55 was founded in Bangkok, Thailand in 1999. In 2005, 55 opened its Shanghai space at the M50 Art District up til now. Over more than two decades, 55 has been committed to supporting emerging artists and new art forms, by providing a platform for emerging artists, new artistic attempts, and experimental projects within a progressive curatorial framework. It aims to discover and promote young artists with independent and innovative spirits, and through the implementation of challenging artistic practices, to question, reflect on, criticize, explore, and expand the boundaries of art itself.

"Yellow Ants Art Lab" is an independent project initiated by 55 in 2013. It aims to systematically present experimental focused programs and provide a practical field for artists to sort out their artistic creation trajectories. From 2013 to 2026, the artists who presented projects in the Yellow Ants Art Lab included Li Binyuan, Hu Qingtai, Bridegroom Xu, Cai Dongdong, Yesu, Zheng Jing, He Ling, Li Gang, Li Liao, Yu Ying, Gao Yuan, Wang Rui, Liu Weiwei, Su Xiangpan, Bu Yunjun, Zhang Yehong, FREEMANN, PSR, and NIT, etc.

55 participated in Art Basel in Hong Kong in 2014, 2015 and 2018; in addition to Art 021 from 2016.