JD Capital: Embrace the Best Time


Time flies and season turns. Another year has passed. 

Looking back on 2015, JD Capital, shipping along with the time, devoting to the reform and development of the capital market, has never slowed down for even one moment. 

On this happy occasion of Chinese lunar new year, the staff of JD Capital would like to express our sincere regards and best wishes to our investors, entrepreneurs, friends and partners that have always concerned and supported JD Capital. We wish you and your family happy and healthy in the new year 

Steady and cautious, seizing opportunities of the era 

Looking back, the equity investment industry has not developed for a long time in China. Since 2000, we went through the shining moments and shifts from “growth stock investment” to “Pre-IPO investment”, and then to “M&A investment” within only ten-odd years. 

In 2015, though the economy keeps slowing down and the capital market fluctuates, the further promotion of supply side structural reform has continuously released reform dividend. Seen in the medium and long term, the trend of “entrepreneurship and innovation”, emerging innovative start-ups, and growing M&A integration shows that the Chinese economy is still strongly competitive globally. 

Meanwhile, the marketization reform of the Chinese capital market is accelerating. With the coming registration system and the strategic emerging industries board, the continuous development of the National Equities Exchange and Quotations (NEEQ) and the improvement of supporting policies and capital tools for M&A, we are about to usher in the best time for the equity investment industry. 

With innovation and entrepreneurship, marching forward with investors and corporate partners 

In 2015, JD Capital was rewarded the best PE firm in China for the third time due to our excellent performance, and was listed for the 7th year consecutively among the Top 10 PE Firms of China (by Zero2IPO Group). 

In 2015, equity capital managed by JD Capital increased by 7459 million yuan in paid amount, by 6874 million yuan in investment amount, by 10 projects that have got approval to issue or have issues, and by 32 new projects listed on the NEEQ. Up to 2015, the comprehensive internal rate of return (IRR) of all exited projects of the company amounted to 29.08%. 

It has been nine years since we established this company. All along the way, we have been abiding by the spirit of innovation and entrepreneurship, sticking to the idea of value investment, participating actively in the upgrading, transformation, reform and development of Chinese economy, and have contributed to the optimization of social resource allocation through investment. 

The year of 2016 has come. It is still the shared idea and goal of every JD Capital staff to create continuous and high rewards for investors and shareholders, and to help every invested company and real economy to pursue continuous growth. JD Capital is looking forward to mutual development in this best era.