DOSSIER · 13F-HR · Q1 2026

IDG China Venture Capital Fund V Associates L.P.

$126M in tracked AUM across 1 positions as of Q1 2026.

IC
CIK 0001709671 · last filed Mar 31, 2026
Total AUM
$126M
as of Q1 2026
Holdings
1
positions
Whale Score
69
69
tracked
Activity
no data
changes this Q
AI Analysis · Q1 2026

Portfolio Overview

IDG China Venture Capital Fund V Associates L.P. presents a textbook example of a concentrated, late-stage venture capital or private equity-style portfolio. As of the reporting period ended September 30, 2025, the firm manages a total portfolio valued at approximately $157.98 million. The most striking characteristic of this portfolio is its extreme lack of diversification; the fund holds exactly one security. This single-position strategy indicates that the firm has exi...

Key Holdings

The portfolio is entirely composed of RLX Technology Inc., representing 100% of the total assets under management. The firm holds 60.07 million shares valued at $157.98 million. RLX Technology, a prominent Chinese company known for its vaping and e-cigarette products (under the RELX brand), is the sole focus of this fund's public market exposure.

Quarter at a glance — Q1 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q1 2026.

#HoldingValueSharesWeight
01
RLX
RLX TECHNOLOGY INC
$126M57.1M100.0%

Filing history

2026Q1Mar 31
$126M 9.1%
1 positionsView →
2025Q4Dec 31
$138M 12.5%
1 positionsView →
2025Q3Sep 30
$158M 19.0%
1 positionsView →
2025Q2Jun 30
$133M 17.6%
1 positionsLocked
2025Q1Mar 31
$113M 13.0%
1 positionsLocked
2024Q4Dec 31
$130M 19.3%
1 positionsLocked
2024Q3Sep 30
$109M 1.6%
1 positionsLocked
2024Q2Jun 30
$111M 4.2%
1 positionsLocked
2024Q1Mar 31
$115M 4.0%
1 positionsLocked
2023Q4Dec 31
$120M 32.5%
1 positionsLocked
2023Q3Sep 30
$91M 14.7%
1 positionsLocked
2023Q2Jun 30
$106M 39.0%
1 positionsLocked
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