Hubei High-tech Industry Investment Group Co., Ltd.

In October 2005, with the approval of the provincial government, the Provincial Department of Science and Technology, together with the four high-tech zones of Xiangyang, Yichang, Huangshi and Gedian in Ezhou, jointly initiated the establishment of Hubei High-tech Industry Investment Group Co., Ltd. (referred to as "Hubei High-tech Investment Group"). In April 2014, the Provincial Party Committee and the Provincial Government explicitly listed the company as a Platform Category I enterprise; in June 2014, the company completed its upgrade. In March 2018, the company was renamed as a group company and entered a new stage of development.

The company's strategic positioning is "one carrier, two platforms", namely an important carrier for the Provincial Party Committee and the Provincial Government to gather various types of capital, promote scientific and technological innovation, and develop strategic emerging industries; a major investment and financing platform for provincial state-owned assets to serve the innovation-driven strategy and promote the development of high-tech and emerging industries; and a market-recognized professional industrial investment and fund management platform with relatively large brand influence.

The company currently has registered capital of 720 million yuan and total assets of more than 8 billion yuan. It has 11 wholly-owned, controlling and controlled subsidiaries, nearly 50 equity-participating companies, and manages various types of funds with a scale of nearly 30 billion yuan. In recent years, the company has strived to build a main business layout of "one main body and two wings", gradually forming the main business of equity investment and fund management, and innovative financial consulting services such as new energy, education industry investment and innovation and entrepreneurship services, talent incentive services, military-civilian integration services, financial intermediary services for listed companies, and fund investment promotion services.

The company currently has nearly 300 employees of various types, of which 70% have a master's degree or above, 30% have intermediate or senior professional titles, certified public accountant or lawyer qualifications, and more than 80% have fund practitioner qualifications. It is the venture capital institution with the strongest professional talent team in the province.

The company has successively established more than 50 equity investment funds with different positioning, and has invested in and supported more than 300 start-up enterprises. Among the invested projects, more than 20 enterprises have been successfully listed through IPO, backdoor listing and mergers and acquisitions; more than 40 enterprises have completed listing on the New Third Board, and most of the invested enterprises have gradually developed into leaders in their respective sub-sectors in the province and even in China, increasingly becoming growth points supporting the rapid development of Hubei's economy. In addition, a large number of invested enterprises are also gradually growing into models of scientific and technological innovation and industry pacesetters.

The company has successively initiated and established the first Sino-foreign cooperative venture capital fund in central and western China, the first state-owned angel investment fund in central and western China, the first New Third Board fund in China, and the first venture capital fund with trust funds participation in China. The company has been selected by Zero2IPO Group as one of the "Top 50 China Venture Capital Institutions" for 8 consecutive years, among which it won the "Top 20 China Venture Capital Institutions" in 2015; in 2018, it was selected by the China Venture Capital Research Institute as a "China Influential Investment Institution", selected by Securities Times as "Annual Best PE Institution", and rated by CVInfo as "Top 10 Most Promising Limited Partners in China" and "Top 20 Limited Partners in China's Best Venture Capital Field"; in May 2019, it was selected by Securities Times as "Annual Best PE Institution"; the company's comprehensive strength ranks firmly in the first tier of the national venture capital industry.

Entering a new stage of development, Hubei High-tech Investment Group will focus on its main business, around serving Hubei's scientific and technological innovation and high-tech industry development, adhere to deepening market-oriented reform, vigorously advocate the corporate culture of "being political, seizing opportunities, building brands, and getting things done", continue to expand capital scale and strengthen comprehensive strength, strive to build a first-class professional industrial investment and fund management platform enterprise in central China, and make new and greater contributions to building Hubei's modern industrial system and promoting the high-quality development of the province's economy!