AFF Investment is a newly-launched tech fund under the background of China’s rapid growth. Since establishment, we have devoted ourselves to discover and cultivate the global industry leaders. Upholding the investment philosophy of AFF wealth management Co., we contribute to the creation and development of outstanding startups in early-stage or growth stage. With long-term partnerships and well-connected government relationships maintained in the field of technology, finance, healthcare, education, entertainment, logistic etc., AFF will provide the global funded entrepreneurs and startups with the strategic access to China.

Investment Philosophy

We are not those who wait for gains, we gain the future with those who make.
We do not value much on the assets premium, we value the asset with those who build.
We would invest more in those who are in the center of storm baring risks and thinking big.


Chenghai Zhou


Successful and experienced entrepreneur in China.

Yan Li


Yan was in charge of investment in Angel Plus Capital. Associate of SASAC state-owned companies’ Media Alliance; Special Advisor of China Association for Small and Medium Business Enterprises. Former assistant of famous venture capitalist,Gongquan Wang. In SOHU, Yan supervised Celebrity Strategy, Meal-for-migrant –workers project, building SOHU self-media System, maintaining the ministerial-level government relationship. As a mentor,Yan also provides financing expertise and public relations advisory to varies of startups. And as a consultant, Yan severed for state-owned companies, private-owned companies, etc. with his well-connected network.

Andy Nan


Andy worked in New Oriental Education & Technology Group Inc. (EDU) and has unique and practical investment experience and philosophy of TMT.

Sunbow He

Senior Analyst

Sunbow worked in Qihoo 360 Technology Co. Ltd. (QIHU) having a deep understanding and original philosophy of global Industry.

Lucy Zhang

President's Assistant

MSF. Presented valuation, M&A strategic advice in ACG Synergy project, conducted financial models and industry analysis. She worked in Tianxing Capital, Citibank, Ministry of Finance PPP center, etc.