Extra 1: Germination Events(1/2)
year 2010
On May 25, Sprout Capital was registered and established.
On May 26, Sprout Capital invested in Qingcheng Retail, accounting for 55% of the shares.
On June 26, it acquired Jade Bird Interactive Entertainment for RMB 1 million and injected RMB 2 million into Jade Bird Interactive Entertainment.
On July 20, Jiang Yue joined Jade Bird Interactive Entertainment as the Human Resources Director.
On July 26, Qinghe Technology was successfully registered.
On August 25, Sprout Capital changed its name to Sprout Holdings.
On September 17, it acquired Quwan Technology for 35 million
On October 18, Zhang Shuo resigned as general manager of Jade Bird and Liu Xiaohui took over.
On October 20, WeChat updated version 2.0
On November 9, Pei Weiping served as deputy general manager of Qingcheng Retail
On November 29, Cao Yanhua became the general manager of Jade Bird Interactive Entertainment, and Liu Xiaohui resigned.
On December 8, Germinal Real Estate was registered and established with a capital injection of 1.4 billion.
On December 20, acquired 35% shares of Wujiang Technology for 250 million
On December 22, it acquired Feige Building for 1.03 billion and renamed it Sprout Building.
On December 23, Sprout Property Services (Binhai) Co., Ltd. was established
On December 30, Wu Sheyuan served as Human Resources Director of Germinal Holdings to establish the corporate culture
year 2011
On January 10, Qingcheng App separated from Qingcheng Retail and established Qingcheng Technology, with Du Qingqing as general manager.
On January 13, it acquired 10.5% of the shares of Artemisia Map with a capital of 450 million.
On January 14, it invested 40 million to acquire 35% of the shares of Walli Intelligent Manufacturing.
On January 21, Xiangjiang Jiaoyang Holdings was registered and established
On February 2, the prodigal sub-fund was established
On February 5, Lin Weiwei and Xu Jia jointly established Jiawei Culture, and the Prodigal Son Fund invested 39 million, accounting for 39% of the shares.
On February 10, Zhao Mingchuan was promoted to general manager of Qinghe Technology
On March 7, Lu Kai joined Sprout Holdings as Vice President of Sprout Holdings, President of Overseas Business Department and General Manager of Jiaoyang Holdings.
On March 21, Houhai acquired land worth RMB 350 million to build a R&D center.
On April 10, Sprout invested 350 million to acquire 35% of Linde New Energy’s shares.
On April 15, invested 50 million yuan and obtained 10.5% of the shares of Automobile Network.
On May 5, Gu Mingzhang joined Sprout, and Maili Technology was officially activated.
On May 6, Zhao Xiaohu joined Sprout as general manager of Qinghe Technology, and Zhao Mingchuan was promoted to director of operations of Sprout Holdings.
On May 16, Jade Bird Interactive Entertainment spent US$65 million to purchase 10.5% of EPIC’s issued share capital.
On May 23, Sprout Holdings changed its name to Sprout Holdings Group, referred to as Sprout Group.
On June 27, Qingcheng Group was officially established, headquartered in Yangcheng
On July 5, completed the strategic investment in Bajie.com, investing 50 million yuan and obtaining 10.5% of the shares.
On July 12, Tan Yunsong and his wife arrived in Binhai City and were officially hired as the chief scientists of the Fertile Soil Research Institute.
On July 21, Xiami Music was fully acquired with 45 million yuan.
On July 25, Motu Xiuxiu, incubated by the Technology Center of Germination Group, was launched online.
On August 21, Particle Fund successfully invested in Born Optics, investing 100 million and accounting for 5% of the shares.
On September 16, Panda Live, incubated by the Technology Center of Germination Group, was launched online
On September 28, 400 million was purchased to acquire the remaining shares of Bajie.com, 180 million was acquired to acquire the remaining shares of Auto.com, and 100 million was invested in 5% of Oufeiguang.
On October 8, purchased Dota 2 and event operation rights for US$250 million (1.6 billion).
On October 13, Jade Bird Interactive Entertainment was upgraded to a group company, with Cao Yanhua as president and Liu Xiaohui as vice president.
On October 28, Qingyun Data adjusted its organizational structure and established the IaaS Division, PaaS Division, and SaaS Division, and also established three industry divisions: smart city, smart travel, and smart manufacturing.
On December 12, Qingcheng Group’s Series A financing was completed, with a valuation of 16 billion, and 20% of the shares were transferred
2012
On January 2, 71 Assistant and Motu Xiuxiu were sold to Qiandu for 12 billion
On January 4, preparations were made to establish Sprout Investment and Sprout Financial Holdings.
On February 3, Pinxixi project was established
On February 9, Tiantian Toutiao went online
On February 13, Binhai Daosui Semiconductor Co., Ltd. was activated, and Maili Technology was upgraded to Maili Group.
On February 20, Qingcheng Group announced that it would transfer 8.5% of its shares to merge with mold group.
On March 2, he led the A-round financing of Walli Intelligent Manufacturing, invested 100 million, and obtained 20% of the shares, increasing the total shares to 48%.
On March 12, Panda Live’s Series A financing was valued at 2 billion, with Tenda as the main investor.
On March 19, Sprout and Jingdong reached a strategic cooperation, investing 300 million and acquiring 25% of Jingdong’s shares.
On March 23, Qinghe Technology released Feixun Conference Sub-APP
On April 12, Mango Auto was activated and Li Xiang was transferred to General Manager of Mango Auto.
On April 24, Zhanxun Communications was acquired for 9.2 billion
On May 24, Lu Qi officially joined Sprout
On June 4, Qingcheng Group officially acquired Tongcheng, and Series B financing was officially launched with a valuation of 75 billion and the transfer of 12.5% of the shares.
On June 28, Germination fully acquired Ruidike at a price of 3.85 billion.
On July 2, the second ranking of the top 100 Internet companies was released, and Sprout Group ranked 4th.
On July 6, Qingyun Data was valued at 25 billion. It sold 10% of its shares in the A round of financing and received 2.5 billion in development funds. Feixun was valued at 3 billion. It sold 15% of its shares in its A round of financing and transferred 30% of its shares at the same time.
On August 29, for the acquisition of Baishi Express, it acquired 75.5% of the shares at a cost of 1.5 billion
On September 7, Maili Group held a new product launch conference and officially launched its first mobile phone, Maili X1
On September 17, Du Qingqing became the general manager of Pinxixi, taking charge of the group’s e-commerce business.
On October 17, Daosui Semiconductor Magic City changed its name to Zhulong Technology and launched Series A financing with a valuation of 25 billion.
On October 22, Pinxixi, headquartered in Jiangcheng, launched the “10 Billion Logistics” plan
On October 23, AutoNet was officially launched.
On October 24, Daosui Semiconductor was upgraded to Daosui Group
On October 24, preparations were made to establish the first-level subsidiary Qingfeng Logistics
This chapter is not over yet, please click on the next page to continue reading! On December 5, Eastern University of Science and Technology was officially approved
On December 10, Xirang Technology was registered and established, with an investment of 1 billion from Germination.
On December 18, Daosui Group and Dream Fund officially acquired Licheng Technology
On December 28, Zhang Shuo stepped down as chairman of Qingcheng and was replaced by Lu Qi.
year 2013
On January 22, it fully acquired Jing Jiawei at a price of 2.5 billion.
On January 28, acquired 25% of AMD shares for US$500 million.
On February 22, Daosui Group led Longxin’s Series A financing
On March 3, Daosui Group invested in Lijing Group and prepared to establish Weijing Semiconductor
On March 11, it acquired Japan Storage Storage at a sky-high price of US$4.8 billion.
On April 2, Jiangxia invested in Jiangxia Xinxin and Daosui Group's Yueli Storage to jointly form a super storage group - Changji Storage. Lin Zhengdong will also serve as the chairman of Changji Storage.
On April 15, Qingfeng Logistics, a subsidiary of Pinxixi, announced the acquisition of Durban with a valuation of 3.5 billion.
On May 7, Liang Song officially joined Daosui Group
On May 25, Qingcheng Group’s Series C financing was officially launched, with a valuation of 110 billion
On May 29, Mango Auto was upgraded to Mango Group
On June 3, Financial Director Cai Feijuan, Independent Directors Zhang Wei and Zhai Sheng took office.
On June 3, 15% of the shares of Qingcheng Group were used to implement the employee equity incentive plan.
To be continued...