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Cowin Capital Group

Native name	同创伟业集团
Company type	Public company
Traded as	NEEQ: 832793
Industry	Investment management
Founded	26 June 2000; 24 years ago (2000-06-26)
Founders	Zheng Weihe "Alex" Huang Li
Headquarters	Shenzhen, China
Products	Private Equity Venture Capital
AUM	US$4.7 billion (2022)
Website	cowincapital.com.cn
Footnotes / references

Cowin Capital (Cowin; Chinese: 同创伟业; pinyin: Tóngchuàng Wěiyè) is a Chinese investment firm based in Shenzhen, China. According to South China Morning Post, from January 2019 to May 2020, it was the tenth most active venture capital firm in China.

History

On 26 June 2000, Cowin was founded by Zheng Weihe and his wife, Huang Li using their own funds of RMB 80 million during the dot-com bubble. Zheng was previously a lawyer and had also worked at the Shenzhen Stock Exchange which gave him experience and contacts in handling initial public offerings (IPO).

In 2007, Cowin raised its first fund of RMB 50 million. Between 2007 and 2011, Cowin expanded rapidly raising five funds and RMB 4 billion in total. Cowin's funds had a shorter tenure of five years compared to 10 years which was common among their western counterparts.

Cowin's investment strategy was to look for "hidden champions" in "rising sectors" which were high growth companies that could lead their sectors in three to five years. Cowin would then use its expertise and contacts to guide these companies to an IPO.

In July 2015, Cowin became a publicly listed company on the National Equities Exchange and Quotations. According to its 2015 annual report, 90% of its income came from fund management fees.

References

1. ^ "Private Equity Findings (Issue 7 Winter 2012)" (PDF). Coller Capital. London Business School. Archived from the original (PDF) on 26 May 2023.
2. "China Internet Report 2020" (PDF). SCMP. 9 February 2023. Archived from the original (PDF) on 9 February 2023. Retrieved 9 February 2023.
3. ^ Tseng, Hsiang-Ching (5 January 2013). "Cowin Capital closes fifth fund on $386m". Private Equity International. Archived from the original on 9 February 2023. Retrieved 9 February 2023.
4. 刘平生; 何杰 (26 January 2022). 深圳经济特区金融40年 (in Chinese). Social Sciences Literature Press. ISBN 978-7-5201-9390-0. Archived from the original on 5 June 2023. Retrieved 3 July 2023.
5. "Investors - Linktel Technologies-Explorer of Datacenter Transceivers". www.linkteltech.com. Archived from the original on 9 February 2023. Retrieved 9 February 2023.
6. ^ "NEEQ's tighter listing norms spook PE firms 丨 Business". data:blog.title. Archived from the original on 9 February 2023. Retrieved 9 February 2023.

• Chinese companies established in 2000
• Companies based in Shenzhen
• Financial services companies established in 2000
• Investment management companies of China
• Private equity firms of China
• Venture capital firms of China