Core Viewpoint - The article discusses the recognition of Zhuhai Highfields as a qualified professional institutional investor by Tianomaibo, marking a significant milestone in the implementation of the new fifth listing standard on the Sci-Tech Innovation Board [2][6]. Group 1: Recognition of Institutional Investors - Tianomaibo is the first company to be accepted for IPO under the new fifth listing standard on the Sci-Tech Innovation Board [2]. - Zhuhai Highfields has been recognized as a qualified professional institutional investor, which is a new initiative aimed at enhancing the evaluation of companies' technological attributes and commercial prospects [6][8]. Group 2: Investment Requirements - The new regulations require that qualified professional institutional investors must hold at least 3% of the issuer's shares or invest no less than 500 million yuan, and they must have held these shares for at least 24 months prior to the IPO application [3][4]. - Highfields held 3.94% of Tianomaibo's shares as of the signing of the prospectus and has maintained this investment for over 24 months without reducing its stake [4]. Group 3: Investment Experience - Highfields has invested in at least 7 technology companies in the past 5 years, with some having been listed on the Sci-Tech Innovation Board [4]. - The introduction of qualified professional institutional investors aims to leverage their expertise and long-term capital to assist in identifying high-quality technology enterprises [8]. Group 4: Shareholder Structure - In the latest financing rounds, Tianomaibo has had over 40 institutional investors, with notable shareholders including Kangzheng Investment and Gree's subsidiaries [6][7]. - The article provides a detailed breakdown of the shareholding structure before and after the IPO, highlighting the changes in ownership percentages among key investors [7].
高瓴!首个“资深专业机构投资者”
中国基金报·2025-08-01 09:49