On December 2, 2018, ‘The 2018 China Annual Venture Capital Persons Congress and the 20-year Grand Ceremony of China Venture Capital’ was successfully held in Xiangcheng, Suzhou. Mr. Gao Feng, the founder of Bright Stone Innovation Group, won the honor of ‘China's top 20 venture capitalists in 20 years’. At the same time, Bright Stone Investment Management Co., Ltd., a subsidiary of Bright Stone Innovation Group, was awarded the title of ‘Top 100 Venture Capital Institutions in China for 20 years’.

From December 1 to 2, 2018, ‘the 2008 China Annual Venture Capital Persons Congress and China Venture Capital Twenty-Year Festival’ hosted by China Venture Capital Commission was successfully held in Xiangcheng, Suzhou. The Festival used 20 years' time scale to measure the value of watch, and adopted a brand-new evaluation system to commend the places that have contributed to China's venture capital development in the past 20 years from three chapters: 20 years, cities and years. Districts, units, institutions and individuals should commend the advanced industries, set up industry benchmarks, publicize industry models and promote industry self-discipline.

The sponsor of the event, China Investment Association Equity and Venture Capital Professional Committee (hereinafter referred to as China Venture Capital Commission), is a national social organization approved by the National Development and Reform Commission (hereinafter referred to as the National Development and Reform Commission) and registered by the Ministry of Civil Affairs (Minshe Deng 6172, 2012), which is formally approved and registered by the competent government departments (social certificate). National Association of Equity and Entrepreneurship Industries.

Vice Chairman of China Investment Association  Zhiqun Shen

This year marks the 40th anniversary of China's reform and opening up. China's economy has gone through a magnificent 40 years. Every step of its progress can not be separated from the promotion of innovation and entrepreneurship, nor can it be separated from the contribution of China's venture capital. Venture capital has gone through 20 years since it was introduced into China in 1990s. In the past 20 years, a large number of outstanding venture capitalists have emerged, such as Xiong Xiaopigeon, Shen Nanpeng, Jin Haitao, Zhang Lei and Gaofeng. They interpret the value of their profession with their perseverance. Their faces draw a clear blueprint for China's venture capital, and their spirit shapes the spirit of the industry.

China Venture Capital’s 20-year 20 Venture Capitalist

Mr. Feng Gao

At the round table on the afternoon of December 1, Mr. Gao Feng, as chairman, and Mao Hengyu, founding partner of Yunqi Capital, Chen Wenjiang, founding partner of Fengrui Capital, Li Feng, Tiantu Capital Partner, Zhang Ke, founding partner of Chuangfeng Capital, and Liu Yi, executive general manager of Haier Capital, conducted a discussion on ‘how to discover and cultivate core innovation projects’.

Mr. Gao Feng believes that ‘the choice of investment marking standards has three main directions. The first is the choice of industry, the second is the choice of core players and teams, and the third is the core competitiveness. There are two main directions in the core competitiveness, which should be mode innovation or technological innovation.’

Mr. Gao Feng said that ‘in terms of core competitiveness, Bright Stone Innovation Group pays more attention to technological innovation. Hongyuan Oxygen Industry under Bright Stone is the leading enterprise in three subdivisions. There are also many entity holding enterprises under Bright Stone Innovation Group, which are also moving along the road of technological innovation. At present, we are setting up technology research institutes for our holding enterprises, which is the process of cultivation and empowerment.

In addition, Bright Stone Investment Management Co., Ltd., a subsidiary of Bright Stone Innovation Group, was awarded the title of ‘Top 100 Venture Capital Institutions in China for 20 years’.

Bright Stone Investment was founded in 2009, is a wholly-owned subsidiary of Bright Stone Innovation Group. It is one of the 22 venture capital management institutions registered through the National Development and Reform Commission. It is the joint chairman of the Professional Committee of Venture Capital of China Investment Association, the joint member unit of China Insurance Asset Management Association, and the general member unit of China Securities Investment Fund Association.

China Venture Capital’s 20-year Top 100 Institution