# Hangzhou Youxiang Investment Management

Hangzhou Youxiang Investment Management is an Asset Manager based in Beijing, China.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Beijing, China
- **Region:** Asia
- **Address:** Beijing, China
- **Founded:** 2017
- **Assets under management:** Undisclosed
- **LinkedIn:** linkedin.com/company/朗煜资本

## Regulatory record

- **Reports private funds:** No

## About

Hangzhou Youxiang Investment Management is a Beijing-based investment company that focuses on venture capital investments. It is headquartered in Hangzhou, China.

## Sectors

- Enterprise Software
- Mobility & Transportation
- AI/ML

## People

- Yuanyuan Liu — Executive Director

## Questions

### Does Hangzhou Youxiang focus on direct investments or fund commitments?

The firm's strategy, based on public records, is oriented entirely around direct, minority equity investments in early-stage companies. Its co-investment with Hillhouse in ePropulsion Innovation's Series B round confirms a model built on placing direct bets in specific startups rather than operating as a fund-of-funds.

### Which sectors does Hangzhou Youxiang Investment Management target?

The firm's disclosed activities point to a primary focus on enterprise software and industrial technology. Holdings and co-investments align with AI, mobility, and hardware subsets, with a specific demonstrable interest in businesses like WiMi Hologram Cloud (augmented reality) and ePropulsion Innovation (electric marine propulsion).

### What is Hangzhou Youxiang's relationship to WiMi Hologram Cloud?

The relationship is a key structural feature of the firm. Executive Director Yuanyuan Liu serves as an Independent Director on WiMi's board, while WiMi's chairman, Jie Zhao, is a known business associate. This creates an unusually tight coupling between a public operating company and a private-stage investment manager, providing a firsthand vantage point on sector trends.

## Related profiles

- [Hangzhou Lula Asset Management](https://altss.com/profile/hangzhou-lula-asset-management)
- [Hanjin Jiuying Capital](https://altss.com/profile/hanjin-jiuying-capital)

---

Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/hangzhou-youxiang-investment-management

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology