It's Happening....
20 million RMB raised for 8 projects at Ningbo Investment & Financing Conference
- Details
- Category: Governmental News
- Published: Tuesday, 01 December 2015 09:18
The first 2015 Ningbo investment and financing conference was unveiled in Greentown R&D Park on the afternoon of December 21th.
The conference was initiated by DARK HORSE CLUB Ningbo branch, the Zhejiang operation center of Southern Metropolis Weekly and co-hosted by Zhejiang Private Equity Association, Ningbo Private Equity and Venture Capital Association.
This meeting saw its official launch in mid-August. After three-month selection and deliberation, 80 projects were eventually chosen for presentation at the conference, ranging e-commerce, smart-digital, eco-agriculture, ultrasonic waves, etc. After rounds of selection, 8 prominent projects were admitted to compete for the champion in the final held on November 21th.
Capital tycoons offered suggestions to self-employers in investment and financing.
Wu Guoping, founder of Oursky DIGITAL DESIGN, a company listed in the New Third Board, shared the capital experience of an ordinary self-employer. Hu Bin, head of Zhejiang Hengbin Asset Management Co. Ltd, and Guo Chengzan, vice-CEO of JD Capital also gave their impromptu speeches.
As a senior investor of JD Capital, Guo not only shared his entrepreneurship experiences, but also provided project founders with some suggestions on the spot, including tips on elicitating capital. The following are his main arguments. First, products should avoid singularity, and supplementary products or plans should be at hand. Secondly, it is advisable to keep the scale small in the beginning, with a small sum of money invested, so as to get ready for a 2-or 3-round take-off. After all, money, like steel, should be used in the blade. Thirdly, founders should not trust others too much but get themselves engaged in market investigation and product design.
“Not being brave enough is a problem for many founders’ failures”, said Guo. It is important for partners to see eye to eye with each other. Once consensus is reached, they should stick to it.
Eight projects compete to “win the favor of investors” winning intentional investment of 20 million RMB.
“Wanna see your son or grandson’s looking in embryo”? “Wanna make sure whether water you drink every day is safe or not”? “Wanna have a try of the world’s sexiest ice cream?” Roadshows of projects were launched spectacularly at 2 pm.
Eight projects on roadshow were presented in turns in the following order: Hollow Sustaining Filter-element Nano-filtration Membrane, “RoyalSonic. Chao Run”, Ultra-sonic Smart Water-channel, Smart Baby Camera, Duxi Ice-ream, Nanao Changshou Village, Cycled Efficient Agriculture, City Space Art Platform, International Fringe Festival, Fair Priced Imported Goods Chained Platform.
Brilliant roadshows were magnetic to the judge panel made up of 20 investment organizations. Apart from judges’ compliments, roadshows also attracted on-site intentional investment amounting to 20 million RMB. 20 investing agencies are considerably strong, namely Sequoia Capital, SoftBank, NLVC, TSING CAPITAL, DT Capital Partners, Plum Venture, FORTUNE CAPITAL, QF Capital, ZhenFund, Heima Jijin, ABC Capital, DELTA CAPITAL, Shengtai ZIben, Cybernaut, Jiangsu Guotou, HaiBang Venture, JUNRUN CAPITAL, BLUESOURCE CAPITAL, Boleyuma, COWIN VENTURE, Dongyuan Chuantou, Dingshengtianping.
The results came out that Royalsonic ultra-sonic smart water channel was finally granted with the laureate, with Smart Baby Camera winning the most investment-rewarding prize, Duxi Ice-cream the most eye-catching prize.
