In November 2016, Xiamen Huatianyu Equity Investment Limited Partnership (“Huatianyu”) participated in the Series A round of investment in Beijing Qianxin Technology Co., Ltd. (“Qianxin). The valuation of Qianxin after this round of investment is 11.6 billion yuan.

Huantianyu is an equity investment fund devoted to internet security. Its management are senior executives from former Intel investment arm with rich industrial experiences.

Qianxin is the spinoff of enterprise security business unit from 360, a leader of internet security. It was established on June 16, 2016, and is the leading expert of enterprise internet security. Its business includes technology development, technical consultation, technology promotion and networking technology, etc.

Jingtian & Gongcheng is the legal counsel to the investor to provide comprehensive legal services.