Our story

Family history

Global presence

Leadership team

A Distinguished Single Family Office

From a transportation business in the 1970s to a globally focused investment firm today

RH Capital is a distinguished single family office headquartered in Beijing. With a strong commitment to driving transformative change in human life, RH Capital focuses its investments on cutting-edge technologies with the potential to revolutionize the way we live and work.


Guided by a clear vision, RH Capital continually seeks opportunities in fields such as artificial intelligence, biotechnology, big data, and beyond — leveraging these advancements to enhance the human experience, improve well-being, and foster sustainable progress

A Distinguished Single Family Office
From a transportation business in the 1970s to a globally focused investment firm today
RH Capital is a distinguished single family office headquartered in Beijing. With a strong commitment to driving transformative change in human life, RH Capital focuses its investments on cutting-edge technologies with the potential to revolutionize the way we live and work. Guided by a clear vision, RH Capital continually seeks opportunities in fields such as artificial intelligence, biotechnology, big data, and beyond — leveraging these advancements to enhance the human experience, improve well-being, and foster sustainable progress.
A Distinguished Single Family Office
From a transportation business in the 1970s to a globally focused investment firm today
RH Capital is a distinguished single family office headquartered in Beijing. With a strong commitment to driving transformative change in human life, RH Capital focuses its investments on cutting-edge technologies with the potential to revolutionize the way we live and work. Guided by a clear vision, RH Capital continually seeks opportunities in fields such as artificial intelligence, biotechnology, big data, and beyond — leveraging these advancements to enhance the human experience, improve well-being, and foster sustainable progress.

Our grandfather was one of the first-generation mechanical engineers in New China, playing a crucial role in developing liberated automobiles and laying the industrial foundation for domestically developed truck transmissions.


In the 1970s, Mr. Qin founded the predecessor of our family business, Ronghe (RH) Coal Transport Company — privatizing and operating the transportation company before China's era of economic reform. By the 1980s, the family owned its own fleet of coal transport trucks and became a prominent symbol of reform on the Datong–Qinhuangdao coal transport line.

Entering the 21st century, daily coal trading volume reached 10,000 tons, with sales extending to Japan, South Korea, Southeast Asia, and Australia. In 2008, the company expanded into personal financial services and residential and commercial real estate development.


Our family's history is filled with the spirit of hard work and innovation. We are committed to developing our family business into a diversified, international corporate group — upholding our values, striving for excellence, and contributing to society.

This is the story of our family, as well as our steadfast commitment to upholding traditions and pursuing innovation.

Kevin Qin

Principal of RH Capital

Our story

Our story

As a third-generation member of my family,

I take pride in recounting our long history.

As a third-generation member of my family, I take pride in recounting our long history.

Family history

Family history

Family history

1950s

1950s

Mr. Wanxiang Zhang stood at the forefront of a nation rebuilding itself — serving as Senior Electrical Engineer and leading the development of truck transmissions for New China's landmark Jiefang Project. His engineering laid the groundwork for a country in motion, and for a family legacy that would follow.

Mr. Wanxiang Zhang stood at the forefront of a nation rebuilding itself — serving as Senior Electrical Engineer and leading the development of truck transmissions for New China's landmark Jiefang Project. His engineering laid the groundwork for a country in motion, and for a family legacy that would follow.

Mr. Wanxiang Zhang stood at the forefront of a nation rebuilding itself — serving as Senior Electrical Engineer and leading the development of truck transmissions for New China's landmark Jiefang Project. His engineering laid the groundwork for a country in motion, and for a family legacy that would follow.

1970s

1970s

At just 17, Mr. Qin took his first entrepreneurial leap — building a coal transportation business from nothing more than two small trucks. That leap of faith became Ronghe (RH) Coal Transport Company, the seed from which our family's enterprise would grow.

At just 17, Mr. Qin took his first entrepreneurial leap — building a coal transportation business from nothing more than two small trucks. That leap of faith became Ronghe (RH) Coal Transport Company, the seed from which our family's enterprise would grow.

1980s

1980s

Driven by ambition and a sharp eye for opportunity, Mr. Qin looked beyond China's borders — establishing RH's international trading division and bringing Japanese electronics and automobiles into Shanxi. It was an early bet on global connection, years ahead of its time.

Driven by ambition and a sharp eye for opportunity, Mr. Qin looked beyond China's borders — establishing RH's international trading division and bringing Japanese electronics and automobiles into Shanxi. It was an early bet on global connection, years ahead of its time.

1990s

1990s

As the business matured, so did its ambition. RH Company evolved into RH Group, broadening its reach across trading, coal transportation, and coal trading — a signal of a family enterprise built to grow.

As the business matured, so did its ambition. RH Company evolved into RH Group, broadening its reach across trading, coal transportation, and coal trading — a signal of a family enterprise built to grow.

2000s

2000s

The new century brought new horizons. RH Group ventured beyond coal — into personal lending, real estate development, and hotel management — proof of an enterprise unafraid to reinvent itself and pursue new frontiers.

The new century brought new horizons. RH Group ventured beyond coal — into personal lending, real estate development, and hotel management — proof of an enterprise unafraid to reinvent itself and pursue new frontiers.

Now

Now

In 2015, the third generation stepped forward to write the next chapter: RH Capital. Built on decades of entrepreneurial spirit and hard-won experience, RH Capital today specializes in venture capital, private equity, and secondary market investments — carrying the family's legacy of innovation confidently into the future.

In 2015, the third generation stepped forward to write the next chapter: RH Capital. Built on decades of entrepreneurial spirit and hard-won experience, RH Capital today specializes in venture capital, private equity, and secondary market investments — carrying the family's legacy of innovation confidently into the future.

Global Presence

Global Presence

Portfolio Companies

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Backing founders and businesses across every stage and sector, built for the long horizon.

Portfolio Companies

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Backing founders and businesses across every stage and sector, built for the long horizon.

Countries

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Capital deployed across developed and emerging markets, wherever structural opportunity takes shape.

Countries

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Capital deployed across developed and emerging markets, wherever structural opportunity takes shape.

Years of Combined Experience

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Judgment built across venture, private equity, and global markets — tested through multiple cycles, not one.

Years of Combined Experience

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Judgment built across venture, private equity, and global markets — tested through multiple cycles, not one.

Strategic Partners

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A global network we rely on to source, diligence, and scale every investment we make.

Strategic Partners

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A global network we rely on to source, diligence, and scale every investment we make.

Global Presence

Portfolio Companies

0+

Backing founders and businesses across every stage and sector, built for the long horizon.

Countries

0+

Capital deployed across developed and emerging markets, wherever structural opportunity takes shape.

Years of Combined Experience

0+

Judgment built across venture, private equity, and global markets — tested through multiple cycles, not one.

Strategic Partners

0+

A global network we rely on to source, diligence, and scale every investment we make.

Our team

Our team

Our team

Founding Partner

Kevin Qin (秦峰)

Mr. Qin has a wealth of experiences in entrepreneurship and cross-border investment, He has skillfully established his family office as the thriving third generation of his lineage. As a result, he has cultivated exceptional relationships with prominent family offices and institutional investors around the globe. Before founding RH Capital, Mr. Qin's enterprising spirit led him to New York City, where he owned a successful hospitality company. Under his astute leadership, numerous international dining brands flourished, earning prestigious accolades from top-tier media outlets such as the New York Times, The New Yorker, Forbes, and The Wall Street Journal. In addition to his entrepreneurial prowess, Mr. Qin acquired valuable experience on Wall Street, holding positions as a structured product trader at UBS and a fixed-income analyst at Deutsche Börse. Currently, he is pursuing a Doctorate in Entrepreneurship and Innovation at the University of Manchester and holds a Master's degree from the esteemed Columbia University.

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Founding Partner

Kevin Qin (秦峰)

Mr. Qin has a wealth of experiences in entrepreneurship and cross-border investment, He has skillfully established his family office as the thriving third generation of his lineage. As a result, he has cultivated exceptional relationships with prominent family offices and institutional investors around the globe. Before founding RH Capital, Mr. Qin's enterprising spirit led him to New York City, where he owned a successful hospitality company. Under his astute leadership, numerous international dining brands flourished, earning prestigious accolades from top-tier media outlets such as the New York Times, The New Yorker, Forbes, and The Wall Street Journal. In addition to his entrepreneurial prowess, Mr. Qin acquired valuable experience on Wall Street, holding positions as a structured product trader at UBS and a fixed-income analyst at Deutsche Börse. Currently, he is pursuing a Doctorate in Entrepreneurship and Innovation at the University of Manchester and holds a Master's degree from the esteemed Columbia University.

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Managing Partner

Zachary Chen (陈云飞)

Mr. Zachary Chen currently serves as Managing Partner at RH Capital. An expert in government relations, Mr. Chen oversees RH Capital's external resources and government partnerships. With many years of experience in state-owned enterprises in China, he focuses on hospitality and tourism management. He has collaborated on numerous national conferences and acted as a government liaison.Prior to joining RH Capital, Mr. Chen held various roles within the China Tourism Group in both Beijing and Qingdao. He holds a Bachelor’s degree in Business Administration from Ocean University of China.

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Managing Partner

Zachary Chen (陈云飞)

Mr. Zachary Chen currently serves as Managing Partner at RH Capital. An expert in government relations, Mr. Chen oversees RH Capital's external resources and government partnerships. With many years of experience in state-owned enterprises in China, he focuses on hospitality and tourism management. He has collaborated on numerous national conferences and acted as a government liaison.Prior to joining RH Capital, Mr. Chen held various roles within the China Tourism Group in both Beijing and Qingdao. He holds a Bachelor’s degree in Business Administration from Ocean University of China.

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Executive Director, Investment

Eddie Chen (陈博飞)

Mr. Edison Chen is the Executive Director at RH Capital, where he leverages his extensive background in finance to drive strategic investment initiatives. In addition to his primary investment activities, Mr. Chen also engages in secondary market investments and strategic planning. As a seasoned finance professional, he is committed to delivering exceptional investment strategies and insights, empowering clients to achieve their financial goals. Mr. Chen began his career as a data analyst at Progressive Insurance, where he honed his analytical skills and developed a keen understanding of market dynamics. Upon returning to Beijing in 2020, he transitioned into finance, specializing in primary market investments with a focus on artificial intelligence and consumer products. Mr. Chen holds a Master’s degree in Economics from California State Polytechnic University, Pomona.

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Executive Director, Investment

Eddie Chen (陈博飞)

Mr. Edison Chen is the Executive Director at RH Capital, where he leverages his extensive background in finance to drive strategic investment initiatives. In addition to his primary investment activities, Mr. Chen also engages in secondary market investments and strategic planning. As a seasoned finance professional, he is committed to delivering exceptional investment strategies and insights, empowering clients to achieve their financial goals. Mr. Chen began his career as a data analyst at Progressive Insurance, where he honed his analytical skills and developed a keen understanding of market dynamics. Upon returning to Beijing in 2020, he transitioned into finance, specializing in primary market investments with a focus on artificial intelligence and consumer products. Mr. Chen holds a Master’s degree in Economics from California State Polytechnic University, Pomona.

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Executive Director, Research

Yang Xin (辛斸)

Mr. Yang Xin is currently the Executive Director of RH Capital, focusing on investment research. Over the years, he has been deeply involved in various fields such as consumer goods, technology, and artificial intelligence, providing strong support for investment decisions. Before joining RH Capital, Mr. Xin was a serial entrepreneur. During his long entrepreneurial journey, he accumulated rich and diverse valuable experiences. Mr. Xin graduated from Ningbo University and holds a Bachelor's degree in Law. His solid professional knowledge background has also laid a solid foundation for his development in the investment field.

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Executive Director, Research

Yang Xin (辛斸)

Mr. Yang Xin is currently the Executive Director of RH Capital, focusing on investment research. Over the years, he has been deeply involved in various fields such as consumer goods, technology, and artificial intelligence, providing strong support for investment decisions. Before joining RH Capital, Mr. Xin was a serial entrepreneur. During his long entrepreneurial journey, he accumulated rich and diverse valuable experiences. Mr. Xin graduated from Ningbo University and holds a Bachelor's degree in Law. His solid professional knowledge background has also laid a solid foundation for his development in the investment field.

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Director, Portfolio and Admin

Maggie Wang (王冕)

Ms. Maggie Wang is currently the Director at RH Capital, focusing on post-investment management and operations. She possesses extensive experience in driving business growth, optimizing processes, and enhancing operational efficiency. Throughout her career, she has successfully managed multiple post-investment portfolios, supervised the integration of new investments, and ensured the smooth execution of operational strategies. Prior to joining RH Capital, Ms. Wang held positions in foreign-funded fast-moving consumer goods brands and publishing groups. Ms. Wang graduated from Minzu University of China with a Bachelor's degree in Journalism.

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Director, Portfolio and Admin

Maggie Wang (王冕)

Ms. Maggie Wang is currently the Director at RH Capital, focusing on post-investment management and operations. She possesses extensive experience in driving business growth, optimizing processes, and enhancing operational efficiency. Throughout her career, she has successfully managed multiple post-investment portfolios, supervised the integration of new investments, and ensured the smooth execution of operational strategies. Prior to joining RH Capital, Ms. Wang held positions in foreign-funded fast-moving consumer goods brands and publishing groups. Ms. Wang graduated from Minzu University of China with a Bachelor's degree in Journalism.

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Great People.

Aligned Values.

Lasting Impact.

Great People. Aligned Values. Lasting Impact.
Great People. Aligned Values. Lasting Impact.

Investing across global markets, partnering with visionary
companies to create sustainable
value for generations.

Office China

Beijing

9FL Jingchao Building
5 Nongzhan South Road
Chaoyang, Beijing, P.R.China 

+86 10 52498156

Office U.S

New York

400 Fifth Ave, #31E
New York, NY 10069
United States 

+1 9174121868

The information provided on this website is for informational and internal discussion purposes only. This content reflects the author's personal views and independent research and does not constitute investment advice, a recommendation, or a solicitation to buy, sell, or hold any security or asset. Nothing herein should be relied upon for making investment decisions, and readers act on this information entirely at their own risk. The content does not represent an official position, forecast, or endorsement of RH Capital as a firm. RH Capital is a management consulting firm and does not provide investment advisory services, manage third-party capital, or engage in fundraising on behalf of any fund, security, or investment vehicle.

© 2026 RH CAPITAL

Subscribe to Our Newsletter.

Investing across global markets, partnering with visionary
companies to create sustainable
value for generations.

Office China

Beijing

9FL Jingchao Building
5 Nongzhan South Road
Chaoyang, Beijing, P.R.China 

+86 10 52498156

Office U.S

New York

400 Fifth Ave, #31E
New York, NY 10069
United States 

+1 9174121868

The information provided on this website is for informational and internal discussion purposes only. This content reflects the author's personal views and independent research and does not constitute investment advice, a recommendation, or a solicitation to buy, sell, or hold any security or asset. Nothing herein should be relied upon for making investment decisions, and readers act on this information entirely at their own risk. The content does not represent an official position, forecast, or endorsement of RH Capital as a firm. RH Capital is a management consulting firm and does not provide investment advisory services, manage third-party capital, or engage in fundraising on behalf of any fund, security, or investment vehicle.

© 2026 RH CAPITAL

Subscribe to Our Newsletter.

Investing across global markets, partnering with visionary
companies to create sustainable
value for generations.

Office China

Beijing

9FL Jingchao Building
5 Nongzhan South Road
Chaoyang, Beijing, P.R.China 

+86 10 52498156

Office U.S

New York

400 Fifth Ave, #31E
New York, NY 10069
United States 

+1 9174121868

The information provided on this website is for informational and internal discussion purposes only. This content reflects the author's personal views and independent research and does not constitute investment advice, a recommendation, or a solicitation to buy, sell, or hold any security or asset. Nothing herein should be relied upon for making investment decisions, and readers act on this information entirely at their own risk. The content does not represent an official position, forecast, or endorsement of RH Capital as a firm. RH Capital is a management consulting firm and does not provide investment advisory services, manage third-party capital, or engage in fundraising on behalf of any fund, security, or investment vehicle.

© 2026 RH CAPITAL

Subscribe to Our Newsletter.

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