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IR

        In 2011, the first round of venture capital was invested in AVTrace by Shenzhen Pengde Growth Investment Fund Corporation.
        Pengde is the most outstanding high-tech industry investment holding corporation and established in Shenzhen in the early of 1990s. Now, it is developed to be diversified investment holding corporation engaging in six fields, including cloud computing, internet, real estate, finance, venture capital investment and emerging industry.
       
        The second round of venture capital was invested in AVTrace in 2013 by Guangdong Hengjian Investment Holding Co., Ltd, Guangzhou Sipulin Information Industry Venture Capital Corporation, Shenzhen Jinxing Venture Investment Fund Corporation, Canton Venture Capital Co., Ltd and Guangzhou Chuangdong Investment Co., Ltd.
 
 
        Guangdong Hengjian Investment Holdings Co., Ltd was established in 20th August, 2007. It is a solely state-owned investment holding company that is approved by the Guangdong Provincial People's Government and fulfilled the responsibilities of investor by Guangdong Provincial State-owned Assets Supervision and Administration Commission (hereinafter referred to as “provincial SASAC”). It extends regulatory functions of the provincial SASAC and is the tool of market-oriented operation, undertaking the mission, responsibility and function of four platforms in Guangdong Province, including “state-owned business financing platform”, “state-owned investment development platform”, “state-owned asset management platform” and “state-owned capital operation platform”. 
 
        Canton Venture Capital Co., Ltd was established in 25th November, 1999. It facilitates commercialization of technological achievements and industrialization of high and new technologies, thus promoting the development of high and new technology industries in Guangzhou by investing the high and new technology enterprises and technical innovation enterprises. It follows the principle of “Professional management and scientific decision-making”, following up the outstanding enterprises selected in numerous projects and carrying out detailed investigation and assessment. The Company has already invested for 70 projects until now.

 

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