In 2011, Legend Capital, a subsidiary of Lenovo, was optimistic about the prospects of the new energy sector and decided to invest in potential companies in this field. When their investment manager, Ge Xinyu, discovered a company called Lead Intelligent Equipment Co., Ltd. and sincerely expressed their intention to invest, the company’s founder, Wang Yanqing, directly told him:
“We have no plans for financing.”
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Lead Intelligent Equipment was Ge Xinyu’s first investment project in his career.
After transitioning from the market leader of Huawei’s Pakistan Representative Office to an investment manager at Legend Capital, Ge Xinyu started a meticulous “market search” like a real – estate agent.
His focus was on the Suzhou, Wuxi, and Changzhou regions, which had long been major manufacturing hubs in China and also had a good industrial foundation in the new energy field. More importantly, it was his hometown, and he was familiar…
