Wuxi Jinghai, a company invested by Xi Venture Capital, has landed on the Beijing Stock Exchange
On December 12, 2023, Wuxi Jinghai Amino Acid Co., Ltd. (836547. BJ) officially listed on the Beijing Stock Exchange. Wuxi Venture Capital's managed fund, Wuxi Listed Company High Quality Development Fund, participated in the strategic placement of this IPO. This is also the first local listed company in Wuxi that the fund has invested in.
High quality Development Fund for Listed Companies
The total scale of the high-quality development fund for listed companies in Wuxi is 5 billion yuan. It will complete the industrial and commercial registration in July 2023, the association fund filing in August, and the investment for the first landing project, Wuxi Jinghai, on November 28th.
There are two special fund products under the fund. One special fund mainly focuses on investing in financing tools such as private placement, strategic allocation, bulk trading, and convertible bonds for local small and medium-sized listed companies in Wuxi; Another special fund mainly adopts forms such as mergers and acquisitions to support local listed companies to grow and strengthen, and promote urban industrial transformation and upgrading.
In the future, the Wuxi High Quality Development Fund for Listed Companies will continue to focus on the "465" modern industrial cluster in Wuxi, adhering to the principles of investing in Wuxi, leading the industry, and balancing social and economic effects. It will invest in listed companies within its jurisdiction, especially small and medium-sized listed companies, to achieve the goals of industrial development and market value enhancement, and play the role of financial investment in empowering the industry.
Wuxi Jinghai Amino Acid Co., Ltd
Wuxi Jinghai Amino Acid Co., Ltd. was established in May 1995 and is located in Donggang Town, Xishan District. The company specializes in the research and development, production, and sales of amino acid products, including branched chain amino acids (isoleucine, valine, leucine), tryptophan, phenylalanine, proline, etc., which can be widely used in many fields such as medicine, food, health products, daily chemicals, and new materials. After nearly thirty years of deep cultivation, through technological accumulation, innovation, and practice, the company has developed into a leading supplier of amino acid products in the domestic amino acid subdivision field, with a leading product market share of over 30% in China. At present, the company has 22 invention patents, 5 national utility model patents, and has won multiple awards such as the "Ministry of Education" and the "Wuxi Science and Technology Progress Award". At the same time, the company is a "Jiangsu Enterprise Technology Center", "Jiangsu Amino Acid Engineering Technology Research Center", "National Specialized and Characteristic Small Giant Enterprise", "Jiangsu High tech Enterprise", "Jiangsu Small and Medium sized Enterprise Innovation Capacity Construction Demonstration Enterprise", "Jiangsu Energy Conservation and Emission Reduction Technology Innovation Demonstration Enterprise", "Jiangsu Pharmaceutical Industry Integrity Enterprise", "Jiangsu Credit Management Demonstration Enterprise", etc.