"New energy and carbon neutralization have become Sequoia Capital China's main investment direction." Sequoia Capital China founder Shen Nanpeng said at the 2022 Ordos Zero carbon Industry Summit on Aug. 9. In March 2021, Vision Technology Group and Red shirt China jointly established a carbon neutralization fund with a total size of 10 billion yuan-Vision Sequoia carbon Neutralization Fund, which raised 5 billion yuan in the first phase to focus on technological innovation in the dual-carbon field. At the beginning of the establishment of the fund, Shen Nanpeng said that "carbon neutralization" has changed from a composition problem for the interpretation of ideas to a mathematical problem that can be deduced and calculated, and the landing of carbon neutralization behavior has also become the direction for Red shirt China to explore.