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Extra 1: Germination Events

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.

On July 5, Qingcheng Group officially launched Qingcheng taxi service

On July 8, Nebula Technology was established and headquartered in Germinal Industrial Park.

On July 8, Qingyun Data raised Series B financing with a valuation of 40 billion.

On July 12, Nebula Technology reached a technology patent licensing agreement with China Aerospace, with a transfer fee of 60 billion

On August 5, Pinxixi’s Series A financing was valued at 80 billion

On September 2, the organizational structure of Sprout Group was readjusted and three new business departments were added, namely, Intelligent Manufacturing and Services Department, Internet Business Department, and Investment, Financing and Financial Services Department.

On September 26, Pangda Live raised Series B financing with a valuation of 10 billion

On September 28, Daosui Group raised Series A financing with a valuation of 250 billion.

On October 9, Moyin Technology was activated, invested 1 billion, and started short video incubation

On December 20, Moyin app started internal testing

On December 27, plans were made to build a vocational and technical college, Germinal Internal Training College

On December 27, Sprout Financial Holdings was upgraded to a subsidiary of the group, with a capital injection of 7 billion, and was renamed Weizhong Group

Year 2014

On February 16, Lu Qi resigned as chairman of Qingcheng Group, Pei Weiping became chairman, and Wang Xin took over as president.

On March 1, personnel adjustments were made. Lu Kai was appointed as the president of the Sprout Group, Lu Qi was transferred to the senior vice president of the Sprout Group, Dai Yutong was promoted to the director of the President’s Office, and Luo Changan was promoted to the investment director and general manager of Sprout Investment.

On April 12, it officially acquired Mada Qiqi for US$500 million.

On April 16, Qing Ning Group was registered and established, and the acquisition process of Hengrui Pharmaceutical (Yimao Mao) was launched.

On May 1st, Pinxixi cross-border e-commerce platform was officially launched.

On May 20, Qing Ning Group acquired a total of 48% of the shares of Hengrui Pharmaceutical through acquisition, capital increase and share expansion for RMB 26 billion. Qing Ning Group is headquartered in Lin'an.

On June 18, Pinduoduo’s sales surpassed Jingdong, winning the championship in one fell swoop

On June 28, the acquisition of Weichuang Medical and Marui Medical was completed.

On September 23, Qing Ning Research Institute was officially established.

On October 13, Xinghai Mining was registered and headquartered in Yongcheng.

On October 27, Song Zhiyou, President of Xinghai Mining, took office.

On November 23, Xinghai Mining invested 12.4 billion to acquire 28% of the equity of Luoyang Molybdenum and became the second largest shareholder.

On December 8, Xinghai Mining invested 17 billion to acquire 25% of the equity of Blue Gold Mining.

On December 10, Xinghai Mining invested 10 billion to acquire 31% of Xianhu shares.

2015

On March 19, Pinxixi live streaming was officially launched

On April 8, Zhang Shuo transferred 5% of his equity to the Prodigal Fund and Gu Xiaoxi each.

On May 24, Daosui Group’s B-round financing was valued at RMB 600 billion.

On May 24, Xinghai Group spent 50 billion to acquire 25% of China Southern Nuclear Power Holdings with a valuation of 200 billion.

On June 6, Nebula Technology’s first experimental satellite Nebula 0001 was successfully launched.

On June 19, Mango Auto launched a press conference to launch the affordable M2 improved model and the SUV model Mango S1.

On June 20, the acquisition of Walli Intelligent Manufacturing was completed with 1.5 billion funds.

On August 15, a consortium led by Dream Fund acquired Dongzhi Flash Memory for US$18.5 billion.

On August 17, Lin Zhengdong was promoted to senior vice president of the group, and Liang Song took over as president of Daosui Group.

On August 19, Sprout Holdings repurchased 10% of the equity of Dream Fund at an agreed price of 250 billion.

On August 27, Qinghe Group, together with Jiawei Culture and the management of Qiyi Video, initiated the privatization of Qiyi Video

On October 12, Mango Group raised Series A financing with a valuation of 200 billion

On October 28, Sprout invested 47.5 billion and obtained 25.5% of Wangke’s equity.

On November 20, the employee care fund was established

2016

On March 15, Dream Fund, together with Lime Group, Vision Fund, and Xinghai Group, completed the acquisition of Syngenta

On April 5, the Pyeongchang Commercial Space Launch Site was officially completed and put into trial operation.

On April 8, the Pinxixi Jiangxia Cargo Airport project was approved.

On May 15, Dream Fund once again transferred 10% of the shares of Sprout Group.

On May 15, Sprout implemented the second round of equity incentives, 1% equity, worth 35 billion

On May 20, Nebula Technology launched Star Arrow 1, carrying No. 002-004 Nebula experimental communication satellites

On June 25, Nebula Aviation officially launched its first aviation engine - Xingkong 1 engine

2017

On January 3, Zhang Shuo resigned as CEO of Germination and Lu Kai took over.

On July 25, Weijing Semiconductor achieved mass production of 10nm chips

On October 18, Qingcheng Group went public, with a market value exceeding 400 billion.

2018

In July, Weijing Semiconductor achieved mass production of 7nm chips, ahead of Tai Electromechanical

In September, Maili launched a folding screen mobile phone

2019

In June, 25% of each equity stake in Qinghe Group, Maili Group, and Mango Group was transferred, and 15% equity in Daosui Group, Weizhong Group, and Pinxixi Group were transferred to raise 3.5 trillion yuan in funds.


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