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1. Members registered in this website must abide by the provisions on the administration of Internet electronic announcement service, and shall not publish information such as defamation of others, invasion of others' privacy, infringement of others' intellectual property rights, spread of viruses, political speech, commercial information, etc.
2, in all the articles published in the site, the site has the final right to edit, and reserve the right to print or publish to a third party, if your information is not complete, we will have the right to use your work published in the site without any notice.
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PE Weekly | News and Events in Chinese PE Market (2021.6.6-2021.6.13)

FOF Weekly Updated June 13, 2021


This week (2021.6.6-2021.6.13), PE Weekly covers Fundraising news on PE market.

Fundraising

China’s Companies Co-Launch $250 Million Fund for Wind Energy Development

10 June 2021----Ningxia Jiaze New Energy Co., Ltd has annonounced the partnership with CRRC Fund Management (Beijing) Co., Ltd, String Capital, CRRC Capital, and SEPCO to set up a CNY 1.6 billion ($250 million) fund for wind energy development. Read more…

Beijing Welcomes Third Secondary Fund

10 June 2021----Beijing Yuanjian Jieli Venture Investment Fund has been set up, the third secondary fund in the city. The fund, with the target scale of CNY 500 million ($78 million) in the first close, mainly focuses on the investment opportunities in secondary market of private equity funds in high-end industries. Read more…

CEC Data Pairs up with Tang Wealth to Launch Fund with Target Scale of $469 Million

10 June 2021----China Electronics Corporation Data reached agreements with Tang Wealth Investment Management Co., Ltd to launch a fund with target scale of CNY 3 billion ($468.8 million). The new fund mainly invests in secondary market and super unicorn projects. Read more…

Jinan City Welcomes $1.5 Billion Fund for Strategic Emerging Industries

9 June 2021----Shandong province introduced a fund of the scale up to CNY 10 billion ($1.5 billion) backed by government and state-owned enterprises. The fund aims to support local strategic emerging industries such as optical and new-generation information technology, smart manufacturing, biomedicine, advanced materials, new energy, and new infrastructure through direct investments or setting up sub-funds. Read more…

China Life Insurance Teams up to Launch $781 Million Fund for Science and Technology Innovation

9 June 2021----Beijing-headquartered China Life Insurance Company partners with Jianxin Linghang Strategic Emerging Industry Development Fund to launch a CNY 5 billion ($781 million) fund for science and technology innovation, with commitments of CNY 4 billion ($625 million) and CNY 1 billion ($156 million) respectively. Read more…

Chongqing Debuts $78 Million Fund for Local Innovation Entrepreneurship Contest

8 June 2021----Liangjiang New Area, Chongqing’s national development zone, announced to launch a CNY 500 million ($78 million) special fund for premium enterprises in the local innovation entrepreneurship contest, which is intergrated into Liangjiang’s to-launch science and technology innovation fund system with the total scale of CNY 5 billion ($781.4 million). The new fund eyes on the investments in enterprises in such fields as AI, advanced manufacturing, new energy, new material, biomedicine. Read more…

Henan Province Launches Fund for Hydraulic Engineering Industry

8 June 2021----China’s northern Henan province offered an olive branch to investments and financing in hydraulic engineering industry by setting up a provincial designated fund. The new vehicle was launched with the focus of ecological conservation and development along the reach of Yellow River. Read more…

Chongqing Sets up $468 Million Fund for Green Development

7 June 2021----Chongqing announced the partnership between Nanan District and Economic Development Zone to launch a CNY 3 billion ($468.7 million) fund in order to attract more private capital, talents, technologies, and projects to form a cluster, injecting impetus into local green innovative development. Read more…

Shanghai Launches $12.5 Billion Fund for City Renewal, Largest in China

7 June 2021----Shanghai announced the launch of a CNY 80 billion ($12.5 billion) fund for promoting city renewal, the largest one in China. The new vehicle aims to invest in the transformation of old districts and urban renewal projects in order to promote the optimization of Shanghai’s urban functions, people’s livelihood, and the protection of urban traditional features. Read more…

Shenzhen Capital Group Commits $31.2 Million to Fund for Semiconductor Material

7 June 2021----Shanghai Semiconductor Equipment Material Fund, with China Integrated Circuit Industry Investment Fund as one of the major investors, has received commitments of CNY 200 million ($31.2 million) from Shenzhen Capital Group’s secondary fund. The investment tie between the two parties aims to promote coordinated investments and omni-level cooperation in semiconductor field. Read more…


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PE Weekly | News and Events in Chinese PE Market (2021.7.19-2021.7.25)
How to Exit Venture Capital Investments Successfully
PE Weekly | News and Events in Chinese PE Market (2021.7.12-2021.7.18)
REGISTER NOW !
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
E-mail adress
Password
l read and agree to
Terms&Conditions
Create a new account Sign up!
Forget Password
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
Name
Surname
E-mail address
Password
Confirm password
l read and agree to
Terms&Conditions
Already have an account? Sign in!
Please go to the mailbox to approve the registration
CHINA-BASED
GLOBAL PLATFORM
FOR GPs & LPs
FOF WEEKLY Account terms of service
1. Members registered in this website must abide by the provisions on the administration of Internet electronic announcement service, and shall not publish information such as defamation of others, invasion of others' privacy, infringement of others' intellectual property rights, spread of viruses, political speech, commercial information, etc.
2, in all the articles published in the site, the site has the final right to edit, and reserve the right to print or publish to a third party, if your information is not complete, we will have the right to use your work published in the site without any notice.
3. During the registration process, you will choose the registration name and password. The choice of registration name shall comply with laws, regulations and social ethics. You must keep your password confidential and you will be responsible for all activities that take place under your registered name and password.
Already have an account? Sign in!
E-mail adress

PE Weekly | News and Events in Chinese PE Market (2021.6.6-2021.6.13)

FOF Weekly Updated June 13, 2021


This week (2021.6.6-2021.6.13), PE Weekly covers Fundraising news on PE market.

Fundraising

China’s Companies Co-Launch $250 Million Fund for Wind Energy Development

10 June 2021----Ningxia Jiaze New Energy Co., Ltd has annonounced the partnership with CRRC Fund Management (Beijing) Co., Ltd, String Capital, CRRC Capital, and SEPCO to set up a CNY 1.6 billion ($250 million) fund for wind energy development. Read more…

Beijing Welcomes Third Secondary Fund

10 June 2021----Beijing Yuanjian Jieli Venture Investment Fund has been set up, the third secondary fund in the city. The fund, with the target scale of CNY 500 million ($78 million) in the first close, mainly focuses on the investment opportunities in secondary market of private equity funds in high-end industries. Read more…

CEC Data Pairs up with Tang Wealth to Launch Fund with Target Scale of $469 Million

10 June 2021----China Electronics Corporation Data reached agreements with Tang Wealth Investment Management Co., Ltd to launch a fund with target scale of CNY 3 billion ($468.8 million). The new fund mainly invests in secondary market and super unicorn projects. Read more…

Jinan City Welcomes $1.5 Billion Fund for Strategic Emerging Industries

9 June 2021----Shandong province introduced a fund of the scale up to CNY 10 billion ($1.5 billion) backed by government and state-owned enterprises. The fund aims to support local strategic emerging industries such as optical and new-generation information technology, smart manufacturing, biomedicine, advanced materials, new energy, and new infrastructure through direct investments or setting up sub-funds. Read more…

China Life Insurance Teams up to Launch $781 Million Fund for Science and Technology Innovation

9 June 2021----Beijing-headquartered China Life Insurance Company partners with Jianxin Linghang Strategic Emerging Industry Development Fund to launch a CNY 5 billion ($781 million) fund for science and technology innovation, with commitments of CNY 4 billion ($625 million) and CNY 1 billion ($156 million) respectively. Read more…

Chongqing Debuts $78 Million Fund for Local Innovation Entrepreneurship Contest

8 June 2021----Liangjiang New Area, Chongqing’s national development zone, announced to launch a CNY 500 million ($78 million) special fund for premium enterprises in the local innovation entrepreneurship contest, which is intergrated into Liangjiang’s to-launch science and technology innovation fund system with the total scale of CNY 5 billion ($781.4 million). The new fund eyes on the investments in enterprises in such fields as AI, advanced manufacturing, new energy, new material, biomedicine. Read more…

Henan Province Launches Fund for Hydraulic Engineering Industry

8 June 2021----China’s northern Henan province offered an olive branch to investments and financing in hydraulic engineering industry by setting up a provincial designated fund. The new vehicle was launched with the focus of ecological conservation and development along the reach of Yellow River. Read more…

Chongqing Sets up $468 Million Fund for Green Development

7 June 2021----Chongqing announced the partnership between Nanan District and Economic Development Zone to launch a CNY 3 billion ($468.7 million) fund in order to attract more private capital, talents, technologies, and projects to form a cluster, injecting impetus into local green innovative development. Read more…

Shanghai Launches $12.5 Billion Fund for City Renewal, Largest in China

7 June 2021----Shanghai announced the launch of a CNY 80 billion ($12.5 billion) fund for promoting city renewal, the largest one in China. The new vehicle aims to invest in the transformation of old districts and urban renewal projects in order to promote the optimization of Shanghai’s urban functions, people’s livelihood, and the protection of urban traditional features. Read more…

Shenzhen Capital Group Commits $31.2 Million to Fund for Semiconductor Material

7 June 2021----Shanghai Semiconductor Equipment Material Fund, with China Integrated Circuit Industry Investment Fund as one of the major investors, has received commitments of CNY 200 million ($31.2 million) from Shenzhen Capital Group’s secondary fund. The investment tie between the two parties aims to promote coordinated investments and omni-level cooperation in semiconductor field. Read more…