Saiman Fund to Invest up to 10 Billion Dollars in the Global Innovation Sector

NEW YORK, June 16, 2015 /PRNewswire/ -- With an investment of nearly 10 million dollars, Saiman Fund is one of the world's most prominent and fastest growing venture investment funds, consistently ranking among the top 100 international privately offered global venture investment funds in the Asia-Pacific region for several consecutive years. 

Managed by Ye Guofu and other partners, Saiman Fund has almost 100 professional investors with senior domestic and international finance backgrounds and successful investment experience. The Saiman Team focuses on the global innovation field, investing more than 2 billion dollars in China, Italy, the UAE and Japan. In 2013, Saiman Fund invested in international Japanese fast fashion brand MINISO, helping open over 1,000 new MINISO stores all over the world in only one year, thus making MINISO a dark horse in the global retail business, and bucking the retail industry trend of companies moving from offline to online.

Supported by Saiman Fund, MINISO surpassed in only one year the miraculous achievements made by electronics company Xiaomi in five, and establishing Ye Guofu as the angel investor with the Midas touch for the global retail sector. As a result of creating internet incubation bases in China, Italy, the UAE and Japan, Saiman Fund's role in the internet innovation investment field is becoming increasingly important. In addition to investing in the fields of new internet consumption, new health and new education such as apps Kanbingme, Banduxia, E-Jiajiao, Dingpiaome, Xiyime, Fenliwang and Jiehaizi, he has mainly invested in internet finance. At the beginning of 2015, he spent almost 1 billion dollars investing in the internet collection Renrenshou platform, entered the 1.5 trillion dollar disposal of financial non-performing assets sector, and integrated internet credit card originator platform Queqianme -- a joint investment by him and Renrenshou -- and leading internet financial wealth management company Fenlibao to build the first internet financial ecological loop in the world, which subverted the traditional internet financial pattern.

Regarded as the godfather of internet finance, Ye Guofu has invested in over 30 internet finance projects, one of which, the Renrenshou platform is now valued at almost 10 billion dollars, thanks largely to the fact that it solved the largest financial bad debt problem throughout history.

At present, many internet enterprises are growing rapidly and making a name in the investment field as a result of receiving financing from Saiman Fund. Not long ago, the president of Sequoia Capital Michael Moritz said it was better to invest in China than in Silicon Valley and it is also Saiman Fund's belief that the environment in China is more suitable for business development, so the fund plans to invest more heavily in Greater China in the coming five years.

Saiman Fund pays much attention to the establishment of long cooperation with enterprises, providing value-added services and solving problems for them, including providing them with consultations and suggestions on company management, financial normalization, employee inspiration, top manager recruitment, development strategy, and public offerings so as to help make more achievements in domestic and international capital markets. Now Saiman Fund has established internet incubation bases in Tokyo, Dubai, Hong Kong and Guangzhou, in an effort to bring together young internet entrepreneurs and high quality innovation projects.

SOURCE Saiman Fund