Look for the next "Bao Zun" to nurture China's innovative power! - “New Access Capital"

From May 4th to May 5th, from “May 4th Youth Day” to Lixia, New Access Capital’s “New Access Prospect” (No.1 Fund), “New Access Qianlong” (No. 2 Fund), and “New Access  Qian Jun "(No. 3 fund), "New Access Qian Tai" (No. 4 fund), and "New Access Qian Xiu" (No. 6 fund) held the 2017-2018 annual fund meeting in Pudong, Shanghai. The theme of this year's annual meeting is: Finding the next “Bao Zun” and cultivating China’s innovative power.

At the annual meeting on May 4th, first of all, Mr. Sun Jian, CEO of BTG Home Group, and Mr. Teng Binsheng, Professor of Strategy of Cheung Kong Graduate School of Business respectively delivered speeches. Professor Teng used to be a guest to participat in the annual meeting, and this time he participate as LP, feeling particularly cordial and excited. Mr. Sun Jian, as a well-known "entrepreneurial entrepreneur," has attended almost every year. This time, he also put forward higher expectations and requirements for New Access. The companies that sent video congratulations include: Yu Gang, founder of Yiyao Net, Duan Wei of Founder Huiliang Technology, Zhao Yingguang, founder of Han Duyi She, Bai Dongli, founder of Hot Cloud Data, Financial Director of Beauty Lizhuang and renowned host Yuan Ming .

Then, the five business representatives invested by New Access: Zhu Zhengguo, CEO of Beituo Capital, Cai Hongli, Senior Vice President of Yihai Rental Car, Ye Zixiao, CEO of Ye Tan Finance, Han Du Yi She’s director secretaries Liu Jiakun and Pesano’s secret secretary Wang Yanjie did a wonderful business sharing.

Finally, Dr. Qian Xuefeng, Chairman of New Access Capital, gave a written report on the annual working conditions of the New Access Capital No. 1, No. 2 and No. 3 venture capital funds. The New Access No. 1 Fund has been fully allocated to “net profit” since last year, DPI has reached 170% and many projects will be withdrawn in the second half of this year. The withdrawal and distribution (DPI) for the New Access 2 project is already close to 80%, and it will enter the “net dividend” stage in the second half of the year. On the basis of the amount of investment, New Access 3 will invest more than 85% of its capital in “excellent” or “excellent” companies.