Beijing's first venture capital company listed last year's zero revenue

Beijing's first venture capital company--Beijing hi-Tech Venture capital Co., Ltd. 100 million shares, with the strategic contraction of the state investment, the recent Beijing equity Exchange was listed on the transfer, the price of 61.7846 million yuan. Listing data show that Beijing venture capital was founded in October 1998, with a register of 310 million yuan. The top 10 shareholder names are Beijing Energy Investment (Group) Co., Ltd., state investment high-Tech Investment Co., Ltd., Tsinghua Tongfang Co., Ltd. and Shougang Corporation, respectively holding 61.29%, 32.25%, 3.23% and 3.23%.　　The Equity transfer party is part of the shareholding of the state-invested High-tech Investment Co., Ltd. The main financial indicators show that the company's 2008-year operating income is 0, operating profit is-84.9118 million yuan, net profit-76.5584 million Yuan, 2009 years ago 10 months, operating profit-19.4745 million yuan, net profit-19.4745 million yuan.　　Monthly corporate financial statements show that as of the end of October, the company's assets amounted to 255.1026 million yuan, the owner's equity of 249.6802 million yuan. It can be seen that the company's profitability last year and this year has been gloomy. As a result, Beijing Associates and Asset Appraisal Co., Ltd. assessed that the company's net assets at the end of 2008 were 191.5803 million Yuan, at a discount of 23% at the end of this year.　　The listing price is determined based on this evaluation price. According to the project leader, the transfer of the state investment in the focus of central enterprises in the recent consideration, is from some of the main business, the transfer of Beijing venture capital of the partial equity, is also part of the exit strategy.　　Therefore, the listed items have no special requirements for the assignee, have a good financial position and ability to pay, good business credit, in line with the national laws, administrative regulations and other conditions, can be let, the assignee is a natural person, shall have full civil capacity. Data show that Beijing venture capital is the first start-up investment company in Beijing. In order to promote the rapid development of the capital knowledge-based economy, accelerate the pace of industrialization of high-tech achievements, promote the overall development of High-tech industry in Beijing, under the promotion of the city government, in October 1998 by the original Beijing integrated Investment Company, the state Development Investment company, Beijing state-owned assets management company, Tsinghua Tongfang Co., Ltd. and Shougang Corporation jointly funded the formation of the Beijing venture. October 2004, the original Beijing integrated Investment Company and the original Beijing International Electric Power Development Investment company merged into Beijing Energy Investment (group) company, and in December 2005 by the Beijing state-owned assets management company held all the company's shares　　The National Development Investment Corporation transfers its ownership of the company to its wholly owned subsidiary, the state investment high Technology Investment Co. At the beginning of its establishment, Beijing was entrusted with the historical mission of supporting our hi-tech industry and exploring the development of our venture capital. The company's operating purpose is to make full use of the Beijing talent and High-tech achievements concentrated advantage, to explore the establishment of scientific windRisk investment mechanism, promote the overall development of High-tech industry in Beijing, realize the industrialization, commercialization and internationalization of high-tech achievements and obtain considerable economic benefits. However, in the actual operation, the company did not achieve the desired effect. Company website shows that the company has 9 investment projects, including Shenzhen Information Technology Co., Ltd., Shandong Qixing Energy Materials Co., Ltd., Beijing People's Congress Golden Warehouse Information Technology Co., Ltd., Shenzhen Kang Biological Products Co., Ltd., Beijing Boao Biochip Co., Ltd. None of the 9 projects have been listed. People familiar with the matter said that as Beijing's capital-led venture, Beijing Ventures did not have big problems, but the quality of the project is not much, resulting in poor corporate efficiency. But the stock right appraisal process, has already taken into account many, the appraisal value is low, the transfer price still has the certain attraction.