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 People's Government.
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.
Investments
As of 2013, Shanghai Venture Capital Co. has invested a total of RMB¥ 2.4 billion in over 160 private companies, and had 7 IPOs. SHVC currently has over 100 employees and more than 30% has international experience. SHVC currently has RMB¥ 10 billion under management.
Shanghai Venture Capital Co. specializes in early stage and growth stage investments in the following areas:
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.
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.
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