Shanghai Venture Capital Co.
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Company type | State-owned enterprise |
---|---|
Industry | Venture Capital, Private Equity |
Founded | 1999 |
Headquarters | , |
Key people | Wang Pingao, President |
Number of employees | 100 |
Website | www |
Shanghai Venture Capital Company ("SHVC") is one of China's largest state-owned venture capital/private equity firm. It is owned by the Shanghai municipal government.[1]
Established in 1999, Shanghai Venture Capital Co. has been a dominant state-owned venture capital/private equity firm in China. SHVC was initially established with RMB¥ 600 million registered capital from the Shanghai municipal government.[2]
Investments
As of 2013, Shanghai Venture Capital Co. has invested a total of RMB¥ 2.4 billion in over 160 private companies,[3] and had 7 IPOs.[citation needed] SHVC currently has over 100 employees and more than 30% has international experience.[citation needed] SHVC currently has RMB¥ 10 billion under management.[citation needed]
Shanghai Venture Capital Co. specializes in early stage and growth stage investments in the following areas:[citation needed]
- Clean energy
- Energy-efficient technologies
- Biomedical technologies
- New materials
- Information technologies
Shareholders and Partners
SHVC's main shareholders include National Development and Reform Commission(NDRC), State-owned Assets Supervision and Administration Commission(SASAC), Chinese Academy of Sciences(CAS) etc.[citation needed]
SHVC has developed long-term alliance with Temasek Holdings, Tsinghua Venture Capitals, Shanghai International Trust Co., Fudan University, Shanghai Jiao Tong University Industry Group, and many other strategic partners.[citation needed]
Related Parties
- National Development and Reform Commission
- State-owned Assets Supervision and Administration Commission
- Chinese Academy of Sciences
- Temasek Holdings
- Fudan University
- Shanghai Municipal Government
References
- ^ Cadell, Cate (February 1, 2022). "Drone company DJI obscured ties to Chinese state funding, documents show". The Washington Post. ISSN 0190-8286. Retrieved 2022-10-10.
- ^ "Shanghai Venture Capital Company CO., LTD". Shvc.com.cn. 1999-08-09. Retrieved 2014-07-22.
- ^ "上海创投 - 私募股权公司 - 私募排排网". Simuwang.com. Retrieved 2014-07-22.