Celebrating the 40 years of reform and opening up, Haixi Morning News specially planned the special column - 40 entrepreneurial reforms in Siming District. The following is a summary of the news report of Zhang Yulei, president of the Beijing-based fund, who was interviewed by the Haixi Morning News.

    During the "98" Investment Fair this year, as an important part of the 5th "9·8 Talent Project Capital Cooperation Exhibition", the "Xiamen Talent Project Capital List" released for the first time attracted hundreds of companies. Among them, in the “most active investment fund TOP10”, Xiamen Jingdao Industrial Investment Fund Management Co., Ltd. (hereinafter referred to as “Jingdao Fund”) is on the list.

    Equity investment is an indispensable means of financing for innovation and entrepreneurship, which has greatly accelerated the success of the project. If the investor is the runner of the entrepreneur's entrepreneurial road, then the professional fund management company is the one who is the leader.

    Jingdao Fund is located in the Guanyinshan Business Operation Center in Siming District. Co-founder and President Zhang Yulei said that it is Xiamen's open and inclusive, Siming District's good policy implementation capability and quality service, which will make them willing to take root here.
    The construction of the cross-strait financial center started.
    Since its establishment in 2011, it has managed more than 30 funds including RMB equity investment funds and government industry guidance funds. The total assets under management have reached nearly 10 billion yuan. In just 8 years, the achievements of the Beijing Capital Fund can be said to be good.
    As one of the co-founders, President Zhang Xiaolei said with a smile that several of them are "foreign monks." In 2011, they were in Beijing, Shanghai, and Hong Kong, and they took a fancy to Xiamen's “investment land” and hit it in Xiamen.
   In 2011, the cross-strait financial center started construction. From the software point of view, it is necessary to build a multi-level capital market, and financial institutions and private equity fund management companies are essential. “Xiamen is a place where private capital is relatively abundant, but professional and regulated private equity fund management institutions are relatively scarce. We all believe that this is an opportunity for us in the context of the construction of cross-strait financial centers.” Zhang Yulei told reporters .
   China's venture capital industry and private equity industry have developed from the developed countries' risk investment model in 2004. They entered a relatively rapid development period around 2008. The GEM was launched in 2010, and various local governments began to develop vigorously around 2013. The government has guided the fund, and the industry has ushered in a rapid development. It was also during the “Twelfth Five-Year Plan” and the rapid development of the private equity industry that the Beijing Capital Fund came into being and became the first company in Xiamen to name the “Fund”.
   Siming implementation policy is fast and effective, enterprise development has no worries
   At that time, the private equity fund management institutions in Xiamen were relatively scarce and there was an objective demand. This is a favorable “soil” for the Jingdao Fund. Whether the government's policy of supporting venture capital and equity investment funds is sufficiently attractive, and whether the implementation of the policy is fast and effective is a key point for Zhang and his partners to consider.
   From the perspective of space construction, the cross-strait financial center started from Siming District. Therefore, at the beginning, Zhang Yilei set the office space in Guanyin Mountain. "In addition to this objective reason, the effectiveness and efficiency of the implementation of various policies in Siming District also gives us peace of mind."
   Zhang Yulei said that the choice of Siming District was also the basis for the steady development of the company. He told reporters that as a private equity fund management institution that attracts investment, there are more subjects to manage, and speed and efficiency are needed. The support and cooperation of the government is very important. "When registering a new subject, basically there are people on the street to help connect the relevant departments. The company only needs to prepare the complete materials, which saves the company a lot of time and energy, and comes to the unfamiliar business in Siming District. Said to be a very good service."
   On the policy landing, the strength of Siming District also made Zhang Yulei and his partners have no worries. “The policies in some places are very attractive, but when they are implemented, they become empty talk.” Zhang Yilei said, “This Siming District has not let us down. We support and encourage the development of private equity funds and venture capital funds. Policies such as tax incentives, housing subsidies, and school attendance for executives are quickly and effectively implemented."
   Over the years, the Jingdao Fund has set up more than a dozen management companies, and there are dozens of funds under management. The market size of the management is nearly 10 billion yuan. The vast majority of these funds and established institutions are located in Xiamen.
   The great era of reform and opening up, let enterprises go more stable and faster
   The Jingdao Fund consists of four professional investment teams: intelligent vehicles, environmentally friendly new materials, aviation military, and new generation information technology. The company is involved in the fields of power batteries and new materials, smart cars, integrated circuits, quantum technology, and environmental protection equipment. enterprise.
   In 2012, the jingdaoFund was selected as the national emerging industry venture capital fund management institution; at the end of the same year, it was selected as the strategic cooperation PE institution of the Industrial and Commercial Bank of China, and cooperated to establish the Tianneng New Energy Automobile Fund. This is two important nodes in the development of the Jingdao Fund. Since then, the Jingdao Fund has gone more stable and faster.
   Under the prestigious name, Zhang Yilei appears to be more "conservative." He said that the company's development is relatively stable. "It is also unintentional." Zhang Yilei said that the growth of the Beijing-Dollar Fund is actually the spread of word of mouth. The company is headquartered in Xiamen, and the investors in Weinan will closely observe whether the team is professional and responsible for doing things. After that, they are willing to give the money to the company to invest. The company is also constantly cultivating in the areas of its concern to explore some of the better projects, and strive to reduce the risk while bringing high returns to investors.
   "In the final analysis, we still have to thank the country and this era. Only in the great era of China and the great era brought about by reform and opening up, in the process of industrialization and urbanization, so many good investment opportunities will emerge. Only let our company develop." Zhang Yilei is deeply touched.