深圳私募股权创投行业退出总量止跌回升

Group 1 - The "exit difficulty" issue in Shenzhen's private equity and venture capital industry has eased, with total exits rebounding [1] - In 2024, the number of exit projects reached 1,954, the highest in three years, with exit principal amounting to 43.069 billion yuan and actual exit amounting to 58.831 billion yuan, representing increases of 94.62%, 71.06%, and 70.28% respectively compared to 2023 [1] - Cumulatively, by the end of 2024, there were 11,484 exit projects, with a total exit principal of 255.689 billion yuan and actual exit amount of 437.329 billion yuan, reflecting growth of 20.43%, 3.26%, and 3.66% respectively from the end of 2023 [1] Group 2 - Despite a decline in overall exit return multiples compared to 2023, the "hard technology" sector continues to show strong exit returns [1] - By the end of 2024, the cumulative number of exit projects in the information technology services, electronic devices, semiconductors, medical devices, software development, chemical products, and biotechnology sectors accounted for 35.69% of total exits, with chemical products and semiconductors achieving exit return multiples of 5.14 and 3.01 respectively [1] - In 2024, the exit projects from the aforementioned seven sectors represented 43.86% of total exits, with biotechnology showing an upward trend and an exit return multiple of 2.59, surpassing the cumulative exit return multiple [1] Group 3 - The Shenzhen venture capital industry is witnessing a trend of fund size concentration among leading large institutions, with the top 10% of institutions managing approximately 74% of the private equity venture capital fund size [2] - As of the end of December 2024, there were 801 private equity and venture capital fund managers in Shenzhen, with a total of 3,429 registered private equity venture capital funds and a management scale of 410.342 billion yuan, reflecting year-on-year growth of 4.13% and 1.13% in fund numbers and scale respectively [2]