Mr. Xu is a partner of Aihang Fund. With more than 25 years of experience in investment and financing, he has worked in financial institutions such as Industrial and Commercial Bank of China, Shanghai Pudong Development Bank, Ping An Bank, etc., and served as credit section chief, vice president in charge of business, regional business director, etc. He has keen market insight and strong awareness of risk prevention and control, and specializes in industrial investment, mergers and acquisitions and reorganization, and has rich experience in investment management in the fields of medical and health care, culture and tourism. He has rich experience in investment management in the fields of healthcare, culture and tourism. He has led and participated in a number of industrial investment and M&A projects, such as Mingcheng 5 billion yuan industrial fund, S1 and S2 line industrial fund of Railway Investment Group, pharmaceutical fund of Lingkang Pharmaceuticals, Songcheng Performing Arts, Yintai Group's Xikou Tourism, and Space-time Electric M&A, etc. He is also a director of the regional business of the bank.