IBI is a leading domestic industrial internet company, listed on the Shanghai Stock Exchange's main board on July 30, 2019. The company is based on industrial e-commerce, supported by industrial big data and industrial digitalization, and provides online goods trading, commercial information services, and digital technology services for related industries. IBI is committed to the deep integration of new technologies such as the internet, IoT, big data, cloud computing, and AI with traditional industries to achieve the value mission of using industrial digitalization to promote cost reduction and efficiency enhancement in traditional industries.IBI currently has three business segments:1. Industrial Information Service Platform—Guolian Resource Network;2. Industrial E-Commerce Platforms—TDD, WDD, BDD, ZhiDuoDuo, FDD, LYDD;3. Digital Technology Service Platform—Guolian Cloud.Against the backdrop of the rapid development of the industrial internet and industrial digitalization, the company vigorously implements a platform, technology, and data strategy, continuously delving into the supply chain and industrial chain, and has achieved sustained rapid growth in recent years.

In order to further seize the significant opportunities of industrial internet development, actively position in advantageous tracks, and fully incubate and empower outstanding enterprises and projects,supporting the company's fast sustainable growth and long-term development strategy, the company has proposed the plan of investing and establishing an industrial internet investment fund. By utilizing fund investment to combine industry and finance, strategically positioning in future-oriented key track fields like industrial internet and digital technology can promote the company's industrial internet development strategy which centers on “platform, technology, and data.” Furthermore, it also enables the company as a leading industrial internet enterprise to drive and assist many excellent companies in the industry to accelerate development, collaborate and win together, jointly contributing to the innovation and upgrade, cost reduction and efficiency enhancement, and long-term sustainable development of various industry fields in China.

Based on the IBI industrial background and business accumulation, the company fully emphasizes cooperation with distinguished professionals from the capital market. After thorough communication and in-depth exchanges, several capital market veterans, represented by Mr. Xu Hai who has over 20 years of investment banking and equity investment experience, serve as key partners to the company. Together they established and manage the Honghu One Venture Capital Fund. Mr. Xu Hai was formerly an Executive Director of Goldman Sachs Gao Hua and Managing Director of ICBC International. He was not only one of the first A-share listing sponsorship representatives in China but also the first sponsorship representative introduced by Goldman Sachs into China and a key figure in founding a joint venture brokerage; he also holds professional qualifications in both the US and Hong Kong capital markets, having handled financing or listing projects for large enterprises such as Mindray Medical, Bank of Ningbo, Ping An Insurance, Bank of Communications, and Agricultural Bank of China. As a founding partner, he set up ICBC's first equity investment fund platform and successively completed over tens of billions in equity investment and mezzanine financing projects for quality enterprises like Midea Group, Focus Media, and 37 Interactive Entertainment. He also serves as a director of the listed company Midea Group and as an economic advisor to the Zhangjiakou Municipal Government, contributing strategies to empower its development.

Apart from IBI and its management team, the investors in the Honghu One Venture Capital Fund also include the market-renowned Shengjing Parent Fund, and several investors from industry and finance sectors who have recognized and supported the fund. The main investment directions planned by the fund include:1. Industrial Internet field: One aspect is combining IBI's strategic development plan to invest and empower newly identified promising business segments after thorough evaluation; the other is continuously discovering and selecting excellent innovative enterprises within the broader scope of the industrial internet and its upstream, downstream and related fields, helping these innovative enterprises through IBI and its ecosystem to continuously optimize business structure, expand enterprise scale, improve corporate governance, accelerate enterprise development and access to the capital market, thus aiding them in becoming industry benchmarks and leaders in niche tracks.2. Digital Technology field: Focusing on the themes of digital economy and digital factory, emphasizing excellent companies in areas like industrial software/SAAS, intelligent manufacturing/automatic control, digital twin/industrial metaverse, etc.

In the future, Honghu One Venture Capital Fund and IBI will continuously deepen cooperation with partners in the industrial and financial circles in terms of investment and financing and industry-finance integration, further consolidating the industrial ecosystem, promoting common development and sustainable growth of the industrial internet industry, achieving a win-win effect where 1+1>2.

Honghu Zhiyuan Investment:

For business cooperation and investment and financing needs, please send to: bp@ueiibi.com