E-Town Capital wins industry-guided fund award
Beijing E-Town International Investment & Development Co -- also known as E-Town Capital -- won the Golden Bull Industry-Guided Fund Award for its outstanding performance in industry guidance funds on Dec 19, according to the event’s organizers.
The result was released at the 2019 Equity Investment Innovation Forum held in Beijing on Dec 19.
The event was attended by representatives of equity investment institutions, listed companies and financial institutions, as well as well-known experts in the industry.
E-Town Capital has taken part in the management of four government guiding funds. These are Zhongguancun Modern Service Industry Venture Capital Guidance Fund, BDA Science and Technology Innovation Investment Guidance Fund, BDA Leading Talents Entrepreneurship Development Fund and Beijing E-Town Strategic Emerging Industry FOFs (fund of funds).
In recent years, the company has been active in expanding capital guidance and has participated in the establishment of the China Integrated Circuit Industry Investment Fund.
It helped with preparations for the establishment of the 30 billion yuan ($4.28 billion) Beijing Science and Technology Innovation Fund.
It also worked with BAIC Group to establish a new energy vehicle industry development fund to support the technological innovation and development of the BDA.
In addition to the construction of government-guided funds, E-Town Capital focused on strategic emerging sectors including the integrated circuits industry, biomedicines, equipment manufacturing and high-end services to improve its FOFs system.
In order to serve the needs of various enterprises in the entire industry chain, its FOFs system covers angel investments, VE, PE and merger and acquisitions.
Officials said the company proactively promotes the location of outstanding projects in the BDA and has help related enterprises there to become bigger and stronger.
Beijing E-Town Capital wins the Golden Bull Industry-Guided Fund Award for its outstanding performance in industry guidance funds on Dec 19. [Photo/etowncapital.com]