Orchid Asia's anti-risk secrets

This newspaper correspondent Wang Yueping "three years, blockbuster."　　Recently, has been unknown orchid Asia suddenly at the same time Asian fruit, drilling oil drilling system and high-precision Automation Group Three enterprises, for a while to become the focus of industry attention. Investment talent rather than project in the eyes of outsiders, Orchid Asia has been quiet since 2008. "In fact, we have invested in several projects in 2008, but we have not announced them." In the first half of 2009, although due to the financial crisis, the public market shares p value is very low, but in the actual private investment, the enterprise's P value has not changed significantly, but the unlisted enterprise P value than the open market p value is higher, this situation investment is obviously very difficult. Until the second half of 2009, on the one hand, the open market continued to recover, on the other hand, the enterprise level has also changed, the previous reluctance to finance the initiative to find us, so it seems that our action seems very large, in fact, this is our long-term follow-up accumulation of results.　　"Lan Xin Asia investment director Li Yu to reporters about the story of the concentration of investment."　　In fact, as early as the first half of 2009, Orchid Asian team did not idle, the main work of two, one with the investment company's management staff communication, the second is to find a new excellent management team for future investment preparation. "In the process of investment, we attach great importance to the management talents of the invested enterprises." In the eyes of Lan Xin Asia, China's most scarce resource is management talent, so from the outset to enter China, will be with the rich experience of management personnel to join together as the most important investment strategy.　　"Li Yu said. "Since investing in Zhaopin in the 1999, Orchid Asia has been giving a lot of help to the company, helping us to develop a management incentive options program that is critical to attracting and retaining the management talent."　　Zhaopin President Liu told our correspondent. "The cause of LAN Hing Asia is investment talent rather than investment projects." Compared with huge business opportunities, China lacks the best operational management talent in any part of the world, and Orchid Asia is committed to partnering with people who are honest, talented, intelligent and motivated.　　"In the internal data of the LAN Xin Asia, we can obviously feel its high attention to management personnel." The secret of anti-risk----with investment, high growth, pay close attention to details "venture investment institutions have the courage to take risks to succeed opportunities."　　"October 13, Orchid Asia Executive director and Li Qibe member of the investment committee in the" 2009APEC Economic Forum and the Global Economic Growth China Summit, "stressed.　　As a "risk enthusiast", Orchid Asia will "take risks and invest in companies with high entry thresholds, including emerging scale companies, especially in the media, technology production, consumer services and internet consumption" as investment guidelines. "Although the investment risk in the emerging industries is greater, we can control the risks better based on our long-term concerns and insights." The more important point is that internally, our teams trust each other, and internal decisions are comparedQuick, these all make our investment success rate is quite high.　　"Li Yu with the reporter to share in the 15 years of investment experience in LAN Xin Asia.　　Also, after 15 years of exploration, Orchid Asia has developed a "secret" to risk avoidance-avoiding investment risks through employee-and-investor ventures. "In this industry I have been doing for 10 years, earning the most is not done in the company, but I use their own money to do with the return of investment." I personally in Ctrip more than 40,000 dollars, has not been sold, and now has appreciated to more than 1 million U.S. dollars.　　"Li Qibe has said publicly. As of now, Orchid Asia is investing in a project, each member of the team has to vote--how much money represents the confidence and approval of the project members.　　To this end, the fund for everyone to provide small low-interest loans.　　The main purpose of a team member is to be involved in the project, if the investor in the name of a personal stake in the program, on the one hand can effectively motivate the project leaders and participants, while the investors and Orchid Asia, the project three parties bundled together, more conducive to stability within the team.　　As a result, not only is there a very small flow of people within the region, but it also fully mobilizes the enthusiasm of the team members, forcing them to be more rigorous and careful in the due diligence process. "I personally feel that the whole team is very diligent, everyone is really busy, the flow rate is relatively low in the industry."　　Li Yu told reporters.　　In addition to allowing individuals to invest in their own names, Orchid Asia has other initiatives in balancing risk and investment opportunities-relaxing the scope and raising internal investment standards? "The current situation in China is similar to that of the US in the 50, so there is still a big chance of investing in emerging companies with large scale growth, as a large number of companies are building and growing." If they are consistently competitive, they can bring a higher return on capital to investors over the long term.　　Li Yu said, this is the guiding ideology of the LAN Xin Asia.　　The specific application of this guiding ideology to the investment process is, in addition to see "emerging", but also to see before the investment "the company has growth potential, and can become the industry's absolute leader in the competition."　　The investment Ctrip is the true deduction of this guiding ideology.　　Ctrip's combination of tourism and the Internet is a huge investment opportunity for emerging markets, and rivals have not yet emerged. "Lan Xin Asia early in March 2000 to invest in Ctrip, then Ctrip is only a very small company, only four founders." In fact, we see Orchid Asia as our fifth founder, and it was he who helped us through the early stages of the hard times, helped us set up a remuneration and audit Committee on the board, and helped the company on Nasdaq in December 2003, and has since been a member of the company's board.　　Fan, chief executive of Ctrip, has a vivid memory of the history of Orchid Asia. In addition, good at starting from the details, but also make Orchid Asia won the recognition of many entrepreneurs, as its with many investment machines"Necessary moves" to draw distance from the structure. "We are the people of Hong Kong, the heart is relatively fine, whether in the fund company, or the management of the investment enterprises are Li Qibe details."　　Li Yu told reporters, in the last issue of "financing China" magazine in an article wrote "If the investment in renminbi funds, the enterprises can be invested in a a-share motherboard or gem listed." This statement is not very accurate. In fact, the investment of foreign funds in the stock market is not a problem, but in some cases is more than RMB funds a year limit, but also need to be approved by the Ministry of Commerce, rather than not be able to be listed on the A-share motherboard or gem.　　"From this, we can feel the importance of orchid Asia to detail, and can imagine its day-to-day work in the details of each investment." The past, after all, is history and we will wait and see if Orchid Asia can continue to maintain its competitive edge in the face of more and more new entrants.