Founded in 2007 and headquartered in Hangzhou, Zhejiang Province, Zhejiang Zheshang Venture Capital Co., Ltd. (ZSVC) is both a pioneer and a rising star in China’s fast growing private equity industry. Today, ZSVC has over 100 people in offices in Beijing, Shanghai, Shenzhen, Shenyang and San Francisco. It is managing over 30 funds and RMB 30 billion in total AuM, with undrawn capital around RMB 6 billion (~$ 1 billion) that can be used towards future investments. Historically, ZSVC has achieved remarkable returns for its investors with an IRR over 40%.
Zhejiang Zheshang Venture Capital Co., Ltd. (stock code: 834089) is the first private holding VC company in Zhejiang Province to have been successfully listed in National Equities Exchange and Quotations (NEEQ), regarded as the new three board market index sample stock company, as well as the most active Zheshang private capital in China. It has integrated international and local management mode and established “Zheshang Experience” for equity investment circle in China.
ZSVC is a well-known brand among China’s VC/PE industry. It has been for many years selected as “China Top 50 VC Institutions” and has won the “Most of Potential Growth of VC Institutions” as well as the “Best Venture Investment Team”, “National Outstanding VC Institutions Achievement Award”, “VC Top Ten” and many other national awards. ZSVC was elected as president of the Zhejiang province Equity Investment Industry Association Unit, the joint venture investment Specialized Committee President China Unit.
ZSVC owns a professional management team with about 100 employees. The core team has rich experience in industrial management and investment management. The Chairman of the ZSVC Mr. Yuemeng Chen is the member of Zhejiang Province People’s Political Consultative Conference and has been successively elected the first Executive President of Zhejiang Province Association of Equity Investment Industry, Co-chairman of China VC Investment Specialized Committee, Executive Vice Chairman of Ningbo Chamber of Commerce in Hangzhou, and President of Zhejiang CNDCA Entrepreneur Association and has been honored “Influential Zhejiang Merchant”, the Gold Award for “China Outstanding Venture Capitalist”, China Outstanding Venture Capitalist and One of China Top 100 Investors.
The LP team and shareholders of ZSVC has assembled dozens of famous enterprises, hundreds of successful Zhejiang merchants, central enterprises and famous financial institutions, including Zhejiang State-owned Capital Operation Co., Ltd., Zhejiang Province Second Light Industry Group, Transfer Group, Sleemon Group, Binjiang Group, Redrock Group, Wellcome Group, Hangzhou Financial Investment Group, Wensli Group, Qingchunbao Group, Spring Air Group, Good Holding, Hangzhou Industrial Investment Group, Holley Group, Wanma Group, Yongli Group, HCCD Group, Hangzhou Steel Group, China POLY Group Corporation, PICC, China Credit Trust, Sino Life, etc. and integrated the force of the local private capital. With the purpose of “carrying forward Zhejiang Merchant spirit and making contribution to national industry”, the team takes root in Zhejiang to expand nationwide and has supported a batch of high-growth enterprises with capacity of independent innovation to rapidly break through the bottleneck in startup stage and facilitated national enterprise to do bigger and stronger through equity investment.
So far, ZSVC has managed over 30 VC/PE funds, angel funds, NEEQ Funds, private placement funds and merger and acquisition funds with assets under management of up to RMB 30 billion Yuan.
The funds managed by ZSVC have successfully been invested in over hundred outstanding enterprises, including Wasu Media (000156), Huace Film& TV (300133), Prolto (002769), Beingmate (002570), Pinshanghui (833788), DVISION (300167), Zheng Mei Ji (601717), Cixing (300307), Sleemon (603008), Yueling Share (002725), Zhongsou (430339), Yunnan Highway& Bridge (830796), Philsense (300287), Grand Auto (600297), LCETRON (002036), ATM Group (833132), ZhongNan Animation (833156), Chunghsin Technology Group Co., Ltd. (603996), Hangke Optoelectronics (834043), Dongguan Power (834469), Kuaipai IoT (835101), Oriental Fashion (603377), Amor Flora (836638), AILV HEALTH (835587), Mini Ice (837478), Innovation Medical Management Co., Ltd. (002173), Hakim (300300), XF9, Mili Picture, Duzhoumo, Huimin, Weidai, missfresh, mainly invested in the fields of massive cultural and creative industry, massive health, massive consumption and high-end manufacturing. The funds have supported a batch of enterprises to grow into leading enterprises of the industry. Over 30 projects have been successfully listed or withdrawn the funds through merger and acquisition. Besides Hangzhou Headquarter, ZSVC has established subsidiaries or funds in Beijing, Shanghai, Shenzhen, Shenyang and Silicon Valley.
Relying on the good reputation of “Zheshang”, Zheshang Venture Capital (ZSVC) has drawn wide attention and has been well-recognized in the industry since its establishment. Through profound presentation of ZSVC brand and its operation principle, ZSVC has continuously enhanced its influence in the investment industry, established enterprise image and expanded project channel. It has been listed Zero2IPO “China Top 50 Venture Capital Companies” for many years on ends and has successively been honored “Most Potential Venture Capital Company”, “Best Venture Capital Team”, “National Distinguished Achievement Awards for Outstanding Venture Capital Company”, “Top 10 VC Company in Competitive Force” and many other national awards. ZSVC was also elected president unit of Zhejiang Province Equity Investment Industry and Co-chairman unit of China Venture Capital Specialized Committee.
ZSVC Management Team is composed of senior investment experts and enterprise management experts. All the core members are new generation Zhejiang merchants with many years’ practical experience in enterprise operation and management and investment and have profound understanding and perception of enterprise management and operation. They have a keen judgment on industry analysis and investment and are adept at enterprise management and resources integration. The company strictly follow the policy of being “rigorous, regulated, flexible and efficient” in investment management. In order to attract more talents, stabilize the team and stimulate the backbone, ZSVC has creatively designed virtual follow-up investment and partner promotion series management system and positively guaranteed and attracted more professional talents to join ZSVC.
LP team of ZSVC are mostly Zheshang entrepreneurs with extensive influence in their respective industry and own rich industrial resources. They are familiar with the distribution of the industrial value chains and can provide resources support for the development of the startup enterprises and help them to establish a strategic thought suitable for their development. ZSVC has accumulated rare experiences and resources through many years’ rapid development in venture capital industry and has established strategic cooperation with many securities traders, banks and intermediaries. Through effective and steady control of the investment projects, the multiple forms of investment portfolio and the withdrawal arrangement, ZSVC optimized investment operation to facilitate enterprises to achieve rapid development and expansion.
Adhering to the philosophy of “carrying forward Zheshang spirit and boosting national industry”, ZSVC presented Zheshang spirit and promoted Zheshang brand once again. Based on its profound understanding of local economy and relying on modern investment tool, ZSVC will facilitate smooth transition of local economy and realize win-win cooperation with national enterprises through effective connection of capital with industrial economy and perfect combination of investment and brand management.