Feature Event

CVCA Annual Members Summit 2011 Review

With the theme of Raising Standards and Creating Value for Greater Industry Development, the CVCA Annual Members Summit 2011 was successfully held in Sanya, Hainan Province from November 17 to19, 2011.

As one of the most important and recognized summits in China's VC/PE industry, it attracted over 100 guests ranging from VC/PE investors, government officials, and academics to financial service providers. Mr. Yichen ZHANG, CVCA Chairman and CEO of CITIC Capital, Mr. Youxin CHEN, Managing Director of China Securities Co Ltd and Ms. Zhenling XU, Deputy Mayor of Sanya, Hainan delivered the welcome speech. Mr. Kang JIA, Director of Research Institute for Fiscal Science, Ministry of Finance, also delivered the keynote speech at the luncheon.

As a title sponsor for the last three years, this summit was strongly supported by China Securities Co Ltd. The CVCA summit this year was different from previous years in that it was a small but high-level gathering. There was a charity auction at the welcome dinner and all the donations went to Green River, an NGO contributing to Yangtze River protection. The participants gathered to communicate and share best practices in China's VC/PE industry and the summit was a great success.

CVCA Annual Members Summit 2011 was successfully held in Sanya

With a theme of Raising Standards and Creating Value for Greater Industry Development, CVCA Annual Members Summit 2011 was held successfully in Sanya of Hainan province during November 17-19, 2011. As one of the most important and recognized summits in China's VC/PE industry, it attracted over 100 guests ranging from VC/PE investors, government officials, academics to financial service providers. Mr. Yichen Zhang, CVCA Chairman and CEO of CITIC Capital, and Mr. Youxin Chen, Managing Director of China Securities Co Ltd delivered the welcome speech. Mr. Kang Jia, Director of Research Institute for Fiscal Science, Ministry of Finance, also delivered the keynote speech at the Luncheon. As continuous three years title sponsor, this summit was great support by China Securities Co Ltd. CVCA summit this year was different from previous years’, it is a small but high level gathering. There is a charity auction in the welcome dinner, and all the donations went to Green River, a NGO contribute to Yangtze River protection. The participants gathered to communicate and share best practices in China's VC/PE industry, and the summit ended with great success in Sanya.

Zhejiang is one of the most developed and active economies in China. The province has accumulated rich capital and entrepreneurial resources through years of fast development.

New Publication

CVCA Issued the Chinese Version of the International VC/PE Valuation Guidelines

In order to establish and promote the best practices for the valuation of Venture Capital and Private Equity (VC/PE) industry in China, and to promote the sound and sustainable development of the VC/PE industry, CVCA has translated The International Private Equity and Venture Capital Valuation Guidelines which could be referred to by the market participants. We hope that The Guidelines can provide valuable guidance and assistance for you on the valuation of investments and investment portfolios. CVCA calls on all VC/PE institutions to learn from the international VC/PE valuation guidance and best practices, and to explore the best practices of valuation in the Chinese context to promote sound and orderly development of the industry.