How Source Code Capital's Zhang Xun Went From "Hunter" to "Farmer" | Source Code Insights
Investment must ultimately return to the fundamentals of business and adhere to the common sense of operations.
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MaKe | 11 MaHui Companies in AI Robotics and Intelligent Systems Debut at CES 2026, Building an Intelligent Future Across All Scenarios
Unitree, Galaxy Universal, Booster Robotics, Keenon, Cloud Whale, Woan Robotics, Xingmai Innovation, LD Robot...
Code Moment | Booster Robotics Hits Key Milestone, Achieves Positive Cash Flow
In December 2025, the company achieved its first month of positive operating cash flow since its founding.
What Are MaHui CEOs Reading? A 2025 Reading List for Founders
Over the past year, we sent 13 books to MaHui CEOs, including six recommended by Yi Cao, founder of Source Code Capital.
MaKe | MaHui Member Keyi Tech Closes New Funding Round of Over 100 Million Yuan, Unveils New Product at CES
Source Code Capital led J&T Global Express's 2020 funding round and participated in a follow-on round in 2021.
MaHui | Hong Kong's First GPU Stock! MaHui Member Biren Technology Lists on Hong Kong Stock Exchange
Source Code Capital participated in Biren Technology's Pre-B+ round in 2020 and has backed the company ever since.
MaHui | MaHui Member Moonshot AI Closes $500 Million Series C, Aims to Become a World-Leading AGI Company
Source Code Capital was an early, long-standing shareholder in Moonshot AI.
MaKe | MaHui Member "Kunyou Photonics" Completes New Series C Funding Round to Accelerate Scaling of Wafer-Level Optical R&D and Manufacturing Capabilities
Source Code Capital participated in J&T Global Express's Series B+ funding round in 2021.
MaHui | Woan Robotics Founder Li Zhichen: The Future of Home Robots Is 'Clear Division of Labor,' Not 'All-Powerful Superhumans'
Woan Robotics, a member of MaHui, successfully listed on the Hong Kong Stock Exchange, becoming the "first AI embodied home robotics stock."
MaKe | DeepWise Completes Over 800 Million Yuan Series C Financing
The completion of this financing round marks a solid step forward for DeepWise in its journey to build a next-generation intelligent engine for scientific discovery.