IDG China Venture Capital Fund IV Associates L.P. Long-Term Concentrated

Name: IDG China Venture Capital Fund IV Associates L.P. Q4 2025 13F Filing | 13F Explorer
Creator: IDG China Venture Capital Fund IV Associates L.P.
Published: 2026-02-13

Location: Hong Kong

CIK: 0001609021 · Show all filings

Period: Q4 2025 (← Previous) (Next →)

Filing Date: Feb 13, 2026

Total Value: $233M (100.0% shares, 0.0% debt)

Holdings (4)

PDD PDD HOLDINGS INC 84.9%

Value $198M Shares 1,749,029 Est. Cost $37.82 Unrealized —

PONY PONY AI INC 13.8%

Value $32.14M Shares 2,216,250 Est. Cost $14.35 Unrealized —

LITB LIGHTINTHEBOX HLDG CO LTD 0.9%

Value $2.014M Shares 898,969 Est. Cost $2.89 Unrealized —

BTDR BITDEER TECHNOLOGIES GROUP 0.4%

Value $1.024M Shares 91,308 Est. Cost $7.36 Unrealized +118.9%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PDD	PDD HOLDINGS INC	1,749,029	$198M	84.9%	$37.82	—	SPONSORED ADS	722304102
PONY	PONY AI INC	2,216,250	$32.14M	13.8%	$14.35	—	SPONSORED ADS	732908108
LITB	LIGHTINTHEBOX HLDG CO LTD	898,969	$2.014M	0.9%	$2.89	—	SPONSORED ADR	53225G201
BTDR	BITDEER TECHNOLOGIES GROUP	91,308	$1.024M	0.4%	$7.36	+118.9%	CL A ORD SHS	G11448100