Tongwei Sets Foot in China s Venture Investment
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Adelina [2011-05-20]
On April 19 this year, symposium on management mechanism of venture
investment in China, sponsored by China venture investment Co. Ltd, NASDAQ
international company and the Hongkong Polytechnic university, was held in
Beijing. In the meeting Cheng Siwei, vice-chairman of NPC and chairman of the
central committee of China Democratic National Construction Association, who is
named father of China's venture investment , pointed out that China's
venture investment is developing steadily in depth. Tongwei is said to have been
concerned with planning & setting up the first China's venture investment
Co. Ltd with president Liu as the vice chairman of the board since 1998. It
becomes more and more obvious that this special investment on high-tech will
bring to investor great opportunity.
Mr. Cheng said that China's venture investment should follow the three-step
strategy, that is, the first step is to set up venture investment company,
offering consultation and management services; the second step is to lay venture
investment fund, collecting all sorts of capitals including the nongovernmental
ones; the third is to build venture capital market place including second board
markets.
China's venture investment Co. Ltd was initiated by Democratic National
Construction Association with venture investment as its main operation. The
company commits itself to promote the union of capital & technology, serve
for investors and high-tech possessors to support the growth of China's
venture investment and speed up the development of China's science &
technology industry. Its essential principles are to be honest, faithful,
creative and efficient. Being one of the largest directors of the company,
Tongwei makes great contribution to the development of China's venture
investment and high-tech industry.