Andy Kung
Founding and Managing Partner
Andy Kung is a well-recognized investor in the semiconductor field, with 20 years’ experience in investment and fund management in TMT, Integrated Circuits and high-end Manufacturing. Andy has played several key roles in a variety of semiconductor ventures before he founded CTC, including Partner of Pacific Venture Partners (a regional fund established in 1990 focusing on Asia-Pacific semiconductor investment), Executive Partner of Oriza Prior, Executive Partner of Oriza Seed, and General Manager of Tongli Venture Capital. Andy has successfully led several landmark projects including: Changzhou AAC Technologies (02018.HK), Wuxi Suntech Power (NYSE: STP), Shanghai Haier Integrated Circuit (acquired by 300183), Spreadtrum Communications (NASDAQ: SPRD), High Power Lighting Corp (6559.TW), Cambricon Technologies, etc. Andy has been repeatedly invited by Shanghai Finance and Economics Channel to mentor entrepreneurial programs, and was selected as “Ace Judge of Talent” and “Most Dedicated Mentor in 2010”. He was also invited as lecturer for the President Class of Private Equity and International Venture Capital in Shanghai Jiaotong University. In 2018, Andy was awarded the title of “Nanjing Investment Promotion Ambassador” by the Nanjing Municipal Government.
Biao ZhangExecutive Partner
Biao Zhang holds a Master’s degree in Physics from Peking University and a Master’s degree in Electrical Engineering from Stanford University. He has over 20 years’ experience working in the integrated circuit industry. In 1998, Biao founded Smart ASIC Inc. , 2 years later, the company successfully went public, setting the record for the fastest listing IC design company. Biao was also Founder of Huaya Electronics, Inc. and made the company a world-class service provider in digital video imaging chip design. When Huaya Electronics Inc. was acquired by Kangde Xin and Hisense Group, Biao served as the President of the enterprise group’s 3D business department. The team developed the world’s first naked-eye 3D chip. Biao has won several honors in his career, including the Shanghai Science and Technology Enterprise (Entrepreneur) Innovation Award, the 2009 Chinese Enterprise Innovation Outstanding Person, and he has also been elected to the Shanghai Economic and Information Technology Leading Talent Reserve Training Program.
Sam TsangPartner
Sam Tsang worked for TSMC for 24 years, spending the past 2 decades serving as Senior Sales Manager in TSMC Asia-Pacific, Deputy Director of process at TSMC Songjiang Plant, Customer Service Manager, Quality Assurance Manager, and Module Engineer in TSMC respectively. Sam has in-depth understanding and broad connections in IC industry, including IC design, OEM, packaging and testing.
Thomas TongPartner
Thomas Tong has 30 years’ experience in venture capital in the high-tech and image sensor semiconductor industries, both within China and in Silicon Valley, USA. He has engaged in investment in high-tech industry in Silicon Valley U.S, before moving into a position as General Manager of Beijing Torch Development International Co., Ltd. promoting import substitution plans for the company. The companies he has invested in were either listed or being merged. Thomas has entrepreneurial experience in Taiwan and Boston, USA, mainly in research, development, manufacturing and sales of key chips for image sensors. In 2008, he joined Alchip as General Manager of their international business department, serving clients from North America, Europe, Taiwan and South Korea. Alchip went public in Taiwan in 2014.
Shanshan ShiOperation/Investment Director
Shanshan Shi achieved a Master’s degree of Management from Loughborough University, UK, and a Master’s of Economic Law from Zhejiang University of Finance and Economics. She was the head of the post-investment management team in DT Capital Partners and was responsible for post-investment management of ten funds and hundreds of portfolio companies. These include TMT, Electronic Information, Medicine, High-end Manufacturing and New Energy. Shanshan has successfully assisted nearly 20 portfolio companies exit through listing, merge and acquisition, equity transfer or repurchase. Prior to that, Shanshan served as Investment Manager in CTC Capital. The investments she has led included Technovator Int’l (HK: 01206), OCJ (600637) and Cambricon Technologies. She also served as Director/Supervisor in many companies with extensive experience in investment, management and fund operations.
Dennis LanInvestment Director
Dennis Lan received a Master’s of Electrical Engineering from Sun Yat-sen University. He has more than ten years’ experience in IC R&D and marketing. He was responsible for PMIC design at Global Mixed-Mode Technology, successfully designed and mass-produced more than ten chips, and entered the Nokia mobile phone supply chain. He was responsible for the design of WiFi and BLE SOC PMU in iCommsemi. Since 2013, Dennis has created PM, a technical support team, and been responsible for marketing and the ecological chain, successfully led well-known customers such as operators, Midea, and Alibaba, and has sold more than one million chips per month. His investment projects include Nanjing Best Compound Semiconductor and Erised Semiconductor.
Fuyu WangInvestment Director
Fuyu Wang holds a Master’s degree of Physics from Shanghai Jiaotong University. Prior to joining CTC Capital, He was Deputy General Manager of the Investment Department in CEC Development Investment Inc., and conducted project selection, due diligence, and investment in industries such as TMT, Cloud Computing, Electronic Information, Advanced Manufacturing, Military-Civilian Integration, and New Energy. Earlier on, Fuyu was a TMT industry researcher in Junyi Securities Investment Co., Ltd., mainly responsible for the research in the electronics industry, as well as some parts of the computer, communications and automobile industries (smart cars, new energy vehicles).Fuyu was also a former Broadcom R&D engineer and has rich experience in industrial research and investment. His investment projects include Montage Technology (688008), Smart-Core Holdings (HK02166), Spitz, Fine MEMS, SynSense, Silicon Integrated, Iclegend Micro, etc.
Peng XiaoInvestment Director
Peng Xiao holds a Master’s degree from Xidian University. Peng has nearly 20 years’ experience in algorithm, chip, and system product development, as well as technical sales. Working at Huawei, Peng participated in the development of 3G base station algorithms and chips. Later on, he joined Huaya Microelectronics and developed the first generation of analog TV decoders in mainland China, with more than 10 million units sold in the market. When Huaya Microelectronics’ was acquired by a listed company, Peng also joined and developed the naked eye 3D notebook solution which was mass-produced in Samsung computers; the developed medical naked eye 3D display technology was put into clinical use in the Southern Hospital of Southern Medical University. Peng has technical sales experience in top five TV manufacturers and top five notebook factories. He has an invention patent and won the second prize at the Shanghai Science and Technology Progress conference. His investment projects in CTC include Lightelligence, ZJW, etc.
Bo ZhangInvestment Manager
Bo Zhang holds a Master’s degree from George Washington University, USA. He is a holder of FRM, and has extensive project experience in sensors and communication. He has participated in strategic investment in China Unicom’s mixed ownership reform, and specializes in financial modeling and industry analysis and research. His investment projects including Silicon Integrated, Litong Communication, and SynSense.
Hao LiVice President of Management
Hao Li has over 20 years’ experience in the financial industry, now overseeing general management in CTC with her expertise in human resources and administration. Prior to joining CTC, Hao has played several key roles in venture capitals, including Walsin (China) Investment Co., Ltd., Pacific Venture Partners, Oriza Prior, and Oriza Seed, etc. Hao is familiar with management and operation models in foreign-invested companies, specializes in resource allocation and general management in VC firm.
Mengjie GuoInvestment Manager
Mengjie holds a Master’s degree from Rotterdam Business School, Netherlands. She once worked for KPMG (Huazhen), and participated in auditing projects such as China Telecom, JCDecaux, CTV Golden Bridge International Media, and Subaru Automobile. Mengjie specializes in financial and industry analysis, and research. Her projects include Erised Semiconductor, Mems Drive, PetaIO, etc.
Jiangting PanLegal Officer
Jiangting Pan received a Master’s degree in Laws from the East China University of Political Science and Law. Before joining CTC Capital, she worked as a Practicing Lawyer of Grandall Law (Shanghai) Firm, assisted companies in reformation, restructuring and listing. She was also responsible for the establishment of private equity funds and investment. Jiangting has served as Perennial Legal Advisor for dozens companies, and has broad knowledge and extensive experience in China’s domestic capital market, private equity funds and corporate investment, as well as financing and legal advisory services.
Lei WangFinancial Officer
Lei Wang used to work in the Investment Department of a well-recognized group company, overseeing the financial management of its overseas subsidiaries. Prior to that, she served as a Senior Auditor at Ernst & Young. Lei has extensive project experience in A-shares IPO audits and is proficient in Chinese accounting standards and financial risk control processes.