High-Tech Investment

Drawing on decades of experience in investment and management, Veken has solidified its advantages in strategic investment, industrial operation and capital deployment. With considerable capital advantage, professional operation teams and strategic partnerships including SDIC, Veken has built a high-tech industrial operation chain for the whole life cycle investments from angels, VCs, PEs, industrial operations to IPOs. Veken primarily invests in forward-looking, strategic industries as well as market resources and new business models.

Direct Investment – As a Top 50 Venture Capital Company in China, Veken manages over RMB 15 billion assets and has maximized investment value in dozens of companies involving Feng Fan Stock, Teng Bang International, Dragon Management, Lily, Zhi Chun Technology, Cai Tong Securities and other industry-renowned companies. Over 80% companies in the portfolio have executed successful IPOs in China and pioneered transformative innovations in their respective industries.

Investment Fund – As the managing partner of State Development & Investment Corporation (“SDIC”) with over RMB 50 billion investment capital under management. Veken is devoted to creating and improving value of world-class, industry-leading high-tech companies. The major investment projects include the first phase of SDIC Venture Capital Management Fund of RMB 12 billion, SDIC (Shanghai) Scientific and Technological Achievements Transformation Fund, SDIC Jing-Jin-Ji Scientific and Technological Achievements Transformation Fund, SDIC High-tech (Shenzhen) Venture Capital Fund, and the first phase of SDIC (Ningbo) Scientific and Technological Achievements Transformation Fund of RMB 10 billion.

National Key Scientific and Technological Achievements Transformation Projects

As the managing partner of SDIC, Veken focuses on marketization and industrialization of revolutionary scientific and technological achievements and makes investments in intelligent chips, information security, advanced manufacturing, energy technology, biomedicine and other strategic industries.

  • Intelligent Chips

    Cambricon Technologies Co., Ltd.:A pioneer and the first unicorn startup company in the field of AI chips in the world. Cambricon Technologies has been engaged in developing specialized chips for deep learning processors and offering solutions to large-scale data processing of AI chips. It is also elected as one of the fifteen "World Internet Leading Scientific and Technological Achievements" at the Third World Internet Conference.

    Jin Rui Hong Technology Co., Ltd.:Specialized in developing and manufacturing semiconductors, it is the only Chinese company with complete manufacturing capacity and production lines of diversified silicon-based components and chips. With a major breakthrough in the 8-inch semiconductor silicon wafer field, it breaks up the technological blockade of foreign dominance and has become China’s largest manufacturer of silicon wafer.

    Hangzhou Lion Microelectronics Co., Ltd.:Lion Microelectronics is China’s largest chip manufacturer and supplier of discrete semiconductor devices and semiconductor silicon materials. It has industry-recognized potential in manufacturing semiconductors and integrated circuits.

  • Information Security

    Qihoo 360 Technology Co., Ltd.:An industry-leader in cyber security in China, providing a wide variety of internet security products and services to Chinese governments, companies and entities. It won over RMB 100 million national research funding in the Major National Science and Technology Project of "New Generation Broadband Wireless Mobile Internet".

    Bangsun Technology Co., Ltd.:A developer of real-time risk control systems for financial institutions, with professional teams in financial transactions and risk management technology development.

    Hyperchain Technologies Co., Ltd.:A provider of enterprise-level blockchain platforms with technologies in container cloud, core algorithm and management facilities. It also provides solutions to data trading system, supply chain finance system and securities assets system.

  • Advanced Manufacturing

    Fortune Precision Equipment Co., Ltd.:A manufacturer of high performance precision machine components. It executes a few National Major Scientific and Technological Projects such as "Very-Large-Scale Integrated Circuit Manufacturing Equipment and Completed Techniques" and manufactures precise machinery components for C919 Series and other machines.

    Piotech Co., Ltd.:A leading developer of ultra-thin film equipment for use in the large-scale integrated circuit industry. It undertakes a few National Major Scientific and Technological Projects and owns numerous IP rights.

  • Industrial Internet Projects

    Veken initiated and co-founded Ningbo Industrial Internet Institute and successfully brought in highly distinguished scientists and research teams in the industrial automation industry. Veken is devoted to creating an innovation ecosystem within the industrial automation industry and nurturing the "1+N" mode of national innovation platform and industry cluster.

  • 1: Industrial Internet Institute

    Along with Prof. Chu Jian and his team, Veken and SDIC co-founded Ningbo Industrial Internet Institute with mission to fuel the industrial internet, industrial operation system, industrial apps and industrial control and safety system in China. This groundbreaking project is an effort to seed highly innovative companies, as well as advance the growth of industrial internet industry, intelligent manufacturing and industrial control technology in China.

    The major themes include "Made in China 2025" and industrial internet, with focus on incubating startups with disruptive innovations in intelligent manufacturing, robots, industrial internet of things ("IIOT") industries.

  • N-1: Industrial Operating System (supOS)

    A fully integrated plant information system, which is central to the project's success, is about to be launched. With eight functional modules running in parallel ranging from industrial big data integration platform, industrial artificial intelligent engines to industrial internet cloud platform, the system consolidates equipment technology, process technology, operating technology, automation technology and information technology into one management interface. Much like an industrialized Android system, supOS will set new industry standard for operational excellence in industrial organizations and advance China's intelligent manufacturing.

  • N-2: Industrial Control System ("ICS")

    The talented research teams have independently developed a long and successful record of cutting edge security technologies and masters core principles and technology of mainstream ICS operations in both domestic and international context, remaining at forefront of technological development in ICS industry. The teams execute a number of critical national projects in ICS industry regarding military equipment, military technology, as well as infrastructure security in the Three Gorges Dam, China National Nuclear stations and Sinopec drilling sites.

  • N-3: Controller Chips

    Breakthroughs in the development of CMC (Control Module on Chip), VLSI (very-large-scale integration) and micro components have been achieved by the research teams. Potential applications involve IIOT industry, human-machine Interface and high-precision sensing measurement.

  • Ningbo Industrial Internet Institution Co., Ltd.
    Zhejiang Lan Zhuo Industrial Internet Information Technology Co., Ltd.
    Zhejiang Guo Li Wang An Technology Co., Ltd.
    Ningbo Supcon Microelectronics Co., Ltd.