Luxin Venture Capital Group Co., Ltd. (600783.SS)

Luxin Venture Capital Group Co., Ltd., a subsidiary of Shandong Luxin Investment Holdings Group Co., Ltd., operates with a dual focus. Primarily, it functions as a private equity and venture capital firm, channeling investments into a range of businesses, from early-stage startups and emerging industries to those requiring growth capital, undergoing expansion, reaching maturity, or approaching an initial public offering (IPO). For companies in growth capital or emerging sectors targeting a listing on the Small and Medium Enterprise (SME) board, the firm mandates a prior-year sales revenue of at least RMB 100 million (USD 15.7165 million) and a net profit of no less than RMB 10 million (USD 1.57165 million). Conversely, entities seeking growth capital with aspirations for a Growth Enterprise board listing must demonstrate annual sales revenue of at least RMB 30 million (USD 4.71496 million) and a net profit exceeding RMB 3 million (USD 471,496). Its investment preferences span a wide array of sectors, including advanced manufacturing, modern agriculture, marine industries, novel materials, renewable energy, energy efficiency, environmental protection, low-carbon initiatives, information technology (including next-generation IT), biotechnology, sophisticated equipment, telecommunications, internet, logistics, education, medical services, healthcare, cutting-edge pharmaceuticals, fitness, food, consumer goods, contemporary services, cultural media, high technology, the new economy, and innovative business models. Geographically, these investments are primarily concentrated within Shandong province and across China. Beyond its investment activities, the company also operates in the manufacturing and global distribution of non-metallic mineral products. Its product portfolio in this segment encompasses a variety of abrasives and related tools, such as ceramic ultrafine abrasives, semi-friable alumina, white aluminum oxide granules, wear-resistant aluminum oxide, mono-crystalline aluminum oxide, various grinding wheels, silicon carbide rods, and abrasive cloth and paper, alongside power series and other complementary offerings. Additionally, Luxin Venture Capital supplies zirconium, semi-brittle, chromium, and white corundum, in addition to brown and white fused alumina, ceramic microcrystalline abrasives, and specialized alumina-infused liquid sprays and wear papers for laminated wood flooring. The specialized grinding wheels offered include types for rails, gears, tools, crankshafts, camshafts, and rolls, as well as resin cutting wheels. Headquartered in Jinan, China, the entity was previously known as Shandong Luxin High-Tech Industry Co., Ltd.

No mergers or acquisitions recorded for this company.