2017-投资界电子周刊No0572-英文版_10页_335kb

报告摘要

PEdaily E-Magazine Issue No.572 Summary

Preface

PEdaily E-Magazine (formerly known as Zero2ipo e-Weekly) has been in publication since 2006.
It is a weekly information platform tailored for PE/VC industry insiders.
The magazine covers a range of topics including investment and financing news, industry insights, data observations, personality profiles, and expert opinions.
Pedaily.cn is built on the extensive investor network of Zero2IPO Group, which has over 10 years of research resources.
The platform aims to provide timely, accurate, and in-depth market reports, and is committed to building a professional website with rich data and analysis.
The magazine welcomes contributions from all stakeholders in the industry, including investors, entrepreneurs, analysts, and lawyers.

Core Content Overview

The issue highlights key developments in China's venture capital and private equity market, focusing on investment trends, notable deals, and industry insights.

Main Investment Trends

VC/PE Investment Decline in February 2013:
- The market completed 19 investment deals in February 2013, with 15 of them having disclosed amounts.
- Total investment amount reached US $644.43M.
- The number of deals dropped by 38.7% compared to the previous month, likely influenced by the Chinese Spring Festival and industrial adjustments.
- 360buy.com received the largest investment of US $400.00M from Kingdom Holdings Company, marking a significant event in the month.

Notable Investment Deals

1. Tianjin Venture Capital

Invested in Anke Yunda and Polycap in January 2013 through two funds: Tianchuang Huaxin Equity Fund and Hebei Tianyi Venture Capital Fund.
Established in 2003 in Tianjin Binhai New District, it was the first government-guided FoF in Tianjin.
Transformed from LP to GP in 2006 and began commercial operations.
Manages a total fund size exceeding RMB 1.7B and has invested in over 30 enterprises.

2. Cenova Ventures

Completed a Series A investment in AOHUA, a Shanghai-based company specializing in endoscopes.
Cenova Ventures is focused on the healthcare industry and manages two funds:
- Cenova Growth Fund, sponsored by the National Development and Reform Commission, targets growth-stage healthcare enterprises.
- Cenova Innovation Fund, sponsored by MSD (US), Shanghai Venture Capital, etc., focuses on early-stage innovative biomedicine projects.

3. GGV Capital

Invested RMB 40M in Yuansen Camellia Oil, a modern agricultural enterprise based in Dexing City.
The company specializes in camellia oil production and has a planting base of nearly 100,000 mu.
Safflower Camellia trees are a unique species in Dexing City and are now fully owned by the company.

4. Liebo's Acquisition of AngelCity

Liebo acquired 80% equity of AngelCity for RMB 100M, making it the largest shareholder.
This acquisition is part of Liebo's strategy for potential listing, though the company has been relatively quiet about its listing plans.
Tang Dafeng, founder of Liebo, emphasized the company's focus on brand operations and minimal media engagement.
Matrix Partners, the initial investor of Liebo, did not comment on any capital pressures the company might be facing.

5. Fortune VC's Investment in HCR

Fortune VC completed a RMB 50M investment in HCR, the largest financing in the domestic market at the time.
This investment is part of a collaboration between Fortune Culture Tourism Industrial Fund and HCR.
Fortune VC has a 12-year history and has invested in over 120 enterprises.