On January 14, Tianyancha App revealed the establishment of three venture capital firms: Jiaxing Qigong, Qiyang, and Qiye. These firms share a common executive partner, Shanghai Shangqi Investment Management Partnership, which has contributed 50 million yuan to each, with a focus on venture capital investments. According to partner information, the capital contribution breakdown for these three enterprises is 98% from Zhu Kaiyi and 2% from Shanghai Shangqi Investment Management Partnership, a subsidiary of SAIC Motor Group.
