2017-投资界电子周刊No0528--英文版_14页_970kb

PEDaily E-Magazine Issue No.528 Summary

Core Content

PEDaily E-Magazine, formerly known as Zero2ipo e-Weekly, is a weekly publication targeting professionals in the venture capital (VC) and private equity (PE) sectors. It provides timely, accurate, and in-depth market reports, covering investment and financing news, industry insights, data observations, and expert opinions. The magazine is backed by extensive investor networks and has accumulated over 10 years of research resources from the Zero2IPO Group. It aims to build a professional platform for those interested in the Chinese PE/VC industry, including investors, entrepreneurs, analysts, and lawyers.

Main Views and Key Information

1. Social Commerce in China

• Yolanda Zhang from the Zero2IPO Research Center discusses the potential of social commerce in China, which is seen as a new derivative of e-commerce driven by social networking.
• Social commerce leverages online media and user-generated content for product sales and purchases.
• The business model currently focuses on transaction-based commission, and platforms like Meilishuo and Mogujie are gaining attention.
• While Facebook has explored integrating e-commerce, the article suggests that the Chinese market may have unique opportunities and challenges.

2. IPO Approvals and Listings

• Taikong Panel, backed by Shenzhen Fortune Caizhi VC, received IPO approval from the China Securities Regulatory Commission (CSRC).
• Everfine, a photo-e-info company, went public on ChiNext with an issue price of RMB45.00 per share and a P/E ratio of 51.72 times.
• AHDMM, a mining machinery company, was listed on ChiNext with an issue price of RMB25.00 per share and a P/E ratio of 30.49 times.
• Shouhang Resources Saving, a cooling equipment manufacturer, also listed on ChiNext with an issue price of RMB30.86 per share and a P/E ratio of 37.33 times.
• Toyou Feiji Electronics, a data storage and protection company, was listed on ChiNext as another success for CKLC.

3. Series A Financing

• UNI Communication Group, a brand publicity management service provider based in Shanghai, completed a Series A financing of RMB50M led by Cape of Good Hope Fund, Kexiang Equity Investment, and Ruijiu Heying.
• Paixie.net, a footwear B2C e-commerce platform, secured a US$10M Series A investment from SIC and Goldman Sachs.
• The funds will be used for platform upgrades, warehouse establishment, and software/hardware improvements, with a focus on user experience and precision marketing.
• Paixie.net had approximately 2 million registered users and achieved a turnover of over RMB100M by the end of 2011.

4. Ihaveu.com's Series B Financing

• Ihaveu.com, a luxury B2C e-commerce website, completed a Series B financing of about US$10M, mainly from CID Group, with participation from JAFCO Asia, Lightspeed, and IDG.
• Advance Group also invested in Ihaveu in this round, indicating continued interest in the company.
• Ihaveu, founded in September 2010, focuses on high-end consumer social networking.

Additional Information

• The 7th China Venture Capital & Private Equity Forum @ Silicon Valley is scheduled for May 3, 2012, in Silicon Valley. It aims to explore how Chinese VC/PE markets can learn from overseas experiences and overcome challenges in the capital market.
• The magazine encourages feedback from its readers and invites them to share their views on the development of the Chinese PE/VC industry.
• Readers can subscribe to the magazine via RSS feed or email weekly updates for the latest industry news.

Conclusion

This issue of PEDaily E-Magazine highlights the evolving landscape of China's PE/VC industry, with a focus on social commerce, IPO approvals, and significant financing rounds. It also emphasizes the importance of learning from international experiences and adapting to the challenges of the current market. The publication continues to serve as a valuable resource for industry insiders and professionals.