Khorchin, Inner Mongolia–May 29th, 2013-Inner Mongolia Rider Horse Industry Co., Ltd has confirmed thatit has closed its RMB45 million series B funding with lead investor CDF Capital, a leading private equity fund manager in China.“Rider Horse has seen tremendous growth and success since ourinvestment last August,” said SMC Capital ChinaPartner San Eng, “This round of expansion capital will help Rider cement its position as the leading integrated..
Read More »Hospital IT is an industry with very strong aboriginality, foreign institutions can't adapt in it, which gives the opportunity to Chinese entrepreneurs. Congyue Tai, graduated from the medical school for more than ten years, engaged in hospital equipment sales, started to notice the business opportunity, he united university classmates Xingwei Wang etc. to found Senyint in June 2010. They chose to develop PACS system in the beginning. Tai said, t..
Read More »From online booking registration to the popular medical app, from improving the hospital management level in technical means to enhance doctor's diagnosis level in technical depths, thehealthcare sector has been a promising venture area. Transforming the Internet industry with information technology has always been hotinvestment area.China Business interviewed SMC3Partner Kevin Ren on venture capital in the field of medical information. He comm..
Read More »China growth capital private equity firm SMC Capital China has made a RMB30m ($5m) Series A investment in medical IT company Dalian Senyint International Digital Medical System, AVCJ has reported. SMC Capital China is part of Hong Kong-based private equity and alternative asset investment firm Simon Murray Group (SMG).#Established in 1997 by Murray, the former CEO of Hutchison Whampoa and executive chairman of Deutsche Bank Asia, SMG is..
Read More »SMC Capital China, the early growth capital platform of veteran investor Simon Murray, has closed RMB30 million ($5 million) Series A investment in Dalian Senyint International Digital Medical System, a hospital IT solutions provider.The investment will be used to support the firm's hospital IT solutions development.According to industry statistics and SMC's own research, aggregate hospital IT market in China is estimated to be RMB15 billion, and..
Read More »Simon Murray, chairman of the firm behind the private navy (Dustin Shum)BRITAIN’S first private navy in almost two centuries is being created by a group of businessmen to take on the Somali pirates who are terrorising a 2.5m square mile expanse of the Indian Ocean.Its armed vessels — including a 10,000-ton mother ship and high-speed armoured patrol boats — will be led by a former Royal Navy commodore. He is recruiting 240 former marines and other..
Read More »SMC Capital China, a subsidiary of Hong Kong-based Simon Murray Group, signed an agreement with Khorchin Rider Horse Co Ltd on Monday, the largest private enterprise in China’s horse breeding industry to form a joint venture, with the aim to develop the horse industry company into a global leader in the area.The total investment into Rider exceeded 120 million yuan ($18.9 million), and SMC Capital China injected 60 million yuan in the joint ventu..
Read More »SMC Capital China (“SMC3”) announced today that portfolio company Momoyoyo (www.momoyoyo.com, “Moyo”, Chinese name “魔友”), China’s largest pet supplies retailer, closed its Series B financing with lead investor Sumitomo Corporation Equity Asia Limited (“Sumitomo”) and co-investors Capvent Asia (“Capvent”) and SMC3. The company will use this round of financing to accelerate national expansion and improve customer service. “Sumitomo is bullish ab..
Read More »Andy Xue sees a business opportunity in helping consumers pack their membership cards for a smart and light shopping experienceAs consumers weary of carrying bulky membership cards in purses or wallets, Chinese entrepreneur Andy Xue, 37, takes advantage of a blossoming business opportunity. A year ago, he opened his own mobile application business called Mokard – pronounced similar to "no card" in Chinese. To date, the company has ..
Read More »SMC Capital China (SMC3) announced today that their Wuxi funds (joint ventures between SMC3 and Guolian Group), China Merchant Hidden Jade Fund, Dragonrise Capital, Delta Capital and others invested RMB210m in Jiangsu Sanhuan Holdings Inc. (“Sanhuan”), China’s leading clean battery manufacturing equipment producer. This round of financing will be used in growing business for its existing products, developing new products, and expanding into dome..
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