(By last name in alphabetical order)
                                
                                
                                    Rui Chen
                                    
                                        
                                            
                                            
                                        
                                        
                                            
                                            
                                        
                                    
                                
                            Chairman & CEO, Bilibili
                                    Both JP and Steven are early investors of Bilibili. Now they have co-founded INCE Capital, complementing each other in every aspect of investment, operation, finance and product - a perfect dual.
                                        
                                            
                                            
                                
                                
                                    William Huang
                                    
                                        
                                            
                                            
                                        
                                        
                                            
                                            
                                        
                                    
                                
                            Founder, Chairman & CEO, Global Data Solutions Limited
                                    As a long-time friend, I often ask JP for advice on our company’s development from the perspective of an investor, even when we are having dinner or drinks.
                                        
                                            
                                            
                                
                                
                                    Steven Neil Kaplan
                                    
                                        
                                            
                                            
                                        
                                        
                                            
                                            
                                        
                                    
                                
                            Neubauer Family Distinguished Service Professor of Entrepreneurship and Finance, University of Chicago Booth School of Business
                                    JP is a terrifically successful Chicago Booth alum. I am delighted to see that he has put theory to work in the field of venture capital by making investments in some of the most impressive and innovative companies in China.
                                        
                                            
                                            
                                
                                
                                    James Liang
                                    
                                        
                                            
                                            
                                        
                                        
                                            
                                            
                                        
                                    
                                
                            Co-founder & Chairman of the Board, Trip.com Group Limited
                                    JP invested in Trip.com as early as 2000, and has been a close friend to Trip.com and me for 20 years. I wish him great success at INCE Capital.
                                        
                                            
                                            
                                
                                
                                    Jane Sun
                                    
                                        
                                            
                                            
                                        
                                        
                                            
                                            
                                        
                                    
                                
                            CEO, Trip.com Group Limited
                                    JP has been a value-added director of the Board of Directors of Trip.com for many years and has witnessed our growth and success.
                                        
                                            
                                            
                                
                                
                                    Gaofei Wang
                                    
                                        
                                            
                                            
                                        
                                        
                                            
                                            
                                        
                                    
                                
                            CEO, Sina Weibo
                                    Steven is both an investor and an entrepreneur. His rich experience in both investment and company management will undoubtedly drive massive success in his venture capital career.
                                        
                                            
                                            
                                
                                
                                    Xiaochuan Wang
                                    
                                        
                                            
                                            
                                        
                                        
                                            
                                            
                                        
                                    
                                
                            Former CEO, Sogou
                                    I have known Steven for a long time. He is the earliest practitioners in China’s Internet business. He has deep understanding of and insights into the industry, and sufficient experience in company management. These backgrounds can be a strong boost to his portfolio companies.
                                        
                                            
                                            
                                
                                
                                    Louis Yang
                                    
                                        
                                            
                                            
                                        
                                        
                                            
                                            
                                        
                                    
                                
                            Founder, Musical.ly (now known as TikTok)
                                    JP and Stella are not only an early Musical.ly investor but also great friends through the years. I am excited to witness INCE’s growth and look forward to them inspiring more unicorns!
                                        
                                            
                                            
                                
                                
                                    Jiahui Yin
                                    
                                        
                                            
                                            
                                        
                                        
                                            
                                            
                                        
                                    
                                
                            COO, On Group
                                    I am very pleased to have the opportunity to engage with a VC firm like INC, which has extensive experience in the consumer sector, and to exchange insights with them.
                                        
                                            
                                            
                                
                                
                                    Tao Zhang
                                    
                                        
                                            
                                            
                                        
                                        
                                            
                                            
                                        
                                    
                                
                            Founder, Dianping.com
                                    JP is an early investor in Dianping and also a good friend of mine. He accompanied us in several key stages of growth and development. I appreciate his trust, inspiration and support.