Beijing Qijia Liujiayi Education Technology

Founder Xu Ke serves as the legal representative and majority shareholder, which places sole investment authority with him. Business partners Liu Kaixin and Xu Ruining hold executive roles within the education-technology group, but the governance architecture centers on Xu Ke as the controlling decision-maker. The firm does not operate an independent investment committee.

It functions as a corporate investor — the investment vehicle of an operating education-technology company rather than a family office or third-party fund manager. It deploys capital directly from the corporate balance sheet, not from a commingled fund vehicle. This structure aligns each investment with the strategic interests of the parent education business alongside pure financial return targets.

The firm is active from seed-stage checkwriting through late-stage expansion rounds, giving it the flexibility to support a company from founding through pre-IPO financing. Earlier-stage positions often carry a strategic overlay tied to the parent's education-technology operations, while later-stage commitments tend to reflect a broader generalist venture mandate within China.

The Siyuan Qijia Education Charity Fund is the firm's linked philanthropic vehicle, operated in partnership with the China Siyuan Foundation for Poverty Alleviation. It channels a portion of returns into charitable education programming. It sits alongside the for-profit investment platform, creating a dual structure where commercial equity exposure and social-impact initiatives are managed under connected governance.

Because the firm deploys balance-sheet capital from the parent education-technology company, it does not disclose a co-investment framework tied to a fund vehicle. Its posture in any given round reflects the strategic and financial interests of the corporate parent rather than a formal LP-GP arrangement. The firm's participation typically appears as a direct equity investment in a startup's cap table.