On Sept 4, 2023, the results of the 2022-2023 China PE/VC Industry Awards, organized by the Global PE Forum Organizing Committee and Caixin Data, were announced.

The fund of funds (FOFs) of Beijing E-town International Investment & Development Co., Ltd. (E-Town Capital), with its strong capabilities and outstanding investment performance, ranked among the "2022-2023 Top 10 Government-led Funds in China". This is the fourth time that E-Town Capital has received this honor at the annual awards.

2022-2023 Top 10 Government-led Funds in China [Photo/en.etowncapital.com]

Since 2014, the Global PE Forum has cooperated with local associations to host the "China PE/VC Industry Awards". Starting in 2016, with the joint efforts of Caixin Data, it has created the largest and most professional industry awards in the field, aiming to encourage and reward institutions and individuals in the PE/VC industry who have achieved outstanding results. It is currently one of the most authoritative and influential rankings in the Chinese PE/VC industry.

E-Town Capital focuses on key industries in the Beijing Economic-Technological Development Area (Beijing E-Town), such as next-generation information technology, biotechnology, healthcare, new energy intelligent vehicles, robots, and intelligent manufacturing. Through FOFs and guided funds, it gathers resources and attracts social capital to support the development of key industries and core enterprises. This facilitates the introduction of industries and the cultivation of emerging industries, making a positive contribution to the high-quality development of Beijing E-Town and the construction of Yizhuang New Town.

As of the end of August 2023, E-Town Capital’s FOFs participated in the establishment of 66 funds with a total fund size of over 670 billion yuan ($91.65 billion). E-Town Capital's subscription volume exceeded 64 billion yuan, and the paid-in capital exceeded 47.5 billion yuan.