VC/PE to Zhongshan

This time is Zhongshan, Guangdong.

Investment industry-decoding LP learned from Zhongshan that Zhongshan West Bay Investment Holding Development Co., Ltd. (hereinafter referred to as "Xiwan Investment Control") was held in 2022 major project signing ceremony. At the ceremony, Xiwan Investment Control signed a contract with a number of well -known financial institutions such as CITIC Capital to invest in 9 sub -funds, and the size of the sub -fund exceeded 20 billion yuan.

According to the data, the West Bay Investment Control is the subject of the investment subject of the Zhongshan Cuiheng New District to promote the high -quality development guidance fund (hereinafter referred to as the "Xiwan Mother Fund"). According to the plan, West Bay Investment Control will use 3-5 years to promote the size of the West Bay Mother Fund over 10 billion yuan, and the size of the sub-fund cluster impacts the 50 billion yuan mark.

At present, the RMB fundraising is difficult, and Zhongshan has invested 9 sub -funds in one fell swoop, which has rippled in the venture capital circle.

Nine sub -funds in one fell swoop

VC/PE is here

In order to guide more social capital to enter the field of industrial investment in Cuiheng New District, in 2020, the management committee of Zhongshan Cuiheng New District established the West Bay Mother Fund. Xiwan Investment Control is a wholly -owned limited limited liability company established by the Cuiheng New District Management Committee. As the operating agency of the Xiwan Mother Fund, Xiwan Investment Control has launched a physical operation in 2020.

Tianyancha shows that Xiban Control Investment has invested in three industrial guidance funds and 1 special fund, including Guangdong Aerospace Cloud Manufacturing Industry Investment Fund Partnership (Limited Partnership), Yuecai (Zhongshan) Biomedical Investment Partnership companies (limited partnerships), Zhongshan Zhongke Chuang Pharmaceutical Entrepreneurship Investment Partnership (Limited Partnership), etc., the cumulative investment funds have reached 2.26 billion yuan. The investment field covers aerospace manufacturing, biomedicine, electronic information and other industries.

Jia Wenkai, chairman of Xiwan Investment Control, said that since the operation of Xiwan Investment Control, it has always "targeted" the development of new districts and Zhongshan industries, creating a financial system that shows the characteristics and advantages of Cuiheng New District, and integrates the "finance-technology-industry" chain. Through the operation of the West Bay Mother Fund, the Xiwan Investment Control Fund continued to amplify the "magnetic force" of the Fund, and played an active role in promoting the scientific and technological innovation and investment promotion of Cuiheng New District.

After the signing, the West Bay Investment Control Plan will invest 9 sub -funds through Xiwan Mother Fund, CITIC Medical Health Fund, Everbright Digital Economy Fund, Saifuwan District Science and Technology Innovation Fund, Chunhua Cuicheng (Zhongshan) Carbon Zhonghe Fund, Guojin Dingxing Strategy Emerging Industry Fund, Yingnuo Angel Fund, Zhongshan Specialized New Fund, Xiban Digital Connect Fund, and Zhongshan Cuiheng Golden Inner Bay Mother Fund (all of them are formulated). The investment field is mainly the strategic emerging industries such as biomedicine, digital economy, high -end manufacturing and semiconductor, and the size of the sub -fund will exceed 20 billion yuan.

At the same time, 9 banks including China CCB Zhongshan Branch, ICBC Zhongshan Branch, Bank of Communications Zhongshan Branch, Agricultural Bank of China, Zhongshan Rural Commercial Bank, Minsheng Zhongshan Branch, Xingye Bank Zhongshan Branch, Bank of China Zhongshan Branch, Pudong Development Bank Zhongshan Branch will be with the West with the West The Bay Mother Fund cooperates with "investment and loan linkage" to provide financial support to relevant institutions and SMEs.

In the past, "Guangdong Four Little Tigers", Zhongshan fights

Zhongshan began to emerge in China Chuangjun Rivers and Lakes.

As early as December 2017, the Torch District of Zhongshan City and Nanlang Town invested 1 billion yuan and 100 million yuan, respectively. In 2018, Zhongshan City's financial capital contribution was set up with a scale of 2 billion yuan. Two years later, the Cuiheng New District Management Committee invested in the establishment of the West Bay Mother Fund.

Entering 2022, Zhongshan Mother Fund was densely moved. In April of this year, the "Administrative Measures for the Mother Fund of the Science and Technology Innovation Industrial Industrial Industrial of Zhongshan Torch Development Zone" will be officially introduced. In order to increase the attraction of attracting investment in the torch area. Today, the West Bay Mother Fund announced that it will set up a sub -fund group with a scale of more than 20 billion yuan, which shows that Zhongshan attaches positive attention to the parent fund.

From the perspective of geographical location, Zhongshan is located on the west side of the Guangdong -Hong Kong -Macao Greater Bay Area, adjacent to Guangzhou and Zhuhai, and is across the river in Shenzhen and Dongguan. The location advantage is obvious. In fact, since the reform and opening up, Zhongshan has undertaken many overflow industries from the developed cities such as Guangzhou, Zhuhai, Shenzhen and other Pearl River Delta with its own location advantages.

In December 2016, the construction of the Shenzhen -Middle Channel connected to the Pearl River and Shenzhen and Shenzhen was expected to be completed in 2024. After the completion, business trade between Shenzhen and Dongguan in the east side of Zhongshan and the Pearl River will inevitably be more frequent, which will also bring new industrial development opportunities to Zhongshan's industrial development.

From the perspective of the industrial foundation, Zhongshan is a veritable manufacturing city. It has been called "Guangdong Four Little Tigers" with the South China Sea, Shunde, and Dongguan. At present, Zhongshan has formed 23 industrial clusters. Among the 20 strategic industrial clusters released by the "Fourteenth Five -Year Plan" of the "High -quality Development of Guangdong Province", Zhongshan has deployed 19 in Zhongshan.

Among them, electronic information, equipment manufacturing, and white appliances are the traditional advantageous industries of Zhongshan, and the industry scale has reached more than 300 billion yuan. Here are well -known manufacturing companies such as Galanz Electric, Vantage, and Changhong Electronics. At the same time, other manufacturing companies in Guangdong Province such as TCL and Midea have also established a manufacturing base in Zhongshan.

In the early years, Zhongshan pursued the industrial development model of "one town and one product", that is, each town focused on the development of an industry. At that time, this model made Zhongshan's private economy unprecedentedly active, but in the moment when the demand for business efficiency was getting higher and higher, it was difficult to fight against other industrial cities that form a large -scale industrial cluster. Therefore, in recent years, Zhongshan has begun to transform in a higher value -added direction, and advanced manufacturing and health pharmaceutical industries have become the target of key development of industrial clusters. Among them, the biomedical industry that has used Zhongshan's imported port advantages has been small and effective. In 2017, there were more than 200 health pharmaceutical companies in Zhongshan City, forming an industrial cluster pattern of biopharmaceuticals, medical devices, medical information, and health care foods, cosmetics, and health services. According to the planning of Zhongshan City, the scale of the city's health pharmaceutical industry will form a 100 billion industrial cluster in 2022.

In February 2019, the "Outline of the Development Planning of the Guangdong -Hong Kong -Macao Greater Bay Area" was released, which gave Zhongshan another opportunity to take another economic steep. Using the dividend brought about by its own location advantage in the Greater Bay Area, through the establishment of a parent fund, to cultivate a higher -added scientific and technological innovation industry, attract more capital to settle in Zhongshan to form a cluster, and complete the transformation and upgrading of the old industry. This is the establishment of Zhongshan. The ambition behind the scale of over 20 billion yuan.

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