Red Star Capital Bureau reported on July 17 that regarding the cross-border entry into the venture capital circle, Zhang Xuefeng responded on Weibo on July 16 that he mainly wanted to understand the investment logic and investment methods to see the development of the investment industry. Under the current economic situation, what are the main industries to invest in, and what changes have occurred in the needs and requirements for talents in various industries.
Zhang Xuefeng also said that this can provide better consulting services for candidates and parents, further connect internships and employment, and improve the process from admission to employment.
Screenshot from Weibo
Tianyancha app shows that on July 11, Suzhou Fengxue Weilai Education Technology Co., Ltd. (hereinafter referred to as "Fengxue Weilai"), which is 75% owned by Zhang Xuefeng (Zhang Zibiao), added a new external Investment, the invested enterprise is Suzhou Yongxin Rongyao Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "Yongxin Rongyao Fund").
Among them, Fengxue Weilai’s subscription amount is 16 million yuan, and its shareholding ratio in Yongxin Rongyao Fund is approximately 2.67%.
According to the Financial Associated Press, Yongxin Rongyao Fund was established in June 2022 with an investment of 600 million yuan. Before Zhang Xuefeng's investment, Yongxin Rongyao Fund had completed fundraising in September last year, and the fund settled in Wujiang, Suzhou.
Red Star Capital Bureau noticed that Zhang Xuefeng is an Internet celebrity teacher. He once focused on the field of college entrance examinations and was known as the "Master of Crosstalk in the Postgraduate Entrance Examination Industry." This summer, he was frequently searched for topics related to filling out college entrance examination applications, and related volunteer application products launched by Fengxue Weilai were sold out.
The official website of Fengxue Weilai (Fengxue Future) shows that so far, the company has provided professional services to students nationwide for 1.286 million times through online and offline channels.
However, entering the venture capital circle is not Zhang Xuefeng’s first crossover.
Red Star Capital Bureau noticed that in March this year, Zhang Xuefeng and others registered Suzhou Fengfeng Huohuochang Jiuzhou Travel Agency Co., Ltd., whose business scope includes tourism, conference and exhibition services, etc., and Zhang Xuefeng holds 90% of its shares.
Tianyancha app shows that Zhang Xuefeng currently serves as a shareholder in 8 companies and as a senior executive in 9 companies.
Red Star News reporter Yang Peiwen
(Source: Red Star News)
