Group 1 - Tencent has increased its investment in Shanghai Chenluan, raising its registered capital from 461 million to 1.161 billion yuan [1] - New partners in Shanghai Chenluan include Tencent's subsidiary Guangxi Tencent Venture Capital Co., Ltd. and other investment funds [2] - Shanghai Chenluan was established in February 2022 and focuses on enterprise management and consulting services [2][3] Group 2 - Shanghai Chenluan directly controls companies such as Shanghai Zhicheng Technology Co., Ltd. and Shanghai Zhicheng Partnership [3][4] - In March of this year, Shanghai Zhicheng Partnership acquired Huacheng Network for 1.2 billion yuan, which offers smart home products under the brand "Lecheng" [5] - Huacheng Network has developed a product line that includes smart cameras and locks, with its best-selling product being the Lecheng TA3R smart camera, which sold over 40,000 units on Tmall [5] Group 3 - Liu Xiaodan, the head of Chenyi Fund, is recognized as a prominent figure in mergers and acquisitions, having established the fund in 2019 [5] - Chenyi Fund has completed over 40 investment events in various sectors, including pet healthcare, biomedicine, and semiconductors [5]