2021-10-17

Growth FOF Receives "Golden Financing · Outstanding FOF" Award at 2019 China Equity Investment Forum

On October 17, the "2019 China Equity Investment Forum", hosted by Shanghai Securities News, took place in Pudong, Shanghai. The 8th "Golden Financing" Award Presentation Ceremony was held in the same day.

At the award ceremony, Deng Weili, Chairman of Shanghai Growth FOF Equity Investment Management Co., Ltd. (Growth), received "Golden Financing · Outstanding FOF" Award on behalf of Growth.

Growth FOF is a strategic investor under Shanghai International Group (SIG), as well as SIG's important carrier driving the national strategy of integrated development of the Yangtze River Delta. Through a professional layout of sub-funds and directly-invested projects, it attracts more extensive social capital, builds a functional carrier boosting the strategic growth of the nation and comprehensively improves the level of SIG's industrial funds.

Growth FOF initiated Yangtze River Delta Collaborative Advantageous Industry Fund in March 2019 and completed the first-round closure of a fund of over 7 billion yuan. By late September 2019, the fund has invested in 35 projects directly and via sub-funds, with a total amount of 1.3 billion yuan. The projects involved, valued at 28 billion yuan in total, cover "hard technology" fields such as biomedicine, IC, AI and intelligent manufacturing. With the deepening of fund investment in the future, the fund will invest in 1,000 innovative projects in 200 advanced technology fields, with a total market value of over 200 billion yuan, to fully support the national strategy of the integrated development of the Yangtze River Delta.

GP Capital's "PE Investment Fund Lifecycle Management System" Project nominated for 2018 Shanghai Financial Innovation Award

Recently the winner list of 2018 Shanghai Financial Innovation Award has been unveiled. The "PE Investment Fund Lifecycle Management System" Project of GP Capital Co., Ltd., a subsidiary of SIG, was nominated for 2018 Shanghai Financial Innovation Achievement Award.

In 2018, with the attention of SIG Asset Management Co., Ltd., a subsidiary of SIG, GP Capital joined hands with Growth, to build eFront, a quasi-blockchain digital and traceable investment management system covering fund lifecycle and featuring full-process compliance control. Led by the President of GP Capital, all employees took active part in the launch of the system, summarized the process of the fund management system, and created a "smart" control platform through the system, thus developing solid and long-term competitiveness for the company. In the context of financial regulation intensification, the company tightened internal risk control and implemented effective practices such as full-process investment control.

As China's first provincial and ministerial government award for financial innovation, the Shanghai Financial Innovation Award has been presented for 9 consecutive times. A number of highly innovative and demonstrative achievements have stood out, showing the persistent innovation of Shanghai's financial institutions. Many of these financial innovation achievements have been duplicated and extended across China to pioneer the reform deepening, development and transformation of the financial industry.