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lang=\"en-GB\">\u6269\u5bb9\u540e\u7684\u65b0\u4e09\u677f\u53ef\u4ee5\u8ba9\u66f4\u591a\u516c\u53f8\u524d\u6765\u7b79\u96c6\u8d44\u91d1\uff0c\u6295\u8d44\u4e8e\u8fd9\u4e9b\u516c\u53f8\u7684PE\/VC\u57fa\u91d1\u4e5f\u80fd\u901a\u8fc7\u8f6c\u8ba9\u8fd9\u4e9b\u516c\u53f8\u80a1\u6743\u7684\u65b9\u5f0f\u9000\u51fa\u3002\u540c\u65f6\uff0c\u5728\u65b0\u4e09\u677f\u6302\u724c\u80fd\u4fc3\u4f7f\u4f01\u4e1a\u6539\u5584\u516c\u53f8\u6cbb\u7406\u7b49\u8fd0\u8425\u80fd\u529b\uff0c\u5e2e\u52a9\u516c\u53f8\u8fbe\u5230\u5b9e\u73b0IPO\u6240\u8981\u6c42\u7684\u6c34\u51c6\u5e76\u6700\u7ec8\u5728\u4e0a\u6d77\u548c\u6df1\u5733\u7684\u8bc1\u5238\u4ea4\u6613\u6240\u6210\u529f\u4e0a\u5e02\u3002<\/span><\/p>\n<p><a href=\"https:\/\/beta2.law.asia\/wp-content\/uploads\/2012\/11\/Top-10-China-PEVC-buyout-deals-1-Oct-2011-to-30-September-2012.jpg\" rel=\"attachment wp-att-52657\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter\" src=\"https:\/\/beta2.law.asia\/wp-content\/uploads\/2012\/11\/Top-10-China-PEVC-buyout-deals-1-Oct-2011-to-30-September-2012.jpg\" alt=\"top-10-china-pevc-buyout-deals-1-oct-2011-to-30-september-2012\" width=\"1038\" height=\"1254\" \/><\/a><\/p>\n<p class=\"Body-body-Chi\" style=\"text-align: justify;\"><span lang=\"en-GB\">\u4e0d\u8fc7\uff0c\u867d\u7136\u573a\u5916\u4ea4\u6613\u5e02\u573a\u7684\u6269\u5bb9\u80fd\u5bf9PE\/VC\u884c\u4e1a\u6709\u6240\u5e2e\u52a9\uff0c\u4f46\u5e76\u4e0d\u80fd\u6210\u4e3a\u8fd9\u4e2a\u884c\u4e1a\u7684\u5927\u6551\u661f\u3002\u201c[\u65b0\u4e09\u677f\u6269\u5bb9]\u5bf9PE\/VC\u9000\u51fa\u7684\u5f71\u54cd\u4e0d\u5927\u3002\u201d\u725b\u632f\u5b87\u8bf4\u3002\u725b\u5f8b\u5e08\u8ba4\u4e3a\uff0c\u8981\u6709\u5927\u7684\u6210\u4ea4\u91cf\u624d\u53ef\u80fd\u6709\u9000\u51fa\u6e20\u9053\u3002\u201c\u65b0\u4e09\u677f\u5e02\u573a\u672c\u8eab\u7684\u4ea4\u6613\u91cf\u662f\u5f88\u5c0f\u7684\u2026\u2026PE\/VC\u7684\u6295\u8d44\u91cf\u6bd4\u8f83\u5927\u3002\u201d\u725b\u632f\u5b87\u8bf4\uff0c\u201c\u5982\u679c[PE\/VC\u57fa\u91d1]\u60f3\u5728\u8fd9\u4e2a\u6e20\u9053\u9000\u51fa\u2026\u2026\u5076\u5c14\u4e3a\u4e4b\u53ef\u4ee5\uff0c\u4f46\u4e0d\u592a\u53ef\u80fd\u6210\u4e3a\u50cf\u4e3b\u677f\u548c\u521b\u4e1a\u677f\u90a3\u6837\u6d3b\u8dc3\u548c\u4e3b\u8981\u7684\u9000\u51fa\u6e20\u9053\u3002\u201d<\/span><\/p>\n<p class=\"Body-body-Chi\" style=\"text-align: justify;\"><span lang=\"en-GB\">\u4e0d\u8fc7\uff0c\u600e\u6837\u9000\u51fa\u5e76\u4e0d\u662f\u80a1\u6743\u6295\u8d44\u57fa\u91d1\u7684\u552f\u4e00\u987e\u8651\u3002\u8fd9\u4e9b\u57fa\u91d1\u7684\u6536\u8d2d\u6d3b\u52a8\u53c8\u5982\u4f55\u5462\uff1f\u9634\u973e\u6ee1\u5e03\u7684\u7ecf\u6d4e\u5f62\u52bf\u662f\u5426\u4e5f\u91cd\u632b\u4e86PE\/VC\u57fa\u91d1\u7684\u6536\u8d2d\u70ed\u60c5\u5462\uff1f\u4f3c\u4e4e\u8fd8\u6ca1\u6709\u3002<\/span><\/p>\n<figure id=\"attachment_52678\" aria-describedby=\"caption-attachment-52678\" style=\"width: 300px\" class=\"wp-caption alignleft\"><a href=\"https:\/\/beta2.law.asia\/wp-content\/uploads\/2012\/11\/115986589.jpg\" rel=\"attachment wp-att-52678\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-52679\" src=\"https:\/\/beta2.law.asia\/wp-content\/uploads\/2012\/11\/115986589-300x182.jpg\" alt=\"\u5728\u8fd9\u6bb5\u56f0\u96be\u65f6\u671f\uff0c\u57fa\u91d1\u7ba1\u7406\u4eba\u9700\u8981\u63a2\u7d22\u65b0\u7684\u8fdb\u5165\u548c\u9000\u51fa\u5e02\u573a\u7684\u6e20\u9053\u3002\" width=\"300\" height=\"182\" srcset=\"https:\/\/beta2.law.asia\/wp-content\/uploads\/2012\/11\/115986589-300x182.jpg 300w, https:\/\/beta2.law.asia\/wp-content\/uploads\/2012\/11\/115986589.jpg 644w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-52678\" class=\"wp-caption-text\">\u5728\u8fd9\u6bb5\u56f0\u96be\u65f6\u671f\uff0c\u57fa\u91d1\u7ba1\u7406\u4eba\u9700\u8981\u63a2\u7d22\u65b0\u7684\u8fdb\u5165\u548c\u9000\u51fa\u5e02\u573a\u7684\u6e20\u9053\u3002<\/figcaption><\/figure>\n<p class=\"Body-body-Chi\" style=\"text-align: justify;\"><span lang=\"en-GB\">\u201c\u56e0\u4e3a\u5bf9\u4e8e\u4e00\u4e2a\u5927\u578b\u7684FOF\u57fa\u91d1[\u6bcd\u57fa\u91d1]\u6765\u8bb2\u2026\u2026\u4ed6\u4eec\u6bcf\u5e74\u90fd\u8981\u914d\u7f6e\u4e00\u90e8\u5206\u8d44\u4ea7\u5230\u76f8\u5bf9\u9ad8\u98ce\u9669\u3001\u9ad8\u56de\u62a5\u7684\u5e02\u573a\u91cc\u9762\uff0c\u6bd4\u5982\u4e2d\u56fd\u5e02\u573a\u3002\u201d\u9f50\u8f69\u9706\u5f8b\u5e08\u8bf4\uff0c\u201c\u5bf9\u4ed6\u4eec\u6765\u8bb2\uff0c\u8fd9\u53ea\u4e0d\u8fc7\u662f\u4e00\u4e2a\u5168\u7403\u8d44\u4ea7\u914d\u7f6e\u7684\u8fc7\u7a0b\uff0c\u6240\u4ee5\u4ed6\u4eec\u5e76\u4e0d\u89c9\u5f97\u4e2d\u56fd[\u7ecf\u6d4e]\u672a\u6765\u51e0\u5e74\u53ef\u80fd\u51fa\u73b0\u7684\u589e\u957f\u7f13\u6162\u5bf9\u4ed6\u4eec\u4f1a\u662f\u4e00\u4e2a\u5f88\u5927\u7684\u5f71\u54cd\u3002\u76f8\u53cd\uff0c\u8d8a\u662f\u5728\u7ecf\u6d4e\u52a8\u8361\u3001\u8f6c\u578b\u7684\u65f6\u5019\uff0c\u4ed6\u4eec\u8d8a\u662f\u80fd\u770b\u5230\u5f88\u591a\u65b0\u7684\u673a\u4f1a\u3002\u201d<\/span><\/p>\n<p class=\"Body-body-Chi\" style=\"text-align: justify;\"><span lang=\"en-GB\">\u201c\u5bf9\u4e8e\u4e00\u4e9b\u5927\u7684\u6536\u8d2d\u57fa\u91d1\u6765\u8bb2\uff0c\u4ed6\u4eec\u9884\u8ba1\u4e2d\u56fd\u73b0\u5728\u7684\u5f88\u591a\u8d44\u4ea7\uff0c\u5305\u62ec\u80a1\u6743\u7684\u4ef7\u683c\uff0c\u90fd\u5c06\u6bd4\u4ee5\u524d\u6709\u5438\u5f15\u529b\u4e86\u5f88\u591a\u3002\u201d\u9f50\u5f8b\u5e08\u8868\u793a\uff0c\u201c\u5982\u679c\u4f60\u6709\u8fd9\u4e2a\u80c6\u8bc6\uff0c\u4f60\u89c9\u5f97\u80fd\u591f\u7b49\u5f97\u8d77\uff0c\u4f60\u4f1a\u770b\u5230\u4e2d\u56fd\u73b0\u5728\u6709\u5f88\u591a\u4f18\u8d28\u7684\u8d44\u4ea7\u5904\u4e8e\u4ef7\u683c\u88ab\u4f4e\u4f30\u7684\u72b6\u6001\u3002\u201d<\/span><\/p>\n<p><a href=\"https:\/\/beta2.law.asia\/wp-content\/uploads\/2012\/11\/PEVC\u6570\u91cf.jpg\" rel=\"attachment wp-att-52653\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter\" src=\"https:\/\/beta2.law.asia\/wp-content\/uploads\/2012\/11\/PEVC\u6570\u91cf.jpg\" alt=\"pevc%e6%95%b0%e9%87%8f\" width=\"504\" height=\"450\" \/><\/a><\/p>\n<p class=\"Body-body-Chi\" style=\"text-align: justify;\"><span lang=\"en-GB\">\u5bf9\u8fd9\u4e9b\u57fa\u91d1\u800c\u8a00\uff0c\u98ce\u9669\u4f3c\u4e4e\u610f\u5473\u7740\u6f5c\u5728\u7684\u56de\u62a5\u3002\u201c\u505a\u6536\u8d2d\u7684\u5927\u578b\u57fa\u91d1\u4e0d\u662f\u4e00\u4e2a\u7b80\u5355\u7684\u88ab\u52a8\u6295\u8d44\u4eba\u3002\u201d\u9f50\u8f69\u9706\u8865\u5145\u8bf4\uff0c\u201c\u4ed6\u4eec\u5728\u83b7\u5f97\u4e00\u5bb6\u516c\u53f8\u7684\u63a7\u5236\u6743\u4e4b\u540e\uff0c\u81f3\u5c11\u5728\u4e00\u6bb5\u65f6\u95f4\u5185\u4ed6\u4eec\u4f1a\u7a7a\u964d\u4e00\u4e9b\u5177\u4f53\u7684\u7ba1\u7406\u56e2\u961f\u6216\u8005\u7ba1\u7406\u77e5\u8bc6[\u5230\u88ab\u6295\u8d44\u516c\u53f8]\u201d\uff0c\u4ee5\u6b64\u63d0\u9ad8\u516c\u53f8\u7684\u8425\u8fd0\u6548\u7387\u548c\u8425\u5229\u80fd\u529b\u3002<\/span><\/p>\n<p><a href=\"https:\/\/beta2.law.asia\/wp-content\/uploads\/2012\/11\/Top-10-China-PEVC-exit-deals-1-October-2011-to-29-September-2012.jpg\" rel=\"attachment wp-att-52659\"><img decoding=\"async\" loading=\"lazy\" class=\"aligncenter\" src=\"https:\/\/beta2.law.asia\/wp-content\/uploads\/2012\/11\/Top-10-China-PEVC-exit-deals-1-October-2011-to-29-September-2012.jpg\" alt=\"top-10-china-pevc-exit-deals-1-october-2011-to-29-september-2012\" width=\"1042\" height=\"1443\" \/><\/a><\/p>\n<p class=\"Body-body-Chi\" style=\"text-align: justify;\"><span lang=\"en-GB\">\u4f46\u5e76\u4e0d\u662f\u6240\u6709\u7684PE\/VC\u57fa\u91d1\u90fd\u80fd\u505a\u5230\u8fd9\u70b9\u3002\u5415\u7430\u5f8b\u5e08\u6240\u770b\u5230\u7684\u4e0e\u9f50\u5f8b\u5e08\u6709\u6240\u4e0d\u540c\u3002\u5415\u5f8b\u5e08\u8ba4\u4e3a\uff0cPE\/VC\u57fa\u91d1\u4e00\u822c\u800c\u8a00\u5c5e\u4e8e\u8d22\u52a1\u578b\u6295\u8d44\u4eba\u2014\u2014\u4ed6\u4eec\u4f1a\u7ed9\u4f01\u4e1a\u94b1\uff0c\u4f46\u5374\u4e0d\u4f1a\u5e2e\u52a9\u4f01\u4e1a\u8fd0\u8425\u3002<\/span><\/p>\n<p class=\"Body-body-Chi\" style=\"text-align: justify;\"><span lang=\"en-GB\">\u5bf9\u5c5e\u4e8e\u8d22\u52a1\u578b\u6295\u8d44\u4eba\u7684\u57fa\u91d1\u800c\u8a00\uff0c\u76ee\u524d\u7684\u673a\u4f1a\u4f3c\u4e4e\u5e76\u6ca1\u6709\u90a3\u4e48\u8bf1\u4eba\uff0c\u56e0\u4e3a\u4f01\u4e1a\u7684\u8d2c\u503c\u4e3b\u8981\u4f53\u73b0\u5728\u5176\u8425\u5229\u80fd\u529b\u90e8\u5206\u3002\u201c\u5728\u8fd9\u79cd\u60c5\u51b5\u4e0b\uff0c\u8425\u5229\u80fd\u529b\u7684\u4e0b\u964d\u662f\u8d22\u52a1\u578b\u6295\u8d44\u4eba\u4e0d\u80fd\u5f25\u8865\u7684\uff0c[\u800c\u8fd9]\u6070\u6070\u4f1a\u5f71\u54cd\u8d22\u52a1\u578b\u6295\u8d44\u4eba\u672a\u6765\u9000\u51fa\u7684\u4e3b\u8981\u6a21\u5f0f\uff0c\u4e5f\u5c31\u662f\u4e0a\u5e02\u3002\u201d\u5415\u7430\u8bf4\uff0c\u201c\u8425\u5229\u80fd\u529b\u7684\u7f3a\u5931\u4f1a\u5bfc\u81f4\u4f01\u4e1a\u4e0a\u5e02\u7684\u5468\u671f\u66f4\u957f\u3001\u96be\u5ea6\u66f4\u5927\uff0c\u8fd9\u6837\u4f1a\u5bf9PE\u6295\u8d44\u9020\u6210\u5f88\u5927\u7684\u6311\u6218\u3002\u201d<\/span><\/p>\n<p class=\"Body-body-Chi\" style=\"text-align: justify;\"><span lang=\"en-GB\">\u201c\u94b1\u8ddf\u94b1\u662f\u4e0d\u4e00\u6837\u7684\u3002\u201d\u901a\u529b\u5408\u4f19\u4eba\u4f58\u94ed\u8bf4\u9053\u3002\u4f58\u5f8b\u5e08\u7684\u8bdd\u6216\u8bb8\u53ef\u4ee5\u89e3\u91ca\u4e24\u4f4d\u5f8b\u5e08\u4e3a\u4ec0\u4e48\u4f1a\u6709\u4e0d\u540c\u7684\u770b\u6cd5\uff0c\u6bd5\u7adf\u4e0d\u540c\u7684\u57fa\u91d1\u6709\u4e0d\u540c\u7684\u7b56\u7565\u3002<\/span><\/p>\n<p class=\"Body-body-Chi\" style=\"text-align: justify;\"><span lang=\"en-GB\">\u4e0d\u8fc7\uff0c\u9f50\u5f8b\u5e08\u548c\u5415\u5f8b\u5e08\u90fd\u6ce8\u610f\u5230\uff0c\u5728PE\/VC\u9000\u51fa\u548c\u6536\u8d2d\u4e24\u65b9\u9762\uff0c\u6d89\u53ca\u7684\u5e76\u8d2d\u6d3b\u52a8\u6b63\u5448\u4e0a\u5347\u8d8b\u52bf\u3002\u201c\u4e0e\u6b27\u7f8e\u56fd\u5bb6\u76f8\u6bd4\uff0c[\u6295\u8d44\u4e8e]\u4e2d\u56fd\u5f88\u591a\u6210\u957f\u6027\u4f01\u4e1a\u7684[PE\/VC\u57fa\u91d1\u7684]\u9000\u51fa\u6e20\u9053\u8fc4\u4eca\u4e3a\u6b62\u4ee5\u4e0a\u5e02\u4e3a\u4e3b\u3002\u201d 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32px;\r\n}<\/style><div class=\"ihc-locker-wrap\"><div style='max-width:640px; margin:auto; ' class='ihc_locker_1'>\n\t\t\t\t\t\t\t<div><p><h2 class=\"en-only\" style=\"font-size: 25px\">\r\n    You must be a\r\n    <a\r\n        class=\"vantage-orange ablj-only\"\r\n        href=\"\/ablj-subscribe\/?utm_source=WP&utm_medium=lock&utm_campaign=paywall\"\r\n        >subscriber<\/a\r\n    ><a\r\n        class=\"vantage-orange cblj-only\"\r\n        href=\"\/cblj-subscribe\/?utm_source=WP&utm_medium=lock&utm_campaign=paywall\"\r\n        >subscriber<\/a\r\n    ><a\r\n        class=\"vantage-orange iblj-only\"\r\n        href=\"\/iblj-subscribe\/?utm_source=WP&utm_medium=lock&utm_campaign=paywall\"\r\n        >subscriber<\/a\r\n    ><a\r\n        class=\"general-link vantage-orange\"\r\n        href=\"\/knowledge-store-subscription\/\"\r\n        >subscriber<\/a\r\n    >\r\n    to read this content, please\r\n    <a\r\n        class=\"vantage-orange ablj-only\"\r\n        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