| Shanghai Venture Capital Company 上海创业投资有限公司 | |
| Type: | State-owned enterprise |
| Foundation: | 1999 |
| Location City: | Shanghai |
| Location Country: | China |
| Key People: | Wang Pingao, President |
| Industry: | Venture Capital, Private Equity |
| Num Employees: | 100 |
Shanghai Venture Capital Company ("SHVC") is one of China's largest state-owned venture capital/private equity firm. It is owned by the Shanghai municipal government.[1]
Established in 1999, Shanghai Venture Capital Co. has been a dominant state-owned venture capital/private equity firm in China. SHVC was initially established with RMB¥ 600 million registered capital from the Shanghai municipal government.[2]
As of 2013, Shanghai Venture Capital Co. has invested a total of RMB¥ 2.4 billion in over 160 private companies,[3] and had 7 IPOs. SHVC currently has over 100 employees and more than 30% has international experience. SHVC currently has RMB¥ 10 billion under management.
Shanghai Venture Capital Co. specializes in early stage and growth stage investments in the following areas:
SHVC's main shareholders include National Development and Reform Commission(NDRC), State-owned Assets Supervision and Administration Commission(SASAC), Chinese Academy of Sciences(CAS) etc.
SHVC has developed long-term alliance with Temasek Holdings, Tsinghua Venture Capitals, Shanghai International Trust Co., Fudan University, Shanghai Jiao Tong University Industry Group, and many other strategic partners.