JD-invested Flyingsoft’s Listed on NEEQ
2016-12-30
12 JD Capital-invested enterprises went public on NEEQ in 2016
As recently announced by the National Equities Exchange and Quotations (NEEQ), JD Capital-invested Beijing Flyingsoft was officially listed on the NEEQ on December 29.
As a software provider focusing on archives management, Flyingsoft mainly works for archive departments in all industries, including territory, public security, military industry and transportation, as well the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), central enterprises and ministries. So far, China Union alone has linked 100 million items of data to its digital archive, the number of e-files amounting to 230 million and the storage 112 TB. In 2014, Flyingsoft acquired qualification for operating as a software enterprise and manufacturing software products.
According to the Guiding Catalogue for Products and Services of Strategic Emerging Industries announced by National Development and Reform Commission (NDRC), Flyingsoft is engaged in strategic emerging industry. The archiving industry, while boasting great potential, requires for archiving equipment, software, digitalization, storage, safety and smart Internet of Things (IoT). Given China’s large population and the lagging behind other industries, the archiving industry is now faced with unprecedented opportunities. Driven by new concepts, business models, innovative technologies and capital support, it will unleash huge market potential and develop rapidly towards digitalization, intelligence and networking.
A fund managed by JD Capital invested in Flyingsoft in 2011, and took 19.31% of its shares before public listing.
Since early 2016, 12 of JD-invested firms including Flyingsoft (870342), Hangzhou Pangsen (835577), Monte-Bianco (836807), Shuangying Group (837677), Gaosi Education (870155), Yuanyang Powder Technology (836902), Kaitian Group (835815), Jinxiang Chemical (834994), Jiangtong Animation (839475), Boram (835392), Qinglian Food (835876) and Chuxing Group (870001) went public on NEEQ.