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Angel Investor (Individual)

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Investments

4

Portfolio Exits

1

About Wang Qiang

Wang Qiang (王强) joined New Oriental Education & Technology Group as a co-founder in 1996. He designed the foundations of New Oriental's oral English classes, as well as practical English and computer science courses. He served as Vice President and Board Member of New Oriental, as well as the New Oriental Beijing Branch Director and Standing Vice Principal. Prior to co-founding New Oriental Technology and Education, he held engineering positions in the software division of Bell Communications Research, and was formerly was a lecturer of English language and literature at Peking University. He received an M.S. in Computer Science from State University of New York, and a B.A. in English from Peking University.

Wang Qiang Headquarter Location

China

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Latest Wang Qiang News

"We provide accessories for all kinds of modern agricultural facilities"

May 6, 2022

Tianjin Renjuda Steel Co., Ltd. is a large-scale steel enterprise integrating scientific research, production, and trade. The company is located in Daqiuzhuang, Tianjin, covering an area of ​​more than 8,000 square meters and a building area of ​​7,500 square meters. According to Wang Qiang, the company's sales manager, "Renjuda focuses on providing accessories and corresponding technology development for various modern agricultural equipment and facilities, such as flower greenhouses, solar greenhouses, and others. We can provide various types of galvanized round pipe, galvanized strip oval pipe, plastic-coated pipe, and other products. We can produce according to customer requirements if needed." "There are many greenhouses in China, and the demand for accessories is strong. The most common is the solar greenhouse, which is a unique agricultural and animal husbandry thermal insulation facility used in autumn, winter, and spring in China. It can maximize the use of sunlight and achieve maximum thermal insulation at night, which is very economical.” Wang Qiang continued that the company will design product parameters and strength levels in accordance with the customer's crop planting needs. Usually, customers will install the materials themselves after receiving them, but if the project area is too large and the customer needs them to assist in installation, they can also provide installation services. "Before I joined Renjuda, I worked in e-commerce for a long time and also created my own company. Thanks to my e-commerce experience, I want to try overseas markets, especially the European and American markets. I believe that the market prospect is always there, as long as we find the right way." More information:

Wang Qiang Investments

4 Investments

Wang Qiang has made 4 investments. Their latest investment was in Paymax as part of their Seed VC on July 7, 2014.

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Wang Qiang Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/1/2014

Seed VC

Paymax

Yes

2

9/1/2013

Series B

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$99M

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10

12/14/2012

Seed VC

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10

12/2/2011

Seed VC

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10

Date

7/1/2014

9/1/2013

12/14/2012

12/2/2011

Round

Seed VC

Series B

Seed VC

Seed VC

Company

Paymax

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Amount

$99M

New?

Yes

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Co-Investors

Sources

2

10

10

10

Wang Qiang Portfolio Exits

1 Portfolio Exit

Wang Qiang has 1 portfolio exit. Their latest portfolio exit was 17zuoye on December 04, 2020.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/4/2020

IPO

$99M

2

Date

12/4/2020

Exit

IPO

Companies

Valuation

$99M

Acquirer

Sources

2

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