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Tongchuang Investment has exited 10 projects through IPO.
The investment period was between 2001 and 2008, with a total investment amount of 149 million yuan, and an average investment of 14.91 million yuan per project.
Among them, the Luoyang Axis Research project invested 2.6063 million yuan, which was the smallest; Shenzhen GEM invested the latest, had the largest amount (32.5 million yuan), had the shortest payback period, and ranked second in IRR among the 10 projects, which added a lot to Tongchuang Investment.
There are also 10 projects that have not exited through IPO with a total investment of 64.87 million yuan, with an average investment of less than 6.5 million yuan per project.
After 2008, the A stock market fell to its lowest point, and the climax of Tongchuang's early investment and exits passed.
During the great wave from 2000 to 2008, Tongchuang Investment completed 20 investment projects with an investment amount of 214 million yuan.
The amount of exit through IPO reached 1.56 billion, which was 7.3 times of the total investment. The record is still relatively dazzling.
In December 2010, Zheng Weihe and Huang Li jointly established Tongchuang Weiye Asset Management Co., Ltd. with Tongchuang Weiye Investment Company ***, ushering in the period of Tongchuang Weiye.
The registered capital is 30 million yuan, which will be paid in two installments.
The first installment of RMB 6 million was paid in full upon registration, and the second installment of RMB 24 million was paid in November 2012.
After multiple transfers and capital increases, as of April 2015, Zheng Weihe and Huang Li each held 6.684 million shares, accounting for 16.71% of the total share capital of 40 million; the total of three Tongchuang Weiye Investment and other Tongchuang companies
It holds 22.4 million shares, accounting for 56% of the total share capital; the remaining 10.58% is held by six natural persons.
Zheng Weihe and Huang Lifu directly or indirectly hold 78.42% of the shares of Tongchuangwei.
Tongchuang Chuangying is held by 8 natural persons in the table, of which Ding Baoyu (joined in May 2009) holds 43% and Ma Weiguo (joined in February 2012) holds 25%.
Tongchuang Weiye has 6 subsidiaries in China, of which 4 have legal representatives Zheng Weihe and 2 have Huang Li.
On July 15, 2015, Tongchuang Weiye completed its phased strategic goals and began to be listed on the New OTC Market. The current transfer price is around 20 yuan, corresponding to a market value of approximately 840 million yuan.
Like all PE management companies, Tongchuang Weiye must also do the "four homeworks" of "financing, investment, management and exit".
The actual paid-in scale of Tongchuang Weiye is only 8.1 billion, while that of Zhongke Investment and Jiuding Investment is 27.4 billion and 21.4 billion respectively.
Tongchuang Weiye focuses on six areas including "three majors and three new": big health (including biomedicine, medical equipment, medical services, etc.), big information (including TMT, consumer electronics, mobile Internet), and big consumption (including modern agriculture).
, modern service industry, cultural creativity, etc.) and new energy (including energy conservation, environmental protection, clean energy, etc.), new materials, and new industry (including high-end manufacturing).
The investment stage is dominated by VC and PE.
Since its establishment, the funds managed by Tongchuang Weiye have invested in a total of 194 projects, with a cumulative investment amount of 5.039 billion yuan.
41 investment projects were withdrawn (of which 29 were completely withdrawn and 7 projects have been submitted to the China Securities Regulatory Commission for review).
Tongchuang Weiye looks like a "small but beautiful" PE management company.
The small scale is obvious, so taking the exit project IRR (internal rate of return) of 35.97% as an argument, Zhongtian's Jiuding Investment and the large-scale Zhongke Investment, which "outperformed the sun", became "
The most profitable PE".