A crowd-funding website, Demohour, helps make dreams come true by helping entrepreneurs raise money, a hundred yuan at a time, Xu Jingxi reports in Guangzhou.
When He Feng was a mathematics freshman at Swarthmore College in the United States, a group of warm-hearted old people in the small town raised $1,000 for the Chinese stranger to pay for his first piano course, encouraging He’s interest in art.
Now He has taken up the torch to light up the dreams of more than 150 creative minds in China, by building a website where they can display their projects to the public and raise money from supporters.
Each creator sets the project’s funding goal, at least 1,000 yuan ($160), and a deadline of between 15 to 60 days. Fans can put money into the fund the website holds for the creator.
Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.
YTD: Jan 1, 2026 - Oct 20, 2026 vs Jan 1, 2025 - Oct 20, 2025
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Number of Filings129Prior 124 +4.0%
Target Raise, Total$3.37BPrior $3.52B -4.3%
This YTD
Year prior
Change
Filings
129
124
+4.0%
Target raise
$3.37B
$3.52B
-4.3%
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This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.
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A crowd-funding website, Demohour, helps make dreams come true by helping entrepreneurs raise money, a hundred yuan at a time, Xu Jingxi reports in Guangzhou.
