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Established in 2018, Hidden Hill Capital (“Hidden Hill”) is a private equity manager backed by GLP Capital Partners (“GCP”), the exclusive investment and asset manager of GLP.

Hidden Hill invests minority, significant minority, and strategic equity in companies in modern logistics, digital supply chains, renewable energy and related technologies, with a focus on cross-border opportunities across Asia.

It has more than US$4B in assets under management (AUM) across both RMB (Chinese Yuan) and USD private equity strategies, including its flagship Hidden Hill Modern Logistics Private Equity Fund (US$1.2B AUM), which was ranked the world’s second largest PropTech fund by PERE in 2021 and 2022.

Hidden Hill also debuted on PEI’s Top 300 Private Equity Managers list in 2022 and made it to the list again in 2023 and 2024. The firm was also ranked No.1 on 2024 PERE Proptech 20 List.

  • > US$4.0B

    AUM

  • 8

    Active Funds

  • US$2.4B

    Total Invested Equity

  • ～100

    VC/PE Companies Invested In

PERE Proptech 20
No.1 Globally
2024
PEI 300 Private Equity Firms
No.170
2024
AsianInvestor
Best Private Equity Manager
2024
IAMAC
Private Equity Fund Manager Class A
2021-2024

Investment Philosophy

STRONG ECOSYSTEM

Hidden Hill has deep roots in China and Asia, where its local teams have strong relationships with entrepreneurs and key industry leaders. Hidden Hill leverages GCP and GLP’s global network, ecosystem, and deep industry insights to support its portfolio companies’ strategic plans, including cross-border expansion.

STRATEGIC SPECIALIZATION

As a sector specialist, Hidden Hill has proprietary deal sourcing and portfolio development capabilities. It has a disciplined investment process with active post-investment management to enhance stakeholder value.

Hidden Hill’s two founding partners have more than 50 years of combined industry experience, and the business is supported by more than 60 professionals across five offices in Shanghai, Beijing, Hunan, Xiamen, and Hong Kong.

ESG Focused

Hidden Hill is a UN Principles for Responsible Investment (PRI) signatory in line with GCP. Together with GCP, Hidden Hill is committed to a broad range of ESG initiatives that elevate its business, create value for its shareholders, support its employees and show respect to the local communities in which it works.

Investment Themes

  • MODERN LOGISTICS

    Hidden Hill invests in logistics solutions that power the movement of goods along the supply chain. This includes shipping, air freight, railway and highway transportation, delivery and forwarding, and fulfilment and distribution platforms that provide tech-enabled logistics services and cross-border solutions.

  • SUPPLY CHAIN
    DIGITIZATION & OPTIMIZATION

    Hidden Hill invests in technologies that create supply chain efficiencies and reduce cost through digitization and automation.

  • LOGISTICS TECHNOLOGY ENABLERS & RENEWABLE TECHNOLOGY

    Hidden Hill is focused on technology investments related to modern logistics and supply chain optimization such as the Internet of Things and Robotics. It also invests in renewable technology solutions and companies that accelerate the adoption of renewable energy within the logistics services and supply chain to support the global energy transition and carbon emission reduction goals.

Portfolio Companies

  • Logistics Services
  • Digital Supply Chain
  • Technology Enablers

Main Funds

Hidden Hill VC Fund I

Hidden Hill VC Fund I closed in September 2024. A new strategy for early stage investment in high-growth startups, it is focusing on logistics and supply chain technologies and innovations.

HIDDEN HILL RMB PE FUND II

Hidden Hill RMB PE Fund II closed on January 2, 2024，raising RMB 8 billion in capital commitments.
HH PE RMB Fund II will continue the successful investment approach of RMB Fund I launched in 2018, investing in growth-stage companies with a focus on modern logistics services, digital supply chain, renewable energy, and related technologies.

HIDDEN HILL RMB PE FUND I

Hidden Hill RMB PE Fund I closed in 2018. Leveraging GCP and GLP’s global logistics ecosystem, it focuses on investments in logistics services, supply chain digitization and related technology.

HIDDEN HILL FOUNDATION FUND

Hidden Hill Foundation Fund closed in 2022. It focuses on investments in logistics services, supply chain digitization and technology across Asia. It also targets green investments and solutions that build resilience through supply chain diversification.

HIDDEN HILL YUEYANG SEPARATELY MANAGED ACCOUNT

Hidden Hill Yueyang Fund is a separately managed account. It aims to invest in businesses that can enhance supply chain efficiency in Yueyang city in Hunan province, China.

HIDDEN HILL CARBON NEUTRAL FUND

In October 2021, Hidden Hill and its ecosystem partner YKC, a leading charge-point operator and electric vehicle (EV) software platform provider in China, established the Hidden Hill Carbon Neutral Fund to promote the building of EV charging stations and infrastructure in logistics warehouse parks. The fund also aims to create social and economic value in support of China’s carbon neutral goals.

Hidden Hill VC Fund I

Hidden Hill VC Fund I closed in September 2024. A new strategy for early stage investment in high-growth startups, it is focusing on logistics and supply chain technologies and innovations.

HIDDEN HILL RMB PE FUND II

Hidden Hill RMB PE Fund II closed on January 2, 2024，raising RMB 8 billion in capital commitments.
HH PE RMB Fund II will continue the successful investment approach of RMB Fund I launched in 2018, investing in growth-stage companies with a focus on modern logistics services, digital supply chain, renewable energy, and related technologies.

HIDDEN HILL RMB PE FUND I

Hidden Hill RMB PE Fund I closed in 2018. Leveraging GCP and GLP’s global logistics ecosystem, it focuses on investments in logistics services, supply chain digitization and related technology.

HIDDEN HILL FOUNDATION FUND

Hidden Hill Foundation Fund closed in 2022. It focuses on investments in logistics services, supply chain digitization and technology across Asia. It also targets green investments and solutions that build resilience through supply chain diversification.

HIDDEN HILL YUEYANG SEPARATELY MANAGED ACCOUNT

Hidden Hill Yueyang Case Fund is a separately managed account. It aims to invest in businesses that can enhance supply chain efficiency in Yueyang city in Hunan province, China.

HIDDEN HILL CARBON NEUTRAL FUND

In October 2021, Hidden Hill and its ecosystem partner YKC, a leading charge-point operator and electric vehicle (EV) software platform provider in China, established the Hidden Hill Carbon Neutral Fund to promote the building of EV charging stations and infrastructure in logistics warehouse parks. The fund also aims to create social and economic value in support of China’s carbon neutral goals.

News

January 2, 2024

HIDDEN HILL PE RMB FUND II ANNOUNCES FINAL CLOSING AT RMB 8 BILLION


November 22, 2023

HIDDEN HILL CAPITAL RANKS 2ND IN THE 2023 PERE PROPTECH 20



December 2, 2022

Hidden Hill Capital Announces $465M Close of Hidden Hill Foundation Fund Exceeding Target


October 12, 2021

GLP’s Hidden Hill Capital and YKC Clean Energy Technologies Launch RMB Fund to Advance Smart EV Charging Infrastructure in China

Our Team

Hidden Hill has built a team with roots in Asia that combines deep industry knowledge with strong investment experience.
Hidden Hill continues to attract talent globally, sharpening its Pan-Asia investment platform.

  • Higashi Michihiro

    Founding and Managing Partner

    Prior to joining Hidden Hill, Higashi was Chief Investment Officer of GLP China, where he currently also serves as Chief Strategy Officer of GLP China. Higashi joined GLP in 2006, was instrumental in growing the scale and diversity of GLP’s China business. He was also responsible for managing and establishing strategic alliances in China.

    Higashi was formerly Senior Vice President and Head of Investment of GLP China and helped grow the GLP’s business in Japan. He was previously at Nomura Research Institute where he was responsible for corporate strategy consulting, and Oita Bank in equity research.

    Higashi received his Bachelor of Law from Wuhan University and a Master of Economics from Oita University.

    Higashi Michihiro

    Founding and Managing Partner

  • Richard Dong

    Founding and Managing Partner

    Richard is an industry veteran with more than 45 years of experience in the logistics industry.

    Prior to joining Hidden Hill, Richard served as a strategic advisor to GLP China and was on the board of several listed and private companies. He previously also held positions at Weichai Power, Linde Material Handling and the National Ministry of Machinery Industry in China and was the founding partner of Orient-Logistics Consulting and Global Connexion.

    Richard received his Bachelor of Engineering from Jilin University of Technology and EMBA from China Europe International Business School.

    Richard Dong

    Founding and Managing Partner

Submit Your Business Plan

China Eastern Air Logistics（CEAL）is China Eastern Airline’s cargo division and is a leading air cargo and logistics solutions company and listed on the Shanghai Stock Exchange (SHA: 601156). The company has 10 dedicated cargo planes and access to cargo space in over 700 passenger planes. CEA’s shipping network includes 170 countries globally with over 1000 destinations.
福佑卡车是一家利用大数据和人工智能提升运营效率的数字货运公司。该公司使用深度学习技术开发的算法，涵盖了物流公司从报价到订单结算的所有需求。
山东省交通运输集团有限公司是国有大型专业运输集团，目前拥有四大主营业务：客运、物流、旅游和港航，经营范围涉及公路客货运输、客货场站经营、危化品运输、大型货物起重运输、物流仓储、城市客货出租运输、国际国内旅游、汽车维修、销售、海河运输、浮桥港口经营、油汽站等，是中国交通百强企业、中国物流百强企业和中国服务业500强企业。
新疆九洲恒昌供应链管理股份有限公司主要从事多式联运、公司专属化车队运营、第三方物流服务、配套供应链管理综合服务等业务。积极引领大宗能源物流行业发展，推进建立行业标准，现已成为区域路局配给集装箱资源数额最高、乌准线承认货车列数最多、路局最大的物流运营服务商。
四川驹马企业管理有限公司自2011年起从事城市物流配送服务，并于2016年启动互联科技驱动战略。通过首创的“卡车租赁”+“城市配送”跨界模式，打破传统城配的“区域化限制”，实现规模化的增长和服务能力，将科技“基因式植入”于城配的工具及场景中，改变了司机的从业模式及运力经营管理模式，打造出全新的“智慧运力池”物流体系。目前，已成为国内覆盖范围最广、自有车辆最多的城市配送服务商。
深圳市凯东源现代物流股份有限公司是专业的快消品城市配送服务商，公司以精细化管理和数据化运营为基础，专注共仓共配服务，致力于解决物流各环节的成本和效率难题，为品牌商、渠道商、零售商提供一站式物流解决方案。
跨越速运集团有限公司创建于2007年，现为中国限时速运领导者。跨越速运将打造全生态供应链体系为主要方向，全方位的发展供应链金融、冷链、同城配、跨越新科技、跨境电商、仓储等领域，同时辐射国际业务，依托科技、人才双引擎，打造跨越速运航母战斗群。
COSCO Shipping Logistics & Supply Chain Management（CSLSCM）is the logistics division of COSCO Shipping, the largest shipping company in China, and is building a world-class logistics and supply chain service platform for global clients by leveraging its unique position in China and relationship with COSCO Shipping.
杭州汤氏物流有限公司是一家集公路运输、仓储配送、产品加工、信息流通、金融服务、供应链管理等于一体的跨区域、综合性、现代化的AAAA级物流企业。自主设计研发和制造的侧帘饮料专用厢式挂车、拥有的大桶水托盘的改进创新使得汤氏物流在激烈的市场竞争中实现快捷、安全、双赢的共同目标。
壹米滴答供应链集团是一家专注于为客户提供高性价比产品服务的综合型物流企业，包括快递、快运、供应链、金融等各项服务，是全国拥有干支线数量和货量均领先其他同行的零担物流网络平台。
定位于满足中小微企业灵活仓储需求的互联网仓储运营服务平台，通过产品+服务模式，整合各类优质仓库资源，搭建全国区域广、库房多、服务优的管理平台，为客户提供仓储一站式解决方案。以灵活时间、灵活空间的仓储租赁方式，标准化的库内操作管理，不断推动仓储行业各环节升级和创新，提升供应链管理价值。
Zhonggu Logistics provides container logistics services and is one of the earliest service providers to specialize in domestic coastal container cargo transportation in China.
深圳中海通物流股份有限公司是一家专业的集装箱货运（铁路/海运）公司，是国内最早开展内贸集装箱海运物流的企业。成立二十年间，中海通通过构建多式联运物流大通道和核心枢纽，布局全国多式联运大物流网络，不仅有利于转变交通运输方式和优化运输通道布局，更能有效地促进物流业绿色环保、节能减排，更好的为客户降本增效，全面提升运输效率。中海通致力于成为中国多是式联运的领先企业。
中铁特货物流股份有限公司是中国国家铁路集团有限公司直属专业运输企业。公司的主营业务为商品汽车物流、冷藏物流和大件物流。公司配属、使用的商品汽车运输专用车、长大货车、冷藏货物运输车等铁路专业车辆、商品汽车物流中心，形成覆盖全国的铁路特货运输网。
Zongteng is a China-based leading global logistics and infrastructure service provider focusing on servicing cross-border e-commerce businesses.
China Southern Air Logistics (CSAL) is China Southern Airline’s cargo division and is a leading air cargo operator that owns 14 Boeing 777 cargo planes and 19 dedicated cargo shipping routes globally. China Southern Airlines’ (CSA) passenger business operates over 860 planes and is the largest in Asia and No. 3 worldwide.
BAIBU(ZJ Tech) provides a one-stop service for the textile industry in China, including fabric trading, warehousing and logistics, technology and financial solutions. It is a leader in supply chain digitalization of the traditional fabric/textile industry.
AUKEY is a leading cross-border e-commerce platform engaged in the design, R&D and sales of home-grown technology consumer products, and has full control of product development and design, marketing and promotion, warehousing and distribution.
叮叮鲜食定位于鲜食供应链服务商，致力于为便利店提供优质的鲜食供应，满足消费者对于即时性、高品质的餐食需求。通过对整体供应链的布局，整合产业链上下游，为便利店提供需求分析、研发生产、资源分析、一站式服务和运营支援。
是中国最大的连锁餐饮品牌商品配送服务商。以调味食品为主的采购代理，自有及品牌合作的研发生产，仓储配送为基础的供应链服务体系，服务了连锁餐饮，大宗团膳，食品工业，电商平台，福利团购等五个渠道领域中大型客户。
成立20年来一直专注于冷冻餐饮食材的设计、研发与推广，我国冷冻、冷藏餐料行业位居全国前列的连锁经营机构。
绿成是国内为数不多的第三方中央厨房的服务商，为第三方提供从物料采购、产品研发到生产加工、包装、冷链配送等一系列服务。
Ouyeel is an online B2B steel trading service provider and marketplace. It allows steel buyers and sellers to connect and transact and offers services such as transactions, logistics and storage, order processing, and related financial products.
是中国领先的蔬菜B2B交易平台，提供数据驱动的生鲜供应链解决方案。
Wangjiahuan is a leading supply chain platform operator of agricultural food products in China targeting B2B clients including government agencies, hospitals, schools, chain restaurants, large supermarkets and other institutions. 
小码大众通过技术+运营上的创新，致力于深度优化存量物流效率，与客户一起共创共享增量市场，以技术和数据为驱动，构建以共仓共配冷链物流效率为基础的深度分销供应链平台服务。
雪链凭借智能监控系统，利用物联网技术、云计算和大数据为冷库业主提供数字智能服务。
壹站供应链大数据平台致力于通过各种物联网设备、先进的数据采集及智能化分析技术，结合团队丰富的行业经验和大数据分析能力，为平台上物流企业提供专业的数据服务和决策服务。
易久批是中国领先的覆盖多品类、涉及产业链上下游的快消全产业链互联网整合服务平台。秉持 “通过数字化改造、提升快销产业效率”的企业使命，易久批业务已布局B2B、物流、仓储、金融、连锁、拼团等产业链各环节。2019年，易久批平台已覆盖全国所有一二线城市及主要地级市共140余个，是中国国内最大的快消B2B销售网络。
找油网是一家创新型能源产业互联网公司，致力于通过科技创新优化能源产业供应链，通过数字化赋能能源产业供给侧改革，通过智 能供应链开启能源产业新零售变革，围绕国家能源战略打造一个开放、共享、高效、智能的能源产业互联网平台。
链接物流企业、物业、快递员、消费者，串联上下游的开放平台，可为多物业场景提供定制化的解决方案，实现了末端物流服务的全时段覆盖。
是一家专注供应链服务的平台公司。万全网络搭建了万全商城、万全速配、金融服务三大业务板块，形成了面向B端商户从线上下单采购，到标准化物流配送，并提供多种金融方案支持的服务闭环。初步搭建起互联网+物流、商流、资金流集成化运营的快销品、生鲜直销模式。
G7 is a road freight technology leader in China with a full suite of IoT SaaS service offerings along the logistics value chain. G7 is connected to over 2 million trucks in China and after its merger with E6, is also now the number one provider of cold chain logistics SaaS services in China.
YKC is a leading charge-point operator and electric vehicle software-as-a-service platform provider in China that is quickly expanding across Asia.
Libiao is a global leader in warehouse robotics, specializing in sorting, collection and storage. It has in-house software and hardware development capabilities to provide product manufacturing, customized solutions and project implementation.
Inceptio Technology is a China-based autonomous driving technology provider for trucks and freight network operator. It developed the Xuanyuan autonomous driving system and partnered with two leading heavy-duty truck manufacturers in China to mass produce L3 level autonomous driving trucks as of 2022. Inceptio has completed over 40 million kilometers of commercial rides with its L3 level autonomous trucks for over 20 logistics companies and shippers in China by Q1 2023 and has become a leader in autonomous truck solution provider globally.
HC Robots provides high-speed stereo storage systems to support three-dimensional warehouse automation and sorting.
是一家致力于智能零售创新的创业公司，从智能无人零售管理平台的SAAS软件起步，逐步形成智能零售管理平台、bangCloud和无人零售终端bangMart，软硬一体化的无人零售整体解决方案。
是致力于用智能驾驶技术打造智慧物流产品的人工智能国家高新企业。公司致力于打造封闭、半封闭和城区全场景下的智能驾驶物流引擎，赋能于港口、高速干线、物流园区和城区配送等多样化物流场景,力求用领先的无人驾驶全栈技术实现物流行业的降本增效。
Seer is an industrial logistics solution provider specializing in intelligent control and digitalization using mobile robots, AMR controllers and digital software. Headquartered in Shanghai, the company has 7 offices and 2 manufacturing bases across China, with business operations covered in over 20 countries and regions all over the world.
公司致力于发展搭建运营全国专业的多式联运服务信息平台。依托铁路优势，整合其他社会物流资源，实现联运场站的智慧化、联运全程的透明化、联运服务的标准化。
联运管家是一家供应链管理服务商，主要经营范围是供应链管理；软件开发；计算机系统服务；货运代理；数据处理；技术开发、技术咨询、技术服务；经济贸易咨询；企业管理咨询等。
中邮科技整合了原邮政科学研究规划院、上海邮政科学研究院、上海邮政通用技术设备公司、广东信源设备有限公司四家单位的物流设备研发制造板块，是中国邮政集团旗下物流科技板块的承载主体和具有活跃创新能力的科技企业。
企业专注于智慧物流装备和特种汽车的研制与生产、物流科技的引领与创新，拥有机器视觉、物联网、人工智能、智能专用车定制、光机电一体等多项核心技术及研发实力，主要产品和服务范围包括智能分拣、智能传输、智能仓储、智能终端以及智能专用车定制等。
Telexistence技术（即一种远程人机交互技术)为基础的人形机器人研发企业。主要产品研发方向集中在零售及物流场景，通过远程操控的人形机械手实现便利店场景下的补货以及物流场景中的分拣等，旨在成为机器人领域规模化的系统性创新者。
成立于1997年，总部在广州。是以技术驱动的跨境产业服务商，设有跨境供应链、国际物流和数字科技三大事业群，在境内外有60多家经营机构，用全链路、全渠道和全品类的数字化跨境供应链服务体系，连接品牌和渠道，为客户提供高质量的数字供应链解决方案，推动产业良性发展。
Xingyun Group is a leader in global B2B e-commerce service platform based in China. It provides global channel operation, distribution, and cross-border business services and has created a comprehensive global service system integrating overseas service, brand service, distribution channel service, and cross-border logistics service to help global products sold in China.
北海凤集生态农业科技有限公司由贵州凤集公司在全国成功运营蛋鸡全产业链的管理团队发起成立的专业公司，致力于聚集全球顶级的蛋鸡育种、生产、养殖、技术及营销资源，专注于高品质鸡蛋的研发、生产与销售。
上海科橘信息科技有限公司是一家致力于提供跨境供应链综合解决方案的专业服务公司，可为企业提供智能化的关务系统及专业化的全球通关咨询服务。“科橘”商标为上海科橘信息科技有限公司申请并拥有，主要服务项目为：计算机软硬件、软件即服务（SaaS）、云计算等多个领域。
作为贸易科技倡导者，公司拥有多项自主知识产权，依托人工智能、单证图像识别、云计算、大数据等前沿科技手段，帮助企业提升通关效率与管控能力、降低贸易成本与合规风险，致力于成为企业的智能关务管家。科橘科技与政府、国内外机构协会及多家高等院校保持长期合作，提供海关事务、区块链及跨境供应链领域的多种前沿整体解决方案，助力建设跨境电商综合试验区、自由贸易试验区调研、电子口岸十四五规划、建设产学研人才孵化基地。
成立于2015年，是全球互联网电商引领者，国内领先的全球商品综合服务平台。目前集团构建的全程跨境供应链服务已形成上中下游的交易闭环，可帮助品牌方和进口零售渠道高效对接，实现了交易流程的简化和资源互通，并逐步将其能力延展到国内外消费品供应链中。
震坤行工业超市是一家数字化的工业用品服务平台 ，致力于工业用品供应链的数字化建设，助力企业采购管理数字化升级。以成就客户为导向，让工业用品采购和交付 透明、高效、低成本。
震坤行工业超市通过全链条的数字化改造能力，重构中国传统工业用品采销渠道。 为企业提供集交易平台、数字化工具、智能化服务 于一体的综合数字化供应链解决方案
首农电商是首农集团重点打造的营销旗舰和电商平台，将成为超一流的专业垂直生鲜电商平台。
首农电商采取B2B B2C与O2O相结合的运营模式，立足首都、展望京津冀、逐步完成在全国一线城市的战略布局，成长为全国生鲜电商领军品牌。
优速快递成立于2009年，是一家提供全国性快递服务的规模型快递企业，致力于成为性价比最优的大包裹快递公司。
知名快递服务商，拥有二十年以上的项目物流服务经验，仓储急配送均拥有深厚的发展基础。2004年，宅急送被评为“中国最具竞争力的物流企业”，2005年被《福布斯》评为“中国潜力100榜”第七名，2006年被全国总工会和中央电视台评为中国“十佳雇主企业”。
朗夫包装是一家物流包装产品生产商，公司产品包括集装箱液袋、高温液袋、冻柜液袋、纸箱IBC、八角吨箱、盒中袋、集装箱内衬袋等，并配套整体物流服务，可运输各种食品级、化工品等液体货物。
JD Logistics is China’s leading technology-driven supply chain solutions and logistics services provider and is listed on the Hong Kong Stock Exchange (HKG: 2618).
专注为便利店提供高效配送服务。目前，懿百已经与可口可乐、百事可乐、统一、康师傅、农夫山泉等诸多著名快消品牌开展合作，快消品配送SKU达6000余个，便利店通过“米壹佰”可以做到一站式采购。
滴滴货运，是滴滴旗下货运平台。
滴滴货运具备完备人脸识别、行程录音、行程分享、号码保护、110报警、紧急联系人、实时位置保护等功能。
依靠滴滴出行的品牌影响力，滴滴货运自成立至今已成为国内发展较快的同城货运品牌。
SparkX邑炎科技是一家新生代跨境品牌全案营销咨询公司，可以为客户提供亚马逊、独立站等海外多平台一站式整合数字营销解决方案。致力于通过多元化的数据、敏锐的营销触觉、全球化的营销经验以及丰富的营销技术与资源，赋能中国企业品牌化出海。
哥伦布一直致力于“托盘搬运机器人”（PTR）的研发及创新，用颠覆性的产品与技术方案推动托盘存储和托盘搬运业的变革。哥伦布智能PTR全面覆盖3000kg以下托盘搬运。实际案例场景应用达500+，产品广泛应用于医药、冷链、食品、化工、快消、电商、汽车、新能源等50个行业。
SANY Group spun off its electric powered heavy-duty truck division and created a leading manufacturer of electric powered heavy-duty trucks in China with global expansion plans.
J&T is a leading global logistics service provider headquartered in Indonesia focusing on last mile express delivery services in Southeast Asia, China, the Middle East and Latin America.
Li & Fung creates customized, end-to-end supply chain and logistics solutions for brands and retailers worldwide. The company was taken private from the Hong Kong Stock Exchange in 2020 by GLP and is continuing its digitization journey with post investment value add from Hidden Hill.
Jet Commerce is a leading Southeast Asia based e-commerce service provider. It also manufactures its own small appliances which are sold across SEA and other emerging markets.
Y.O.U Beauty is an international beauty brand from Indonesian headquartered HEBE Beauty Group. It is committed to providing women in South East Asia with accessible beauty products including makeup, skincare, body care, cosmetics and accessories.
eSign is a leading electronic signature and digital contract solutions service provider in China.
Deep Insights was formed through the merger of Quantum Asia Solutions’ integrated supply chain cloud platform with Gillion's digital solution for the shipping agency industry. Deep Insights intends to unify the supply chain system through digital solutions and AI technology to achieve efficiency and cost optimization.
RuiCycle is a leading lithium battery recycling technology company with operations in China and Korea.
WeLion focuses on the next generation solid lithium battery R&D, manufacturing and services.
Farizon is a manufacturer of EV commercial vehicles and is backed by China’s leading automobile manufacturer Geely.

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