shandong high-speed everbright industrial fund

introduction

shandong high-speed everbright industrial fund(“the fund”) was established in april 2014 and is sponsored by the shandong high-speed group and the china everbright limited, focusing on the areas including the general infrastructure, environmental protection, clean energy, logistics, and any other potential investment opportunities brought by the urbanization in china. the fund has raised rmb 1.8 billion in the first round and will achieve no greater than rmb 8 billion in total. it is expected to end the investment period in 2017

investment strategy

  • core competency
    we are looking for the investment targets with certain competitive advantage, high growth potential, as well as a promising prospect in line with the industrial trend of the urbanization development in china.

  • growth stage
    the target companies shall demonstrate superior growth potential. the fund will facilitate the scale expansion and efficiency improvement of those companies via both organic growth and mergers and acquisitions. we are expecting to advance the profitability of our targets to a higher level within 3-year period. we will manage the timing of our investment and be prepared to seize the opportunity at a growth stage along industry cycle.

  • management quality
    the target companies shall have established a sound operation and management system, as well as clear governance structure, reporting and financial system, compliance rules, performance assessment and incentive mechanism. not only shall the management team be passionate about making efforts for the future development, but also be emphasizing on the quality of the development at a fast but steady pace with a clear mind.

  • market domination
    the traditional infrastructure project shall be granted with franchising right/operating agreement by the government, and the remaining period shall be over 10 years under normal circumstances, otherwise it shall be considered case by case. in the non-franchising sectors, the target companies shall be the market leaders, own industry-leading technology and related patents, and take a certain share of the market.

  • policy orientation
    our investment shall be in line with the governmental policy guidance, combined with the themes on urbanization, industrial structure adjustment, energy saving and emission reduction, and focus on those industries encouraged by the government, such as environmental protection, energy saving, renewable energy etc.

our edges

  • powerful alliance
    shandong high-speed group is a state-owned transportation conglomerate, and also the largest group in terms of assets under the provincial governance in shandong. as the major sponsor and the core financing platform of the infrastructure investments in shandong such as highway and railway projects, shandong high-speed group is endowed with the unique advantage in polices and resources. there are a number of functional subsidiaries within the group, including highway construction and operation, raw materials supply, service area development, which will contribute a great synergy advantage to the relevant investment opportunities of the fund.

    as the business arm of the china everbright group to provide comprehensive financial services across mainland and hong kong, china everbright limited is specialized in the coordination and integration of cross-border asset management. the rich experience of china everbright limited in overseas listing, mergers and acquisitions, and the application of various financing products, will help the invested companies with their future development. relying on the long-term business cooperation with the group company, china everbright limited has established deep relationships with numerous leading companies in the industries of finance, environment protection, infrastructure, real estate, construction and machinery, biology and healthcare etc. in both local and overseas markets. through the past 10 years’ experience in pe as well as the successful stories in environment protection, new energy, and energy saving, china everbright limted has accumulated abundant industry investment experiences.

  • value-added service
    being different from the financial investors in general, we are more focusing on how to bring value-added services besides the capital appreciation. we are aiming to improve the management quality of the companies, to streamline their capital structure, and to boost their business development strategy by taking advantage of the sponsors’ resources, hence achieving the goal of growth mutually with companies and investees.

  • experienced team
    we have built a first-class investment and management team in the industry. all team members came from the top financial institutions domestically and abroad, and have accumulated rich investment experiences and project pipeline deals. core decision makers and transaction leaders have at least 15 years’ working experience hence the professional capability to select projects, control risks, and ensure the success of investments.

yimei holiday

yimei holiday is a tourism leading enterprises in yunnan province. it has 17 years of operation and management experience in qicai yunnan. yi mei holiday committed to the integration of yunnan and the surrounding areas of tourism resources and services. at the same time to build tourism culture commercial integrated operation and tourism product development and wholesale for main business , combine with travel agency platform, coaches platform, hotel management and others to become the first company of tourism industry chain integrate operators in china.

fund is the largest external shareholder, the shareholding ratio of 8.33%, with a director seat and is expected to be listing in 2022.