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V FUND Awarded "Best Science and Technology Investment Institution"

Author: 2020.07.23 Pv( 316)

Science and technology is an important part of national development, which can strengthen the country, promote the progress of enterprises and improve people's life. On the evening of July 23rd, the "2020 STARMarket’s First Anniversary Summit", organized by Shanghai United Media Group STARMarket Daily and JIEMIAN Cailian Press, and co-organized by CVINFO, concluded in Shanghai Hongqiao Fund Town. "China V GPS and Emotibot from V Fund's portfolio were separately selected as "2020 Science and Technology Star" and "2020 Science and Technology Popularity Star". V Fund was awarded the "2020 Science and Technology Venture Stars" best investment institution for its excellent exit and investment performance. 

Leading guests from various countries gather in the main hall of the opening ceremony of the NECC Shanghai in November 2018 as Chinese President Xi Jinping announces the establishment of the STARMarket in SSE and the pilot registration system at the opening ceremony of the first China International Import Expo. On June 13, 2019, Vice Premier Liu He attended the 11th Lujiazui Forum and the opening of the STARMarket. On July 22 of the same year, the market officially opened and the first batch of 25 stocks started trading. As a testing ground for capital market reform, the market "insists on focusing on the frontier of world science and technology, the main fields of the economy and the major needs of the country, and mainly serves science and technology innovation enterprises that are in line with national strategies, breakthroughs in key core technologies and high market recognition", igniting the enthusiasm of countless science and technology creators. A large number of enterprises have joined the market, creating countless new technologies, new industries, new business models and new modes.

Policy inclusion eases financing problems, and capital gathering stimulates innovation potential. On the first anniversary of STARMarket's opening, STARMarket Daily, in order to learn and promote innovative experience and further promote the reform of the stock market, has joined hands with major authoritative institutions to launch the "2020 Science and Technology Innovation Star" award based on the professional evaluation system. The selection is open to listed and to-be-listed science and innovation enterprises, early-stage science and innovation enterprises, third-party service providers such as brokerage firms, law firms and clubs, as well as investment institutions, to select the "Little Giants" of China's science and innovation.

The selection at the enterprise level is based on a multi-dimensional screening of the declared enterprises in terms of basic industry information, basic company information, R&D and innovation, corporate social responsibility and other indicators. The winners of "2020 Stars of Science and Innovation" will be determined by combining the voting results of experts, scholars and senior financial media. After authoritative evaluation, two of V Fund's portfolio companies, China V GPS and Emotibot, were successfully selected.

Investment institutions are evaluated in terms of exit performance (number of exits, amount of exits, exit return rate) and investment performance (declared projects in the queue, investment strategy), and the awards are highly valuable. With its outstanding investment and exit performance in the field of science and innovation, V Fund was awarded the future star "Best Science and Innovation Investment Institution".

It is understood that V Fund was founded by five former Goldman Sachs Group senior bankers at the end of 2015. As an equity investment institution focusing on investing in the middle to late stage of corporate development, it has invested over RMB 4 billion in less than four years, with a management scale of over RMB 6 billion. Since its establishment, V Fund has been focusing on the investment of China's industrial transformation and upgrading as well as innovation and technology. In addition to China V GPS and Emotibot, which have made the list, V Fund has invested in many leading companies in the industry segments, including but not limited to CATL, Farasis Energy, YUNDA, Geek+, Horizon Robotics, Cloopen, Biren Technology, Ronbey Technology, CHEMSPEC, Smarter Micro, YUANNIAN and other leading companies. Among them, 2 have been successful, and 6 to 8 more enterprises will file for STARMarket one after another in the next year. 

"The one who wins is powerful, and the one who wins is strong." Grasp the momentum of development, focus on technology investment and make key progress. In the future, V Fund will continue to cultivate industrial technology verticals, strive to become a capital link for China's industrial transformation and upgrading, and accompany outstanding enterprises in the industry to grow together. In the future, V Fund will continue to focus on the industrial technology vertical and strive to become a capital link for China's industrial transformation and upgrading, accompanying outstanding enterprises in the industry to grow together. Over time, V Fund will continue to grow and improve through development, contributing its strength to promote technology innovation.