Case Studies Of Shenzhen Capital Group Investment Method And Investment Performance

In the new economic times, the typical characteristics of venture capital with high risk and high returns have been developed in an unprecedented development, and the economic globalization has promoted the internationalization of venture capital industry. China’s venture capital industry from 1985 to date, with the continuous development of the economy,the venture capital industry has entered a stage of rapid development, the size of its fund-raising and investment projects are growing rapidly. But with the rapid development of the risk investment in our country, also because of blind investment, project management investment failure cases.Based on the research background, this paper mainly adopts case study method,combined with the comparative analysis and literature analysis, first of all, deep venture capital investment group is a comprehensive information collection, integration, access to deep venture group invested the prospectus of listed companies, enterprises, the annual report of listed after dig deep venture investment group investment enterprise data and after successful IPO exit data, contrast analysis due to their different ways of investment operation caused by the differences in investment performance, finally to summarize its investment way,improve the analysis conclusion.This thesis is divided into five parts. The first part is introduction. This chapter mainly introduces the background, purpose and significance of the research, the operation mode and investment efficiency of venture capital institutions are reviewed, and the research methods of this paper are introduced. First explain the need to study the background, prominent research purposes, the group on the academic value and the practical significance of the research;secondly, through the literature review for the back of the case analysis to provide necessary theoretical research foundation. The second part: the deep venture capital investment operation mode and the investment benefit case background analysis. Including macro and micro background. In the macro background, mainly introduces the Chinese venture capital industry features of operations and the economic and political background, at the same time,the present situation of Chinese IPO of venture capital investment benefit analysis, andcomprehensive analysis of the ranking of the industry 2010-2014. The micro background,mainly to Shenzhen capital group strategy, business analysis, around Shenzhen capital group of the of the comparison and analysis of the major competitors, and analysis of sub scale of investment, venture capital investment of time, whether the joint investment, whether government involvement, whether investment stage 5 items in the project of Shenzhen capital group investment and was successfully listed on domestic 57 companies were statistical analysis(see Appendix), for the following in-depth analysis of deep venture capital operation of the group and the benefit of investment to pave the way, and summarizes the characteristics of investment in the basic situation of Shenzhen capital group and the investment of the enterprises. The third part: the analysis of the investment operation mode of the deep venture capital group. First of all, this paper reviews the related theories of venture capital operation mode, and then analyzes the operation process and the characteristics of investment operation.The fourth part: the investment benefit case analysis of the different operation ways of the deep venture capital group. This chapter selects the specific case of Shenzhen Venture capital investment operation mode is analyzed in detail, including the analysis of Shenzhen Venture capital operation process analysis and venture deep existing mode of operation, in order to ensure the comparability of comparative analysis, comparison of the selected enterprises are the same industry, the scale of similar enterprises, the scale of investment, venture capital is divided into different investment time, joint investment, whether the government participation,whether analysis stage investment compared to five different investment mode of operation of the project investment benefit, the benefit of investment made by financial Wande database, to the carrying amount of the investment rate of return reflects, through the comparative analysis of relevant conclusions Shenzhen Capital Group investment operation and investment benefit.The fifth part: enlightenment. Through the analysis of the previous paper, we draw the inspiration to the future development of the deep venture capital group, the revelation to the venture capital industry and the enlightenment to the government’s participation in the venture capital investment.Venture capital investment institutions, in general, when making investment risk decision-making, to comprehensively consider the invested enterprise industry, as well as themicro and macro economic context, reasonably determine the development value, not a single preference in some high risk high return of investment operation mode, when deciding whether to introduce the government funds to carefully examine the invested enterprise, avoid by all means is simply to enjoy preferential policies of the government.