Transferring LP shares of the fund holding OpenAI company shares; Seeking to purchase old shares of Weilan New Energy | Capital Information Message Board, Issue 169
In the asset trading market, information changes rapidly, and it's difficult to distinguish the authenticity of news. Even if both buyers and sellers spend a great deal of time and energy, facilitating transactions often encounters numerous difficulties. To help both buyers and sellers more quickly connect with market information and potential trading counterparts, and to avoid unnecessary investment and waste, we have specifically created this column.
This article is the 169th issue of this column. If you are interested in the relevant trading leads mentioned in this article and hope to contact these potential trading counterparts, or if you directly hold funds or assets that you wish to trade, you are welcome to contact us. (Email: zcjy@36kr.com)
I. New Additions This Month
1. Transfer of LP Shares in a Fund Holding Shares of OpenAI (Expected Valuation of Approximately $50 Billion)
Nature of the Seller: Direct Seller
Transaction Price: Expected valuation of approximately $50 billion
Asset Size: Approximately $50 million in shares
Transaction Method: LP shares, with management fees and carry
2. Transfer of LP Shares in a Fund Holding Shares of Anthropic (Expected Valuation to be Negotiated)
Nature of the Seller: Direct Seller
Transaction Price: Expected valuation to be negotiated
Asset Size: Approximately $50 million in shares
Transaction Method: LP shares, with management fees and carry
3. Transfer of LP Shares in a Fund Holding Shares of ByteDance (Expected Valuation of $345 Billion)
Nature of the Seller: Direct Seller
Transaction Price: Expected valuation of $345 billion
Asset Size: Approximately $60 million in shares
Transaction Method: SPV shares, requiring the full acceptance of $60 million in shares at one time
4. Transfer of LP Shares in a Fund Holding Shares of ByteDance (Expected Valuation of $340 Billion)
Nature of the Seller: Direct Seller
Transaction Price: Expected valuation of $340 billion
Asset Size: Approximately $100 million in shares
Transaction Method: SPV shares, requiring the full acceptance of $100 million in shares at one time
5. Transfer of LP Shares in a Fund Holding Shares of Zhongqing Technology (Expected Valuation to be Negotiated)
Nature of the Seller: Direct Seller
Transaction Price: Expected valuation to be negotiated
Asset Size: Approximately 60 million shares
Transaction Method: LP shares, with management fees and carry
5. Transfer of LP Shares in a Fund Holding Shares of a Leading Humanoid Robot Company (Expected Valuation of Approximately $39 Billion)
Nature of the Seller: Direct Seller
Transaction Price: Expected valuation of approximately $39 billion
Asset Size: Approximately 60 million shares
Transaction Method: LP shares, with management fees and carry
6. Transfer of LP Shares in a Fund Holding Shares of Zhiyuan Robotics (Expected Valuation of Approximately $25 Billion)
Nature of the Seller: Direct Seller
Transaction Price: Expected valuation of approximately $25 billion
Asset Size: Approximately 50 million shares
Transaction Method: LP shares, with management fees and carry
7. Seeking to Purchase Old Shares of OpenAI (Expected Valuation to be Negotiated)
Transaction Price: Expected valuation to be negotiated
Asset Size: Approximately $6 - 10 million
Transaction Method: Can accept entering the structure, and the price depends on whether to assume management fees and carry
Contact Information: zcjy@36kr.com
8. Seeking to Purchase Old Shares of Xiaohongshu (Expected Valuation of $38 Billion)
Transaction Price: Expected valuation of $38 billion
Asset Size: Approximately $10 million
Transaction Method: Can accept entering the structure
Contact Information: zcjy@36kr.com
9. Seeking to Purchase Old Shares of ByteDance (Expected Valuation of $320 Billion)
Transaction Price: Expected valuation of $320 billion
Asset Size: Approximately $30 - 50 million in shares
Transaction Method: Specifically depends on whether to assume management fees and carry
Contact Information: zcjy@36kr.com
10. Seeking to Purchase Old Shares of Xiaohongshu (Expected Valuation of Around $38 Billion)
Transaction Price: Expected valuation of around $38 billion
Asset Size: Approximately $30 - 50 million
Transaction Method: Can accept entering the structure, and the price depends on whether to assume management fees and carry
Contact Information: zcjy@36kr.com
11. Seeking to Purchase Old Shares of Weilan New Energy (Expected Valuation of 8 Billion RMB)
Transaction Price: Expected valuation of 8 billion RMB
Asset Size: Approximately $30 - 50 million
Transaction Method: Requires shares of a named shareholder
Contact Information: zcjy@36kr.com
12. Seeking to Purchase Old Shares of Henan Wuxing New Materials (Expected Valuation of 11 Billion RMB)
Transaction Price: Expected valuation of 11 billion RMB
Asset Size: Approximately $30 - 50 million
Transaction Method: Requires shares of a named shareholder
Contact Information: zcjy@36kr.com
13. Transfer of LP Shares in a Fund Holding Shares of Zhiyuan Robotics (Expected Valuation of Approximately $21 Billion)
Nature of the Seller: Direct Seller
Transaction Price: Expected valuation of approximately $21 billion
Asset Size: Approximately 60 million shares
Transaction Method: LP shares, with management fees and carry
14. Transfer of LP Shares in a Fund Holding Old Shares of Muxi Technology (Expected Valuation to be Negotiated)
Nature of the Seller: Direct Seller
Transaction Price: Expected valuation to be negotiated
Asset Size: Approximately 30 - 60 million shares
Transaction Method: LP shares, with management fees and carry
II. Asset Acquisition
1. Seeking M&A Targets in the Upstream and Downstream of the Medical Device Industry (Expected Valuation to be Negotiated)
Nature of the Buyer: Direct Buyer
Transaction Price: Expected valuation to be negotiated, requiring profitability
M&A Requirements: 1. Within Jiangsu Province (preferably within the cities of Suzhou, Wuxi, Changzhou, and Daxing); 2. Six major fields related to Linhua's business, including pain treatment consumables, interventional treatment consumables (including endoscopes), surgical operation consumables, innovative wound treatment consumables, and life support consumables such as anesthesia; 3. Consider active devices as well, mainly focusing on consumables (including equipment systems), excluding large imaging devices; 4. Require a core team to be fully committed.
Transaction Method: Invest 30 - 50 million to achieve at least 51% control, provide 100 - 200 million in funds and free office space and factory buildings, and provide a channel network for the enterprise through the company's 300 barrier merchants and over 3,000 distributors.
2. Seeking M&A Targets in the Upstream and Downstream of the Small Home Appliance Industry (Expected Valuation to be Negotiated)
Nature of the Buyer: Direct Buyer
Transaction Price: Expected valuation to be negotiated, within 2 billion
M&A Requirements: Requires profitability
Transaction Method: Controlling M&A, cash M&A, also considering strategic investment
3. Seeking to Purchase Old Shares of Songyan Power
Transaction Price: To be negotiated
Asset Size: Approximately 20 - 30 million RMB in shares
Transaction Method: Direct old shares
Contact Information: zcjy@36kr.com
4. Seeking to Purchase Shares of Dongfang Jingyuan Microelectronics (Expected Valuation to be Negotiated)
Nature of the Buyer: Direct Buyer
Transaction Price: Expected valuation to be negotiated
Transaction Amount: 20 - 30 million yuan in shares
Contact Information: zcjy@36kr.com
5. Seeking to Purchase Old Shares of Yushu Technology (Expected Valuation of 15 Billion RMB)
Transaction Price: Expected valuation of 15 billion RMB
Asset Size: Approximately 50 million shares
Transaction Method: Hopes for direct shares or LP shares without management fees
Contact Information: zcjy@36kr.com
6. Seeking to Purchase Old Shares of Yushu Technology (Expected Valuation of 15 Billion RMB)
Transaction Price: Expected valuation of 15 billion RMB
Asset Size: Approximately 50 million shares
Transaction Method: Hopes for direct shares or LP shares without management fees
Contact Information: zcjy@36kr.com
III. Asset Transfer/Increase in Capital
1. Transfer of LP Shares Holding Shares of Huolala (Expected Valuation to be Negotiated)
Nature of the Seller: Direct Seller
Transaction Price: To be negotiated
Asset Size: 2 million US dollars in shares
Transaction Method: LP shares, without management fees and carry
2. Transfer of LP Shares in a Fund Holding Shares of WoFei Changkong Technology (Expected Valuation to be Negotiated)
Nature of the Seller: Direct Seller
Transaction Price: To be negotiated
Asset Size: Approximately 60 million shares
Transaction Method: LP shares, with management fees and carry
3. Transfer of LP Shares in a Fund Holding Shares of Aifulight (Expected Valuation of Approximately $6.6 Billion)
Nature of the Seller: Direct Seller
Transaction Price: To be negotiated
Asset Size: Approximately 60 million shares
Transaction Method: LP shares, with management fees and carry
4. Transfer of LP Shares in a Fund Holding Shares of Rokid (Expected Valuation to be Negotiated)
Nature of the Seller: Direct Seller
Transaction Price: To be negotiated
Asset Size: Approximately 50 million RMB in shares
Transaction Method: LP shares, with management fees and carry
5. Transfer of LP Shares in a Special Fund for a Leading Generative AI Enterprise in the Innovative Drug Field (Expected Valuation to be Negotiated)
Nature of the Seller: Direct Seller
Transaction Price: To be negotiated
Asset Size: 10 million RMB in shares
Transaction Method: Management fee of 2%, carry of 20%
Other Instructions: LP shares, one - layer structure
6. Transfer of Old Shares of a Leading Commercial Aerospace Enterprise (Expected Valuation to be Negotiated)
Nature of the Seller: Direct Seller
Transaction Price: To be negotiated
Asset Size: 50 million RMB in shares
Transaction Method: Transfer of named shareholder shares
7. Transfer of LP Shares in a Special Fund for a Leading Project in the UHMWPE High - Strength Fiber Track (Expected Valuation of 3.8 Billion RMB)
Asset Highlights: The UHMWPE high - strength fiber produced by the company fills the domestic gap in this product. Previously, only DSM in the Netherlands and Honeywell in the United States could produce similar materials worldwide. Currently, the company has comprehensively surpassed them in terms of product performance, production technology, environmental protection, and cost. It is the world's absolute leader in both production and sales.
Nature of the Seller: Direct Seller
Transaction Price: 3.8 billion RMB
Asset Size: 30 million RMB in shares
Transaction Method: Management fee of 2%, carry of 20%
Other Instructions: LP shares, one - layer structure
8. Transfer of LP Shares in a Special Fund for Zongmu Driving, a Leading Enterprise in the Intelligent Driving Field
Nature of the Seller: Direct Seller
Transaction Price: 9 billion RMB before investment
Current Round: Pre - IPO round
Asset Size: 20 million RMB in shares
Transaction Method: Management fee of 2%, carry of 20%
Other Instructions: LP shares, one - layer structure, named direct investment
9. Transfer of Shares of a Leading Enterprise in the Semiconductor Wafer Field (Expected Valuation to be Negotiated)
Asset Introduction: The company owns a 200mm semiconductor wafer production base with leading technology and scale in China, as well as an advanced 300mm semiconductor wafer fully - automated intelligent production line in the industry. It has become one of the leading enterprises in the production and sales of large - size wafers in Mainland China.
Transaction Price: Expected valuation to be negotiated
Asset Size: Approximately 15 million RMB in shares
Transaction Method: LP shares
Contact Information: zcjy@36kr.com
10. Transfer of Old Shares of Inspur Cloud (Expected Valuation to be Negotiated)
Nature of the Seller: Direct Seller
Transaction Price: To be negotiated
Asset Size: 70 million RMB in shares
Transaction Method: Transfer of named shareholder shares
11. Transfer of Shares of Shein (Expected Valuation of $60 Billion)
Nature of the Buyer: Direct Buyer
Transaction Price: Expected valuation to be negotiated
Transaction Amount: 6 million US dollars in shares
Contact Information: zcjy@36kr.com
12. Transfer of Old Shares of Jinan Satellite Industry Development Group Co., Ltd.
Jinan Satellite has built a satellite factory with a total investment of 450 million yuan, which has been approved by the Development and Reform Commission. The factory is in the delivery and acceptance stage.
Nature of the Seller: Direct Seller
Transaction Price: To be negotiated
Asset Size: 39 million RMB in shares
Transaction Method: Transfer of named shareholder shares
13. Transfer of LP Shares of a Leading Company in the Quantum Instrument Field
Transaction Price: To be negotiated
Current Round: Pre - IPO round
Asset Size: Approximately 30 million RMB in shares
Transaction Method: LP shares
Contact Information: zcjy@36kr.com