Category Archives: Internet Services

TCL and violet intends to jointly set up 10 billion industry mergers and acquisitions fund to improv 邢台学院体育馆

TCL and violet intends to jointly set up 10 billion industry mergers and acquisitions fund to improve the ecosystem (Figure) – financial Sohu TCL and intends to jointly set up 10 billion light industry mergers and acquisitions Fund (network information) mergers and acquisitions fund the remaining amount will be raised by the general partner of the fund of the East Wei management progress according to fund development and potential investment from outside investors also, by TCL venture capital and purple color in Qing fulfill their company or the group approval procedures of the capital investment fund or participate in the subsequent sub fund raising. "East Wei management" was founded in January 25, 2016, registered in Tibet, Lhasa City, by the purple color accounted for 48% of the shares, TCL venture capital accounted for 10% of the shares, natural persons (Yuan Bing, Ma Yi, Jing Chunmei) accounted for 40% of shares. The duration of the buyout fund is 10 years, starting from the date of registration of the fund, the first 6 years are the investment period, and the next 4 years are the exit period. In order to ensure the smooth withdrawal and orderly liquidation of the fund investment project, if necessary, it can be postponed for 1 years. The withdrawal mechanism is mainly realized through the listing of investment projects or mergers and acquisitions of fund projects. The fund will focus on investment in the purple group and TCL group of upstream and downstream industries and related industries, TMT industry, 4, 2025 and Internet plus China manufacturing industries such as direct investment, mergers and acquisitions. The investment decision body of the fund is composed of four people, among whom two are nominated and two are nominated by TCL venture capital. Li Dongsheng, chairman of TCL group and director of Zhao Weiguo, is a member of the investment decision Committee in the industry buyout fund. The investment decision, the investment decision and the withdrawal of the investment project of the fund require the unanimous decision of all the members of the investment decision committee to make a resolution. In return, the fund project has any cash income, by the East Wei in cash management within 30 days after each partner distribution: first, according to the proportion of the total return of partners paid in capital; secondly, payment partner invests preferred return, IRR before reaching 8% (including 8%), the general partner all of the proceeds directly to the fund by the partner funded in proportion to each partner account; third, payment of the general partner management remuneration, the internal rate of return is more than 8%, 20% of the fund’s income distribution to the general partnership, the remaining part according to the actual investment proportion allocated to each partner. If the fund investment meets the competition problem of the same industry, it should be properly negotiated according to the principles of fairness and fairness, so as to avoid the competition between the same industry. Independent director of TCL group, TCL group and the purple color clearly intends to set up a joint venture fund industry mergers and acquisitions, is conducive to the integration of both the advantages of resources, promote around the consumer electronics industry chain vertical integration and intelligent and Internet ecosystem construction, in accordance with the strategic transformation of TCL to. TCL Group believes that the establishment of industry mergers and acquisitions fund is TCL in the field of venture capital investment and another major investment cooperation between the two sides have rich years of acquisitions and investment experience of the team, by virtue of their influence in the industry, through professional management and operation of the market, around the consumer electronics industry investment and integration, will accelerate industrial upgrading and growth, formation of the financial industry to promote industrial progress.

TCL与紫光拟联手设立100亿产业并购基金 完善生态圈(图)-搜狐财经TCL与紫光拟联手设立100亿产业并购基金(网络资料图)  并购基金剩余的金额将由基金的普通合伙人“东伟管理”根据基金发展情况和潜在的项目投资进展向外部投资人募集,亦可由TCL创投及紫光清彩在履行各自公司或所属集团的审批程序后对该基金进行增资或者参与投资后续募集的子基金。  “东伟管理”成立于2016年1月25日,注册地点在西藏拉萨市,由紫光清彩占股48%,TCL创投占股10%,自然人(袁冰、马毅、净春梅)占股40%。  该并购产业基金的存续期为10年,自基金注册成立之日起算,前6年为投资期,后4年为退出期,为确保本基金投资项目的顺利退出和有序清算,必要时可延期1年。退出机制,主要通过基金投资的项目上市或者并购等方式实现退出。  该基金将重点投资于紫光集团和TCL集团产业上下游及相关产业、TMT、工业4.0、中国制造2025及互联网+等行业的直接投资、并购等。该基金的投资决策机构由四人组成,其中,紫光清彩提名二人,TCL创投提名二人。TCL集团董事长李东生、董事赵伟国在产业并购基金中任投资决策委员会委员。该基金拟投资项目的立项、投资决策和退出等均需要投资决策委员会全体委员一致同意方可做出决议。  在收益方面,该基金任何项目取得的现金收益,均由东伟管理在取得现金收益后30日内向各合伙人分配:首先按出资比例返还合伙人的累计实缴出资;其次,支付合伙人出资优先回报,内部收益率达到8%之前(含8%),普通合伙人直接将基金全部收益按合伙人出资比例分配至各合伙人账户;第三,支付普通合伙人的管理报酬,内部收益率超过8%后,则基金全部收益的20%分配给普通合伙人,剩余部分按实际出资比例分配给各合伙人。  基金投资如遇到同业竞争问题,按照公平、公允等原则协商妥善解决,以避免同业竞争。  TCL集团的独立董事认为,TCL集团与紫光清彩拟共同投资设立产业并购基金,有利于整合双方的优势资源,促进围绕消费电子产业链垂直一体化和智能及互联网生态圈建设,符合TCL的战略转型方向。  TCL集团认为,设立产业并购基金,是TCL在投资与创投领域的又一次重大投资,合作双方拥有富有多年并购和投资经验的团队,凭借各自在行业的影响力,通过专业管理和市场化运作,围绕消费电子产业进行投资与整合,将加速产业升级和增长,形成金融促进产业进步,产业反哺金融发展的资本流闭环,并且将充分整合消费电子产业上下游资源,使产业生态圈成员及伙伴形成合力,促进资本延展和增长。  但也有风险。目前,产业并购基金尚处于筹备阶段,TCL创投与紫光清彩及其他投资人尚未签署正式协议,能否达到募集计划尚存在不确定性。此外,产业并购基金具有投资周期长、流动性较低的特点,TCL集团的本次投资可能面临较长的投资回收期;产业并购基金运行过程中将受宏观经济、行业周期、投资标的公司经营管理、交易方案、并购整合等多种因素影响,将可能面临投资效益不达预期或基金亏损的风险。TCL集团表示,将在基金设立和运作过程中充分防范风险,尽力维护投资资金的安全。相关的主题文章:

FX markets have been the most volatile in six years, and will face more volatility in the future in 长春工业大学校园网

FX markets suffered the most turbulence in the past six years, and in the future, or faced more volatility, JP Morgan’s global currency volatility index was at an average of 11.5% in February, which was the biggest fluctuation in the foreign exchange market in the past six years in February and February. The implied price indicates that the volatility of the foreign exchange market will further increase in the future. Since the new year, Japan and the UK have appeared in major news in the foreign exchange market. The Japanese Central Bank launched a negative interest rate last month, but this did not devalue the yen. The yen rose sharply as investors flooded into the yen. The actual volatility of the yen’s three month period has risen to 10.5%, the highest since last March, and the index of the future volatility of the yen is also the highest since 2013. Sterling due to the "British recession" also fluctuated sharply, fell to seven year low. The volatility of sterling rose to 9%, and implied volatility was close to 12%, the highest in a year. Citigroup said, so far, polls show that the British people are more likely to vote in the EU, but with the London mayor Boris Johnson and other heavyweights decided to support the retreat of Europe, the UK is expected to withdraw from Europe increased to 30%~40%. In February, JP Morgan global currency volatility index averaged at 11.5% level, which is the largest volatility in the foreign exchange market in February for six years. According to Bloomberg news, Millennium CEO Mark Astley says that, generally, you don’t want volatility to be too high or too low. At the beginning of this year, few people thought that the Chinese economy and the subsequent spillover effect would affect the market trend. Alfonso Esparza, a senior foreign exchange analyst at Oanda, said that February was supposed to be quiet, but there was such a big wave in February, and then it was thought to be more volatile, and there would be more volatility in March. Because at that time, the central bank will come out and people will get some answers. On the agenda, policy uncertainty is high. In March, both the Federal Reserve and the European Central Bank held interest rate resolutions. Earlier, the European Central Bank President Delagi hinted that the ECB may launch more stimulus measures. At present, the market believes that the Fed’s interest rate hike in March is unlikely. Enter Sina Financial shares] discussion

汇市遭遇六年来最动荡二月 未来或面临更多波动   今年2月,摩根大通全球货币波动性指标平均位于11.5%的水平,这是外汇市场上六年来波动性最大的一个2月份。而隐含价格预示着,未来外汇市场的波动性会进一步增加。   新年以来,日本和英国都出现了影响外汇市场的重大要闻。日本央行在上月意外推出负利率,然而,这并未令日元贬值。投资者涌入日元避险,致使日元大涨。日元三个月期限实际波动率已经上涨到10.5%,创去年3月以来最高;预示着日元未来波动性的指标也创下2013年以来最高。   英镑因“英国退欧风波”也出现大幅波动,跌至七年新低。英镑的波动率增加至9%,隐含波动率接近12%,为一年来最高。花旗称,迄今为止民调显示英国民众更可能投票留在欧盟,但随着伦敦市长Boris Johnson等重量级人物决定支持退欧,预计英国退欧的可能性增加到30%~40%。   今年2月,摩根大通全球货币波动性指标平均位于11.5%的水平,这是外汇市场上六年来波动性最大的一个2月份。   据彭博新闻社报道,Millennium国际投资公司CEO Mark Astley表示,通常,大家不希望波动率太高或是太低。在今年年初的时候,基本没有什么人认为中国经济和随后可能的溢出效应,会如此牵动市场走势。   Oanda公司外汇高级分析师Alfonso Esparza表示,2月被认为应该是平静的,然而2月出现了如此大的波动,那么被认为是更加波动的3月就会出现更加大的波动。因为那时候,央行会出来表态,人们将得到一些问题的答案。从日程表上来看,政策上的不确定性较高。   3月,美联储、欧洲央行都会举行利率决议。此前,欧央行行长德拉吉暗示,欧央行可能会推出更多刺激措施。目前市场认为,美联储在3月份加息的可能性已经不大。 进入【新浪财经股吧】讨论相关的主题文章: