Shenzhen Capital Group

China Venture Capital firm

Shenzhen Capital Group Co., Ltd

Native name

| 深圳市创新投资集团有限公司
Company type| State-owned enterprise
Industry| Venture Capital
Founded| 1999
Headquarters| Shenzhen, China

Key people

| Ni Zewang (Chairman)
Zuo Ding (President)
Products| Investments
AUM| US$65 billion (2023)[1]
Website| www.szvc.com.cn

Shenzhen Capital Group Co., Ltd (SCGC; Chinese: 深圳市创新投资集团有限公司; pinyin: Shēnzhènshì chuàngxīn tóuzī jítuán yǒuxiàn gōngsī) is a state-owned venture capital company based in Shenzhen, China. It is affiliated with the Shenzhen Government and its investments cover industries supported by national policies. According to South China Morning Post, from January 2019 to May 2020, it was the second most active venture capital firm in China.[2]

## Background

[edit]

SCGC was established by the Shenzhen Government in 1999.[3][4][5][6] The firm is considered one of China's most active investors in hard technology.[3][4][6] Most of its investments are in Chinese companies.[3][4][6] More than 200 companies in its portfolio have gone public.[3][7]

## Notable investments

[edit]

* Desktop Metal[8]
* Semiconductor Manufacturing International Corporation[9]
* Jinko Solar[10][11]
* BGI Group[12]
* NetDragon Websoft[13]
* Xiami Music Network[14]
* Formlabs[15][16]
* Makeblock[17]
* Le Vision Pictures[18]

## References

[edit]

1. ^ "关于我们". SZVC.
2. ^ "China Internet Report" (PDF). July 2020. p. 10\. Archived from the original (PDF) on 9 February 2023. Retrieved 25 June 2023. "Number of Investments in China (Jan 2019–May 2020)"
3. ^ a b c d "Chinese VC warns of overvalued metaverse, semiconductor industries". South China Morning Post. 9 December 2021. Retrieved 23 June 2022.
4. ^ a b c "Venture capital firms set to reap dividends". South China Morning Post. 3 December 2007. Retrieved 20 January 2023.
5. ^ "China's EV Startups Defy Funding Slump With $6 Billion of Deals". Bloomberg.com. 15 October 2022. Retrieved 20 January 2023.
6. ^ a b c "Giving VC biz the Chinese touch - Business - Chinadaily.com.cn". www.chinadaily.com.cn. Retrieved 21 January 2023.
7. ^ "SCGC, A Leading Venture Capital Firm, with Its 200th Successful IPO, Has Set a New Record in China". finance.yahoo.com. Retrieved 21 January 2023.
8. ^ ""At a Critical Juncture," Desktop Metal Gets $160M From Koch Fund". Xconomy. 23 January 2019. Retrieved 23 January 2021.
9. ^ "It's US vs. China in race to build chip technology of tomorrow". finance.yahoo.com.
10. ^ Fried, Rona (15 October 2008). "JinkoSolar Raises $35M". Sustainable Business. Retrieved 23 January 2021.
11. ^ Choo, Yvette (5 January 2013). "Chinese solar company receives $35m". Private Equity International. Retrieved 23 January 2021.
12. ^ Guest, Forbes. "Genomic Dreams Coming True In China". Forbes. Retrieved 23 January 2021.
13. ^ "NetDragon WebSoft company information, funding & investors". ecosystem.lafrenchtech.com. Retrieved 23 January 2021.
14. ^ "Xiami Story: An Ideal Online Music Model Doesn't Work for Now · TechNode". TechNode. 13 January 2013.
15. ^ "3D-printing startup Formlabs raises $30M from Chinese backers". www.bizjournals.com. Retrieved 23 January 2021.
16. ^ Ravet, Hagar (1 August 2018). "3D Printer Company Formlabs Raises $15 Million with a $1 Billion Valuation". CTECH - www.calcalistech.com. Retrieved 23 January 2021.
17. ^ "China's Makeblock raises $44m for robot-building kits for kids". Nikkei Asia. Retrieved 23 January 2021.
18. ^ Team, Investment Research (22 September 2014). "Le Vision Pictures Raises $55.4M In Series B Financing". China Money Network. Retrieved 23 January 2021.

## External links

[edit]

* www.szvc.com.cn (Company Website)
* Gompers, Paul A.; Chen, Shaohui; Lin, Jessie; Ling, Shelley (October 2010). "Shenzhen Capital Group". Harvard Business School Case (211–029).

* v
* t
* e

Private equity and venture capital

Investment types|

* Buyout
* Leveraged
* Venture
* Mezzanine
* Growth
* Secondaries
* Equity co-investment

History|

* Early history
* 1980s
* 1990s
* 2000s
* 2010s
* 2020s

Terms and
concepts|

| Buyout|

* Financial sponsor
* Management buyout
* Divisional buyout
* Buy–sell agreement
* Leveraged recapitalization
* Dividend recapitalization

|

Venture|

* Angel investor
* Business incubator
* Post-money valuation
* Pre-money valuation
* SAFE
* Seed money
* Startup company
* Venture capital financing
* Venture debt
* Venture round

Structure|

* Private equity firms and funds
* Limited partnership
* Limited liability company
* Carried interest
* Management fee
* Pledge fund
* Publicly traded private equity
* Business Development Company
* Venture capital trust
* Private investment in public equity (PIPE)
* SPAC

Investors|

* Corporations
* Institutional investors
* Pension funds
* Insurance companies
* Fund of funds
* Endowments
* Foundations
* Investment banks
* Merchant banks
* Commercial banks
* High-net-worth individuals
* Family offices
* Sovereign wealth funds
* Crowdfunding

Related
financial terms|

* AUM
* Cap table
* Capital call
* Capital commitment
* Capital structure
* Distribution waterfall
* EBITDA
* Envy ratio
* High-yield debt
* IPO
* IRR
* Leverage
* Liquidation preference
* M&A
* PME
* Taxation of private equity and hedge funds
* Undercapitalization
* Vintage year

* Private equity and venture capital investors
* Private equity firms
* List of private equity firms
* Venture capital firms
* List of venture capital firms
* Angel investors
* Portfolio companies

* v
* t
* e

Shenzhen

Administrative divisions|

* Luohu
* Futian
* Nanshan
* Qianhai
* Yantian
* Bao'an
* Longgang
* Dapeng
* Longhua
* Pingshan
* Guangming

* Defunct divisions
* Bao'an County

Notable visitor
attractions|

| Theme parks|

* Overseas Chinese Town
* China Folk Culture Village
* Window of the World
* Happy Valley
* Splendid China
* OCT East
* Minsk World (closed)

|

Commercial areas|

* Dongmen
* Huaqiangbei
* Shekou (Sea World)
* Coastal City
* OCT Bay
* COCO Park
* Yitian Holiday Plaza

Public buildings
and museums|

* Civic Center
* Convention and Exhibition Center
* Shenzhen Museum
* Shenzhen Cultural Center
* He Xiangning Art Museum
* Nantou Ancient City Museum

Historic
settlements|

* Shenzhen Market
* Dapeng Fortress
* Nantou
* Chiwan
* Chung Ying Street

Mountains
and beaches|

* Xichong
* Yangmeikeng
* Dameisha Beach
* Fenghuang Mountain
* Wutong Mountain
* Qiniangshan
* Nanshan

Public Parks|

* List of parks in Shenzhen

Education|

* Hong Kong Chinese
* Tianjin University–Georgia Tech
* Harbin Technology
* Peking HSBC
* Peking
* Information Technology
* Beijing Technology–Moscow State
* Poly
* Radio and TV
* Technology
* Shenzhen
* Southern Science and Technology
* Tsinghua

Transport|

* Bao'an Airport
* Shenzhen railway station
* Shenzhen North station
* Shenzhen East railway station
* Shenzhen West railway station
* Shenzhen Pingshan railway station
* Futian station
* Guangmingcheng railway station
* Pinghu railway station
* Shenzhen Metro
* List of stations
* Shenzhen Tram
* Shenzhen Bus
* Shekou Cruise Center
* Shekou Ferry Terminal (closed)
* Fuyong Ferry Terminal
* Port of Shenzhen (Container Port)

Ports of entry
connecting Hong Kong|

* Shenzhen Bay
* Luohu
* Futian
* Huanggang
* Wenjindu
* Shatoujiao
* Liantang

Notable businesses|

* BYD
* China Merchants Bank
* China Nepstar
* China Resources Beverage
* Coolpad Group
* DJI
* Huawei
* Konka
* Mindray
* OnePlus
* Ping An Insurance
* SF Express
* Shenzhen Capital Group
* Shenzhen HTI Group
* Skyworth
* Tencent
* Vanke
* Xunlei
* ZTE

Notable skyscrapers|

* Ping An Finance Centre
* KK100
* China Resources Headquarters
* Shun Hing Square
* SEG Plaza
* Hanking Center
* East Pacific Center
* One Shenzhen Bay
* Heung Kong Tower
* CFC Tower
* NEO Tower
* Shenzhen Special Zone Press Tower
* China Merchants Bank Tower
* Shenzhen Broadcasting Center Building
* Shenzhen Stock Exchange
* Guomao Building
* Bay Glory

Sports venues|

* Shenzhen
* Bao'an
* Shenzhen Bay
* Universiade

Major roads|

* Shennan
* Binhai
* Beihuan

Geography|

* List of lakes and reservoirs in Shenzhen
* List of islands in Shenzhen

Literature|

* Learning from Shenzhen
* Shenzhen: A Travelogue from China
* The Shenzhen Experiment
* Shenzheners

* Category
* Commons

*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template