IDG China Venture Capital Fund IV Associates L.P. Q4 2025 Filing

Filed February 13, 2026

Portfolio Value

$233.5M

Holdings

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (4 positions)

#	Stock	Shares	Value	% Portfolio
1	PDDPDD HOLDINGS INC	1,749,029	$198.3M	84.94%
2	PONYPONY AI INC	2,216,250	$32.1M	13.76%
3	LITBLIGHTINTHEBOX HLDG CO LTD	898,969	$2.0M	0.86%
4	BTDRBITDEER TECHNOLOGIES GROUP	91,308	$1.0M	0.44%