According to news on July 14, Tianyancha showed that Suzhou Yongxin Rongyao Venture Capital Partnership (Limited Partnership) has recently undergone industrial and commercial changes. The original partners Zhenjiang State-owned Investment Holding Group Co., Ltd. and Ningbo Qiyang

html July 14 news, Tianyancha shows that recently, Suzhou Yongxin Rongyao Venture Capital Partnership (Limited Partnership) has undergone industrial and commercial changes. The original partners Zhenjiang State-owned Investment Holding Group Co., Ltd. and Ningbo Qiyang Investment Partnership (Limited Partnership) Withdrew, added Suzhou Fengxue Weilai Education Technology Co., Ltd. and others as partners. Fengxue Weilai ranks twelfth among the partners of Yongxin Rongyao, with a capital contribution ratio of 2.6667% and a subscribed capital contribution of 16 million yuan.

Among them, equity penetration shows that Zhang Xuefeng holds 75% of the shares of Suzhou Fengxue Weilai Education Technology Co., Ltd. and serves as the legal representative and executive director.

This means that Zhang Xuefeng, affectionately called "Teacher Zhang" by many postgraduate entrance examination students, crosses the "venture capital circle". According to public information, Yongxin Rongyao Fund was established in June 2022 with an investment of 600 million yuan.

In addition to Zhang Xuefeng, many listed companies have also established or participated in private equity investment funds this year. According to industry insiders, with the continuous upgrading of "supporting the good and limiting the bad", the ecology of the private equity investment industry will continue to be optimized, and it is expected to welcome participants from all walks of life in the future.

completed fundraising in September last year.

According to data, the original partners of Yongxin Rongyao Fund, Zhenjiang State-owned Investment Holding Group Co., Ltd. and Ningbo Qiyang Investment Partnership (Limited Partnership), withdrew. Before Zhang Xuefeng became a shareholder, Yongxin Rongyao Fund had completed fundraising in September last year. The fund was settled in Wujiang, Suzhou, and its business scope was venture capital. It consisted of Yi Delong , Dongwei Semiconductor , and Jiangsu Shengze Industrial Investment Co., Ltd. Companies and others jointly invest.

In addition, the executive partner of Yongxin Rongyao Fund is Suzhou Yongxin Ark Equity Investment Management Partnership (General Partnership) (hereinafter referred to as "Yongxin Ark"), which was established in 2015. Its business types include private equity investment funds, private equity Equity investment FOF funds, venture capital funds and venture capital FOF funds have a management scale of 2 billion to 5 billion yuan.

Since this year, Yongxin Ark has continued to invest in technology-based small and medium-sized enterprises in fields such as chips.

html In June, Suzhou Yige Technology Co., Ltd., which focuses on high-end FPGA chips, completed several hundred million yuan in pre-A+ round financing. The funds raised will be used to accelerate technology research and development to achieve early product delivery. Yongxin Ark and other institutions participated in this round of financing.

html In May, laser chip company Changzhou Zonghuixin Optical Semiconductor Technology Co., Ltd. completed the first round of C4 financing of several hundred million yuan, led by China Development Bank Manufacturing Transformation and Upgrading Fund, with Yongxin Ark and other investors following.

Yongxin Ark once said when raising funds that Yongxin Rongyao Fund has received support from local industrial funds, listed companies, high-net-worth individuals and Yongxin Ark’s historical investors. In the future, the fund will explore hard technology investment opportunities in the fields of new energy, automobiles, photovoltaic energy storage, integrated circuits, and intelligent manufacturing. Since this year, Yongxin Ark has continued to invest in projects such as Yige Technology, Zonghui Core Light, Zongwei Technology, and Bopai Semiconductor.

The investment landscape is expanding again

In recent years, Zhang Xuefeng’s spicy remarks about filling in college entrance examination majors have frequently detonated the Internet, and the company behind it, Fengxue Nilai, has often been pushed into the spotlight.

This summer, the topic of filling in college entrance examination applications has once again received widespread attention, and Zhang Xuefeng has become a hot search topic because of his sharp remarks. Previously, nearly 20,000 yuan of college entrance examination volunteer application courses provided by Fengxue Weilai were sold out.

In the business landscape, Zhang Xuefeng mainly used Fengxuewei to realize his "educational dream" in the early days. At present, Fengxue Weilai's main business is college entrance examination volunteer application filling services, and has launched a variety of college entrance examination volunteer application related products, with prices ranging from a few hundred yuan to more than 10,000 yuan.

But in addition to the college entrance examination volunteer application filling service, Zhang Xuefeng has also expanded his business reach to CET-4 and CET-6 examinations, postgraduate entrance examination planning, etc. through other companies, which covers almost all needs from the college entrance examination to the postgraduate entrance examination.

After the college entrance examination this year, the teams of Fengxue Weilai and Zhang Xuefeng launched volunteer application consulting services for college entrance examination students, filling in the "Dream Card" and "Dream Realization Card" for the 2024 volunteers. The two consulting service packages are priced at 11,999 yuan and 11,999 yuan respectively. 17,999 yuan.After making great strides in the "education map", Zhang Xuefeng turned his attention to "study tours". At the end of 2023, Fengxue Weilai added new online cultural operations, commercial performances and other businesses, and applied for registration of multiple "Xuefeng Selection" trademarks, with the potential to enter the field of live broadcasting. In March this year, Zhang Xuefeng registered "Fengfeng Huohuo Travel Agency" to engage in tourism development project planning consulting, passenger ticketing agency and other businesses.

Market participants believe that Zhang Xuefeng is constantly expanding his business territory through his personal influence. Data shows that Zhang Xuefeng currently serves as a shareholder in 8 companies and as a senior executive in 9 companies.

According to the official website of Fengxue Weilai, Fengxue Weilai was founded by the famous teacher Zhang Xuefeng in 2021. The group headquarters is located in the strongest park in China: Suzhou Industrial Park. The company currently has multiple business sectors such as college entrance planning guidance, quality and ability development, book research and development planning, internship and employment, research and education, live broadcast e-commerce, etc. Its student customers are located in 30+ provincial levels across the country, including Beijing, Shanghai, Jiangsu, Guangdong, Shandong, Liaoning, etc. Administrative regions. Fengxue Weilai has successfully built an intelligent online application platform for the national college entrance examination application form - Fengxue Weilai app and a professional information database for colleges and universities.

Listed companies are actively "crossing over"

Not only is Zhang Xuefeng "crossing over", many listed companies have also established or participated in private equity investment funds this year.

For example, on July 9, Jingxing Paper announced that it agreed that its wholly-owned subsidiary Shanghai Jingxing Industrial Investment Co., Ltd. would invest RMB 20 million of its own funds in Huahai Jinpu Venture Capital (Jinan) Partnership ( Limited Partnership).

html On July 5, Huayu Software announced that the company had officially signed the "Anhui Huayu Science and Technology Innovation Seed Equity" with Huayu Science and Technology, Provincial Seed Fund, Anhui Jin'an Industrial Guidance Fund Co., Ltd., and Anhui Industrial Technology Innovation Research Institute Lu'an Institute. Investment Partnership (Limited Partnership) Partnership Agreement", established Anhui Huayu Kechuang Seed Equity Investment Partnership (Limited Partnership), and completed industrial and commercial registration.

According to incomplete statistics from Shanghai Securities News, as of July 14, hundreds of listed companies have invested in the private equity venture capital market this year, with the cumulative subscription amount exceeding 20 billion yuan.

While “new blood” continues to pour in, the private equity industry is also clearing up at a faster pace.

Information released by the China Securities Investment Fund Association (hereinafter referred to as the "China Asset Management Association") shows that as of July 14, 942 private equity funds have been canceled this year, including 615 private equity and venture capital fund managers.

Editor | Cheng Peng Yi Qijiang

Proofreading | Liu Siqi

Cover image source: Video screenshot

Daily Economic News Comprehensive Zitianyancha, China Securities Journal, Shanghai Securities News, Securities Times

Daily Economic News