Zero2IPO
{{Short description|Chinese financial company}}
{{Use dmy dates|date=January 2025}}
{{Infobox company
| name = Zero2IPO Holdings Inc.
| trading_name =
| native_name = 清科创业控股有限公司
| logo = Zero2IPO.png
| image =
| image_caption =
| type = Public
| traded_as = {{HKEX|1945}}
| foundation = {{start date and age|2000}}
| industry = Financial services
| location = Beijing, China
| founder = {{UBL|Gavin Ni}}
| key_people = Gavin Ni (CEO)
| products =
| revenue = {{Increase}} {{CNY|link=yes|238.46 million}} (2023)
| net_income = {{Decrease}} {{CNY|link=yes|16.34 million}} (2023)
| assets = {{Decrease}} {{CNY|link=yes|739.45 million}} (2023)
| equity = {{Increase}} {{CNY|link=yes|567.75 million}} (2023)
| num_employees = 306 (2023)
| homepage = {{URL|www.zero2ipo.com.cn}}
}}
Zero2IPO ({{Zh|c=|p=Qīng Kē|s=清科}}) is a publicly listed Chinese media company that focuses on being a service provider to firms in the venture capital (VC) and private equity (PE) industries.
The company is known for providing data regarding China's VC/PE scene.
Background
After graduating from Tsinghua University, Gavin Ni had a brief stint in journalism before moving into VC. In 2000, he founded Zero2IPO.{{Cite web |last=Slater |first=Dan |date=18 September 2004 |title=Zero2ipo: researching China's VC industry |url=https://www.asianinvestor.net/article/zero2ipo-researching-chinas-vc-industry/34844 |archive-url=https://web.archive.org/web/20210616223949/https://www.asianinvestor.net/article/zero2ipo-researching-chinas-vc-industry/34844 |archive-date=16 June 2021 |access-date=23 January 2025 |website=Asianinvestor}}
The company grew quickly with a growth rate of 80% per annum and by late 2004 it had a revenue of 10 million yuan. There was a preference to provide research to western VC firms and training for Chinese VC firms. At the time the firm did not have much VC investment activity.
During the COVID-19 pandemic, despite disruptions to offline events and business operations, Zero2IPO saw increased demand for its online offerings.
In June 2020, Zero2IPO applied for an initial public offering (IPO) on the Hong Kong Stock Exchange (SEHK). The proceeds would be used to expand its geographical coverage in China as well as expand its service offerings. In addition it planned to expand into other areas like Southeast Asia and India.
On 30 December 2020, Zero2IPO held its IPO to become a listed company on the SEHK. The offering was oversubscribed 1393 times.{{Cite web |last= |date=29 December 2020 |title=清科創業1945共28萬人認購 超購1393倍一手中籤率2%（附分配結果） |url=https://inews.hket.com/article/2839310/%E3%80%90%E6%96%B0%E8%82%A1IPO%E3%80%91%E6%B8%85%E7%A7%91%E5%89%B5%E6%A5%AD1945%E5%85%B128%E8%90%AC%E4%BA%BA%E8%AA%8D%E8%B3%BC%E3%80%80%E8%B6%85%E8%B3%BC1393%E5%80%8D%E4%B8%80%E6%89%8B%E4%B8%AD%E7%B1%A4%E7%8E%872-%EF%BC%88%E9%99%84%E5%88%86%E9%85%8D%E7%B5%90%E6%9E%9C%EF%BC%89 |access-date=23 January 2025 |website=香港經濟日報HKET |language=zh-Hant}}
In 2021, Zero2IPO's subsidiary in Hong Kong obtained a license from the Securities and Futures Commission to provide investment banking services. Zero2IPO assisted SenseTime in its SEHK IPO. During the same year, Zero2IPO also launched PEDATA MAX, a professional SaaS system. {{Cite web |last= |date=2022-03-18 |title=清科创业2021年财报发布：新业务研发投入加大，各业务稳健增长 |url=https://finance.sina.com.cn/tech/2022-03-18/doc-imcwipih9175859.shtml |access-date=2025-01-23 |website=Sina |archive-date=7 April 2022 |archive-url=https://web.archive.org/web/20220407093404/https://finance.sina.com.cn/tech/2022-03-18/doc-imcwipih9175859.shtml |url-status=live }}
In 2022, Zero2IPO and CNCB Capital formed a special-purpose acquisition company, TechStar Acquisition Corporation that was listed on the SEHK.{{Cite web |last= |date=28 June 2022 |title=SPAC TechStar Acquisition Corporation Files for Hong Kong Listing |url=https://pandaily.com/spac-techstar-acquisition-corporation-files-for-hong-kong-listing/ |access-date=23 January 2025 |website=Pandaily |language=en-US |archive-date=2 March 2024 |archive-url=https://web.archive.org/web/20240302005803/https://pandaily.com/spac-techstar-acquisition-corporation-files-for-hong-kong-listing/ |url-status=live }} In December 2024, it was announced that TechStar Acquisition Corporation would merge with Seyond, a provider of image-grade Lidar technology.{{Cite web |date=21 December 2024 |title=HK firm TechStar Acquisition enters SPAC merger deal with Seyond unit |url=https://www.reuters.com/markets/asia/hk-firm-techstar-acquisition-enters-spac-merger-deal-with-seyond-unit-2024-12-20/ |website=Reuters}}
Businesses
- PEdata Database: provides industry data
- PEdaily: provides news and information
- Deal-Market: provides investor to entrepreneur matching services
- SandHill College: provides training services
The PEdata Database contained itemized information of 8,000+ VC/PE firms, 6,000+ institutional investors, 20,000+ China-focused funds, 40,000+ individual investors and 20,000+ VC/PE deals by the end of 2013. The three mains sources were regular questionnaire surveys which covered the most active China-focused investment institutions, periodic telephone surveys and other published reports.{{Cite book |last1=Zhou |first1=Yu |url=https://books.google.com/books?id=9VdxCwAAQBAJ&pg=PA70 |title=China as an Innovation Nation |last2=Lazonick |first2=William |last3=Sun |first3=Yifei |date=2016 |publisher=Oxford University Press |isbn=978-0-19-875356-8 |language=en}}
Besides its online presence, Zero2IPO is known for organizing events to cover various topics related to the VC/PE industries. They are primarily local government agencies and investors.
See also
References
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