Shanghai Venture Capital Co.
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| Company type | State-owned enterprise |
|---|---|
| Industry | Venture Capital, Private Equity |
| Founded | 1999 |
| Headquarters | , |
Key people | Wang Pingao, President |
| Owner | Shanghai Municipal People's Government |
Number of employees | 100 |
Shanghai Venture Capital Company ("SHVC") is one of China's largest state-owned venture capital/private equity firm. It is owned by the Shanghai Municipal People's Government.[1]
Established in 1999, Shanghai Venture Capital Co. has been a dominant state-owned venture capital/private equity firm in China. SHVC was initially established with RMB¥ 600 million registered capital from the Shanghai municipal government.[2]
As of 2013, Shanghai Venture Capital Co. has invested a total of RMB¥ 2.4 billion in over 160 private companies,[3] and had 7 IPOs.[citation needed] SHVC currently has over 100 employees and more than 30% has international experience.[citation needed] SHVC currently has RMB¥ 10 billion under management.[citation needed]
Shanghai Venture Capital Co. specializes in early stage and growth stage investments in the following areas:[citation needed]
- Clean energy
- Energy-efficient technologies
- Biomedical technologies
- New materials
- Information technologies