Seventeenth issue Kechuang board
            Kechuang board turned out to be the world's 50 venture capital concept stock which is the most gold?

The first China International Import Expo opened in Shanghai. President Xi Jinping attended the opening ceremony and delivered a keynote speech. He mentioned that the Shanghai Stock Exchange will set up a science and technology board and pilot registration system to support the construction of Shanghai International Financial Center and Science and Technology Innovation Center. Continuously improve the basic system of the capital market. Affected by the news, A-shares in many sectors performed well, especially in the venture capital sector.

                    What is a science and technology board?

Known as the “Four New Boards”, Science and Technology Board is a section dedicated to technology-based and innovative small and medium-sized enterprises. It is one of the products of Shanghai's construction of multi-level capital markets and support for innovative technology-based enterprises.

Technology-based enterprises include state-level high-tech enterprises, provincial-level high-tech enterprises, small giant enterprises, or technology-based enterprises that have been certified by the government.

Innovative enterprises include three types of “hands-on industries” established in the concept of four new economies (new technologies, new industries, new formats, new models) developed by Shanghai:

First, there are 20 key directions from manufacturing to intellectual creation, such as new display, robot, and remanufacturing;

Second, it is the advanced direction of the integration of 14 manufacturing services such as network audio-visual, big data and cloud platforms;

Third, it is 9 new service formats such as Internet finance and credit services.

                    Kechuang board features

  First, it is possible that the company can implement the share issuance registration system before the main board market.Chen Wei, director of the Innovation Business Department of Shanghai Stock Exchange Center, said that the company will establish a listing review mechanism centered on information disclosure with reference to the relevant requirements for the implementation of the stock issuance registration system. The listed companies and intermediaries guarantee the truthfulness, accuracy and completeness of information disclosure. The focus of information disclosure review is on the completeness, consistency and comprehensibility of the disclosed information.

  Second, it is the lower threshold for individual investors.Compared with the investment threshold of 5 million yuan for the new three boards, the science and technology board is only one tenth of it. Chen Wei said that the company has established a system of qualified investors, mainly including institutional investors and individual investors. Among them, the requirement for individual investors is that there are more than 500,000 yuan in financial assets. Bank deposits including individual investors, investment stocks, and wealth management products add up to more than 500,000 yuan. Chen Wei said that according to the practice test of the market in recent years, the investment threshold of 500,000 is more suitable for the realistic requirements of the Shanghai Stock Exchange Center. At the same time, in order to protect the interests of investors, the board will have a 50% ups and downs limit.

  Third, what types of companies can be listed on the science and technology board?Like the New Third Board, Kechuang Board belongs to the specialized market that mainly serves small and medium-sized enterprises. However, unlike the New Third Board, Science and Technology Board will focus on the growth potential, but also meet the relevant normative and technological types and innovations. Type of characteristics of SMEs.

Science and Technology Board clearly supports small and medium-sized technology enterprises and innovative enterprises. Concepts such as robotics, big data, and P2P finance will be popular. Some media reports said that the company is expected to first come to the Zhangjiang Hi-Tech Park, and the number of enterprises in the reserve is about 50.

  Fourth, what is the difference between the positioning of the Science and Technology Board, the New Third Board and the “Strategic Emerging Board”?Kechuang board, the new three board, and strategic emerging board have a common feature, that is, there is no hard requirement for the profit of the enterprise. However, the company is targeting companies that have not yet entered maturity but have growth potential (between Angel Wheel and Series A financing). The strategic emerging board is aimed at enterprises that have entered a high-speed growth stage and have a certain scale across the entrepreneurial stage (like Cheng). The new three-board enterprise is between the four new boards and the strategic emerging board.

                    Ten analysts interpret the establishment of the board

  Dong Dengxin: Setting up a pilot registration system for science and technology will boost the internationalization process of the Shanghai Stock Exchange

Dong Dengxin, a professor at Wuhan University of Science and Technology, said that the Shanghai Stock Exchange set up a science and technology board and pilot registration system. This is a major breakthrough in the market-oriented reform of the A-share IPO system. It will greatly promote the internationalization of the Shanghai Stock Exchange and play a role in the construction of the Shanghai International Financial Center. A key important role.

For example, Zhu Zhenxin, a financial research institute: Is the science board a real Chinese version of Nasdaq?

For the macro economy: good. Expand direct financing, stimulate technological innovation, and benefit the real economy. The market value of the GEM is four trillion yuan in nine years, and the conditions of the science and technology board are more relaxed. This is a good thing for the real economy facing the cold winter of capital.

For the new three board: big profit. The Chinese version of Nasdaq does not have to fight. The winter of the New Third Board may not be over. However, the quality of the new three board company has a transfer channel, it is also a good thing.

  Fu Lichun: It is necessary to set up the board to make up for the defects of the board and the three boards.

The establishment of the science and technology board is very necessary. For China's dual-creation, technology, and new economic enterprises, the choice of capital market has increased China's domestic direction. In the past, these companies have chosen more overseas capital markets such as Nasdaq or the Hong Kong Stock Exchange. There is no such sector in the existing system of the Chinese capital market, and it is fully adapted to it. In addition, some overseas Chinese stock companies, if they want to return to China's capital market, do not have a full response. In order to better serve the real economy and adapt to the development of a special new economy of the real economy, it is necessary to set up a corresponding section.

  Yang Delong: On the Shenzhen GEM, the establishment of the Science and Technology Board of the Shanghai Stock Exchange has been prepared for several years.

For the Shanghai Stock Exchange to set up a science and technology board and pilot registration system, support the construction of Shanghai International Financial Center and Science and Technology Innovation Center, and constantly improve the capital market infrastructure. Yang Delong, managing director and chief economist of Qianhai Open Source Fund, said that the Shanghai Stock Exchange has set up a science and technology board and pilot registration system. One is to support the development of this emerging industry. The idea of ​​setting up a science and technology board in Shanghai has already been prepared. In the year, it mainly focused on the GEM of Shenzhen, and supported the listing of some technologically innovative enterprises. The pilot registration system is to make the rhythm and price of new shares more market-oriented and adapt to the needs of economic development. Of course, the pilot registration system does not mean a large amount of expansion. It is recommended that the exchange control the pace of new share issuance according to the market conditions to prevent adverse effects on the market.

  Li Dazhao: The launch of the science and technology board is of great significance to the construction of multi-level capital markets

The Shanghai Stock Exchange set up a science and technology board and a pilot registration system to support the construction of the Shanghai International Financial Center and the Science and Technology Innovation Center, and continuously improve the capital market infrastructure. In this regard, Yingda Securities chief economist Li Dazhao said that the SSE Science and Technology Board has been planning for a long time, is an important part of the multi-level capital market, improving the rational arrangement of the capital market structure, is also a powerful measure to support the dual innovation, support innovation The important channel for entrepreneurial employment is also an important exit channel for VC and PE. The pilot registration system is a reasonable pricing basis, which makes the investors in the secondary market take over the price without excessive deviation. The basic system of improving the capital market is very beneficial to protect the interests of investors. important. This is a major event that is of great significance to China's multi-level capital market construction and has far-reaching implications. The values ​​will be further promoted.

  Li Jinfeng, Guojin Securities: The end of the hype value of “junk stocks and shell companies”

The design of the Shanghai Stock Exchange will create a board and pilot registration system, which means that the follow-up value of the “junk stocks and shell companies” will be more effective. The capital market will be more effective. The company will survive the fittest and contribute to value investment. In the Shanghai Stock Exchange, it will help Shanghai to create a “National Science and Technology Innovation Center”.

  Zhong Jian Capital Sun Jianbo: Science and Technology Board is conducive to creating enterprises directly docking capital market

The establishment of the science and technology board and the pilot registration system is conducive to the innovation of entrepreneurial enterprises directly docking the capital market, improving the capital environment of science and technology innovation enterprises, and realizing the support of the multi-level capital market to the real economy.

China's multi-level capital market construction is not much. Before the GEM and the New Third Board, how to give full play to the role of the science and technology board in the multi-level capital market, and promote the scientific and technological innovation enterprises to truly realize their capital strategy, so that the science and technology board is worthy of the name and need more specific and pragmatic policy support. In particular, the relationship between the science and technology board and the new three board needs special attention, and it is necessary to handle the relationship between different levels of capital markets.

  Zhu Junchun, chief strategist of Lianxun Securities: There are three major significances in the establishment of Kechuang Board

In the new wave of scientific and technological revolution and industrial transformation, this move demonstrates the government's determination to accelerate economic transformation and structural adjustment, and is conducive to the development of the new economy and the cultivation of new industries. For the capital market, it will help accelerate the formation of the new economic industry leader, but it will also accelerate the process of survival of the fittest, or in the future, see the domestic capital market emerging like the current BAT listed in the overseas capital market technology giant. It will also see more concept hype company valuations returning downwards, thus forming a new atmosphere of capital markets with ups and downs.

  Well-known financial commentator Pi Haizhou: Pilot registration system must also keep up with the law

Although the registration system is a “pilot registration system”, it also needs to solve the problem of landing.

In the case that the Shanghai Stock Exchange is currently issuing small-cap stocks, the landing of the science and technology board is not difficult. In the final analysis, it is still in the issuance of new shares, and more for financing. Therefore, in the case of the establishment of the science and technology board, it is just a matter of putting some listed science and technology enterprises on the science and technology board.

Now, since the Shanghai Stock Exchange is set up to establish a scientific registration system for the science and technology board. It is necessary to speed up the process of practicing the law. Including the amendments to the Securities Law, not only must registration be made into a legal provision, but more importantly, it must be severely punished for fraudulent practices, fraudulent issuance, and the protection of the legitimate rights and interests of investors, and the effective resolution of fraudulent issuers and other major issues. The problem of compensation for the loss of investors by illegal companies. Only by solving these problems can the pilot registration system be mentioned in the agenda. Furthermore, the pilot registration system must be accompanied by severe punishment. For this reason, it is extremely urgent that the Securities Law will be revised and improved as soon as possible.

  Zhong Xing Securities Li Xunlei: The pilot registration system through the science and technology board is the best choice

Li Xunlei said that the way to register the registration system through the science and technology board is more stable than the implementation of the main board for the secondary market, and it also provides market capacity for the current huge amount of PE exit. He pointed out that the implementation of the registration system now is in line with the commitment to further reform and opening up. In addition, the current valuation center of the market is at a historical low, and the impact of the registration system on the market is relatively small. In short, the registration system will be pushed sooner or later, and it is better to come early. The overall impact on the current A-share market is limited, but it will still have an impact on small and medium-sized enterprises.

For the science and technology board, Li Xunlei believes that it will replace the previous strategic emerging board. He also reminded investors that after the launch of the registration system in the future, the stock supply will increase significantly. Investors should pay more attention to the performance quality of listed companies and the expectation of future earnings, rather than speculation, be more rational about the market, and pay more attention to valuation and future development space.

                Venture capital concept stocks
Demei Chemical 002054:In March 2013, the company invested 30 million yuan to set up a wholly-owned subsidiary, Deyun Venture Capital, which is mainly engaged in the technology development of high-tech products, engaged in risk, high-tech industry investment, direct investment or participation in the construction of business incubators, entrusted management and operation. Other venture capital firms' venture capital, investment advisory services, corporate management consulting services, and other businesses permitted by laws and regulations. The purpose of establishing Deyun Venture Capital is to make full use of the company's existing technical resources and technology network, and to establish a technology platform to focus on a group of start-up high-tech enterprises based on new materials, and find the company's expansion and breakthrough in the fine chemical industry. New development projects and directions.

Huajin Capital 000532:The company's main business includes investment and asset management.

Entrepreneurship Dark Horse 300688:Mainly engaged in entrepreneurial services, including providing entrepreneurial enterprises with training in entrepreneurship counseling, public relations services represented by entrepreneurial events, membership services, entrepreneurial information, etc.

Lu Xin Venture Capital 600783:Announced on May 18, 2018, the company intends to act as the main sponsor and jointly establish the Shandong Luxin Venture Capital New and Old Kinetic Energy Conversion Fund (Limited Partnership) with the related party Shandong Guoxin. The total size of the venture capital fund is 1 billion yuan, of which the company as a limited partner subscribes for a maximum of no more than 470 million yuan. By the end of 2017, the company had participated in 9 venture capital enterprises in Shandong Province.

Jiuding Investment 600053:The first pure PE organization, mainly engaged in customer asset management and free capital investment business.

Zhangjiang Hi-Tech 600895:Ge Peijian, vice chairman and general manager of Zhangjiang Hi-Tech, said on March 3, 2015 that the first batch of listed companies of science and technology innovation board will first choose among the high-tech industrial enterprises in the Zhangjiang Hi-Tech Park, which is the 22nd park of Dajiangjiang District. Earlier, there were also reports that the first batch of 50 companies would be listed. At the same time, the Shanghai Equity Exchange Trustee Center has proposed to Zhangjiang Hi-Tech to add a floor office space to meet the needs of the "four new boards" listing. Zhangjiang Hi-Tech owns 23.25% of the Shanghai Equity Custody Trading Center and is the vice chairman unit of the latter.

Qianjiang Water Conservancy 600283:The company participated in Zhejiang Paradise Silicon Valley Equity Investment Management Group Co., Ltd., accounting for 27.9%. By the end of 2011, 62 funds have been set up, with an actual capital of nearly 5.3 billion yuan, a total of 102 investment and asset management projects (including 38 listed companies), and the assets under management are nearly 10 billion yuan. In 2013, Paradise Silicon Valley realized a net profit of 11.337 million yuan, and in 2012 realized a net profit of 57.703 million yuan.

Public utility 600635:In 2017, the company entered the Shanghai Huasheng Equity Investment Fund Partnership (Limited Partnership) by means of transfer of the subscribed capital contribution and new currency contribution. The fund's foreign investment projects focus on Shanghai local state-owned assets and state-owned enterprises, Internet technology, etc. In the field, the investment work of Shanda Games has been completed. The company holds 13.93% of Shenzhen Innovation Investment Group (registered capital of 1.6 billion yuan), which is the largest domestic venture capital institution with the largest capital investment capacity.

Zijiang Enterprise 600210:The company has been involved in venture capital for many years. It has invested in Shanghai Zijiang Venture Capital Co., Ltd. and Shanghai Zichen Investment Co., Ltd., which is 20% of the shares. The investment project has brought great returns to the company after its listing.

Dianguang Media 000917:The company's Dachen Venture Capital is China's first venture capital institution established according to market-oriented operation. It has now become one of the most influential venture capital institutions in China and has been ranked among the best for many years.

Minfeng Special Paper 600235:The company announced on the evening of November 26, 2015 that the company intends to participate in the shareholding company Zhejiang Paradise Silicon Valley Asset Management Group Co., Ltd. to increase capital and share the shares, and will subscribe for the newly added share capital of 5% of the current shareholding in Paradise Silicon Valley, with an estimated capital of 51.1 million yuan. . According to the announcement, Paradise Silicon Valley has brought about a shortage of liquidity due to the rapid development of various businesses. In order to alleviate the financial pressure brought by the expansion of the existing business scale, it plans to increase 200 million shares in 2015, the price per share is 5.11 yuan. The total increase of funds is 1.022 billion yuan, which is used to expand the fund scale and project direct investment.

Nanjing High Tech 600064:Launched Nanjing Gaoke Xinchuang Investment Co., Ltd. with a registered capital of 500 million yuan; holding a 19% stake in Nanjing Saishi Technology Venture Capital Co., Ltd.

Qianjiang Motorcycle 000913:Zhejiang Manbo Investment Co., Ltd., a wholly-owned subsidiary of the company, has a registered capital of 220 million yuan, and its main investment management, investment consulting, etc.; its capital contribution of 43.2 million yuan to participate in Zhejiang Kanglongda Glove Company (the registered capital of the capital increase of 10.2 million US dollars, accounting for 6 %). Zhejiang Fulian Venture Capital, a wholly-owned subsidiary, has a registered capital of 120 million yuan. The company invested 30 million yuan to participate in Zhejiang Adia Nutrition Technology (accounting for 23% of the registered capital after the shareholding); it invested 35.45 million yuan to invest in Zhejiang Jiaao Environmental Protection Co., Ltd. Registered capital of 55 million yuan, accounting for 6.82%).

Zhongguancun 000931:Disclosed on April 9, 2009, the Zhongguancun Board of Directors decided to legally accept a 17.5% stake in Beijing Zhongguancun Youth Technology Venture Capital Co., Ltd. held by Beijing Zhuji Zhenghua Development and Construction Group Co., Ltd., and the transfer price was assessed at a price of 14.9591 million yuan. According to the agreement, the price was determined to be 14 million yuan. After the completion of the transfer, Zhongguancun will jointly hold 88.75% of the shares of Zhongguancun Qingchuang, and the resident Zhengzheng will no longer hold Zhongguancun Qingchuang equity.

Shanghai Sanmao 600689:Jiayu Venture Capital Co., Ltd. is a wholly-owned subsidiary of the company.

Fengzhu Textile 600493:The company participates in Shanghai Xingyu Venture Capital Co., Ltd.

Variety shares 600770:According to the 2012 Interim Report, the company holds 53.85% of Jiangsu High-tech Industrial Investment Co., Ltd. (investment in industrial investment with a registered capital of 100 million yuan), and its equity investment: investment in Hongbaoli 1.91 million yuan, the book value at the end of the period is 32.13 million yuan; Invested in Yanghe shares of 1.79 million yuan, the book value at the end of the period was 1.512 billion yuan. In addition, the company also invested 10 million yuan, holding a 1% stake in Nantong Rural Commercial Bank. Jiangsu High-tech Industrial Investment Company realized a net profit of 54.451 million yuan in 2013. In September 2013, the controlling subsidiary Jiangsu Gaotou (accounting for 53.85%) subscribed for the initial public offering of China Huishan Dairy Holdings Co., Ltd. for US$29.5 million, and the shares were sold indefinitely. Huishan Dairy will be listed on the Main Board of The Stock Exchange of Hong Kong Limited on September 27, 2013.

Hemei Group 002356:The company announced on the evening of December 10, 2015 that the company plans to invest in the establishment of a wholly-owned subsidiary Shenzhen Haomei Asset Management Co., Ltd. The registered capital is proposed to be 500 million yuan. The company wholly-owned to establish Haomei Assets, aiming to use the special legal status and specialization advantages granted by the market mechanism to provide enterprises with investment and financing, leasing platforms, attract investment, realize economies of scale, and make effective use of idle assets. On the one hand, the establishment of Haomei Assets can reduce the operating costs of the company. On the other hand, it can use the favorable situation of synergy between the market and the company to develop the financial service market in a short time and achieve the benefits with half the effort.

Han Ding Yuyou 300300:At present, there are more than 50 listed companies investing in holding companies, which are in line with the types of "unicorns" and "new economy", such as Aurora Push and Jingdong Finance. Among them, Aurora Push is the first product in China to provide professional and efficient message push services for mobile application developers. As of 2017, Aurora has pushed more than 600,000 mobile applications, covering more than 10 billion mobile terminals, 750 million monthly active devices, and more than 3 billion daily pushes.

*ST Bao Qian 600074:The company announced on the evening of October 15, 2015 that the company intends to subscribe for 20 million yuan of new registered capital of Shen Guorong Crowdfunding with its own capital of 20 million yuan. According to the company, the capital increase target is Shenzhen Shenguorong Crowdfunding Trading Co., Ltd., which was established in June 2015. The scope of business and financial business types include equity crowdfunding; providing private equity financing services (fingers use non-public financing) ); research and development, portfolio design, consulting services for financial products; economic information consultation; market research and data analysis services; financial application software development; business activities on the Internet; equity investment; investment management; investment consulting (legal, administrative regulations) Except for items that the State Council has decided to ban, restricted projects must be licensed before they can be operated; business planning; business information consultation; and knowledge training in the financial industry.

Gao Hong shares 000851:In April 2014, the shareholders' meeting agreed to acquire a 63.63% stake in Datang Investment. In March 2014, the company acquired 9.09% equity of Datang Investment Management (Beijing) Co., Ltd. for 2 million yuan, and increased capital of Datang Investment by 33 million yuan, of which 30 million yuan Calculated into the paid-in capital, 3 million yuan is included in the capital reserve, the company invested a total of 35 million yuan, holding 63.63% of its shares. As of December 31, 2013, Datang Investment's total assets were RMB 2,266.71 million, accounts receivable was RMB 5,582,200, net assets were RMB 25,325,500, and net profit for 2013 was RMB 782,400.

Moso Power Supply 002660:Maoshuo Power Co., Ltd. announced on the evening of December 3, 2014 that the company and Luzheng Venture Capital jointly initiated the establishment of Luzheng Maoshuo Industry Development Partnership (Limited Partnership) (referred to as “Luzheng Maoshuo”) as a platform for the company's industrial mergers and acquisitions integration. At the same time, Luzheng Ventures and the company's shareholding company Maoshuo Investment jointly initiated the establishment of Lumao Investment, responsible for the specific investment management business of Luzheng Maoshuo. The company plans to register a capital of 3.5 million yuan, invested 1.78 million yuan by Luzhen Venture Capital, accounting for 51% of Lumao's investment, Maoshuo Investment invested 1.715 million yuan, accounting for 49% of Lumao Investment.

Shanshan shares 600884:Shanshan Venture Capital mainly invests in projects related to the company's new energy business, mainly targeting upstream and downstream industrial investment based on the company's lithium battery materials business, as well as venture capital investment in new energy new technology fields to meet the company's lithium battery materials. Industry-based integration of new energy businesses, incubation of new technologies, and industry extension and expansion needs.

Zhongyuan Expressway 600020:The company's wholly-owned Bingyuan Investment focuses on real estate funds, modern agriculture, energy conservation and environmental protection, cultural media and other investment fields. Its business spans fund management, personal finance, asset management, direct investment and other fields. The second phase of the equity fund initiated investment "I miss you jujube", "Dalian Yi Shida", "Yantai Wanrun", "Wenzhou Hongfeng", "Space Board", "Zhimei Media" have been in domestic A shares and The Hong Kong main board market was successfully listed.

Zhejiang Yongqiang 002489:The company announced on the evening of December 1, 2015 that the subsidiary Yongqiang International Trade Co., Ltd. plans to invest 200 million yuan to set up a venture capital fund. The investment direction of the fund shall be in line with the high-tech fields supported by the state or the enterprises with scientific and technological achievements in the national scientific and technological achievements transformation project library. The company said that through this investment, the company will make full use of the fund platform, relying on the professional strength and resource advantages of professional institutions to strengthen the company's investment capabilities, enhance the company's competitiveness, seize the market opportunities of M&A development, and reserve the company's future development. More M&A targets will further enhance the company's development capabilities and core competitiveness. It also helps the company to share the return of the fast-growing capital market.

High-tech development 000628:The company invested 5 million yuan to hold a 5% stake in Chengdu Xinxing Venture Capital Co., Ltd. The company's main business is project investment, equity investment, investment management and consulting business (excluding securities investment consulting).

Nanfang Stock 600250:Jiangsu Hongrui Technology Venture Capital Co., Ltd. (the company accounts for 7.2%). As of the end of 2013, the book balance was 496,900 yuan.

Fuxin Media 601801:On July 2, 2015, Fuxin Media announced that it will increase the investment fund of 500 million yuan and plan for expansion.

盈方微 000670:Announced on March 12, 2015, the company and the Ningbo Hangzhou Bay New District Softbank Tianyue Venture Capital Management Partnership (Limited Partnership) signed the “Softbank Infront Micro Venture Capital Partnership (Limited Partnership) Limited Partnership Agreement” to jointly establish Softbank Yingying Fangwei Venture Capital Partnership (Limited Partnership) has a registered capital of 303 million yuan. The company is a limited partner with a capital contribution of 300 million yuan and a capital contribution ratio of 99.01%. According to the agreement of the two parties, the company will invest 30 million yuan for the first time. According to the agreement between the two parties during the year, the investment will be made in installments with their own funds according to the progress of the investment project. Ningbo Hangzhou Bay New District Softbank Tianyue Venture Capital Management Partnership (Limited Partnership) is a general partner with a capital contribution of 3 million yuan and a capital contribution ratio of 0.99%. It is an executive partner.

Yunnei Power 000903:Shenzhen Gaotejia Investment Group with an initial investment of 50 million yuan (registered capital of 236 million yuan, the company accounted for 21.19%, which is the largest shareholder). It relies on Guotai Junan Securities Co., Ltd., which is jointly owned by well-known domestic listed companies. Initiated the establishment, mainly engaged in investment in high-tech enterprises, the establishment of various types of technology venture capital funds and other asset management business companies. In July 2011, the application for the initial public offering of Jiangxi Boya Bio, a subsidiary of Gao Tejia Holdings, was approved. Gao Tejia directly and indirectly holds 350.752 million shares of Boya Bio, accounting for 61.70% of the total number of shares before the issuance.

*ST Datang 600198:Under the background of mass entrepreneurship and innovation, entrepreneurship has become a “new normal”. Governments at all levels have introduced a series of policies in various approval processes and taxation in order to lower the threshold for entrepreneurship. Through the technological innovation, Datang Telecom has reduced the cost of entrepreneurship for entrepreneurs from the perspective of product development. Datang Cloud Platform is willing to become the stage for entrepreneurs to realize their entrepreneurial dreams.

St. Jitang 600227:The company invested 40 million yuan to participate in the establishment of Shenzhen Gao Tejia Venture Capital Company (accounting for 16.95%), direct investment and participation in the construction of business incubators.

Hebei Xuangong 000923:It invested 15 million yuan to participate in Shenzhen Gaotejia Venture Capital Co., Ltd. (accounting for 6.356%). Shenzhen Gao Tejia was established in 2001 with a registered capital of 236 million yuan. It is one of the earliest professional venture capital institutions established in China. Gao Tejia Investment has grown into a cross-regional investment group covering private equity investments, strategic investments and asset management businesses. Gao Tejia has completed investment projects including: ZTE, Mindray Medical, Sichuan University Zhisheng, Guangzhou Monterey, Hawthorn Medical, Jingda Bio and other well-known enterprises. In particular, successful investments in the health care sector have highlighted Gao Tejia's philosophy of adhering to industry investment. The continuous accumulation of industry resources has established the superior position of Gao Tejia equity investment business in the future. (In March 2011, the company plans to sell the 15 million shares of Gao Tejia held by the company, and the 2012 annual report did not disclose the progress). Gao Tejia's net profit for the first half of 2013 was 5.784 million yuan.

Red Beans Share 600400:In June 2018, it plans to invest 102 million shares in Wuxi Hongtu Silk Road Venture Capital, holding 34%.

Shenzhen Energy 000027:The company agreed to acquire 2.3338% equity of Shenzhen Innovation Investment Group Co., Ltd. held by Xintong Industrial Development (Shenzhen) Co., Ltd., and the purchase price is RMB 200 million.

Beijing Urban Construction 600266:Shenzhen Zhongke Investment Venture Capital Co., Ltd. (30% of the company) is the first professional venture capital (fund) management approved by the government to be entrusted to manage venture capital and operate in accordance with the fund management company model. The company currently manages dozens of venture capital funds, mainly investing in high-growth unlisted companies. As of the end of 2013, the net assets were 1.134 billion yuan; the net profit in 2013 was 259 million yuan.

Yuexiu Jinkong 000987:The company's financial business holdings Guangzhou Securities, Yuexiu Leasing, Yuexiu Industry Fund, Guangzhou Guarantee, Yuexiu Jinke and many other financial business platforms, led the establishment of Guangzhou assets, shares in Yuexiu small loans, and indirectly controlled Guangzhou Futures and Guangzheng through Guangzhou Securities Investment, Guangzheng Lingxiu, Guangzheng Hangsheng and other business platforms have basically formed a comprehensive financial holding development pattern.

Giant Wheel Intelligence 002031:On December 8, 2014, Giant Wheels signed a financial advisory agreement with Silicon Valley Paradise. Silicon Valley Paradise was hired as a domestic and overseas acquisition and merger financial advisor. The company pays a financial advisory fee of 1 million yuan per year to Silicon Valley Paradise.

Beyond Technology 002649:Light Media and Beyondsoft announced on the evening of December 8, 2014 that they intend to establish a venture capital fund Huaxing Light with Shanghai Huasheng Venture Capital Management Center (Limited Partnership) and other investors, with a tentative scale of RMB 1 billion. Among them, Light Media invested 200 million yuan, and Beyondsoft invested 30 million yuan, all of which are limited partners.

Three-dimensional communication 002115:Announced on the evening of June 27, 2016, Zhejiang 3D Wireless Technology Co., Ltd., a wholly-owned subsidiary of the company, participated in the investment and establishment of Hangzhou Xichuang Equity Investment Partnership (Limited Partnership) and the general partner of Hangzhou Xichuang, Hangzhou Chuangchaohui Investment Management 4% equity of the company. Three-dimensional wireless intends to use its own funds of 10 million yuan to participate in the investment of Hangzhou Xichuang, with a capital contribution ratio of 9.9%, and the investment method is a limited partner. After signing the partnership agreement, 3D Wireless intends to use its own funds of 40,000 yuan to transfer a 4% stake in Chuangchao, which is held by natural person Liu Bo. The company said that the company's participation in the investment in Hangzhou Xichuang and the acquisition of 4% equity of Chuangchaohui will help to leverage the professional advantages of investment institutions to strengthen the company's investment capabilities and reserve high-quality investment targets for the company.

Xunyou Technology 300467:The company announced on the evening of November 20, 2015 that the company and Shanghai Rongyi Venture Capital Management Co., Ltd., Zheng Weiguang, Gui Shaobo, Qiu Yi, Shanghai Jinshan Technology Investment Co., Ltd. signed the "Shanghai Qingcheng Investment Center" on November 19, 2015. (Limited Partnership) Partnership Agreement, it is planned to jointly invest RMB 50,000 in Shanghai Yingcheng Investment Center (Limited Partnership) to engage in equity investment business, among which Xunyou Technology has subscribed for RMB 100 million in capital contribution. The company announced on the evening of June 16, 2015 that the company plans to add 30 million yuan to the hammer technology. After the investment is completed, it will hold a 1.13% stake in Hammer Technology.

Nanjing Iron and Steel Co., Ltd. 600282:The company participates in Shanghai Fosun Chuangfu Equity Investment Fund Partnership (Limited Partnership). The company subscribed for a total of 1.525 billion yuan, of which the company invested 200 million yuan (13.11%). The company participates in Shanghai Fosun Chuangyi Equity Investment Fund Partnership (Limited Partnership). The company has subscribed for a total investment of 1.505 billion yuan, of which the company invested 100 million yuan (6.64%).

Neusoft carrier 300183:In January 2015, Neusoft Carrier announced the asset acquisition plan, and it plans to acquire the entire equity of Shanghai Haier by a combination of non-public offering of shares and payment of cash. After the transaction is completed, Neusoft Carrier will hold 100% equity of Shanghai Haier, and Haier Venture Capital will become a shareholder of the listed company.

Three six five network 300295:The company plans to invest RMB 10 million in its own capital in Xuzhou Yunlong District to establish a wholly-owned subsidiary Xuzhou Sanliuwu Venture Capital Co., Ltd.

Huaan Securities 600909:Announcement on the evening of November 9, 2017, Huafu Jiaye Investment Management Co., Ltd., a wholly-owned subsidiary of the company, plans to invest no more than 700 million yuan with Guoyuan Innovation Investment Co., Ltd., Anhui Huawen Venture Capital Management Co., Ltd., Times Publishing (600551) 9 companies including Media Co., Ltd., Anhui Jiaokong Capital Investment Management Co., Ltd. and Anhui Salt Industry Corporation jointly established Anhui Anhua Innovation Venture Capital Co., Ltd., and the registered capital of Anhua Venture Capital Fund is set at 3.5 billion yuan. Renminbi, the scope of business is equity investment, creditor's rights or other investments; investment advisory, investment management, investment consulting, etc.

Shougang Group 000959:Shougang Fund's new energy auto fund has recently adopted investment decisions for cars and homes. This is also the second time that Shougang Fund has invested in smart travel after the new vehicles of Beiqi and the used cars. In the future, Shougang Fund will continue to focus on and invest in outstanding enterprises in the industry, relying on Shougang Group and upstream and downstream resources within the system.

Kunlun Wanwei 300418:On December 1, 2017, the reporter learned from Kunlun Wanwei that on December 1st, Comics Watch announced the completion of the 174 million USD D round of financing, led by Coatue Management, Chinese cultural industry investment fund, Qihe Capital, etc. It is known as the largest financing case in the Chinese comic industry. It is reported that Kunlun Wanwei took the lead in the layout at the end of 2015, investing 17.59 million to get a 5% stake in the comic book. In addition to watching comics, Kunlun Wanwei also invested in the live broadcast platform Yingke, net red e-commerce such as Han, actively deployed the network head content economic field.

*ST Xinyi 600145:The company invested 10 million yuan to establish Chongqing Siwei Venture Capital Co., Ltd. (100%), which is engaged in investment business and related asset management.

Gold ham 002515:The company's health industry asset management segment is mainly based on China Minsheng Capital's M&A funds, venture capital funds and financial advisory business (FA business). As of the end of 2017, Zhongyu Capital has established and operated a total of 26 funds, including 9 M&A funds and 17 venture capital funds (including asset management plans).

Giant Network 002558:The company intends to use its own funds to invest RMB 300 million to subscribe for part of the fund share of Shanghai Yunfeng Yutai Investment Center (Limited Partnership). Yunfeng Yutai is the fourth RMB private equity fund managed by Yunfeng Xinchuang and its related parties (collectively known as “Yunfeng Fund”). Founded in early 2010, Yunfeng Fund is a private equity fund jointly initiated by Ma Yun and Yan Feng and a group of entrepreneurs and successful entrepreneurs.
Stock name
Stock code
Company Profile
Demei Chemical
002054
In March 2013, the company invested 30 million yuan to set up a wholly-owned subsidiary, Deyun Venture Capital, which is mainly engaged in the technology development of high-tech products, engaged in risk, high-tech industry investment, direct investment or participation in the construction of business incubators, entrusted management and operation. Other venture capital firms' venture capital, investment advisory services, corporate management consulting services, and other businesses permitted by laws and regulations. The purpose of establishing Deyun Venture Capital is to make full use of the company's existing technical resources and technology network, and to establish a technology platform to focus on a group of start-up high-tech enterprises based on new materials, and find the company's expansion and breakthrough in the fine chemical industry. New development projects and directions.
Huajin Capital
000532
The company's main business includes investment and asset management.
Entrepreneurial dark horse
300688
Mainly engaged in entrepreneurial services, including providing entrepreneurial enterprises with training in entrepreneurship counseling, public relations services represented by entrepreneurial events, membership services, entrepreneurial information, etc.
Luxin Ventures
600783
Announced on May 18, 2018, the company intends to act as the main sponsor and jointly establish the Shandong Luxin Venture Capital New and Old Kinetic Energy Conversion Fund (Limited Partnership) with the related party Shandong Guoxin. The total size of the venture capital fund is 1 billion yuan, of which the company as a limited partner subscribes for a maximum of no more than 470 million yuan. By the end of 2017, the company had participated in 9 venture capital enterprises in Shandong Province.
Jiuding Investment
600053
The first pure PE organization, mainly engaged in customer asset management and free capital investment business.
Zhang Jiang Hi-Tech
600895
Ge Peijian, vice chairman and general manager of Zhangjiang Hi-Tech, said on March 3, 2015 that the first batch of listed companies of science and technology innovation board will first choose among the high-tech industrial enterprises in the Zhangjiang Hi-Tech Park, which is the 22nd park of Dajiangjiang District. Earlier, there were also reports that the first batch of 50 companies would be listed. At the same time, the Shanghai Equity Exchange Trustee Center has proposed to Zhangjiang Hi-Tech to add a floor office space to meet the needs of the "four new boards" listing. Zhangjiang Hi-Tech owns 23.25% of the Shanghai Equity Custody Trading Center and is the vice chairman unit of the latter.
Qianjiang Water Conservancy
600283
The company participated in Zhejiang Paradise Silicon Valley Equity Investment Management Group Co., Ltd., accounting for 27.9%. By the end of 2011, 62 funds have been set up, with an actual capital of nearly 5.3 billion yuan, a total of 102 investment and asset management projects (including 38 listed companies), and the assets under management are nearly 10 billion yuan. In 2013, Paradise Silicon Valley realized a net profit of 11.337 million yuan, and in 2012 realized a net profit of 57.703 million yuan.
Public utility
600635
In 2017, the company entered the Shanghai Huasheng Equity Investment Fund Partnership (Limited Partnership) by means of transfer of the subscribed capital contribution and new currency contribution. The fund's foreign investment projects focus on Shanghai local state-owned assets and state-owned enterprises, Internet technology, etc. In the field, the investment work of Shanda Games has been completed. The company holds 13.93% of Shenzhen Innovation Investment Group (registered capital of 1.6 billion yuan), which is the largest domestic venture capital institution with the largest capital investment capacity.
Zijiang Enterprise
600210
The company has been involved in venture capital for many years. It has invested in Shanghai Zijiang Venture Capital Co., Ltd. and Shanghai Zichen Investment Co., Ltd., which is 20% of the shares. The investment project has brought great returns to the company after its listing.
Dianguang Media
000917
The company's Dachen Venture Capital is China's first venture capital institution established according to market-oriented operation. It has now become one of the most influential venture capital institutions in China and has been ranked among the best for many years.
Minfeng special paper
600235
The company announced on the evening of November 26, 2015 that the company intends to participate in the shareholding company Zhejiang Paradise Silicon Valley Asset Management Group Co., Ltd. to increase capital and share the shares, and will subscribe for the newly added share capital of 5% of the current shareholding in Paradise Silicon Valley, with an estimated capital of 51.1 million yuan. . According to the announcement, Paradise Silicon Valley has brought about a shortage of liquidity due to the rapid development of various businesses. In order to alleviate the financial pressure brought by the expansion of the existing business scale, it plans to increase 200 million shares in 2015, the price per share is 5.11 yuan. The total increase of funds is 1.022 billion yuan, which is used to expand the fund scale and project direct investment.
Nanjing Hi-Tech
600064
Launched Nanjing Gaoke Xinchuang Investment Co., Ltd. with a registered capital of 500 million yuan; holding a 19% stake in Nanjing Saishi Technology Venture Capital Co., Ltd.
Qianjiang Motorcycle
000913
Zhejiang Manbo Investment Co., Ltd., a wholly-owned subsidiary of the company, has a registered capital of 220 million yuan, and its main investment management, investment consulting, etc.; its capital contribution of 43.2 million yuan to participate in Zhejiang Kanglongda Glove Company (the registered capital of the capital increase of 10.2 million US dollars, accounting for 6 %). Zhejiang Fulian Venture Capital, a wholly-owned subsidiary, has a registered capital of 120 million yuan. The company invested 30 million yuan to participate in Zhejiang Adia Nutrition Technology (accounting for 23% of the registered capital after the shareholding); it invested 35.45 million yuan to invest in Zhejiang Jiaao Environmental Protection Co., Ltd. Registered capital of 55 million yuan, accounting for 6.82%).
Zhongguan Village
000931
Disclosed on April 9, 2009, the Zhongguancun Board of Directors decided to legally accept a 17.5% stake in Beijing Zhongguancun Youth Technology Venture Capital Co., Ltd. held by Beijing Zhuji Zhenghua Development and Construction Group Co., Ltd., and the transfer price was assessed at a price of 14.9591 million yuan. According to the agreement, the price was determined to be 14 million yuan. After the completion of the transfer, Zhongguancun will jointly hold 88.75% of the shares of Zhongguancun Qingchuang, and the resident Zhengzheng will no longer hold Zhongguancun Qingchuang equity.
Shanghai Sanmao
600689
Jiayu Venture Capital Co., Ltd. is a wholly-owned subsidiary of the company.
Phoenix bamboo textile
600493
The company participates in Shanghai Xingyu Venture Capital Co., Ltd.
Variety shares
600770
According to the 2012 Interim Report, the company holds 53.85% of Jiangsu High-tech Industrial Investment Co., Ltd. (investment in industrial investment with a registered capital of 100 million yuan), and its equity investment: investment in Hongbaoli 1.91 million yuan, the book value at the end of the period is 32.13 million yuan; Invested in Yanghe shares of 1.79 million yuan, the book value at the end of the period was 1.512 billion yuan. In addition, the company also invested 10 million yuan, holding a 1% stake in Nantong Rural Commercial Bank. Jiangsu High-tech Industrial Investment Company realized a net profit of 54.451 million yuan in 2013. In September 2013, the controlling subsidiary Jiangsu Gaotou (accounting for 53.85%) subscribed for the initial public offering of China Huishan Dairy Holdings Co., Ltd. for US$29.5 million, and the shares were sold indefinitely. Huishan Dairy will be listed on the Main Board of The Stock Exchange of Hong Kong Limited on September 27, 2013.
Hemei Group
002356
The company announced on the evening of December 10, 2015 that the company plans to invest in the establishment of a wholly-owned subsidiary Shenzhen Haomei Asset Management Co., Ltd. The registered capital is proposed to be 500 million yuan. The company wholly-owned to establish Haomei Assets, aiming to use the special legal status and specialization advantages granted by the market mechanism to provide enterprises with investment and financing, leasing platforms, attract investment, realize economies of scale, and make effective use of idle assets. On the one hand, the establishment of Haomei Assets can reduce the operating costs of the company. On the other hand, it can use the favorable situation of synergy between the market and the company to develop the financial service market in a short time and achieve the benefits with half the effort.
Han Ding Yuyou
300300
At present, there are more than 50 listed companies investing in holding companies, which are in line with the types of "unicorns" and "new economy", such as Aurora Push and Jingdong Finance. Among them, Aurora Push is the first product in China to provide professional and efficient message push services for mobile application developers. As of 2017, Aurora has pushed more than 600,000 mobile applications, covering more than 10 billion mobile terminals, 750 million monthly active devices, and more than 3 billion daily pushes.
*ST Baoqian
600074
The company announced on the evening of October 15, 2015 that the company intends to subscribe for 20 million yuan of new registered capital of Shen Guorong Crowdfunding with its own capital of 20 million yuan. According to the company, the capital increase target is Shenzhen Shenguorong Crowdfunding Trading Co., Ltd., which was established in June 2015. The scope of business and financial business types include equity crowdfunding; providing private equity financing services (fingers use non-public financing) ); research and development, portfolio design, consulting services for financial products; economic information consultation; market research and data analysis services; financial application software development; business activities on the Internet; equity investment; investment management; investment consulting (legal, administrative regulations) Except for items that the State Council has decided to ban, restricted projects must be licensed before they can be operated; business planning; business information consultation; and knowledge training in the financial industry.
Gao Hong shares
000851
In April 2014, the shareholders' meeting agreed to acquire a 63.63% stake in Datang Investment. In March 2014, the company acquired 9.09% equity of Datang Investment Management (Beijing) Co., Ltd. for 2 million yuan, and increased capital of Datang Investment by 33 million yuan, of which 30 million yuan Calculated into the paid-in capital, 3 million yuan is included in the capital reserve, the company invested a total of 35 million yuan, holding 63.63% of its shares. As of December 31, 2013, Datang Investment's total assets were RMB 2,266.71 million, accounts receivable was RMB 5,582,200, net assets were RMB 25,325,500, and net profit for 2013 was RMB 782,400.
Moso Power
002660
Maoshuo Power Co., Ltd. announced on the evening of December 3, 2014 that the company and Luzheng Venture Capital jointly initiated the establishment of Luzheng Maoshuo Industry Development Partnership (Limited Partnership) (referred to as “Luzheng Maoshuo”) as a platform for the company's industrial mergers and acquisitions integration. At the same time, Luzheng Ventures and the company's shareholding company Maoshuo Investment jointly initiated the establishment of Lumao Investment, responsible for the specific investment management business of Luzheng Maoshuo. The company plans to register a capital of 3.5 million yuan, invested 1.78 million yuan by Luzhen Venture Capital, accounting for 51% of Lumao's investment, Maoshuo Investment invested 1.715 million yuan, accounting for 49% of Lumao Investment.
Shanshan
600884
Shanshan Venture Capital mainly invests in projects related to the company's new energy business, mainly targeting upstream and downstream industrial investment based on the company's lithium battery materials business, as well as venture capital investment in new energy new technology fields to meet the company's lithium battery materials. Industry-based integration of new energy businesses, incubation of new technologies, and industry extension and expansion needs.
Zhongyuan Expressway
600020
The company's wholly-owned Bingyuan Investment focuses on real estate funds, modern agriculture, energy conservation and environmental protection, cultural media and other investment fields. Its business spans fund management, personal finance, asset management, direct investment and other fields. The second phase of the equity fund initiated investment "I miss you jujube", "Dalian Yi Shida", "Yantai Wanrun", "Wenzhou Hongfeng", "Space Board", "Zhimei Media" have been in domestic A shares and The Hong Kong main board market was successfully listed.
Zhejiang Yongqiang
002489
The company announced on the evening of December 1, 2015 that the subsidiary Yongqiang International Trade Co., Ltd. plans to invest 200 million yuan to set up a venture capital fund. The investment direction of the fund shall be in line with the high-tech fields supported by the state or the enterprises with scientific and technological achievements in the national scientific and technological achievements transformation project library. The company said that through this investment, the company will make full use of the fund platform, relying on the professional strength and resource advantages of professional institutions to strengthen the company's investment capabilities, enhance the company's competitiveness, seize the market opportunities of M&A development, and reserve the company's future development. More M&A targets will further enhance the company's development capabilities and core competitiveness. It also helps the company to share the return of the fast-growing capital market.
High-tech development
000628
The company invested 5 million yuan to hold a 5% stake in Chengdu Xinxing Venture Capital Co., Ltd. The company's main business is project investment, equity investment, investment management and consulting business (excluding securities investment consulting).
Nanfang Stock
600250
Jiangsu Hongrui Technology Venture Capital Co., Ltd. (the company accounts for 7.2%). As of the end of 2013, the book balance was 496,900 yuan.
Fuxin Media
601801
On July 2, 2015, Fuxin Media announced that it will increase the investment fund of 500 million yuan and plan for expansion.
Ying Fangwei
000670
Announced on March 12, 2015, the company and the Ningbo Hangzhou Bay New District Softbank Tianyue Venture Capital Management Partnership (Limited Partnership) signed the “Softbank Infront Micro (000670) Venture Capital Partnership (Limited Partnership) Limited Partnership Agreement”. Established Softbank Infront Micro Venture Capital Partnership (Limited Partnership) with a registered capital of 303 million yuan. The company is a limited partner with a capital contribution of 300 million yuan and a capital contribution ratio of 99.01%. According to the agreement of the two parties, the company will invest 30 million yuan for the first time. The capital contribution shall be invested in installments with its own funds according to the progress of the investment project within one year according to the agreement of both parties. Ningbo Hangzhou Bay New District Softbank Tianyue Venture Capital Management Partnership (Limited Partnership) is a general partner with a capital contribution of 3 million yuan and a capital contribution ratio of 0.99%. It is an executive partner.
Cloud power
000903
Shenzhen Gaotejia Investment Group with an initial investment of 50 million yuan (registered capital of 236 million yuan, the company accounted for 21.19%, which is the largest shareholder). It relies on Guotai Junan Securities Co., Ltd., which is jointly owned by well-known domestic listed companies. Initiated the establishment, mainly engaged in investment in high-tech enterprises, the establishment of various types of technology venture capital funds and other asset management business companies. In July 2011, the application for the initial public offering of Jiangxi Boya Bio, a subsidiary of Gao Tejia Holdings, was approved. Gao Tejia directly and indirectly holds 350.752 million shares of Boya Bio, accounting for 61.70% of the total number of shares before the issuance.
*ST Datang
600198
Under the background of mass entrepreneurship and innovation, entrepreneurship has become a “new normal”. Governments at all levels have introduced a series of policies in various approval processes and taxation in order to lower the threshold for entrepreneurship. Through the technological innovation, Datang Telecom has reduced the cost of entrepreneurship for entrepreneurs from the perspective of product development. Datang Cloud Platform is willing to become the stage for entrepreneurs to realize their entrepreneurial dreams.
St. Jitang
600227
The company invested 40 million yuan to participate in the establishment of Shenzhen Gao Tejia Venture Capital Company (accounting for 16.95%), direct investment and participation in the construction of business incubators.
Hebei Xuangong
000923
It invested 15 million yuan to participate in Shenzhen Gaotejia Venture Capital Co., Ltd. (accounting for 6.356%). Shenzhen Gao Tejia was established in 2001 with a registered capital of 236 million yuan. It is one of the earliest professional venture capital institutions established in China. Gao Tejia Investment has grown into a cross-regional investment group covering private equity investments, strategic investments and asset management businesses. Gao Tejia has completed investment projects including: ZTE, Mindray Medical, Sichuan University Zhisheng, Guangzhou Monterey, Hawthorn Medical, Jingda Bio and other well-known enterprises. In particular, successful investments in the health care sector have highlighted Gao Tejia's philosophy of adhering to industry investment. The continuous accumulation of industry resources has established the superior position of Gao Tejia equity investment business in the future. (In March 2011, the company plans to sell the 15 million shares of Gao Tejia held by the company, and the 2012 annual report did not disclose the progress). Gao Tejia's net profit for the first half of 2013 was 5.784 million yuan.
Red bean shares
600400
In June 2018, it plans to invest 102 million shares in Wuxi Hongtu Silk Road Venture Capital, holding 34%.
Shenzhen Energy
000027
The company agreed to acquire 2.3338% equity of Shenzhen Innovation Investment Group Co., Ltd. held by Xintong Industrial Development (Shenzhen) Co., Ltd., and the purchase price is RMB 200 million.
Beijing Urban Construction
600266
Shenzhen Zhongke Investment Venture Capital Co., Ltd. (30% of the company) is the first professional venture capital (fund) management approved by the government to be entrusted to manage venture capital and operate in accordance with the fund management company model. The company currently manages dozens of venture capital funds, mainly investing in high-growth unlisted companies. As of the end of 2013, the net assets were 1.134 billion yuan; the net profit in 2013 was 259 million yuan.
Yuexiu Jinkong
000987
The company's financial business holdings Guangzhou Securities, Yuexiu Leasing, Yuexiu Industry Fund, Guangzhou Guarantee, Yuexiu Jinke and many other financial business platforms, led the establishment of Guangzhou assets, shares in Yuexiu small loans, and indirectly controlled Guangzhou Futures and Guangzheng through Guangzhou Securities Investment, Guangzheng Lingxiu, Guangzheng Hangsheng and other business platforms have basically formed a comprehensive financial holding development pattern.
Giant wheel intelligence
002031
On December 8, 2014, Giant Wheels signed a financial advisory agreement with Silicon Valley Paradise. Silicon Valley Paradise was hired as a domestic and overseas acquisition and merger financial advisor. The company pays a financial advisory fee of 1 million yuan per year to Silicon Valley Paradise.
Beyond Technology
002649
Light Media and Beyondsoft announced on the evening of December 8, 2014 that they intend to establish a venture capital fund Huaxing Light with Shanghai Huasheng Venture Capital Management Center (Limited Partnership) and other investors, with a tentative scale of RMB 1 billion. Among them, Light Media invested 200 million yuan, and Beyondsoft invested 30 million yuan, all of which are limited partners.
Three-dimensional communication
002115
Announced on the evening of June 27, 2016, Zhejiang 3D Wireless Technology Co., Ltd., a wholly-owned subsidiary of the company, participated in the investment and establishment of Hangzhou Xichuang Equity Investment Partnership (Limited Partnership) and the general partner of Hangzhou Xichuang, Hangzhou Chuangchaohui Investment Management 4% equity of the company. Three-dimensional wireless intends to use its own funds of 10 million yuan to participate in the investment of Hangzhou Xichuang, with a capital contribution ratio of 9.9%, and the investment method is a limited partner. After signing the partnership agreement, 3D Wireless intends to use its own funds of 40,000 yuan to transfer a 4% stake in Chuangchao, which is held by natural person Liu Bo. The company said that the company's participation in the investment in Hangzhou Xichuang and the acquisition of 4% equity of Chuangchaohui will help to leverage the professional advantages of investment institutions to strengthen the company's investment capabilities and reserve high-quality investment targets for the company.
Xunyou Technology
300467
The company announced on the evening of November 20, 2015 that the company and Shanghai Rongyi Venture Capital Management Co., Ltd., Zheng Weiguang, Gui Shaobo, Qiu Yi, Shanghai Jinshan Technology Investment Co., Ltd. signed the "Shanghai Qingcheng Investment Center" on November 19, 2015. (Limited Partnership) Partnership Agreement, it is planned to jointly invest RMB 50,000 in Shanghai Yingcheng Investment Center (Limited Partnership) to engage in equity investment business, among which Xunyou Technology has subscribed for RMB 100 million in capital contribution. The company announced on the evening of June 16, 2015 that the company plans to add 30 million yuan to the hammer technology. After the investment is completed, it will hold a 1.13% stake in Hammer Technology.
Nangang
600282
The company participates in Shanghai Fosun Chuangfu Equity Investment Fund Partnership (Limited Partnership). The company subscribed for a total of 1.525 billion yuan, of which the company invested 200 million yuan (13.11%). The company participates in Shanghai Fosun Chuangyi Equity Investment Fund Partnership (Limited Partnership). The company has subscribed for a total investment of 1.505 billion yuan, of which the company invested 100 million yuan (6.64%).
Neusoft carrier
300183
In January 2015, Neusoft Carrier announced the asset acquisition plan, and it plans to acquire the entire equity of Shanghai Haier by a combination of non-public offering of shares and payment of cash. After the transaction is completed, Neusoft Carrier will hold 100% equity of Shanghai Haier, and Haier Venture Capital will become a shareholder of the listed company.
Three six five network
300295
The company plans to invest RMB 10 million in its own capital in Xuzhou Yunlong District to establish a wholly-owned subsidiary Xuzhou Sanliuwu Venture Capital Co., Ltd.
Huaan Securities
600909
Announcement on the evening of November 9, 2017, Huafu Jiaye Investment Management Co., Ltd., a wholly-owned subsidiary of the company, plans to invest no more than 700 million yuan with Guoyuan Innovation Investment Co., Ltd., Anhui Huawen Venture Capital Management Co., Ltd., Times Publishing (600551) 9 companies including Media Co., Ltd., Anhui Jiaokong Capital Investment Management Co., Ltd. and Anhui Salt Industry Corporation jointly established Anhui Anhua Innovation Venture Capital Co., Ltd., and the registered capital of Anhua Venture Capital Fund is set at 3.5 billion yuan. Renminbi, the scope of business is equity investment, creditor's rights or other investments; investment advisory, investment management, investment consulting, etc.
Shougang
000959
Shougang Fund's new energy auto fund has recently adopted investment decisions for cars and homes. This is also the second time that Shougang Fund has invested in smart travel after the new vehicles of Beiqi and the used cars. In the future, Shougang Fund will continue to focus on and invest in outstanding enterprises in the industry, relying on Shougang Group and upstream and downstream resources within the system.
Kunlun Wanwei
300418
On December 1, 2017, the reporter learned from Kunlun Wanwei that on December 1st, Comics Watch announced the completion of the 174 million USD D round of financing, led by Coatue Management, Chinese cultural industry investment fund, Qihe Capital, etc. It is known as the largest financing case in the Chinese comic industry. It is reported that Kunlun Wanwei took the lead in the layout at the end of 2015, investing 17.59 million to get a 5% stake in the comic book. In addition to watching comics, Kunlun Wanwei also invested in the live broadcast platform Yingke, net red e-commerce such as Han, actively deployed the network head content economic field.
*ST Xinyi
600145
The company invested 10 million yuan to establish Chongqing Siwei Venture Capital Co., Ltd. (100%), which is engaged in investment business and related asset management.
Gold ham
002515
The company's health industry asset management segment is mainly based on China Minsheng Capital's M&A funds, venture capital funds and financial advisory business (FA business). As of the end of 2017, Zhongyu Capital has established and operated a total of 26 funds, including 9 M&A funds and 17 venture capital funds (including asset management plans).
Giant Network
002558
The company intends to use its own funds to invest RMB 300 million to subscribe for part of the fund share of Shanghai Yunfeng Yutai Investment Center (Limited Partnership). Yunfeng Yutai is the fourth RMB private equity fund managed by Yunfeng Xinchuang and its related parties (collectively known as “Yunfeng Fund”). Founded in early 2010, Yunfeng Fund is a private equity fund jointly initiated by Ma Yun and Yan Feng and a group of entrepreneurs and successful entrepreneurs.
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