It is understood that in addition to Guo Ke Holdings, the venture capital fund has also received 654.38 billion yuan from a large domestic enterprise group and 30-50 million yuan from a government guidance fund.
According to the explanation, Guo Ke Jiahe Venture Fund was established by Guo Ke Holdings, with Guo Ke Holdings as the largest shareholder. The management teams of China's well-known enterprise groups Dongfang Yike Group and Guo Ke Holdings will hold shares in the management company according to the market mechanism, forming a long-term mechanism with complementary advantages, perfect incentives and long-term cooperation. As a management team, the newly established Guo Kejia He Fund Management Company promised to follow 1%.
The project description shows that Guoke Jiahe Venture Capital will focus on four industries: electronic information, new energy and materials, life sciences and energy conservation and emission reduction. About 50% of the total fund will choose high-tech enterprise projects in high growth period, about 25% of the total fund will choose early enterprise projects, and 25% of the total fund will choose mature PRE-IPO enterprise projects.
According to the project description, the typical scale of each investment of Golden Harvest Venture Fund is 20 million yuan, and the total investment of a project does not exceed 50 million yuan. It does not pursue holding, and its holding is usually 65,438+00% to 35%.
Guo Ke Holdings was approved by the State Council in April 2002, and China Academy of Sciences was the sole investor. As of 2009, the total assets exceeded 654.38+02 billion RMB, directly controlling 37 enterprises, and being the ultimate controller of 6543.8+02 listed companies. Guo Ke Holdings has established a Guo Ke-based financial platform and an operating platform for foreign capital cooperation through Guo Keruihua Fund Venture Capital Company (hereinafter referred to as Guo Keruihua) and Guo Ke Jiahe. Guo Keruihua focuses on investment in later projects, while Guo Ke Jiahe focuses on growth projects. Together with Lenovo Investment and Hony Capital under Legend Holdings, the PE/VC platform under the Chinese Academy of Sciences system was established.