Shenzhen Guozhong Venture Capital Management

A fund manager for the national SME development fund in Shenzhen

Known as GZVCM, Shenzhen Guozhong Venture Capital Management is a fund manager that was founded in Shenzhen on 21 December 2015. Its core job is to run the Shenzhen part of China's national Small and Medium Enterprises Development Fund. According to its own description, the national fund was set up with central government investment and guidance, and was jointly funded by local governments, state-owned capital and private capital. It is presented as the first national government guide fund to be run on fully market-oriented lines.

What GZVCM manages

The company has been trusted to run the Shenzhen fund, the first entity fund under the national small and medium enterprise scheme, set up as a limited liability partnership. Its work is venture investment: placing that pooled public and private money into growing small and medium-sized companies, many of them in technology and healthcare.

Portfolio companies

Its pages describe a range of businesses it has backed:

• Medcaptain Medical Technology: founded in 2011 as an integrated perioperative solutions provider, whose fields are rehabilitation care, infusion management and in-vitro diagnostics.
• Suzhou Jing Ze Biological Pharmaceutical: develops and produces drugs for the Chinese market, aiming at high quality, low cost, safe and effective products that fill domestic gaps.
• Shenzhen Sinuo Industrial Development: a high-tech company in the Nanshan High-Tech Science Park, founded in 2002, specializing in negative electrode materials for lithium-ion batteries.
• Transwarp Technology: one of the few Chinese high-technology companies that, it says, has mastered core enterprise data technology.
• Harbin Nebulagene: biological information technology, gene detection reagents, mobile medical equipment and related software.
• Mow Shanghai Education Science and Technology: a K12 intelligent personalized guidance brand.
• Shenzhen Pride Data Technology: large-scale data solutions and value-added services for government and corporate customers.
• Jiangsu Agel Ecommerce: distribution of virtual digital products to partners such as operators, banks, insurers and payment companies.
• Guangdong animation company: produces animated television series and films and sells derivative products around a long-running domestic animation property.
• A laser technology company: founded in 2007, covering research, production, sales and service of laser and automation equipment, with subsidiaries and offices in several Chinese cities.

Where it sits

The firm's position is distinctive: it is not a private fund pursuing its own strategy, but a manager of capital that was assembled with government guidance to support small and medium-sized enterprises, in a hub of technology manufacturing.