Financing services offered to Xiangzhou startups
Updated: 2016-12-09 Print
A group of venture capitalists led by Xiangzhou government officials visited startups Zhuhai Shouchuang Electronics Technology and Tianshi Engineering Consulting, at Zhuhai's incubator on Dec 6, to provide advice on venture capital investment.
Zhuhai Shouchuang Electronics Technology is a high-tech firm established in 2014, specializing on R&D, manufacturing and selling robots aimed at controlling fires. The robots are capable of inspection, monitoring and firefighting.
Xiangzhou delegates inspect fire-control robots at Zhuhai Shouchuang Electronics Technology on Dec 6. [Photo / jrfwzx.zhxz.cn]
The delegates listened to the company's prospects and plans, and gave them advice on financing issues.
At Tianshi Engineering Consulting, general manager Mei Zhen detailed the company's engineering risk management platform which is based on a cloud database. According to Mei, the company's estimated value is about 54 million yuan ($7.8 million) and it plans to generate 2.7 million yuan in finance by transferring five percent of its stocks.
Xiangzhou government officials and a group of venture capitalists listen to companies' issues on financing. [Photo / jrfwzx.zhxz.cn]
The government officials from Xiangzhou District's financial service center and investment promotion service center vowed to help complete the companies with series A financing, as well as provide them with more comprehensive finance services in future.