USD Fund I portfolio company Impulse (Qingdao) Health Tech Co., Ltd.  (SZSE: 002899) has went public on Shenzhen Stock Exchange SME Board on Sep 15th, 2017.  

Impulse is a large Chinese fitness equipment manufacturer which has successfully penetrated into global markets with solid reputation of high quality products since 2004. Given the great prospects ahead in Chinese sports industry and trust in Impulse, Greenwoods now is holding 9.96% pre-IPO equity stake in the company and looking forward to the company’s steady growth. 

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