Venture Capital investment Enterprise Board Company 2 years profit 10 times times exit tide or come

Reporter recently learned from the market, accompanied by a a-share market to bear, the creation of institutions since the second half of last year began to accelerate the cash. And this November, the gem will usher in the first wave of the original shareholder restricted shares ban climax.　　Based on the current stock price projections, VC institutions in the first batch of gem shares profit of more than 10 times times. In the first 5 months of this year, only 50 of the gem's stock was issued.　　The listing of these new shares means that the huge venture Corps is about to cash in on a "bear market" profit. July 2007, Shenzhen local Fortune venture capital invested 7.2 million yuan in the eye (300015), to obtain 3 million shares, about 2.4 yuan per share. September 2009, the company's official external offering of ophthalmology, 209 institutions eventually gave a 60.87 times-fold price-earnings ratio of ophthalmology, the issue price of up to 28 yuan.　　In two years, Fortune capital investment returns as much as 11.67 times times. According to the reporter rough statistics, fortune in 2007-2008, on the gem of billion-Wei Li (300014), Ai er Ophthalmology and Network accommodation Technology (300017) and other 3 companies accumulated investment of 42.95 million yuan. As of yesterday, with the fortune of three companies to calculate the number of shares, the investment for the fortune to bring a surplus of about 635 million yuan, the average return of more than 14 times times.　　Together with the landing of the board of the same Chau electronics (002052), extension information (002261) and Fujian San Nong, Fortune from the 6 listed companies have received more than 2.2 billion profit returns accumulated.　　According to statistics, currently listed in the Gem companies, 80% companies are gathered behind the creation of investment institutions, and these institutions are invested in more than 2 years, book yield more than 10 times times. "From the current investment of several companies, the gem of the return of the board than the high plate." Fortune Investment director Fu Jecuan said in an interview, "because we invest in these gem companies, the cost and the price-earnings ratio is much higher than before, and the gem of the current high P/E can be maintained remains unknown." "Venture Investment" exit Tide "or will come as an important exit channel of investment institutions, the IPO restart last year, the opening of the gem is undoubtedly the biggest positive investment industry." Data show that since the second half of 2009, the venture has been a large transfer to the harvest season.　　Of the 173 withdrawal transactions that took place throughout 2009, 49 were taken out of the listing, representing 28% per cent of the total number of projects, which rose markedly from around 23% in 2008.　　Not only that, according to wind information statistics, the two cities since this year a total of 39 VC companies to reduce, the cumulative set of 700 million yuan, and all concentrated in the SME board, involving the HONGTA innovation Investment company, such as 7 venture capital institutions. It is noteworthy that this November, the gem will usher in the first batch of original shareholders lifted the climax. According to wind information statistics, only November will usher in the first batch of 27 gem companies, the total 1.2 billion shares listed circulation, corresponding to the market value of about 40 billion yuan.　　Including fortune, and other institutions are in the tide of the lifting. For machineWhether or not it would take this opportunity to withdraw aggressively, a venture investor told reporters meaningfully, "the long-term return on investment money can be maintained at a high level of 30%, if more than 50%, that is the miracle of the industry." ”