Search company, investor...
Search

Predict your next investment

Corporation
msxt.com

See what CB Insights has to offer

Investments

3

Portfolio Exits

2

About China Minsheng Trust

China Minsheng Trust (民生信托) is a nationwide non-banking financial institution engaged in trust business under the direct supervision of the China Banking Regulatory Commission (CBRC).

China Minsheng Trust Headquarters Location

17-19th Floor, Block C, Minsheng Financial Center No. 28 Jianguomen Inner Street, Dongcheng District

Beijing, Beijing, 100005,

China

+86 010-85259091

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 Minsheng Trust News

LeEco's Supercar Unit Raises $1.08B From Lenovo, Yingda Capital And Others

Sep 20, 2016

Tweet Chinese Internet company LeEco says its electric car affiliate Le Supercar has raised US$1.08 billion from Lenovo, Yingda Capital, a venture capital firm backed by State Grid, Shenzhen Municipality-backed Shenzhen Capital Group, China Minsheng Trust, Macrolink Group and Hongzhao Capital. Company founder, Jia Yueting, announced the news yesterday via a televised evening gala broadcasted on LeEco's online video platform and Jiangsu TV, claiming the investment as the largest first round ever raised by an automotive start-up. "Le Supercar is a revolutionary business venture led by the Chinese people attempting to lead innovation in an advanced industrial sector for the first time in history. It is a symbol of China's entrepreneurship and emergence in the world," Liu Gang, an investment committee member at Shenzhen Capital Group, stated during the gala. LeEco launched its super car project back in 2014 with the aim to create a smart vehicle, as part of the company's ambition to become an ultimate combination of Tesla, Uber, Apple, Amazon and Netflix. Le Supercar currently has over 1,000 staff, some of whom have previously worked at automobile leaders including Tesla, BMW and GM. It has also partnered with British luxury sports cars maker Aston Martin, Chinese automobile company GAC Group and U.S. electric car start-up Faraday Future. In August, LeEco signed a cooperation agreement with Zhejiang provincial government to establish an auto park in Deqing city with US$3 billion investment. LeEco also controls Chinese ride share company Yidao Yongche, which is likely to become the Uber part of the company's ultimate future ecosystem and allows users to hail Le super cars on demand. LeEco's cloud computing and sports unit have completed RMB1 billion and RMB8 billion venture round earlier this year. [Please send your news, tips, and feedback to [email protected] ]

China Minsheng Trust Investments

3 Investments

China Minsheng Trust has made 3 investments. Their latest investment was in Bloomage BioTech as part of their Unattributed VC on February 2, 2019.

CBI Logo

China Minsheng Trust Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/14/2019

Unattributed VC

Bloomage BioTech

Yes

1

1/1/2019

Series C

Subscribe to see more

$99M

Subscribe to see more

0

11/17/2016

Series B

Subscribe to see more

Subscribe to see more

10

Date

2/14/2019

1/1/2019

11/17/2016

Round

Unattributed VC

Series C

Series B

Company

Bloomage BioTech

Subscribe to see more

Subscribe to see more

Amount

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

0

10

China Minsheng Trust Portfolio Exits

2 Portfolio Exits

China Minsheng Trust has 2 portfolio exits. Their latest portfolio exit was Playtika on January 15, 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

1/15/2021

IPO

$99M

Public

3

11/6/2019

IPO

Subscribe to see more

$99M

Subscribe to see more

10

Date

1/15/2021

11/6/2019

Exit

IPO

IPO

Companies

Subscribe to see more

Valuation

$99M

$99M

Acquirer

Public

Subscribe to see more

Sources

3

10

China Minsheng Trust Acquisitions

1 Acquisition

China Minsheng Trust acquired 1 company. Their latest acquisition was Playtika on July 30, 2016.

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

7/30/2016

Other

$99M

$1.5M

Acquired - II

6

Date

7/30/2016

Investment Stage

Other

Companies

Valuation

$99M

Total Funding

$1.5M

Note

Acquired - II

Sources

6

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.