(Singapore, 26 Nov 2021)Through 3 months’ nomination and selection, Fortune Times, a Chinese business magazine in Singapore, held the hybrid award ceremony for the 7th Annual Fortune Times Awards on 25 November 2021 at Distrii Singapore. Suzhou YongXin FangZhou Equity Investment Partnership has been awarded the “ASIA’S MOST VISIONARY INVESTMENT COMPANY” at the 2021 Fortune Times Awards Ceremony.
Under the new normal of the post-covid-19 era, technological innovation has become the driving force for economic recovery and sustainable development. Suzhou YongXin FangZhou has been working on smart manufacturing, 5G, chips and semiconductors, new materials, lasers and optoelectronics for a long time, and has demonstrated its excellent investment vision, which made it awarded the “ASIA’S MOST VISIONARY INVESTMENT COMPANY” by the Fortune Times Award 2021.
Located in Suzhou Industrial Park, Suzhou YongXin FangZhou Equity Investment Partnership is the most dynamic private equity fund management institution in the park and is committed to becoming one of the most unique investment empowerment platforms even in China.
By the end of 2021, Yongxin Capital issued 8 investment funds, each with an average annualized investment return conservatively predicted to be above 70%, covering 5G, semiconductors, lasers and optoelectronics, medical devices, high-end equipment and other fields. The typical investment cases include Wintech-Nano, Huatai Electronics, Zhixing Technology, etc.
The company has been working on smart manufacturing, 5G, chips and semiconductors, new materials, lasers and optoelectronics for a long time, and has demonstrated its excellent investment vision, which made it awarded the “ASIA’S MOST VISIONARY INVESTMENT COMPANY” by the Fortune Times Award 2021.
Due to epidemic restrictions, winner representatives could not come to the award ceremony. Wei Yong, managing partner of Yongxin Capital, said in his acceptance speech via video, “As a localized private equity investment institution in Suzhou, Yongxin Capital adheres to the concept of co-creation fund, platform fund and empowerment fund. In the future, we will continue to focus on the needs of enterprises in various growth cycles, empower them and devote ourselves to creating an industrial resource co-integration circle.”
Ms. Annie Song, the Editor-in-Chief of Fortune Times, said in her opening remarks: “Compared to previous years, the success formula this year not only reflects the winners’ characters including the innovation in solving market pain points, leadership in business development under the epidemic, and the capability to expand the marketing platforms, but also highlights the strategic geographical location of Singapore’s, expanding business opportunities to China, to the region, and even to the world.”
This year, five awards were presented on the Fortune Times Awards 2021, including the “ASIA’S MOST VISIONARY INVESTMENT COMPANY” award, which criterial is eligible to investment institutions that are incubation centers, venture capital, private equity, asset management, and family offices of excellence in the Asia region. Candidate firms need to have at least 3 years of operation and sound management, and a track record of successful investments within the past 2 years. The firm should have a clear strategy to achieve investment on return as well as achieving a sustainable “green” mission in society.