Chief Executive Officer
Mr. Peng Yu is an accomplished executive with over 18 years of cross-sector leadership experience spanning BTC mining, energy, M&A and asset management. He brings a proven track record of driving value creation within the BTC mining ecosystem through strategic M&A acumen and operational excellence. Before entering the Bitcoin mining industry, Mr. Yu has served as the managing director of ABC International Investment Management Limited since September 2018. Prior to that, Mr. Yu served as the CEO of Zhongrong Huijin Asset Management Limited from February 2017 to September 2018. From December 2015 to February 2017, Mr. Yu served as the senior vice president at ORIX Asia Capital Limited. Mr. Yu was the board member and investment committee member of a private equity fund under China Construction Bank International Asset Management Limited from 2010 to 2015. Mr. Yu commenced his career in investment banking and property development.
Chief Financial Officer
Yongyi Zhang was the chief financial officer and director of Cango Inc. from 2018 to 2025. Prior to joining Cango, Mr. Zhang served as an executive director of Zhongde Securities Co., Ltd. from 2010 to 2018. From 2001 to 2010, Mr. Zhang served as a senior manager of China Galaxy Securities Co., Ltd. From 1997 to 2001, Mr. Zhang served as a deputy manager of Shanghai Stock Exchange. From 1995 to 1997, Mr. Zhang served as an auditor of Arthur Anderson (Shanghai Office). Mr. Zhang received a bachelor’s degree in international accounting from Shanghai University of Finance and Economics in 1995. Mr. Zhang took executive development courses at Harvard Business School in 2019, thereby attaining alumni status.
Chief Investment Officer
Simon is an experienced corporate finance professional. Prior to working on the Cango transaction which transitioned Cango into the bitcoin mining space, Simon was CFO of two new economy companies in the Internet and new energy vehicles space in China. Previously, Simon was a part of the APAC TMT investment banking team at Credit Suisse from 2010 to 2021 and an English law and Hong Kong law qualified corporate lawyer at Linklaters from 2006 to 2010. Simon graduated with a Bachelor of Arts in jurisprudence from the University of Oxford.
