Angel fund led by Xu Xiaoping and Sequoia Capital ChinaFund managed by angel investor Xu Xiaoping, the co-founder of New Oriental Technology and Education Group, and Sequoia Capital China. Current work at Zhen Fund includes deal sourcing, portfolio management, industry research and VC relationship.

­ Research Interest: Mobile internet and new web modes­ Job Duties: Sourcing, analyzing investment opportunities; Negotiating and preparing business plan; Due diligence, investment execution and post-investment management; Industry research­ Main Achievements: Successfully discovered and recommended over 30 high-quality startups, 11 of which were confirmed investment intention by board; Established in-depth relationship with over 100 startups, expanding personal network and corporate influence; Enhanced investment research capability of Shanda Innovations with various programs and activities Sourcing: Sourced and analyzed over 300 startups within 11 months, over 70% being mobile projects Investment Plan Design: Successfully delivered 4 investment plans out of all 6 Investment Execution: Executed 5 projects; Finished enterprise registration for 4 and due diligence for one Reports: Completed 15 analysis reports, covering mobile payment, online video, picture-sharing, game, social, mobile ads, NFC and mobile device Research and Sharing: Invited experts and opinion leaders for a series of sharing sessions, including 12 “Mobile Afternoon-tea” sharing, 1 “TMT Youth” salon and 7 “Tech Blogs in Shanda” lectures Tech Media: Contributor of TechNode (www.technode.com) and Internet2Share (www.internet2share.com)

Management Trainee, Shanda Interactive Entertainment Limited 07/2010-03/2011Project Management, Total Budget Planning Project 11/2010-03/2011­ Job Duties: Implementation of Hyperion budget planning system for Shanda Holdings (Nasdaq:SNDA), Shanda Games (Nasdaq:Game), Shanda Online and Shanda Literature­ Main Achievements: Successfully implemented budget planning system; Replaced manual planning with system automation, improving financial efficiency Project Management: Bridged consultants and internal departments; Organized 36 meets for user-interview, progress communication and system training; Arranged 5 reporting meets to CFO、CIO and controller Financial Model Design: Modified financial and HR budget model; Conducted system adaption, feature modification and control distribution; Input forecasted and actual financial data, completing system-testing Financial Process Review: Reviewed financial process and fund IT system design; Completed 2 related reportsMarketing Planning, Shanda E-book (Bambook) Project 08/2010-11/2010­ Job Duties: Marketing campaign design, event planning and content operation­ Main Achievements: Built up marketing system from zero as the first batch of marketing planners Edited 3 ranks and composed 5 book reviews everyday; Constructed event plan once every two weeks Promoted Bambook via social networks, forums and WeiboCustomer Service, Shanda Games CRM Center 07/2010-08/2010­ Job Duties: Attending training program; Providing phone consulting service for customers­ Main Achievements: Learned about Shanda group systematically; Achieved 100% customer satisfaction Finished 3-week training program about business operation, communication skills and business etiquette Served hundreds of customers within two weeks