2026 MaHui | One Thing Ten Years in the Making, Another Just Beginning

After an annual conference, people usually remember the agenda, the speakers, and the dinner. But after this year's MaHui wrapped up, many CEOs kept bringing up two things that weren't on the schedule at all: the MaHui Library and the MaHui Charity Market.

One was about knowledge, the other about kindness — and both completed a relay from entrepreneur to entrepreneur.

1

MaHui Library: From One Book to a Library

Swipe to see more Every entrepreneur who walked into the main venue passed through a book display. It wasn't on the agenda, but nearly every CEO slowed down here.

This is something Source Code Capital has been doing for ten years.

"MaHui Book Gifting" began in 2016. Every quarter, Source Code Capital's entrepreneur services team collects reading lists from entrepreneurs, founders, and investors, narrows dozens of candidates down to 3–4 titles — covering business operations, macro trends, cross-disciplinary humanities — then purchases and mails them to every MaHui CEO.

Over ten years, Source Code Capital's carefully curated selections have exceeded 100 titles, with more than 7,000 books sent out, reaching countless entrepreneurs. Many CEOs often half-joke that "I can't read as fast as Source Code sends books."

For Source Code Capital, this was never a marketing activity. It's a belief in and commitment to the transfer of knowledge. Just one group of people, seriously trying to get good books to another group, for ten years.

This time, we brought "MaHui Book Gifting" to the MaHui venue itself, turning it into a library. The library displayed 200 books: classics sent out over the past decade, upcoming titles still on their way, personal picks from Cao Yi over the years, and recommendations from the CEOs attending this year's event.

We set a simple rule at the MaHui Library: you could take any book from the display. In exchange, leave a card — write down one insight from your entrepreneurial experience, or recommend another book that profoundly influenced you.

No time limits, no restrictions on titles. But almost everyone who took a book filled out that card seriously. When MaHui ended, we tallied the numbers — nearly 60 books taken, 56 handwritten cards left behind.

Every card held something a real entrepreneur had personally written: either a sentence distilled from ten years of battle, or a book they would earnestly recommend to someone else.

And these cards will inform the next round of MaHui Book Gifting. Meaning — the recommendation one entrepreneur writes today may be the book another entrepreneur opens from a package tomorrow.

2

MaHui Charity Market: From Business to Kindness

Swipe to see more In the pre-function area outside this year's MaHui main venue, we reserved the largest space for the MaHui Charity Market. Compared to the decade-old MaHui Book Gifting, this was our first charity market.

The MaHui Market has been a staple of past conferences — portfolio companies gather to showcase their products and services, CEOs get to see each other's offerings firsthand, and real business collaborations often emerge from these conversations. But this year, it took on an entirely different concept, appearing for the first time as a "charity market."

The idea came naturally. Earlier this year, we posted a short video on WeChat Channels introducing Source Code Capital's charity initiatives: since 2024, we've partnered with charitable foundations on rural education support — providing three consecutive years of scholarships for 80 middle and high school students in Zhenyuan County, Pu'er City, Yunnan Province; adding electronic whiteboards, printers, and other teaching equipment to supported rural elementary schools, backing their quality education programs; and providing living subsidies for volunteer teachers at rural elementary schools in Honghe County.

Unexpectedly, this unassuming short video received enthusiastic response in our portfolio company chat groups, with many CEOs messaging us privately wanting to do charity alongside Source Code Capital. So early in planning this year's MaHui, we had the idea of creating a charity market.

The idea went out, and companies quickly signed up. In the end, seven MaHui member companies — Xeno Dynamics, Keyi Tech, IndelB, LAN, TNT Space, WonderLab, and Pipi Bear — brought their hottest products to the MaHui venue, selling them at deeply discounted charity prices well below market rates.

The buyers were entrepreneurs, but the recipients weren't the companies: the proceeds from all seven companies' on-site sales were donated to Source Code Capital's partner charitable foundations after MaHui concluded. And so one entrepreneur handed a product to another entrepreneur, each "charity price" transaction becoming scholarships for children in the mountains, electronic whiteboards in classrooms, a subsidy for a volunteer teacher...

No ceremony, no slogans. A group of entrepreneurs, during the busiest two days of their year, took a little time and some of their best products, and did something unrelated to their own business. As for how many products the charity market sold or how much money it raised — we didn't tally closely, and that wasn't the point. What mattered was that kindness completed a relay through the market.

Technology for good — sometimes it's that concrete. And this is something we'll keep doing.