-Private equity platform under China Reform Holdings Corporation, with a total fund size of over 300 billion yuan. 2022 China's top 4 private equity institutions (ranked by Chinese Venture)) -Covered TMT, advanced manufacturing, semiconductor, industrial software and other relevant TMT industries; Screened over 300 companies; Responsible for 5 deals, with a total scale of about 450 million yuan; Responsible for 4 invested companies’ post management and exit execution.-Responsible for deal origination and execution, including interviews with executives and industry experts, due diligence, industry research, deal negotiation, valuation modeling, and reports compiling, etc

-Subsidiary of CCB Trust. An important PE investment platform of CCB, with a total AUM of more than 150 billion yuan, and PE/VC fund AUM of about 20 billion yuan. 2021 China's top 10 private equity institutions (ranked by Chinese Venture).-Participated in direct investment of 9 companies, with a total investment scale of about 1.8 billion yuan, including 3 overseas deals. Covered TMT, advanced manufacturing, semiconductor, communication and new materials industries; participated in the LP investment of a domestic semiconductor equipment and materials fund, with an investment scale of 380 million yuan.-Industry research: conducted analysis and research on semiconductor, Micro-Led and other industries, compiling industry research reports and industry road maps;-Deal execution: participated in deal structure design, financial analysis, due diligence, valuation modeling, return calculation, reports writing and transaction contract negotiation;-Post-investment management: routine visits of portfolio companies, followed up on their business and financial status, risk assessment, and post-investment empowerment.

Participated in more than 10 inbound and outbound M&A due diligence projects, 10 valuation & modeling projects and 5 restructuring projects.-Due diligence: Interviewed with management to understand target company's business; summarized key findings and identify potential investment risks; Compiled financial due diligence reports;-Financial analysis: Analyzed financial information of the target company; Suggested accounting and normalization adjustments for financial statements; Conducted working capital, net liabilities and cash flow analysis;-Valuation & modeling: reviewed valuation models of equity value, intangible assets, stock options using different valuation method, including income approach, market approach and cost approach. Drafted valuation review memos; Conducted industry and company research using CIQ , Bloomberg, etc.