On January 14, the 2022 annual work conference of Yida Capital was successfully held in Nanjing. The leaders of the CDHTI Group, the outside directors, the heads of various departments, the founding partners of Yida Capital and all the employees attended the meeting through the "online + offline" method.
Ying Wenlu, Chairman of Yida Capital, delivered a speech entitled "The Wind Moves the Heart, Doing the "Difficult and Correct Things" More Valuable", and expressed his views on how to see the development trend, what is the difficult and correct thing, and how to become stronger.
First of all, we should see the macro trend and maintain the strategic focus of science and technology investment. Under the theme of the era of science and technology investment, the future should firmly grasp three main lines of investment: one is the energy revolution spawned by the low-carbon economy in the context of carbon neutrality; the other is the industrial upgrading promoted by digitalization, intelligence and informatization in the context of self-reliance and self-reliance in science and technology and the strong chain of industrial replenishment; the third is in the context of common prosperity, the people's pursuit of health and happiness, and the consumption upgrade driven by science and technology.
Second, be a good child of the industry, driving in a smooth green wave belt. The Central Economic Work Conference proposed that "it is necessary to set up 'traffic lights' for capital, strengthen effective supervision of capital according to law, and prevent the barbaric growth of capital." "As a venture capital institution, we do not step on the red line, do not run the red light, wholeheartedly invest in science and technology, investment in innovation, investment in small and medium-sized enterprises, and comprehensively demand ourselves by the standard of being a "good child".
Third, the story of the times involved in scientific and technological innovation and industrial development makes it valuable to do "difficult and correct things". China may still have a long way to go to become a world economic power and a scientific and technological power, which is the opportunity and responsibility entrusted by the times to venture capital institutions. Scientific and technological innovation has entered the deep water area, and it is difficult to do a good job in scientific and technological investment. But I believe that when we perfectly link smart entrepreneurs and smart capital, there is hope for the future of China's scientific and technological innovation.
Fourth, we must always maintain a sense of reverence for the industry. In the field of venture capital, good reputation is a banknote that can never be found, and bad credit is a shackle that can never be broken. To be a good child in the industry, we must have a reverence for the industry we are engaged in, and every project handled and every fund managed must be polished with the spirit of craftsmen and risks must be controlled in an all-round way.
Ying Wenlu encouraged all employees, the direction is right, the road is not afraid of long and not afraid of difficulties, the line is coming, the future is working together, do a good job of "difficult and correct things", and go strong together.
At the meeting, You Jinbai, President and Founding Partner of Yida Capital, made a report on "2021 Annual Work Summary and 2022 Annual Work Plan of Yida Capital", reviewed the overall operation situation and management highlights of Yida Capital in 2021, analyzed the current operating environment and future challenges and opportunities, and put forward the main work ideas for 2022.
You Jinbai pointed out in the report that in the past year, Yida Capital has closely focused on the national strategic development needs, further driven the investment layout of key technology fields with research and development, and project investment, exit, and distribution to fund investors have refreshed a record high, of which: more than 100 investment companies, investment intensity in key core technology fields exceeded 95%; 18 new IPO companies, 8 companies IPO will be ready to go, ranking first in the industry.
In addition, the penetration of Yida Capital along the coastal areas of the river continues to sink, and the newly established theme funds represented by the small and medium-sized no. 2 fund and the talent phase V fund, as well as key regional funds such as foshan fund, Jinan fund, and Anhui specialized special new no. 2 fund, have further enhanced their influence in Guangdong, Shandong and Anhui; the Changzhou fund has been inaugurated and the Lianyungang fund has been successfully established, achieving full coverage of funds in 13 prefecture-level cities in Jiangsu Province.
During the meeting, You Jinbai, president and founding partner of Yida Capital, signed a letter of responsibility for the 2022 target with the heads of various business sectors, subsidiaries and teams.