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Extra 1: Germination Events(2/2)

On July 5, Qingcheng Group officially launched Qingcheng taxi service

On July 8, Nebula Technology was established and headquartered in Germinal Industrial Park.

On July 8, Qingyun Data raised Series B financing with a valuation of 40 billion.

On July 12, Nebula Technology reached a technology patent licensing agreement with China Aerospace, with a transfer fee of 60 billion

On August 5, Pinxixi’s Series A financing was valued at 80 billion

On September 2, the organizational structure of Sprout Group was readjusted and three new business departments were added, namely, Intelligent Manufacturing and Services Department, Internet Business Department, and Investment, Financing and Financial Services Department.

On September 26, Pangda Live raised Series B financing with a valuation of 10 billion

On September 28, Daosui Group raised Series A financing with a valuation of 250 billion.

On October 9, Moyin Technology was activated, invested 1 billion, and started short video incubation

On December 20, Moyin app started internal testing

On December 27, plans were made to build a vocational and technical college, Germinal Internal Training College

On December 27, Sprout Financial Holdings was upgraded to a subsidiary of the group, with a capital injection of 7 billion, and was renamed Weizhong Group

Year 2014

On February 16, Lu Qi resigned as chairman of Qingcheng Group, Pei Weiping became chairman, and Wang Xin took over as president.

On March 1, personnel adjustments were made. Lu Kai was appointed as the president of the Sprout Group, Lu Qi was transferred to the senior vice president of the Sprout Group, Dai Yutong was promoted to the director of the President’s Office, and Luo Changan was promoted to the investment director and general manager of Sprout Investment.

On April 12, it officially acquired Mada Qiqi for US$500 million.

On April 16, Qing Ning Group was registered and established, and the acquisition process of Hengrui Pharmaceutical (Yimao Mao) was launched.

On May 1st, Pinxixi cross-border e-commerce platform was officially launched.

On May 20, Qing Ning Group acquired a total of 48% of the shares of Hengrui Pharmaceutical through acquisition, capital increase and share expansion for RMB 26 billion. Qing Ning Group is headquartered in Lin'an.

On June 18, Pinduoduo’s sales surpassed Jingdong, winning the championship in one fell swoop

On June 28, the acquisition of Weichuang Medical and Marui Medical was completed.

On September 23, Qing Ning Research Institute was officially established.

On October 13, Xinghai Mining was registered and headquartered in Yongcheng.

On October 27, Song Zhiyou, President of Xinghai Mining, took office.

On November 23, Xinghai Mining invested 12.4 billion to acquire 28% of the equity of Luoyang Molybdenum and became the second largest shareholder.

On December 8, Xinghai Mining invested 17 billion to acquire 25% of the equity of Blue Gold Mining.

On December 10, Xinghai Mining invested 10 billion to acquire 31% of Xianhu shares.

2015

On March 19, Pinxixi live streaming was officially launched

On April 8, Zhang Shuo transferred 5% of his equity to the Prodigal Fund and Gu Xiaoxi each.

On May 24, Daosui Group’s B-round financing was valued at RMB 600 billion.

On May 24, Xinghai Group spent 50 billion to acquire 25% of China Southern Nuclear Power Holdings with a valuation of 200 billion.

On June 6, Nebula Technology’s first experimental satellite Nebula 0001 was successfully launched.

On June 19, Mango Auto launched a press conference to launch the affordable M2 improved model and the SUV model Mango S1.

On June 20, the acquisition of Walli Intelligent Manufacturing was completed with 1.5 billion funds.

On August 15, a consortium led by Dream Fund acquired Dongzhi Flash Memory for US$18.5 billion.

On August 17, Lin Zhengdong was promoted to senior vice president of the group, and Liang Song took over as president of Daosui Group.

On August 19, Sprout Holdings repurchased 10% of the equity of Dream Fund at an agreed price of 250 billion.

On August 27, Qinghe Group, together with Jiawei Culture and the management of Qiyi Video, initiated the privatization of Qiyi Video

On October 12, Mango Group raised Series A financing with a valuation of 200 billion

On October 28, Sprout invested 47.5 billion and obtained 25.5% of Wangke’s equity.

On November 20, the employee care fund was established

2016

On March 15, Dream Fund, together with Lime Group, Vision Fund, and Xinghai Group, completed the acquisition of Syngenta

On April 5, the Pyeongchang Commercial Space Launch Site was officially completed and put into trial operation.

On April 8, the Pinxixi Jiangxia Cargo Airport project was approved.

On May 15, Dream Fund once again transferred 10% of the shares of Sprout Group.

On May 15, Sprout implemented the second round of equity incentives, 1% equity, worth 35 billion

On May 20, Nebula Technology launched Star Arrow 1, carrying No. 002-004 Nebula experimental communication satellites

On June 25, Nebula Aviation officially launched its first aviation engine - Xingkong 1 engine

2017

On January 3, Zhang Shuo resigned as CEO of Germination and Lu Kai took over.

On July 25, Weijing Semiconductor achieved mass production of 10nm chips

On October 18, Qingcheng Group went public, with a market value exceeding 400 billion.

2018

In July, Weijing Semiconductor achieved mass production of 7nm chips, ahead of Tai Electromechanical

In September, Maili launched a folding screen mobile phone

2019
Chapter completed!
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