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Zhengyao Lu, Founder, Chairman & CEO at UCAR

Zhengyao Lu

Founder, Chairman & CEO @ UCAR

Beijing, China

Zhengyao Lu is a Series A investor at UCAR in Beijing focused on Coffee and Retail. Zhengyao Lu is the president and CEO of China Auto Rental Holdings Limited, a Chinese car rental business that offers sedans, sports utility vehicles, and multi-purpose vehicles for short- and long- term rentals, and leasing. Zhengyao founded the company in 2007, before which he founded a joint LuZhengyao Automobile Club in 2005. Lu holds abachelor’s degree in engineering from University of Science and Technology, Beijing, and an EMBA from Peking University.

Total investments:
3
Last investment:
Lead investor:
33%

Last updated:

Industries Zhengyao Lu invests in

CoffeeRetailAutomotiveManufacturingElectric Vehicle

Stages Zhengyao Lu invests in

Series ASeed

Countries Zhengyao Lu invests in

China

Round sizes

Series A $200M–$324M

Contacts

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Round size

Series A
$200M–$324M

Investment Focus

Industry

  • Coffee 1 (33%)
  • Retail 1 (33%)
  • Automotive 1 (33%)
  • Manufacturing 1 (33%)
  • Electric Vehicle 1 (33%)
See all 7 industries →

Stage

  • Series A 2 (67%)
  • Seed 1 (33%)

Investments

CompanyDescriptionRoundLinks
Luckin coffee, a representative of China's new retail coffee, is committed to becoming a leading high-quality coffee brand and professional coffee service provider in the country.Luckin coffee, with preferred raw materials, exquisite coffee technology, innovative business models and leading mobile internet technologies, is striving to bringa higher quality coffee consumer experience to consumers and promote the popularization and development of coffee culture in China. $200M / Series A / Jun 11, 2018
Luckin coffee, a representative of China's new retail coffee, is committed to becoming a leading high-quality coffee brand and professional coffee service provider in the country.Luckin coffee, with preferred raw materials, exquisite coffee technology, innovative business models and leading mobile internet technologies, is striving to bringa higher quality coffee consumer experience to consumers and promote the popularization and development of coffee culture in China. Seed / Apr 15, 2018
Xiaopeng Motors is an electric vehicle and technology company that designs and manufactures intelligent mobility solutions. $323.5M / Series A / Jun 12, 2017

Co-Investors

UCAR

About UCAR

VC Fund · Tianjin, China

Launched in January 2015, UCAR is one of the largest chauffeured car service providers in China. Through a combination of mobile internet technology, big data, professional drivers, and quality rental vehicles from CAR Inc., UCAR is committed to guaranteeing safe and standardized chauffeur services for its customers. UCAR is able to guaranteedrivers’ background and qualifications as well as vehicle conditions, adopt state-of-the-art technologies to track drivers’ behaviors, and promise privacy protection and quick compensation on accidents.

UCAR Contacts

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Zhengyao Lu
Zhengyao Lu Founder, Chairman & CEO

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FAQ

What does Zhengyao Lu invest in?

Zhengyao Lu invests primarily in Coffee, Retail and Automotive startups, most often at Series A and Seed stage. Most of the 3 investments tracked by Shizune back companies in China. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What round sizes does Zhengyao Lu invest in?

Zhengyao Lu typically joins rounds of $200M–$324M at Series A. These are whole funding-round sizes, not Zhengyao Lu's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds Zhengyao Lu took part in.

How do I contact Zhengyao Lu?

Public channels for Zhengyao Lu include LinkedIn. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

When did Zhengyao Lu last invest?

The most recent investment recorded for Zhengyao Lu closed in Jun 2018. Shizune tracks 3 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Nov 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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