VCICs may engage in the following businesses: (i) direct investment in high growth start-up technology enterprises or other technologically innovative industries; (ii) entrusted management and operation of other VCICs; (iii) investment consulting services; (iv) direct investment, or participation in, emerging enterprise development; and (v) other business permitted by laws and administrative regulations.
VCIMCs may engage in the following business: (i) entrusted management and operation of VCICs; (ii) investment consulting services; and (iii) other business permitted by laws and administrative regulations.
However, Shenzhen Capital Venture Investment Provisional Regulations prohibit venture capital investment organizations from engaging in financial business.
