Michael DuManaging Director / Managing Partner at China Renaissance / Huaxing Growth Capital
Du Yongbo is the Managing Partner of Huaxing Growth Capital Fund at China Renaissance, and is mainly responsible for the new economy fund investment business of the group.
After joining China Renaissance, Mr. Du has held several management positions, including principal of the TME group and managing director of the corporate finance group.
Mr. Du has completed a large number of important private equity and M&A projects in the TMT industry. He has financed nearly 10 billion US dollars in total, and his clients include Meituan, Ganji, Tujia, Uxin, Chang Ba, CAR Inc., PPS, BITA, Dangdang, Qihoo 360. Well known M&A projects Mr. Du and the team have completed during recent years include the merger of Dada and Daojia.jd.com, LeTV’s acquisition of Yidao, Vipshop’s acquisition of LAFASO, Qihoo’s acquisition of MediaV, etc. As for direct investment cases, Mr. Du has served for clients such as Lexin, Zhihu, Youxin, Eleme, HomeLink, Mobike, and SenseTime. Prior to joining China Renaissance, Mr. Du served at Lenovo Group for approximately eight years, assuming a number of senior positions in different companies within the group, including investment director, general manager, as well as vice general manager of corporate planning.
Mr. Du holds dual bachelor’s degrees in engineering (thermal and nuclear energy, and mechanical engineering) from Tsinghua University and a master of business administration degree in finance from the Chinese University of Hong Kong.