The YF Capital was established in early 2010. It was named after Ma Yun, Chairman of Alibaba Board of Directors and Qi Feng, founder of Juzhong Media, and co-founded a private equity fund jointly created by a group of successful entrepreneurs and entrepreneurs.

YF Capital was established in early 2010. It was named after Ma Yun and Qi Feng. Yunfeng Fund is a private equity fund jointly initiated by a group of successful entrepreneurs and entrepreneurs.

According to statistics from the China Research Institute, the size and number of funds raised in the first quarter of 2018 in China's VC/PE market dropped sharply, with a year-on-year decline of 74.85% and a year-on-year decrease of 54.82%.

Zhu Yizhen introduced that Yunfeng Fund mainly invested in the middle and late stages of investment, and simultaneously established two parallel funds of US dollar and RMB, of which the starting point of the investment of US dollar funds was 30 million US dollars. In his view, the tight market situation in 2018 is very obvious, and the investment rhythm is cached in the possibility. “Will there be a company that will lower the valuation and don’t know, and it’s hard to tell the truth.” 

However, Zhu Yizhen also said that despite the market downturn, good projects are still expensive, "you can't move a little." The style of YF Capital is to respect the price of the market, but you can wait and hope to find a reasonable project.