of June 5, 2009, Jiahua Weiye successfully obtained the capital increase from Zhejiang University Net New Group, which can be regarded as a warmth in the financial winter in the entire investment industry.
Zhejiang University Wangxin (600797) is a listed company on Chinas A- share main board market and a leader in information technology consulting services in China, with a main business income of 5.2 billion yuan in 2008. At present, Zhejiang University Netnews, which takes "high-end positioning, service-oriented and international route" as its competitive strategy, has emerged as Chinas leading IT service provider and electromechanical general contractor with considerable influence. In addition, Zhejiang University Wangxin is one of the few technology-based enterprises that have been selected as sample stocks of the Shanghai Stock Exchange 180 Index and the Shenzhen-Shanghai 300 Unified Index at the same time, and its Wangxin Rand (Hong Kong Stock Exchange: 8106) is also one of the top four telecom enterprises on the Growth Enterprise Market of the Hong Kong Stock Exchange.
The successful marriage between the two sides marks the recognition of the "investment investment banking" model pursued by Jiahua Weiye. The so-called "investment banking" is a new business model implemented on the basis of the business philosophy of modern new investment banks, that is, investment banking services are the forerunner to explore enterprise value; capital injection is the driving force to stimulate enterprise value. In order to actively implement this model, Jiahua Weiye has pioneered the FCM(Financial Chain Management, Full Chain Financial Management) model in the industry to provide customers with comprehensive financial service support.
In the future, Zhejiang University Net New Group will not only become a shareholder of Jiahua Weiye Capital, but also a limited partner of Jiahua Weiyes investment fund. The two strong will continue to strive to build Chinas best new investment bank and equity investment fund! On June 5, 2009, Jiahua Weiye successfully obtained the capital increase from Zhejiang University Net New Group, which can be regarded as a warmth in the financial winter in the entire investment industry.
English:
Harvest Capital successfully received capital investment from INSIGMA Group on 5th of May, 2009, which is definitely good news in domestic venture capital market during the cold winter of the financial crisis. INSIGMA (A share: 600797), a public company listed on Chinese Mainland A- share Market, is a domestic leader in field of information technology consultancy services and recorded 5.2 Billion RMB of total revenue in 2008. Developing on the basis of its growth strategy of positioning on high-level markets, leading market by providing outstanding services, and becoming great multinational corporation has made INSIGMA an influential IT service and EPC contractor. In addition, INSIGMA is among a few of technology companies to be chosen to list on the Shang Zhen 180 Index, Hu shen 300 Complete Index. Zheda Lande Scitech Limited (HongKong Exchange: 8160),a subsidiary of INSIGMA,is one of the best four telecommunication technology companies listed on the Hong Kong Growth Enterprise Market (GEM). The investment indicated the acknowledgement from INSIGMA of the Equity Investment Boutique Investment Banking model of Harvest Capital, a new business model built on the modern investment banking management principles. To actively implement such model, Harvest Capital introduces and applies the concept of FCM (Financial Chain Management) model to provide comprehensive financial services to its customers.In the future, INSIGMA Group will not only become the stockholder of Harvest Capital, but also a limited partner of Harvest Growth Fund, a RMB PE fund managed by Harvest Capital. The union will continue to strive for the best boutique investment bank and private equity fund in China.
