JAFCO Asia

JAFCO is one of the world's leading and earliest established venture capital funds. Jifu Asia has more than 11 years of working experience. 9 offices are located in various regions of Asia, including: Hong Kong, Singapore, Taiwan, South Korea, Malaysia, Thailand, Indonesia, Philippines and Australia. Currently manages 7 investment funds with a total amount of more than 800 million US dollars. It has invested in 240 companies, with a total investment amount exceeding US$600 million. More than 110 of these companies have been successfully listed or sold. It has more than 30 senior professional investment managers. Since two years ago, it has been 100% focused on technology investment projects.

Jifu Asia was established in Singapore in 1990 and Hong Kong in 1992. It manages a number of private equity investment funds with a total amount of more than US$850 million. It has deep knowledge of Asia and has five offices in the region: Hong Kong, Beijing, Taipei, South Korea and Singapore. Currently, investment in the Asia-Pacific region has exceeded US$700 million in 260 investment projects. In the past four years, JAFCO Asia has focused on mid- and early-stage technology investments.

Jifu Entrepreneurship Asia Technology Fund, established by Jifu Asia in 2001, raised US$178 million and began investing in technology companies in the mainland since the same year. JAFCO Asia Technology Fund currently has 11 investment projects in the Mainland, concentrated in 5 major categories, namely communications, network/computing, semiconductors, software and IT services, and some such as consumer electronic devices, terminal products, new materials, and environmental protection technologies. development and other industries. Jifu's current investment scope is focused on entrepreneurial companies with development potential and good technical support; in addition, companies with solid business foundations and good management will also become investment targets. In accordance with the practice of JAFCO Asia, in addition to providing development funds for the projects it invests, the company will also provide a series of value-added services, such as providing management consulting, helping companies research the market, introducing partners, etc., to effectively assist companies in making profits. . Chen Zhenhong

Managing Director of Jifu Venture Capital Co., Ltd.

Mr. Chen Zhenhong is the CEO of Tianquan Investment, co-founder and member of the investment committee.

Mr. Chen has more than 19 years of experience in investment banking and private equity investment. Mr. Chan served as a member of the investment committee of JAFCO Asia from 2000 to 2007 and served as the managing director and head of North Asia of JAFCO Asia Investment from 2000 to 2005. Mr. Chen personally presided over the establishment of JAFCO Asia’s Beijing and Seoul offices and established strong investment teams in these two cities.

Mr. Chen has successfully discovered and supported many outstanding Chinese companies, including BENQ, Ports Fashion (listed on the Hong Kong Main Board), 3721 (acquired by Yahoo), China Wireless (listed on the Hong Kong Main Board), China Communications (Nasdaq: Starkey listed: GRRF), Canadian Solar (Nasdaq listed: CSIQ), LDK (New York listed) and Shanghai PPG. Mr. Chen was rated as one of the top ten risks in China by Zero2IPO in 2002, 2003, 2004 and 2006 Investor. In 2005, Mr. Chen was selected as one of the top ten most influential venture capitalists in China by Investment and Cooperation Magazine, and in 2006, he was named one of the best venture capitalists in China by Forbes Magazine in 2006.

Before joining JAFCO Asia, Mr. Chen worked in the private equity investment industry for 9 years, including Suez Asia, Jianli Enterprises and HSBC Direct Investments (Asia). Prior to this, Mr. Chen worked in corporate finance at Standard Chartered Asia for many years.

Mr. Chan graduated from the University of Hong Kong with an Honors Bachelor of Arts degree in 1986, obtained an MBA from Manchester Business School in the United Kingdom in 1988, and obtained the Chartered Financial Analyst qualification from the United States in 1993. Mr. Chan is currently the President of the Hong Kong Entrepreneurship and Private Equity Association (Chairman in 2005/2006), a member of the Main Board and GEM Listing Committees of the Hong Kong Stock Exchange, a public shareholder rights member of the Hong Kong Securities and Futures Commission, a member of the Disciplinary Committee of the Hong Kong Institute of Certified Public Accountants and Executive member of the International Young Presidents Association (YPO) Beijing.