Shenzhen Capital Group (SCGC) was established by the Shenzhen city government in August 1999. SCGC fosters private industry, promotes development of new national brands, and encourages economic restructuring and upgrading of new industries. Currently, SCGC is the strongest and most influential domestic VC firm in China. The firm’s registered capital is 4.2 billion Yuan and funds under management are in excess of 40 billion Yuan.

SCGC invests primarily into small-to-medium-size-enterprises (SME’s) in innovative high-tech manufacturing and newly emerging industries.  Investments span early-stage to growth and include companies that transform their business models and those upgrading their technical capabilities. Industries favored by SCGC include; Internet and mobile, TMT, optics and electronics, IoT, advanced manufacturing, life-sciences, new materials, new energy, robotics, clean tech, logistics, consumer and retail, and modern agriculture. Shenzhen Capital Group has made 591 investment projects for a total investment amount of 17.8 billion Yuan of which 102 companies publicly listed via IPO.

SCGC pioneered the government-backed guidance fund (GBF) model in China, where SCGC combines itself with local, provincial, or central government and industry to form a GBF fund. SCGC currently has over 67 GBFs managing 14.2 billion Yuan and spanning the width and depth of China geographically and technologically. In 2010, Harvard Business School (HBS) wrote a case study on Shenzhen Capital Group.

SGCC’s outstanding performance is annually recognized as a top venture capital firm by key organizations such as; Zero2IPO, ChinaVenture, the National Development and Reform Commission (NDRC), the Investment Association of China Venture Capital Committee, FORBES magazine, Shanghai Securities News, Securities Times, et al.