchao

演生潮

Yanshengchao (演生潮) is a Beijing-based biotech company focused on autoimmune and allergic disease drug development, founded by a team led by Tsinghua University School of Medicine professor Qi Hai . The company's CEO and co-founder is Yifeng Wang . In 2025, Yanshengchao raised a nine-figure RMB Pre-A round co-led by Qiming Venture Partners, YuanSheng Ventures, and Chengdu Technology Innovation Investment Group, with Guosheng Capital as lead organizer , followed later in the year by a nine-figure RMB Series A in which Qiming continued to participate . The company has also disclosed R&D progress updates through its investor Qiming .

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YanshengchaoCompany
演生潮
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