Is Shenzhen Venture Capital a subsidiary of Shenzhen SASAC?

Not a subordinate enterprise

Shenzhen Innovation Investment Group Co., Ltd.

Shenzhen Innovation Investment Group is a large-scale investment enterprise group with parent company as the main link, which was formally established in June 2002. Shenzhen Innovation Investment Group Co., Ltd., the core enterprise of the Group, was formerly Shenzhen Innovation Technology Investment Co., Ltd., which was established on August 26th. 1999.

Major shareholders include Shenzhen State-owned Assets Supervision and Administration Bureau, Shenzhen Xinghe Real Estate Development Co., Ltd., Shanghai Volkswagen Public Utilities Group Co., Ltd., Fujian Septwolves Group Co., Ltd., Shenzhen Liye Group Co., Ltd., Guangdong Electric Power Development Co., Ltd., Shenzhen Yixin Investment Co., Ltd. and Shenzhen Futian Investment Development Company.