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Zhou Yuxian Meets with Xiong Xiaoge, Founding Chairman of IDG Capital Company
Release date:
2020-04-14
Author:
Source:
China National Building Materials Group
On April 10, Zhou Yuxian, Secretary of the Party Committee and Chairman of China Building Materials Group, met with Xiong Xiaoge, the founding chairman of IDG Capital, and his party at the group headquarters. The two sides exchanged views on strengthening future cooperation and promoting high-quality development, and discussed new materials, new technologies and industrial M & A funds.
On April 10, Zhou Yuxian, Secretary of the Party Committee and Chairman of China Building Materials Group, met with Xiong Xiaoge, the founding chairman of IDG Capital, and his party at the group headquarters. The two sides exchanged views on strengthening future cooperation and promoting high-quality development, and discussed new materials, new technologies and industrial M & A funds.
Zhou Yuxian welcomed Xiong Xiaoge and his party and introduced the business development and business performance of the "three pillars" of basic building materials, new materials and engineering and technical services of China National Building Materials Group. He said that China National Building Materials Group, as a pilot enterprise of state-owned capital investment companies identified by the State-owned Assets Supervision and Administration Commission of the State Council, is accelerating transformation and upgrading, improving capital operation capabilities, and will strengthen the capital market layout in the future. As a well-known capital investment company in the industry, IDG has a wide range of project channels and rich experience in investment practice. It is hoped that the two sides will work together to carry out strategic cooperation in new materials and industrial mergers and acquisitions.
Founded in 1992, IDG Capital is the first foreign investment fund to enter China. For more than 20 years, IDG Capital has been focusing on investing in Chinese technology-based enterprises and enterprises driven by technology and innovation. Xiong Xiaoge expressed his gratitude to Chairman Zhou Yuxian for his warm reception and expressed his appreciation for the development and achievements of China Building Materials Group in recent years. He introduced the overall situation of IDG Capital and the recent fund investment, and expressed his hope to strengthen cooperation in industrial investment funds to help the development of China National Building Materials Group.
IDG Capital Company Partner Niu Kuiguang, Operating Partner Fang Jun; Chang Zhangli, Member of the Standing Committee of the Party Committee and Deputy General Manager of China National Building Materials Group; Cai Guobin, Vice President of China National Building Materials Co., Ltd., Chairman of China National Building Materials Investment, and Vice Chairman of China Jushi; Group Capital Operations Department Deputy General Manager (presiding) Zhang Hua attended the meeting.
Keywords:
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