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China Oceanwide Capital

F22, Tower C, Minsheng Financial Center, 28 Jianguomennei Street, Dongcheng District, Beijing, 100005, China

Overview

China Oceanwide Holdings Group was founded in 1985 by Mr. Lu Zhiqiang, the founder, legal representative, Communist Party secretary, and chairman of the group, as well as a member of the standing committee of the 12th Chinese People’s Political Consultative Conference, vice president of the China Non-governmental Chamber of Commerce, deputy chairman of the Oceanwide Foundation,deputy chairman of the China Minsheng Banking, and a member of the board of trustees of Fudan University, etc. China Oceanwide Holdings Group Co., Ltd., the backbone of the group, has a registered capital of 20 billion yuan. Thanks to over three decades’ development, China Oceanwide Holdings Group has developed into an international group of integrated finance and industry dominated by finance and based on industry, with remarkable market influence and social contribution. It is the controlling shareholder and investor of several China Mainland and Hong Kong-listed companies, including Oceanwide Holdings (000046), Minsheng Holdings (000416), China Oceanwide Holdings Limited (00715), Minsheng Bank (600016、01988), and Legend Holdings (03396), thus its comprehensive strength has been enhanced considerably. The Group now owns nearly 100 subsidiaries and more than 10,000 employees, with its businesses and operations present in key cities in China Mainland such as Beijing, Shanghai, Shenzhen, Hangzhou, Wuhan, Qingdao, Xi’an, Dalian, Ji’nan, Weifang and Hong Kong and other regions and countries such as United States, Indonesia and Australia. Both China Oceanwide and its subsidiaries, as well as Chairman Lu Zhiqiang, have been honored with such reputable titles or awards as the Guangcai Program Medal by the All-China Federation of Industry & Commerce (ACFIC) and the China Glory Society (CGS), the People Never Forget Award by the ACFIC, the Credible Tax Payer of the Country by the State Administration of Taxation and the ACFIC, the Outstanding Socialism Builder with Chinese Characteristics jointly by the United Front Work Department of CPC Central Committee, the National Development and Reform Commission (NDRC), the Ministry of Human Resources and Social Security, the State Administration for Industry and Commerce, and the ACIFC, the Special Contribution Award under the China Charity Award, the National Earthquake Relief Model 2010, the People’s Social Responsibility Award 2010, China’s Top Ten Charity Enterprises Award 2011, the Most Respected Person of the Year by Hurun Baifu Report 2012, the Corporate Social Responsibility Outstanding Entrepreneur 2012 by Xinhuanet.com, Most Charitable Enterprise 2013 under the China Charity Award, National Advanced Individual for Poverty Alleviation Award 2014, Outstanding Contribution Award in the 20 Anniversary of Guangcai Program, Most Charitable Enterprise by Ministry of Civil Affairs at the 9th China Charity Award in 2015, Most Important Founder for Minsheng Bank at the 20th anniversary of China Minsheng Bank and other honorable awards.

Total investments
3
Lead investments
0
Investments · 12mo
0
Active investors
4

Sector focus

  • Finance
  • Financial Services
  • Real Estate Investment
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Investment portfolio

  • Horizon Robotics

    Participated · Series B · Feb 2019

    Horizon Robotics develops technology and solutions for autonomous driving in China. The company is publicly listed in Hong Kong and positions itself at the core of the self-driving ecosystem. Horizon intends to channel newly raised capital into continued research and development efforts. Management also plans to invest in emerging initiatives such as its Robotaxi program. By strengthening its R&D pipeline, the company aims to accelerate deployment of advanced autonomous driving products and services. No operating metrics such as revenue or user figures were disclosed in the article.

  • Linklogis

    Participated · Series C · Oct 2018

    Linklogis is a China-based supply chain finance and technology company. It uses big data, artificial intelligence and blockchain technology to provide supply chain financing solutions to Chinese micro and small enterprises. The company's core offering is supply chain financing technology tailored to micro and small enterprises in China. Linklogis has attracted both strategic and financial investors and recently raised US$220 million in a Series C financing round led by GIC. Additional participants included GLP, Skyworth, China Oceanwide, Welight Capital and existing investors Bertelsmann Asia Investments, Tencent Holdings, CITIC Capital and Loyal Valley Capital. The article does not disclose operating metrics, a valuation, or specific use of proceeds.

  • InVisage Technologies

    Participated · Equity · Dec 2014

    InVisage Technologies develops imaging and sensing technologies based on its QuantumFilm platform. Its first product captures high-fidelity, high-resolution images from mobile devices such as camera phones and digital cameras. The company positions itself as an advanced materials and camera-platform developer for mobile imaging. In December 2014 it raised $32.5M in funding. The company said it intends to use the funds for working capital and capital expenditures. InVisage was founded in 2006 by Jess Lee and is based in Menlo Park, California. InVisage Technologies, founded in 2006 and based in Menlo Park, Calif., is a fabless semiconductor company focused on imaging. The company has developed QuantumFilm™, a camera technology that captures high-fidelity, high-resolution images for mobile devices such as camera phones and digital cameras. Leadership includes President and CEO Jess Lee, with Ephraim Kwok as CFO and Emanuele Mandelli as VP of Engineering. The company raised $18M in funding in the reported round. Backers in the raise included GGV Capital, Nokia Growth Partners, RockPort Capital, InterWest Partners, Intel Capital and OnPoint Technologies. InVisage intends to use the funds to scale manufacturing capacity from its initial pilot production line. InVisage Technologies develops QuantumFilm, a light-sensitive image sensor for smartphones intended to produce high-quality photos in any lighting condition. Founded in 2006 and led by CEO Jess Lee, the company has focused on bringing its sensor technology to market. Its sensors are currently being evaluated by phone manufacturers. The company intends to use the Series D capital to begin manufacturing its sensors. Devices incorporating the technology are expected to ship in the second quarter of 2014. Financial details beyond the Series D being raised were not disclosed in the article. InVisage Technologies develops QuantumFilm, a commercial quantum dot–based imaging material intended to improve or replace silicon image sensors. The company’s first product targets high‑resolution imaging for handheld devices such as camera phones and PDAs. InVisage is a fabless semiconductor firm based in Menlo Park, Calif. It was founded in 2006. The company says it will use the newly received funds to bring its products and technology into mass production. InVisage is backed by RockPort Capital, Charles River Ventures, InterWest Partners and OnPoint Technologies.

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