Far East Holdings Venture Capital has achieved good results again

Far East Holding Group, a global investment management expert, adheres to the corporate development strategy of "main business + investment", focusing on
investing in enterprises in smart energy, health, consumption, culture, food and beverage, advanced manufacturing, industrial automation, TMT and other industries 。 The capital market performance of its invested enterprises is excellent: Beijing All-Star Space Technology Co.
, Ltd.
(hereinafter referred to as "Owhat") received tens of millions of strategic investment, Tianjin Zhongxiang Tenghang Technology Co.
, Ltd.
(hereinafter referred to as "Zhongxiang Tenghang", "870183") was approved for listing on the New Third Board, and Guangdong Zhengye Technology Co.
, Ltd.
(hereinafter referred to as "Zhengye Technology", stock code "300410") was approved by the China Securities Regulatory Commission for issuing shares and paying cash to purchase assets and raise supporting funds
.

On November 24, 2016, Owhat, a fan service platform, received tens of millions of A+ round strategic investment
from Taihe Music Group.
Owhat, which focuses on serving fan users, was born in September 2014, and in just two years, Owhat has completed 3 rounds of financing
.
In July 2015, Far East Holdings entered Owhat through the PreA round; In the A round of financing in May 2016, Owhat received tens of millions of institutional investment, and Far East Holdings increased investment
.

Owhat's current business on the platform is mainly B2C, has settled in more than 3,000 fan sites, cooperated with more than 300 entertainment companies, more than 50% of registered users are consumer users, and the annual per capita consumption is more than
500 yuan.
Unlike other fan platforms, Owhat did not start from the celebrity information field, but directly cut into the trading sector
.
On the Owhat platform, a large number of core fans
with strong spending power and willingness to consume have gathered.
Simply put, Owhat is a tool
for serving fan clubs and entertainment companies.
These companies can use this tool to manage their fan activity and fan buying behavior, such as shopping, support, giving benefits, next tasks, etc
.

On November 30, 2016, Far East Soaring, a subsidiary of Far East Holdings, invested by Far East Smart Energy Co.
, Ltd.
(hereinafter referred to as "Smart Energy" and "600869"), received a letter of consent from the stock transfer system, and China Soaring officially landed in the capital market
by way of agreement transfer.
Founded in 2012, Zhongxiang Tenghang belongs to the high-tech industry, with high professional requirements and high entry barriers, and has a large
space for future development.
The UAV technology products of Zhongxiang Tenghang are mainly used in the power inspection, fault monitoring, data acquisition and other fields
of the State Grid.
Based on the future high growth of the industry in which Zhongxiang Tenghang is located and the synergy of the smart energy industry chain, smart energy invested in Zhongxiang Tenghang in 2015, strengthened the business layout of smart energy in operation and maintenance monitoring and terminal energy efficiency control and control, further consolidated the whole industry chain service profit model of smart energy "planning and design-product supply-construction and installation-operation and maintenance monitoring-energy efficiency management-general contracting service", and promoted the flow entrance of smart energy in distributed energy, smart microgrid, terminal energy efficiency control and control, Extended development
of energy-saving cloud platform and carbon asset management and other back-end links in the network.

Zhengye Technology issued an announcement on November 25, 2016 that after the deliberation of the 88th M&A and Reorganization Committee Working Meeting of the M&A and Reorganization Review Committee of Listed Companies of the China Securities Regulatory Commission in 2016, Zhengye Technology purchased Pengyuwei and Xuanshuo Optoelectronics by issuing shares and paying cash, and was unconditionally approved
.
This acquisition is conducive to the implementation of the company's horizontal integration strategy and the integration
of the industrial chain around the automation equipment manufacturing industry.
After the completion of this acquisition, Zhengye Technology will increase the R & D, production and sales capabilities of automated welding equipment and LED automation production equipment on the basis of PCB precision processing and testing automation equipment and LCD module automatic assembly and testing equipment, and further improve the company's industrial layout in the field of automation through the horizontal integration of the industrial chain, give full play to synergies, enhance core competitiveness, improve profitability, and help to build itself into an excellent automation equipment system
。

Founded in 1997, Zhengye Technology is a key high-tech
enterprise of the National Torch Plan specializing in R&D, production, sales and technical services of precision instruments and equipment and high-end electronic materials 。 At present, the company has a customer base, including Huawei, BYD, Foxconn, ATL New Energy, Gree Group, Huiya Group, Founder Group, Shennan Circuit and Shengyi Technology and other well-known enterprises at home and abroad, the market covers the entire Pearl River Delta and Yangtze River Delta region, and radiates to the whole country, but also exported to Russia, the United States, the United Kingdom, South Korea, Brazil, Singapore, Thailand, Malaysia, Vietnam, Hong Kong, Taiwan and other countries and regions
.

Far East Holdings has repeatedly achieved good results in foreign investment, and the overall investment results are excellent
.
As of November 30, 2016, the total number of investment enterprises reached 329, a total of 85 were listed (including 28 on the New Third Board), 1 was pending issuance and 20 were pre-disclosed
.