Zhenge Fund is an angel investment fund founded by Xu Xiaoping, one of the founders of New Oriental, in 2006 to encourage young people to start businesses and innovate. After New Oriental built a bridge for overseas students to study abroad, Zhenge Fund hopes to build a rainbow for overseas students to return to China to start businesses. Zhenge Fund is willing to help young people with international awareness and understanding realize their entrepreneurial dreams.

By the end of 20 1 1, 1 1, Zhenge Fund had invested in 80 companies including jiayuan, Lanting Jishi and Jumeiyoupin. 20 1 1, 1, Zhenge Fund and Sequoia Capital China formally became strategic partners.