Lakeshore Acquisition I Corp. is a new blank check company organized by the executives of Shanghai Renaissance Investment Management, a private equity firm in China. (Incorporated in the Cayman Islands in 2021) 

We will seek to capitalize on the significant contacts and experience of our management team, including Bill Chen, our Chairman and CEO, who is the CEO of Shanghai Renaissance Investment Management;  Laura Li, our CFO and director, who is also the CFO of Shanghai Renaissance Investment Management, and H. David Sherman, Jinzhong Lu and Yan Zhu, each a member of our board of directors.  

We believe our management team is well positioned to identify attractive risk-adjusted returns in the marketplace and that their professional contacts and transaction sources, ranging from industry executives, private owners, private equity funds, family offices, commercial and investment bankers, lawyers and other financial sector service providers and participants, in addition to the geographical reach of their affiliates, will enable us to pursue a broad range of opportunities. Our management believes that its collective ability to identify and implement value creation initiatives has been an essential driver of past performance and will remain central to its differentiated acquisition strategy. Upon the closing of this offering, members of our management team will communicate with these networks of relationships to articulate the parameters for our search for a target business and a potential business combination and begin the process of pursuing and reviewing promising leads.

(Note: Lakeshore Acquisition I Corp. priced its SPAC IPO on June 10, 2021, in line with the terms in its prospectus: 5 million units at $10 each to raise $50 million.)