Mr. Liu Yuheng has over 20 years of investment management experience.

He has led the investments of SHENGSHI JIAOYANG（merged by Royal Group 002329）, JIMI（688696）,Iris, AOSSCI(amalgamated with TERRAFUGIA), Happy Cycle and 3N tech, etc. He currently serves as a director of Iris, Happy Cycle and 3N tech.

Mr. Liu Yuheng focuses on early-stage hard tech investments, strategically positioning himself around cutting-edge technologies and future industrial trends. He led the Pre-A round investment in AOSSCI, a leading industrial-grade drone company, and through industrial capital collaboration, successfully incubated AEROFUGIA, a top-tier eVTOL enterprise. In addition, Mr. Liu has invested in projects such as TopSun (acquired by Royal Group (002329)), XGIMI (688696), 3N Eyecare, and Iris.

Prior to Panlin Capital, Mr. Liu Yuheng served as an assistant president of APAC RESOURCES（HK1104）, GM of Ningbo Huazhou Mining Investment, senior investment manager of CICF Finance Group successively.

Mr. Liu Yuheng graduated from Zhongnan University of Economics and Law and University of Stirling, holds BA and ME degrees in economics, and a EMBA from Peking University.