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Zhongzhi Capital

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Area served
  
China

Founded
  
2011

Headquarters
  
China

Website
  
zzcapital.com

Parent organization
  
Zhonghai Shengrong (Beijing) Capital Management Co., Ltd

Zhongzhi Capital (abbreviated as ZZ Capital) was founded in 2011 with registered capital of RMB 1bn, it is a multi-asset class focused asset management company which is headquartered in Beijing. It is one of the few institutions that have access to large amount of capital from a variety of funding sources, has the capability to work with companies at their highest strategic level, help them expand through acquisitions both domestically and internationally, transform their business through moving into new sectors, and facilitate industry consolidation. It is registered with the Asset Management Association of China.

Contents

Since its founding, ZZ Capital has focused on industry consolidation and investment of industry leading enterprises and listed companies, in the form of private equity investments, private placement, overseas acquisitions, management of M&A funds, as well as provision of M&A and strategic consulting services. It focuses on media and entertainment, internet and related services, high-end manufacturing, healthcare, financial services, information technology and logistics.

ZZ Capital utilise resources from a wide range of financial institutions, providing flexible financial solutions to clients. It has established strategic partnership relations with more than 30 companies, and owned a Hong Kong listed platform - ZZ Capital International.

ZZ Capital International is listed in Hong Kong Stock Exchange, and licenses for futures trading and asset management. September 7, 2016, ZZ Capital International had officially changed its name from "Asian Capital" to "ZZ Capital International”, with its Hong Kong Stock Exchange stock code (08295) unchanged. ZZ Capital will start its own asset management business, and assist ZZ Capital International to establish sustainable business eco-system. Besides the investment cycle of financing, investing, management and exiting, ZZ Capital International will leverage ZZ Capital's wide coverage in the United States, United Kingdom, Germany, Japan, Israel and other countries and regions, and to carry out business around the world.

According to China Venture Capital & Private Equity Annual Ranking 2015, it is the 18th largest domestic private equity firm.

Zhongzhi Capital is one of 73 private funds, including Sequoia Capital Equity Investment Management (Tianjin) Co. Limited, that are currently being investigated by the China Securities Regulatory Commission (CSRC) for multiple offences, and violations raised by the CSRC against Zhongzhi Capital Include:

Award Records

  • China's most active private equity investment institutions TOP10 of 2015, by China Venture group
  • China's most innovative venture capital and private equity investment institutions TOP10 of 2015, by China Venture group
  • China's best return on venture capital and private equity investment institutions TOP10 of 2015, by China Venture group
  • China's TOP 20 private equity institutions of 2015 (domestic), by Zero 2 IPO group
  • China's TOP 20 private equity institutions of 2015 (domestic and foreign), by Zero 2 IPO group
  • China's TOP 30 private equity investment institutions of 2015, by Chinese Venture Magazine
  • Ownership

    Zhongzhi Capital is owned by Zhonghai Shengrong (Beijing) Capital Management Limited Company and as Beijing zhonghai Jurong Investment Management Limited Company as to 95% and 5% respectively. The ultimate parent company of Zhong Hai Sheng Rong is Zhonghai Sheng Feng (Beijing) Capital Management Limited Company.

    Transactions

  • ZZ Capital is a strategic shareholder of ZhongNan (002445 A-Share listed), transforming it from an industrial product manufacturer to a large media & entertainment platform company. The market capitalization of ZhongNan before acquisition was RMB2.4bn. It reached RMB17.2bn by Jun. 30th, 2016, representing an increase of 616%.
  • In December 2014, Sanju (300072 A-Share listed) announced its private placement plan. ZZ Capital invested RMB400m and became the 5th largest shareholder, with 2.91% shareholding in the company.The market capitalization of Sanju was RMB17.9bn before the announcement of ZZ Capital’s investment. It increased to RMB32.6bn by 30th Jun. 2016. ZZ Capital has made almost 100% return over its initial investment.
  • In September 2015, Zhongzhi Capital and China Profit Investments Limited sold Huazhong Financing and Leasing Co Ltd to Jiangsu Fasten Co Ltd (a related subsidiary of ZZ Capital) for US$332 million
  • References

    Zhongzhi Capital Wikipedia