Our Investment Portfolio
CMIA invests growth capital in enterprises with capable and trustworthy management teams, and with the potential to become market leaders. A sample of our historical and existing investments by industrial sector include:
Agriculture and Food
Minzhong is a leading integrated vegetable processor in China. Established since 1971, Minzhong has a strong track record and is recognized as a National Dragonhead Enterprise ("国家重点龙头企业"). Minzhong currently has cultivation bases and processing facilities in Fujian, Tianjin, Yunnan, Sichuan, Inner Mongolia, Shanghai, Jiangsu, Hubei and Jiangxi.Minzhong engages principally in:
- Cultivation and processing of vegetables: Over 100 types of processed vegetables including air-dried, freeze-dried, fresh-packed and brined products.
- Industrialized farming: Cultivates king oyster mushrooms under closed room, air-conditioned conditions. Ensures all-year planting regardless of weather seasonality for crops and allows for sale of crops during their "off-season" periods, thereby ensuring higher average selling prices for the whole year
- Branded foods: Produces own-branded processed vegetable products including fruit and vegetable juices, instant vermicelli, water-boiled vegetables and other local products
Minzhong is a qualified Panel Supplier for many international food companies, including Nestle, Kraft Foods and Unilever, a testimony to Minzhong's high food quality standards. CMIA financed the management buyout of Minzhong in 2004 and arranged follow-on financing to fund business expansion. We also assisted in the recruitment of Minzhong's finance team and building up of corporate governance controls. Minzhong successfully launched its Initial Public Offering on the Singapore Exchange in 2010.
Haikui is a leading seafood processor and exporter in Fujian. Haikui is the largest seafood processing company in Dongshan. Dongshan is China's third most important seafood processing center. Dongshan is strategically located in the vicinity of both the East China Sea and South China Sea, both of which are rich fishing zones in Asia. Its principal products comprise fresh, chilled, frozen and canned seafood, of which a significant proportion is exported to the US, Europe and Asia.
CMIA assisted Haikui to obtain the Foreign Invested Enterprise status and consequent tax incentives. We also worked with the company to engage a Chief Financial Officer and strengthen its strategic decision making process, internal controls and management reporting.
Haikui successfully listed on the Prime Standard of the Frankfurt Stock Exchange in May 2012.
Emerald Asia is an integrated mushroom producer and processor based in Jiangsu and is one of China's largest producers of king oyster mushrooms.
CMIA assisted Emerald Asia to attract new customers from China and Southeast Asia and explore partnerships with foreign agribusiness companies. We also collaborated closely with Emerald Asia on strategic planning, recruiting a Chief Financial Officer, strengthening the management team and enhancing corporate governance and internal controls.
Started in 2001, Longzhou is a leading agricultural machinery manufacturer in China and engages in the design, development, production, and sale of farm equipment. Its products include combined harvesters, rotary plough machines and mini trucks. The company has a strong R&D team, a rich product pipeline and an extensive distribution network of more than 300 distributors across China.
CMIA actively helps Longzhou to enhance its corporate governance and internal control, raise debt to support future capital expenditure, and in business development in new territories.
C&O is an integrated pharmaceutical group in China. Its activities span research & development, manufacturing, and marketing and distribution of C&O and third party brand products.
CMIA introduced C&O to foreign pharmaceutical companies for possible business partnerships. C&O successfully listed on the Singapore Exchange in 2005 and was acquired by Shionogi & Co. and Sumitomo in 2011.
Haifu is a global leader in high intensity focused ultrasound cancer treatment technology with a portfolio of international and domestic patents.
CMIA was the lead investor in the growth capital round of financing. In addition, CMIA introduced Haifu to foreign medical institutions for R&D and business partnerships and advised on corporate governance.
CLB is one of the top contact lens and solutions marketing companies in China. Beginning its operations in 2008, CLB markets and sells cosmetic/ coloured contact lens, corrective contact lens and solutions under various sub-brands owned by the company. CLB has a strong penetration of the major optical retail chains in first and second tier cities, and is developing its presence in the third and forth tier cities in China.
CMIA works actively with CLB in various aspects, including helping to sharpen the company's marketing and brand building strategy, as well as improving its internal control and cash flow management.
Shengrui is a leading manufacturer of diesel engine components and automatic gearbox transmission systems. Its notable customers include Caterpillar and Weichai Power, the largest diesel engine manufacturer in China.
CMIA assisted Shengrui to evaluate potential acquisitions and strategic alliances and was instrumental in the negotiation and due diligence related to Shengrui's acquisition of an East German firm for its automatic gearbox transmission systems technology. We also advised on financing strategies and corporate governance.