Shenzhen Capital Group Co., Ltd (SCGC; ) is a

state-owned State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to ...

venture capital Venture capital (VC) is a form of private equity financing provided by firms or funds to start-up company, startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in ...

company based in

Shenzhen, China Shenzhen is a prefecture-level city in the province of Guangdong, China. A Special economic zones of China, special economic zone, it is located on the east bank of the Pearl River (China), Pearl River estuary on the central coast of Guangdong ...

. It is affiliated with the Shenzhen Government and its investments cover industries supported by national policies. According to

South China Morning Post The ''South China Morning Post'' (''SCMP''), with its Sunday edition, the ''Sunday Morning Post'', is a Hong Kong-based English-language newspaper owned by Alibaba Group. Founded in 1903 by Tse Tsan-tai and Alfred Cunningham, it has remaine ...

, from January 2019 to May 2020, it was the second most active

firm in China.

Background

SCGC was established by the Shenzhen Government in 1999. The firm is considered one of China's most active investors in hard technology. Most of its investments are in Chinese companies. More than 200 companies in its portfolio have gone public.

Notable investments

Desktop Metal Desktop Metal, Inc. is a public American technology company that designs and markets 3D printing systems. Headquartered in Burlington, Massachusetts, the company has raised $438 million in venture funding since its founding from investors such ...

Semiconductor Manufacturing International Corporation Semiconductor Manufacturing International Corporation (SMIC) is a partially state-owned publicly listed Chinese pure-play semiconductor foundry company. It is the largest contract chip maker in mainland China. SMIC is headquartered in Shanghai ...

Jinko Solar JinkoSolar Holding Co., Ltd. () is a solar module manufacturer headquartered in Shanghai, China, and listed on the New York Stock Exchange since 2010. Its subsidiary Jinko Solar Co., Ltd. () was listed on the Shanghai Stock Exchange's Science and ...

* BGI Group * NetDragon Websoft * Xiami Music Network *

Formlabs Formlabs is a 3D printing technology developer and manufacturer. The Somerville, Massachusetts-based company was founded in September 2011 by three MIT Media Lab students. The company develops and manufactures 3D printers and related software a ...

* Makeblock *

Le Vision Pictures ''LeVision Pictures'' is a Chinese film production and distribution company that was founded in 2011 as a subsidiary of LeEco, a Chinese conglomerate established by Jia Yueting. In 2018, the company was acquired by the Chinese property group Su ...

References

External links

www.szvc.com.cn
(Company Website) * {{authority control Chinese companies established in 1999 Companies based in Shenzhen Financial services companies established in 1999 Private equity and venture capital investors Venture capital firms of China