Our grandfather was one of the first-generation mechanical engineers in New China, playing a crucial role in developing liberated automobiles and laying the industrial foundation for domestically developed truck transmissions.
In the 1970s, Mr. Qin founded the predecessor of our family business, Ronghe (RH) Coal Transport Company — privatizing and operating the transportation company before China's era of economic reform. By the 1980s, the family owned its own fleet of coal transport trucks and became a prominent symbol of reform on the Datong–Qinhuangdao coal transport line.
Entering the 21st century, daily coal trading volume reached 10,000 tons, with sales extending to Japan, South Korea, Southeast Asia, and Australia. In 2008, the company expanded into personal financial services and residential and commercial real estate development.
Our family's history is filled with the spirit of hard work and innovation. We are committed to developing our family business into a diversified, international corporate group — upholding our values, striving for excellence, and contributing to society.
This is the story of our family, as well as our steadfast commitment to upholding traditions and pursuing innovation.
Kevin Qin
Principal of RH Capital
Mr. Wanxiang Zhang stood at the forefront of a nation rebuilding itself — serving as Senior Electrical Engineer and leading the development of truck transmissions for New China's landmark Jiefang Project. His engineering laid the groundwork for a country in motion, and for a family legacy that would follow.
At just 17, Mr. Qin took his first entrepreneurial leap — building a coal transportation business from nothing more than two small trucks. That leap of faith became Ronghe (RH) Coal Transport Company, the seed from which our family's enterprise would grow.
Driven by ambition and a sharp eye for opportunity, Mr. Qin looked beyond China's borders — establishing RH's international trading division and bringing Japanese electronics and automobiles into Shanxi. It was an early bet on global connection, years ahead of its time.
As the business matured, so did its ambition. RH Company evolved into RH Group, broadening its reach across trading, coal transportation, and coal trading — a signal of a family enterprise built to grow.
The new century brought new horizons. RH Group ventured beyond coal — into personal lending, real estate development, and hotel management — proof of an enterprise unafraid to reinvent itself and pursue new frontiers.
In 2015, the third generation stepped forward to write the next chapter: RH Capital. Built on decades of entrepreneurial spirit and hard-won experience, RH Capital today specializes in venture capital, private equity, and secondary market investments — carrying the family's legacy of innovation confidently into the future.








