• Hesong Tang

    Founding Partner

    Mr. Hesong Tang was the former Vice President of Baidu and fully in charge of strategic M&A and investments. Mr. Tang led several landscape changing deals in China internet industry such as Baidu’s acquisition of 91 Wireless ($1.9B), controlling investment into Qunar ($306mm) , investment into iQiyi, acquisition of PPS($370mm), and acquisition of Nuomi, etc. Prior to Baidu, Mr. Tang was the Director of Strategic Investment at Microsoft Greater China. He also worked at Cisco, Applied Matierals, etc. Mr. Tang teaches MBA course at Tsinghua University and is also the Academic Advisor for Master students at Wudaokou Financial Institute of Tsinghua University. Mr. Tang holds BS and MS degrees in engineering from Tsinghua University, MBA degree from the University of Chicago, and MPA from Harvard Kennedy School.

  • Maggie

    Co-Founding Partner

    Maggie Yang is the Co-Founding Partner of Xiang He Capital.She mainly focuses on the opportunities of internet and mobile internet’s penetration into traditional industries, such as online education, logistics, online medical, B2B; consumption upgrade and culture, entertainment and content sectors.
    Maggie used to be an Executive Director at investment department of Baidu Inc. From 2010 to 2015, she worked with Mr. Tang on a number of milestone transactions such as acquisition of 91 Wireless, investment into iQiyi, acquisition of PPS, etc; she also led and completed Baidu’s investments in Kuaishou and Lianjia, etc. Before joining Baidu, Maggie worked at Ernst & Young for 8 years, with 4 years at Audit and another 4 years at Transaction Advisory Services department, helping private equity and multinational corporations with their investments and M&A in China.
    Maggie received her bachelor degree from the University of Hong Kong in business administration. She is a CPA and CFA Charterholder.

  • Kun Wang

    Principal

    Kun Wang joined Xiang He Capital as a founding member in early 2016. He is responsible of investment opportunities in Enterprise service and AI technology.
    Kun worked as senior associate at SAIF from 2015 to 2016 and concentrated on opportunities in SaaS. Prior to joining SAIF, Kun worked at investment department of Baidu Inc. for 3 years, where he was responsible for seeking investment opportunities in mobile internet tool, game content and new technology. The projects he was involved include acquisition of ES, Linekong and Blipay. Prior to joining investment department, Kun was a software engineer at Commerce Search Department of Baidu Inc.
    Kun Wang received his bachelor degree of computer science and technology from Peking University and his MBA from School of Economics and Management, Tsinghua University.

  • Xue Dong

    Principal

    Xue Dong joined Xiang He Capital in June 2016, focusing on B2B, e-commerce, logistics and consumption upgrade. Prior to joining Xiang He, Xue Dong worked at investment department of Baidu Inc. from 2010 to 2015, where she leads and participated in acquisition of Nuomi, investment into HaoDaiFu, Yoka, etc. From 2015 to 2016, Xue Dong worked at investment department of Xiaomi as senior investment manager, where she leads and participated in investment into Memedai, Tiger Security, etc. Xue Dong received her master degree of Communication and Information Engineering, bachelor of Electronic Engineering from Tsinghua University, and a bachelor degree of Economics from Peking University.

  • Leo Qiu

    Vice President

    Jianwei Qiu joined Xiang He Capital in 2019, with a focus on scouting and evaluating investment opportunities in frontier technology sectors such as Robotics, IIoT and Intelligent Driving. The projects he led include Rokae, Mogu, Iplusbot, etc.

    Prior to joining Xiang He, Jianwei worked in Plum Ventures, where he was responsible for scouting early-stage investment opportunities in frontier technology.

    He holds a Master of Science degree in Computer Science and Technology from Peking University and a Bachelor of Science degree in Computer Science and Technology from Jilin University.

  • Hehe Ma

    Vice President

    Hehe Ma joined Xiang He Capital in 2021, focusing on consumption and cross-border e-commerce industry.
    Prior to joining Xiang He, Hehe Ma worked at Plum Ventures for 5 years, where she led the early-stage investment opportunities in consumption and cross-border e-commerce industry. The projects she led include Outer, SharkFit, BTS:AND, BuffX, etc.
    Hehe Ma received her master degree of Economics from Guanghua School of Management, Peking University, and a bachelor degree of Mathematics and Applied Mathematics from Renmin University of China.

  • Ruijia Shi

    Senior Associate

    Ruijia Shi joined Xiang He Capital in early 2017. He is responsible of investment opportunities in SaaS, E-commerce and consumer sectors.
    Before joining Xiang He, Ruijia worked as intern at FreeS VC from 2015 to 2016 focusing on SAAS and B2B sectors.
    Ruijia Shi received bachelor degree of economics and master degree of finance from Tsinghua University.

  • Hao Li

    Senior Associate

    Hao Li joined Xiang He Capital in May 2017, and is currently focusing on investment opportunities in enterprise serive, online education and healthcare sectors.
    Hao has worked at investment consulting firm BDA and growth fund Jeneration Capital.
    Hao holds a Master's degree in Accounting and Finance from London School of Economics and Political Science and a Bachelor's degree in Economics and Finance from Tsinghua University.