At the beginning of 2016, Song Nan, then the manager of Hongtai Fund Investment, had studied the algorithm, calculation power and data for more than a year at Hongtai Frontier Technology Group. At that time, Song Nan met the AI Semantic Company “Triangle” . He instincts that “Triangle" was the target he was looking for.With background in R&D teams from Microsoft and Baidu and its advantages in the NLP algorithm side, Song Nan took the COO Ma Yuchi who was responsible for the financing of the triangle beast to “sign up for TS (Investment Letter of Intent)” in the office. During the same period, many first line venture capitals competed with Hongtai for triangular beasts, including Zhenge.In less than three years, the value of the triangular beast has risen nearly 30 times, becoming a star startup in the AI field. In addition, Song Nan also led the investment of 8 companies such as nreal.ai and Shumi Technology, and the average increase in valuation returns was about 3 times.

Song Nan has currently served as the vice president of Hongtai Fund. Hong Tai, who is mainly based on early investment, needs to make value judgments and find quality targets in the shortest time before the industry is formed in the Red Sea.