Beijing E-Town Capital International Investment & Development Co Ltd (E-Town Capital) was established in February 2009. It is a State-owned investment corporation for scientific and technological innovation and industrial transformations and improvement in the Beijing Economic-Technological Development Area (BDA). As of the end of June 2023, the company's total assets exceeded 111.7 billion yuan ($15.30 billion), and the total owner's equity amounted to nearly 79.5 billion yuan.
Its main subsidiaries include Beijing E-Town International Industrial Investment Management Co Ltd, Beijing E-Town International Automobile Investment Management Co Ltd, E-Town International Holding (Hong Kong) Co Ltd, Beijing E-Town International Financing Guarantee Co Ltd, Beijing E-Town International Financing Leasing Co Ltd and Beijing Tongming Lake IT City.
E-Town Capital closely focuses on the objectives of "Being an innovative service provider in industrial finance, science and technology parks and capital operations", and places a strong emphasis on the leading industries of new-generation information technology, biotechnology and big health, new energy smart vehicles, robotic and intelligent manufacturing.
The company actively serves the "four centers" construction goal, namely ensuring Beijing's strategic position as the national political center, cultural center, center for international exchanges and scientific and technological innovation center.
In terms of industrial investment, E-Town Capital adopts long-term strategic investment, and actively participates in overseas mergers and acquisitions. E-Town Capital has established a comprehensive and full-process fund of funds (FOFs) system. Its investment fund types cover angel funds, VC, PE, M&A and other modes.
In terms of financial service, E-Town Capital gradually improves financial services such as financing guarantees and financing leasing, and actively assists small and medium-sized enterprises (SMEs) in innovation and development.
E-Town Capital has developed a featured science and technology industrial park called the BDA National Information Technology Application Innovation Industrial Park. The park employs a strategic guidance + application-driven + concerted efforts + group breakthrough model meant to deepen the integration of the industry, capital and services chains while facilitating rapid industrial development.
By the end of June 2023, E-Town Capital had nearly 200 investment projects under management, with a total investment of more than 91.5 billion yuan. They include 65 fund investments with a paid-in capital of 47.5 billion yuan, and the total fund size reaches 673.9 billion yuan.