2. On 2009 10/30, 10, the National Development and Reform Commission, the Ministry of Finance and the Hunan Provincial Government signed a cooperation agreement, each contributing 50 million yuan to set up a new energy fund.
◆ SDIC High-tech Investment Co., Ltd., a state-owned representative, is a wholly-owned subsidiary of China Development and Investment Corporation, and has invested in and controlled more than 10 listed companies. Hunan High-tech Venture Capital Co., Ltd., represented by the provincial financial contribution, is a venture capital institution authorized by the provincial government, which mainly provides investment guarantee services for high-tech enterprises or projects recognized and supported by the state and Hunan Province. The new energy fund is a venture capital fund focusing on the whole country, which adopts the internationally accepted form of limited partnership. The fund structure includes GP, LP and custodian bank.
Sponsor background.
Zhuzhou Times Hi-Tech Investment Guarantee Co., Ltd. is a professional investment company engaged in equity investment and investment fund management jointly funded by China CSR Zhuzhou Electric Locomotive Research Institute Co., Ltd. (hereinafter referred to as Zhuzhou Institute) and Zhuzhou Hi-Tech Group Co., Ltd. (hereinafter referred to as Zhuzhou Hi-Tech), a wholly-owned subsidiary of China CSR Co., Ltd. (hereinafter referred to as "China CSR"), with a registered capital of 6,543.80 billion yuan. CSR Times High-tech is the only professional investment company owned by China CSR, and it is an important platform for China CSR to implement the strategic measures of perfect combination of capital operation and asset management. Based on the superior brand of China South Locomotive, Zhuzhou Institute and Zhuzhou Hi-Tech's strong industrial and park background, as well as their own investment advantages in many aspects, they have been favored by many small and medium-sized enterprises since their establishment, invested in and incubated more than ten high-tech and high-growth projects, achieved good results, and formed a wide influence in the industry.
Hunan Ruichi Fenghe Venture Capital Management Co., Ltd. (hereinafter referred to as "Ruichi Fenghe") is a professional venture capital institution registered in Changsha High-tech Industrial Development Zone with a registered capital of 30 million yuan. The company is committed to building a professional platform for investment and financing management and capital operation, with an open, transparent and flexible organizational structure and operation mechanism, widely integrating private capital, industrial capital and financial capital, directly investing in high-tech, high-growth and high-quality small and medium-sized enterprises in Hunan Province and other regions in the form of equity investment, and integrating external resources and elements through professional value-added service capabilities and means to provide in-depth, meticulous and professional personalized value-added services for the invested enterprises. The company has maintained long-term close strategic cooperation with many well-known investment banks, authoritative organizations, scientific research institutes, science parks and government-related institutions at home and abroad, and has gathered outstanding talents in the fields of finance, industry, finance and law, with senior professional background, rich experience and resources, and excellent investment operation and management capabilities.
SDIC High-tech Investment Co., Ltd. is a wholly-owned subsidiary of China Development and Investment Company with a registered capital of 640 million yuan. SDIC High-tech Company is engaged in the investment business in the industrialization stage of high-tech projects, mainly involving electronics, medicine, auto parts, new materials and other industries. At present, the investment and management enterprises include SDIC Zhonglu Juice Co., Ltd., Shenzhen Kangtai Biological Products Co., Ltd., China Huada Integrated Circuit Design Co., Ltd., Yapu Auto Parts Co., Ltd., Valeo Auto Air Conditioning (Hubei) Co., Ltd., Zhejiang Pharmaceutical Co., Ltd., Jiuzhitang Co., Ltd., Tianjin Li Shen Battery Co., Ltd., Inner Mongolia Astronaut High-tech Industry Co., Ltd., etc.
Hunan High-tech Venture Capital Co., Ltd. is a venture capital institution with independent legal person qualification with the approval of Hunan Provincial Party Committee and provincial government in 2007 and the authorization of the provincial government, with a registered capital of 500 million yuan. The company is a provincial enterprise, which is jointly managed by the Provincial Department of Finance and the Science and Technology Department. The company's main business is: entrusted by the Provincial Department of Finance and the Provincial Department of Science and Technology, providing investment guarantee services for high-tech enterprises or projects recognized and supported by the state and Hunan Province, and handling investment guarantee for high-tech industries and other related businesses.