Leading venture capitalist SCGC with 200th successful IPO sets new record in China
New York, New York – (Newsfile Corp. – November 20, 2021) – On November 12, Shenzhen Capital Group Co., Ltd., known as “SCGC”, was delighted to announce its 200th initial public offering for successful savings (IPO). -a new record in the Chinese venture capital industry. Shanghai Anlogic Information Technology Co., Ltd., one of the companies invested in SCGC’s portfolio, has been registered with the Council for Scientific and Technological Innovation (STAR ââMarket). The IPO of this national semiconductor and integrated circuit design company once again witnessed SCGC’s success as a discoverer and cultivator of innovative value-added companies.
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In July 2015, the number of listed companies invested by SCGC had just reached 100; just six years later, that number has doubled to 200.
So far, SCGC has invested in 1,185 companies with a cumulative investment amount of about RMB 75.5 billion. Of which 380 projects were successfully closed (including IPO Exit) and the invested companies are listed on 17 capital markets in 9 countries. Relying on its professional investment system and comprehensive post-investment services, SCGC has helped many large companies to grow, such as: CATL, Mindray Bio-Medical Electronics, Weichai Power, SMIC, Akeso, Yiheda, Western Superconducting Technologies, Fuzhou Rockchip Electronics, QI-ANXIN Technology, Bestechnic, Sunway Communication, Raytron Technology, Fudan Microelectronics, BGI, RemeGen, Montage Technology, Winner Medical, etc.
According to the SCGC Research Center, these listed companies exhibited four trends as follows:
1. High proportion of key and basic technologies – 80% of these companies are in key and basic technologies sector such as information technology, smart manufacturing, biotechnology / healthcare, new materials , new energies, etc. Among the 200 listed companies, 26 are listed on the STAR Market, representing around 7% of the total number of companies listed there.
2. Focus on SMEs – SCGC primarily makes long-term investments in small and medium-sized enterprises (âSMEsâ), particularly high-tech self-innovative SMEs in emerging markets. Depending on the stage of growth of business activity at the time of SCGC’s initial investment, the proportion of SMEs is over 90%.
3. Focus on early stage projects with a long term strategy – 77.5% of companies invested by SCGC are early stage or growing. Insisting on investing in value, SCGC intends to support its invested companies through multiple investment rounds and provide these companies with long-term value-added services.
4. Wide coverage in regions – the 200 listed companies are from 59 cities in 24 provinces of China and 5 cities outside of China, and 32% of listed companies are from the Great Bay region.
Founded in 1999, SCGC is one of the first venture capital firms established in China. The growth of SCGC could be seen as a microcosm of the development of China’s venture capital industry. The development of SCGC is due to the great opportunities brought about by the reform and opening up of China, accompanied by high economic growth, continuous improvement of the capital market and the continuous emergence of innovative companies. At the same time, a new round of global technological revolution and industrial transformation, as well as the advancement of technological development in China, have also brought many investment opportunities.
With a mission to discover and cultivate great companies, and leveraging its professional investment capabilities and in-depth value-added services, SCGC has grown into a comprehensive investment conglomerate with a primary activity in venture capital. , and SCGC aims to become: a leading investor who knows entrepreneurs the best, the most forward-looking leader in key and basic technology, and the most professional green operator in business management systems. investments.
Ni Zewang, chairman of SCGC, said that SCGC will focus on investments in the new economy and advanced technologies. By increasing investments in new energies, new materials, energy conservation and environmental protection industries, SCGC tries to implement the green concept in investment practices, in order to accelerate achievements in terms of carbon neutrality and maximum carbon dioxide emissions. At the same time, SCGC will also focus on investing in seven strategic emerging sectors, such as new generation of electronic information, high-end manufacturing equipment and the biomedical industry. In addition, SCGC will link with eight future industries, such as quantum information, brain science and brain-like intelligence, visible light communication, optical computing and aerospace technology, to cultivate more large companies contributing to the sustainable development of humanity.
SCGC will also increase investments in the Grande Baie region to develop strategic emerging industries. Seeing the Grande Baie region as a great opportunity, SCGC will integrate domestic and foreign resources, and actively promote the internationalization process, strengthening international fundraising, project investment, project management and strategy Release. International capital is encouraged to participate in the investment process of innovative startups in China and to share the growth value of large companies. SCGC targets high-quality projects around the world, striving to help the growth of cutting-edge technologies and innovative models serving the well-being of human society.
Founded in 1999, SCGC is one of the earliest venture capital investment institutions in China. With the mission of discovering and cultivating great companies, the company has grown into a complete investment conglomerate with venture capital as its core business. She has managed more than 100 funds totaling about RMB 423.6 billion. In the core area of ââventure capital investment, SCGC focuses on investing in SMEs, independent innovative high-tech companies and emerging industries, spanning the entire business lifecycle. In the past five years (2016-2020), SCGC has been ranked # 1 among local VA / PE institutions by Zero2IPO Group.
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