China Merchants Capital Market is a wholly-owned subsidiary of China Merchants Group, with more than a dozen RMB funds in Shenzhen and five US dollar funds in Hong Kong. Mainly engaged in PE, market-oriented capital allocation, and the big LP mainly includes China Life Insurance, China Development Bank, China Insurance Investment, Xinjiang Production and Construction Corps, and some local government guidance funds and state-owned enterprises. The investments are mainly real estate, agriculture and animal husbandry, new energy, big consumption, Internet, cultural media, medical care and some ppp projects. China Merchants also has a platform, that is, China Merchants Venture Capital, VC and China Merchants invested 5 billion yuan and directly invested 3 billion yuan, mainly TMT projects in the early and middle stages. This is the platform that China Merchants hopes to take the opportunity to combine industry with finance. Another 2 billion will be FOF, mainly investing in some vc2.0 institutions. In addition, China Merchants Zhiyuan is a direct investment company, and CMB International is the grandson company of China Merchants Bank. These two companies are also PE companies, a little far from China Merchants Group, and they are distant relatives. In addition to the above four companies, other funds with investment names or China Merchants Group basically belong to China Merchants Capital. China Merchants Technology Group Co., Ltd. (hereinafter referred to as Technology Group) was established in Hong Kong on June 1999. It is a professional company engaged in high-tech investment, high-tech enterprise management and high-tech industrial base construction under China Merchants Group. Science and technology group is one of the earliest enterprises involved in venture capital in China, with assets exceeding HK$ 654.38+0.2 billion. Venture capital business involves information, communication, semiconductors, biopharmaceuticals, new materials, new energy, cultural media and other fields. At present, there are more than 50 direct or indirect investment projects, forming an investment business layout focusing on the Pearl River Delta, Yangtze River Delta and Bohai Rim, radiating vast areas at home and abroad. At the same time, the Science and Technology Group is committed to building a soft and hard platform to adapt to the development of high-tech industries, and has built nearly 80,000 square meters of incubation, pilot and industrialization bases to provide high-tech enterprises with all-round entrepreneurial services from policy support, venture capital, industrial support to life service.