Predict your next investment

Public-Private Partnership
cmhk.com

See what CB Insights has to offer

Investments

14

Portfolio Exits

3

Funds

1

Partners & Customers

5

About China Merchants Group

China Merchants Group is a state-owned conglomerate based in Hong Kong, under direct supervision of State-owned Assets Supervision and Administration Commission of the State Council. China Merchants Group is engaged in three business platforms: transportation, including the operation of ports, toll roads, logistics, vessel fleets, and building offshore equipment; finance, including banking, securities, insurance, fund, and asset management; and real estate development & operation.

China Merchants Group Headquarter Location

39-40/F China Merchants Tower, Shun Tak Center 168-200 Connaught Road, Central

Hong Kong

+852) 25428288

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest China Merchants Group News

PEP’s SAF joins Loscam line up, auction on horizon

May 2, 2022

Share There’s a shootout looming for Loscam’s Australian pallet pooling business. Weeks out from the auction, Street Talk’s hearing plenty of stories about private equity and infrastructure types running desktop due diligence on Loscam’s Australian pallets division, setting the scene for what could be a tight battle. Loscam shareholders, including Citic Capital and Chinese PE investor FountainVest, are keen to get bids for the Australian pallet business. Reuters The latest name on watchers’ lips is Pacific Equity Partners, which is understood to be considering a tilt via its new Secure Assets Fund (SAFII). PEP’s got little experience in pallets, but has always loved a corporate carve-out and particularly when it’s an Australian unit coming out of a bigger global company. PEP’s expected to take an information memorandum and financial model, due out in late May, when the process kicks off via Goldman Sachs and UBS. Advertisement Others hanging around the hoop include ASX-listed Pact Group, which has Citi on board considering all sorts of options, and the global buyout shops with Australian offices. Loscam shareholders, including Citic Capital and Chinese PE investor FountainVest, are keen to get bids for the Australian business, knowing that infrastructure funds are moving into the sector and multiples have soared above 10 times. Loscam Australia is a business that industrials bankers and buyout shops know well. The business was previously owned by Affinity Equity Partners, which sold to China Merchants Group for close to $700 million in 2010. China Merchants sold down its stake in 2018, selling more than 50 per cent of the company to Citic and FountainVest. Loscam management also retains a shareholding. Anthony Macdonald co-edits Street Talk, specialising in private equity, investment banking, M&A and equity capital markets. He has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter . Email Anthony at a.macdonald@afr.com Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Email Sarah at sarah.thompson@afr.com Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au Save

China Merchants Group Investments

14 Investments

China Merchants Group has made 14 investments. Their latest investment was in H-Chip Technology Group as part of their Series B on May 5, 2022.

CBI Logo

China Merchants Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/11/2022

Series B

H-Chip Technology Group

$14.85M

Yes

5

1/25/2022

Series B - II

Weigong Technology

Yes

5

12/23/2021

Private Equity

E-P EQUIPMENT

Yes

1

12/6/2021

Corporate Minority

Subscribe to see more

Subscribe to see more

10

8/26/2021

Series C

Subscribe to see more

Subscribe to see more

10

Date

5/11/2022

1/25/2022

12/23/2021

12/6/2021

8/26/2021

Round

Series B

Series B - II

Private Equity

Corporate Minority

Series C

Company

H-Chip Technology Group

Weigong Technology

E-P EQUIPMENT

Subscribe to see more

Subscribe to see more

Amount

$14.85M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

5

5

1

10

10

China Merchants Group Portfolio Exits

3 Portfolio Exits

China Merchants Group has 3 portfolio exits. Their latest portfolio exit was Innoviz Technologies on April 05, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/5/2021

Reverse Merger

$99M

5

6/22/2020

IPO

Subscribe to see more

$99M

Subscribe to see more

10

8/23/2017

Divestiture

Subscribe to see more

$99M

Subscribe to see more

10

Date

4/5/2021

6/22/2020

8/23/2017

Exit

Reverse Merger

IPO

Divestiture

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

Acquirer

Subscribe to see more

Subscribe to see more

Sources

5

10

10

China Merchants Group Acquisitions

1 Acquisition

China Merchants Group acquired 1 company. Their latest acquisition was AVIC Maritime on December 10, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/10/2019

$99M

Acq - P2P

2

Date

12/10/2019

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acq - P2P

Sources

2

China Merchants Group Fund History

1 Fund History

China Merchants Group has 1 fund, including China New Era Technology Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

China New Era Technology Fund

4

Closing Date

Fund

China New Era Technology Fund

Fund Type

Status

Amount

Sources

4

China Merchants Group Partners & Customers

5 Partners and customers

China Merchants Group has 5 strategic partners and customers. China Merchants Group recently partnered with Wartsila on July 7, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

7/30/2021

Vendor

Finland

Wartsila to deliver solutions for OHT’s wind turbine installation ship

Wartsila stated that the GustoMSC NG-14000XL-G design jack-up vessel is being constructed for Norway-based wind turbine generator installation contractor OHT .

1

10/16/2020

Partner

China

Subscribe to see more

Subscribe to see more

10

11/1/2017

Partner

Singapore

Subscribe to see more

Subscribe to see more

10

12/17/2014

Client

Hong Kong

Subscribe to see more

Subscribe to see more

10

9/26/2014

Partner

Brazil

Subscribe to see more

Subscribe to see more

10

Date

7/30/2021

10/16/2020

11/1/2017

12/17/2014

9/26/2014

Type

Vendor

Partner

Partner

Client

Partner

Business Partner

Country

Finland

China

Singapore

Hong Kong

Brazil

News Snippet

Wartsila to deliver solutions for OHT’s wind turbine installation ship

Wartsila stated that the GustoMSC NG-14000XL-G design jack-up vessel is being constructed for Norway-based wind turbine generator installation contractor OHT .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

10

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.