2017-投资界电子周刊No0542-英文版_13页_606kb

报告摘要

PEDaily E-Magazine Issue No.542 Summary

Core Content

PEDaily E-Magazine, formerly known as Zero2ipo e-Weekly, is a weekly publication aimed at professionals in the private equity and venture capital (PE/VC) industry. It provides timely, accurate, and in-depth market reports, covering investment and financing news, industry insights, data observations, and company profiles. The magazine is supported by the extensive research resources of the Zero2IPO Group and is committed to building a professional platform for PE/VC insiders.

Main Highlights

Regulatory Developments

Document No.38: Issued on November 18, 2011, by the State Council, this document aims to prevent financial risks by regulating various trading venues.
Scope of Regulation: It covers exchanges, financial product exchanges, cultural product exchanges, and futures exchanges.
Time Limit: The inter-ministerial joint conference set a deadline of June 30, 2012, for the rectification of these trading venues.
Prohibited Transactions: Equity splitting, T+0 trading, centralized competitive pricing, and market maker practices are explicitly banned.

Investment & M&A News

1. Wealink.com Completes Series B Financing

Investor: SIG Asia
Details: The financing amount was not disclosed, but the company underwent equity and organizational structure adjustments.
Background: Founded in 2004, Wealink.com is a workplace social networking recruitment platform and one of the earliest business social networking service websites in China.

2. Caixin Media Completes Fundraising, Tencent Becomes Shareholder

Investor: Tencent
Details: Tencent became a shareholder without participating in daily operations. Zhejiang Daily Media Group retained its 40% stake.
Background: Founded in 2009 by Hu Shuli and the core team of Finance magazine, Caixin Media focuses on media and information services.

3. CCES Receives RMB20.46M Investment from Honglou Group

Investor: China Honglou Group
Details: Honglou Group injected RMB20.46M into CCES, becoming its absolute controlling shareholder.
Background: CCES is a domestic express company that faced financial difficulties but managed to recover its business.

4. IDG & Tiantu Contribute RMB150M in Zhou Hei Ya's Series B Fundraising

Investor: IDG (led), Tiantu Capital (followed)
Details: Zhou Hei Ya received RMB150M in Series B funding, with Wang Cen as a representative investor.
Background: Zhou Hei Ya specializes in the deep processing and chain sales of marinated duck and goose products, with operations in multiple provinces and cities.

5. Hoperun Listed on ChiNext

Date: July 18, 2012
Offer Price: RMB20.39 per share
PE Ratio: 41.21 times
Details: Hoperun, founded in 2006, provides professional software outsourcing services and is now listed on ChiNext.

6. Xilinmen Furniture Listed on Shanghai Stock Exchange

Date: July 17, 2012
Offer Price: RMB12.50 per share
PE Ratio: 29.87 times
Details: Xilinmen Furniture, a leading mattress producer, went public with a significant stake held by Gold Stone Investment.

7. Sichuan Bohong Acquires Wescast Industries Inc.

Deal: Sichuan Bohong acquired 100% equity of Wescast Industries Inc. in Canada.
Value: RMB1.6B, making it the largest industrial M&A deal between China and Canada.
Background: Sichuan Bohong is a diversified company involved in auto parts, real estate, and new energy, while Wescast is a major supplier of automotive exhaust systems.

Key Information

The magazine serves a wide range of professionals including investors, entrepreneurs, analysts, and lawyers.
It emphasizes the importance of accurate and in-depth market analysis, leveraging over 10 years of research.
The regulatory environment in China's PE/VC industry is under significant scrutiny, with efforts to rectify and standardize trading venues.
Several companies in the tech and manufacturing sectors have made notable progress in fundraising and listing, reflecting the dynamic nature of the industry.