Jiangsu Wind investment mechanism gradually perfected into a scientific and technological innovation pioneering "combustion accelerant"

A company actually has several national first: China's first illegal domestic and foreign cooperative venture capital Fund, the first specialized seed stage investment fund, the first domestic market-oriented venture capital investment Guide Fund ...　　June 30, reporter in Suzhou Industrial Park, Suzhou Venture Capital Group Co., Ltd. interview, surprised by the group to create such a brilliant performance. The results behind this set of data are even more impressive: up to now, the group has invested a total of 90 projects, the investment amount of 3.297 billion yuan, has been invested project distribution reflects the support of strategic, scientific and listed projects investment-oriented characteristics, focusing on semiconductors, IT service outsourcing, biomedical, communications, software and other High-tech industries, At the same time, some of the traditional industrial enterprises to be listed, the group invested enterprises have achieved a lot of scientific and technological innovation results, promote independent innovation and scientific and technological achievements transformation, but also for all levels of government screening technology innovation projects and talent to provide intellectual support. 2007, Jiangsu Province, the major achievements in transformation projects, group investment projects in 8 were selected, the cumulative access to science and technology funds to support 96 million yuan.　　In 2007, Jiangsu Province High-level innovative entrepreneurial talent selection, group investment projects in 11 people were selected.　　Group Investment Enterprises in 2007 have Changshu aluminum shares and Jiangsu Sea of clouds two enterprises in Shenzhen SME Board listing, 10 to enter the listing guidance period, 2-3 years to fight for 10 companies listed ... According to Yao, a vice president of Suzhou Venture Capital, in April 2005, the group cooperated with the Israeli Infinity venture capitalist company to set up "Infiniti-new venture capital Enterprise". This is the first illegal Chinese-foreign cooperative venture capital Fund, the fund scale of 10 million U.S. dollars. Its establishment indicates that China's venture capital industry has taken a historic step towards internationalization.　　At present, in order to bring Israel's leading advanced technology into China and combine the actual situation of China, and to make these advanced technology industrialization and to create excellent investment income for investors, the group and the Israeli Infiniti Venture launched a limited partnership venture capital fund-Wah billion fund, both within China and abroad. Suzhou Venture Capital Group currently manages assets and funds of 7.6 billion yuan, including the group's total assets of 4.6 billion yuan, management fund scale of 3 billion yuan (including Yuan Feng Fund, Changshu fund, Wah billion Fund, guide fund four funds); The group is setting up a new industrial investment fund with a scale of 5 billion yuan　　The fund, which has been established by guiding funds, is 1.1 billion yuan, and the size of the fund is 1.8 billion yuan, and the group's assets scale and investment ability are the top of the domestic VC companies. According to the Jiangsu Province Science and Technology department related personage Introduction, at present, in Jiangsu Province already has more than 80 venture capital enterprise, the management total amount of investment amounted to more than 20 billion yuan. Since 1992, the first venture investment institution in Jiangsu Province, Jiangsu Venture Capital has experienced a sporadic exploration, initial development and innovative development stage, and gradually formed a good situation of the beginning of today, with remarkable results and rapid development. Venture Investment institutions andWith the development of capital, the diversification of investment sources, the continuous expansion of investments, the effective transformation of scientific and technological achievements, the operational mechanism of venture capital investment has been perfected gradually, and the level of management specialization has been further improved.　　Venture capital has become an "accelerant" for the vigorous development of Jiangsu's scientific and technological innovation. 2000, Jiangsu Provincial Government office promulgated the "Jiangsu Science and Technology Development Venture Capital fund management measures (trial)", responsible for the operation of provincial-level funds, Jiangsu Venture capital company to adopt diversified financing and fund and investment separation, investment and management of the separation of operation, to 2007 with Suzhou, Wuxi, Changzhou, Nanjing,　　Yangzhou and other regions and the United States International Data Group venture capital company, Korea Wireless Fund and other overseas funds to form 22 domestic and foreign cooperation funds and 6 fund management companies, forming a Jiangsu characteristics of the fund management system and operating mode. June 2005, Jiangsu Hi-tech investment group, which was merged by Jiangsu Information Construction Investment Co., Ltd., Jiangsu ambitious electronic information group and Jiangsu Venture capital company, borrowed from Singapore "Temasek" mode of operation, guided by the overall development strategy of Jiangsu Province, is committed to creating a domestic first-class, International well-known High-tech investment and financing group.　　2007 the company was named "China's most influential local venture capital institutions." Venture capital investment in Jiangsu Province is mainly in the fields of electronic information, biomedicine, new materials, mechatronics, environmental protection and other High-tech enterprises. By the end of 2007, Jiangsu venture capital institutions have invested more than 500 projects, including 247 High-tech Enterprises.　　Successful cultivation of Wuxi Suntech Solar, Suzhou Branch Tatsu Communications, Nanjing da He digital, Nan Souffoute, Kang Yuan Pharmaceutical, Lian Huan Pharmaceutical, huaxing Chemical, aluminum shares, red Polaroid, China high-speed transmission, such as 25 listed companies and Suzhou long-lasting Photoelectric, dongling vibration, such as a number of high growth of science and technology enterprises. Wuxi Suntech is the "wealth myth" created by venture capital. January 2001, Wuxi venture capital company, Wuxi Small Swan Group, Shan wo Group, Wuxi Hi-tech Venture capital Co., Ltd. 8 well-known enterprises, co-financing 6 million U.S. dollars, Shi, 400,000 U.S. dollars in cash and the value of 1.6 million dollars of technical participation, set up Wuxi Suntech Solar Power Co., Ltd., Engaged in research and manufacture of crystalline silicon solar cells, modules and photovoltaic power generation systems.　　Wuxi Suntech Solar Power Co., Ltd. was listed on the New York Stock Exchange on December 14, 2005 and became the first privately-run High-tech Enterprise listed on the U.S. main board in mainland China, and the U.S. stock market topped 4 billion U.S. dollars, which is known as a classic case of China's VC project. Jiangsu Province Science and Technology department director Zhu Kejiang said: "Jiangsu if not as soon as possible to become a cluster of venture capital investment, you may lose a new round of development opportunities." In the future, we will set up the relevant policies to encourage the development of venture capital, establish angel funds and seed funds, establish the mechanism of venture capital subsidy, and expedite the intermediary service agenciesConstruction and other measures, and actively guide and promote the development of venture capital, and strive for 3 years to complete the province of entrepreneurial investment of 100 billion yuan scale breakthrough. ”