Yinchuan Li
李银川
Yinchuan Li is the founder of Nuoyin Intelligent (诺因智能), an AI company that received the first investment from Source Code Rhythm, a new fund launched by Source Code Capital in 2026 . He previously worked at Huawei before founding the company . In Source Code Capital's 2025 "MaHui" debate on whether Chinese AI founders should prioritize models or applications, Li led the "源队" (Source Team) advocating for a "models first" approach, alongside RoboSense VP Chen Yang and Meshy CFO Hu Yuwei .
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Coverage
Source Code Rhythm Closes Over $150 Million Fund, Focuses on AI and Globalization
Focused on early-stage investing, with independent fundraising, independent decision-making, and independent operations.
Source Code Rhythm has raised over $150 million for its first fund and has launched RMB fund fundraising.
Another oversubscribed early-stage USD fund.
The First USD VC Fund to Close in 2026
What comes after Aksu. *(Note: "阿克苏之后的故事" literally means "the story after Aksu." If this refers to a specific title or context I'm missing — such as a book, film, or article — please provide more details and I can refine the translation.)*
MaHui | Chinese AI Founders' Existential Choice: Models First or Applications First?
At the 2025 MaHui Investor Annual Meeting, a debate unfolded over the critical choices facing China's AI entrepreneurs...



