Yun Cheng Gao

Greenwoods-China is an active, value-oriented manager that specializes in managing funds primarily invested into Chinese companies, including but not limited to H shares, Red Chips, ADRs, A shares, and B shares. The firm focuses on fundamental analysis by performing thorough bottom-up researches and deep analysis on companies. When performing corporate analysis, they take a private equity investment approach. When evaluating a company, Greenwoods-China focuses on industry competition dynamics and the company’s position on the value chain. The firm prefers companies with capable and motivated management, high barrier to entry, high growth potential, and strong pricing power.