Xingyun is a social network platform oriented towards the professionals in culture, entertainment and other related industries. The company reportedly secured 40 million yuan (around US$6.5 million) of Series A financing from Shenzhen Capital Group at a valuation of 200 million yuan. Xingyun has received 10 million yuan of angel investment from Chinese film star Huang Xiaoming, who co-founded Star VC, a venture capital company targeting at Internet startups, in July this year. Xingyun gathers industry talents in entertainment, literature, sports, IT and financial industries, connecting like-minded users and providing business opportunities around these affinities. Xingyun membership is priced at a jaw-dropping 1,980 yuan and 3,980 yuan for different service packages.