The country's largest venture capital firm may usher in a new head.

on January 23, surging news learned from the internal high-level office of Shenzhen innovation investment group co., ltd. (hereinafter referred to as "deep venture capital") that Ni zewang, chairman of the board of directors who has been in charge of deep venture capital for more than 8 years, will retire, Zuo ding, the current deputy secretary of the party committee and president, will serve as chairman, and Liu Suhua, chairman of Shenzhen high-tech investment, will serve as president.

in response, Shenzhen venture capital told surging news that it is expected to hold an election and appointment of the board of directors in the near future, and disclose information according to the election.

public information shows that Ni zewang, born in October 1963, will be 60 years old in 2023. Ni Ze Wang joined Shenzhen Venture Capital in June 2015 and served as party secretary and chairman before retiring.

His successor, Zuo Ding, has joined Shenzhen Venture Capital for more than four years. Public information shows that Zuo Ding joined Shenzhen Venture Capital in May 2019, and the newly appointed former deputy secretary of the party committee, director, and president were announced. Before joining Shenzhen Venture Capital, Zuo Ding joined the China Securities Regulatory Commission in July 2000 and served as Deputy Director of the Overseas Listing Division and Director of the International Organization Division of the International Cooperation Department of the China Securities Regulatory Commission, and a member of the Party Committee of the Seventh Detachment of the Inspection Corps. Deputy team leader, party committee member and deputy commissioner of the Shenzhen Supervisory Commissioner Office, party committee member and deputy director of the Shenzhen Securities Regulatory Bureau. At the same time, Zuo Ding is also the president of Shenzhen Private Equity Fund Industry Association.

according to the official website, Shenzhen Venture Capital was funded by the Shenzhen Municipal Government in 1999 and guided by social capital. It now has a registered capital of 10 billion yuan and manages various funds of about 473.9 billion yuan.

Shenzhen Venture Capital currently manages 182 private equity funds, 16 parent funds and 20 real estate funds. at the same time, the group has Hongtu Innovation Fund Management Co., Ltd., the first venture capital public fund management company in China.

as of December 31, 2023, Shenzhen venture capital has led the industry in the number of investment enterprises and the number of listed investment enterprises: 1785 venture capital projects (1491 enterprises) have been invested, the cumulative investment amount is about 107.2 billion yuan, and 562 investment enterprises (including IPO) have been withdrawn. Among them, 263 investment companies were listed on 17 capital markets around the world (excluding the New Third Board). The classic investment cases of Shenzhen Venture Capital include Tencent Music, Western Superconductor (688122), Ningde Times (300750), Huada Jiutian (301269), Mindray Medical (300760), SMIC (688981), Xinwei Communications (300136), Huada Gene (300676), Yingke Medical (300677), Rongchang Biology (688331), Lanqi Technology (688008), Robust Medical (300888), etc.