Plum Ventures (梅花创投) describes itself on its own site as one of China's most active early-stage investment institutions, established in 2014, whose aim is to help entrepreneurs with 心力 (mental strength) and 自适力 (adaptability) become entrepreneurs. The site states the firm manages approximately RMB 10 billion in RMB funds and a USD 100 million fund. Its stated focus is summarised by the firm as 新、半、军、数、智、航, which the site expands as new energy, semiconductors, defence industry, digitalisation, intelligent manufacturing and commercial aerospace. The site states the firm has covered more than 600 companies and that 13 portfolio companies have completed listings.