On May 19, 2026, C Capital held its 2026 Annual General Meeting in Shanghai. Investors from around the world, founders of portfolio companies, and industry experts gathered to engage in in-depth discussions on investment opportunities in Asian markets, frontier technology trends, and the company’s strategic progress.

Figure 1: C Capital team photo. Source: C Capital

C Capital Co-Founder Adrian Cheng delivered the opening remarks. He noted that C Capital is committed to serving as a bridge connecting global capital with Asian markets. Asia’s markets are vast and dynamic, and the region is increasingly becoming a focal point for capital worldwide. C Capital’s portfolio already spans a substantial number of companies, a significant proportion of which have grown into unicorns. Adrian Cheng expressed that the firm will continue to capture long-term opportunities arising from China’s consumer and technology transformation.

Figure 2: C Capital Co-Founder Adrian Cheng delivering the opening remarks. Source: C Capital

C Capital CEO Ben Cheng delivered the keynote address, outlining the firm’s strategic direction. He argued that against a backdrop of shifting global macroeconomic conditions, the importance of diversified asset allocation is growing more pronounced. Asian markets, with their favorable demographics, economic dynamism, and technology catch-up potential, have emerged as one of the most attractive investment destinations. Ben noted that amid a stronger US dollar and stretched valuations in US equities, Asian markets still offer room for valuation re-rating, and international capital is expected to flow into the region steadily over the coming years.

Figure 3: C Capital CEO Ben Cheng delivering the keynote address. Source: C Capital

At the meeting, C Capital outlined its investment strategy across different sectors. In the technology investment space, the firm continues to build positions in the embodied intelligence robotics segment, with representative portfolio companies including AGIBOT and Agile Robots. In the consumer sector, C Capital focuses on high-margin, high-ticket categories with global scalability, with emphasis on consumer electronics, premium sports, and IP-driven lifestyle trends. A representative portfolio company is CASETiFY. C Capital’s broader portfolio also includes Rednote, SHEIN, and Birentech, spanning consumer, technology, and hard tech sectors.

On regional strategy, C Capital shared its positioning in the Australian market. The firm is focused on the renewable energy sector, with particular attention to energy storage technology and AI-driven infrastructure management, as well as opportunities in proptech and consumer finance.

At the meeting, C Capital also introduced the flagship portfolio companies of its latest fund: Noematrix and AGILINK. Noematrix focuses on the AI “brain” for embodied robots and has already secured bulk deployment orders in specific application scenarios. AGILINK specializes in dexterous hand technology, advancing the engineering and scaling of end effectors for embodied intelligence robots — further completing C Capital’s investment coverage across the embodied intelligence value chain.

During the meeting, C Capital CEO Ben Cheng held a fireside chat with Carl Pei, Founder and CEO of Nothing. Carl shared his entrepreneurial journey and discussed how artificial intelligence is reshaping the hardware ecosystem. He expressed his belief that the smartphone form factor will be transformed by AI agents within the next three years, and that the widespread availability of open-source large models could help scale the intelligent device user base from millions to billions. Nothing is positioning itself as an AI agent disruptor, exploring new hardware form factors including AI smart glasses, and plans to increase the share of US market revenue going forward. As the lead investor in Nothing’s Series B, C Capital will continue to provide ongoing support to help the company expand both domestically and internationally.

Figure 4: C Capital CEO Ben Cheng in conversation with Nothing Founder and CEO Carl Pei. Source: C Capital

C Capital also disclosed its fund performance for 2025. Assets under management stand in the multi-billion dollar range, with more than one-third of portfolio companies having reached unicorn status. The firm has achieved multiple exits, with some investments delivering strong returns. Looking ahead, C Capital expects several portfolio companies to complete IPOs or M&A transactions in the second half of the year.

Attendees also paid an on-site visit to AGIBOT, a C Capital portfolio company, to gain firsthand insight into the latest developments in humanoid robot R&D and real-world applications.

Figure 5: Attendees visiting C Capital portfolio company AGIBOT on-site. Source: C Capital

This AGM comprehensively reviewed C Capital’s investment progress and achievements across the technology and consumer sectors, and reaffirmed the firm’s role as a capital platform bridging global and Asian innovation. Anchored in a long-term investment philosophy, C Capital will continue working alongside exceptional founders and global investors to drive the deeper advancement of regional technology innovation and industrial transformation.