Mr. Yong Hong XU joined SAIF Partners as a Venture Partner in 2009. He is also the founder and managing partner of Hightech Partners, which is a dedicated Renminbi venture capital firm. Prior to that he was with the Wanxiang Group in China and in 1999, the founder and senior manager of Wanxiang Venture Capital, which was then the largest venture capital firm in Zhejiang Province. He has successfully invested in more than 30 companies, including Tubaobao (002043), Aerospace Power (600343), Bewinnner Communications (002148), Foundder Motor (002196), Hilide New Material (002206), SIPEC (Sillicon wafer manufacturer), Zhejiang Ocean Fisheries, etc.

Mr. Xu graduated with a BS from Anhui University.