Far East’s Investments in Lingzhi Environmental Protection and Esgyn Achieve Success
Far East Holding Group, the global investment management expert, has adhered to the development strategy of “main business plus investment”, focusing on the investments to diverse industries and enterprises including smart energy, massive health, large consumption, great culture, food and beverage, advanced manufacturing industry, industrial automation, TMT and cloud competing. In May 2018, Far East’s investment achieved success. Lingzhi Environmental Protection Co., Ltd. (hereinafter referred to as “Lingzhi Environmental Protection”, stock code: 831068) released a private placement memorandum. Guizhou Esgyn Information Technology Co., Ltd. (hereinafter referred to as “Esgyn”) cooperated with Intel and Webroot, the largest security service provider on 亚马逊 Web Services to organize a product launch meeting themed “Data Driven and Fusion” at China International Big Data Industry Expo 2018 in Guiyang. At the meeting, Esgyn released its latest database product EsgynDB 2.4 and worked with Intel to launch for the first time the disruptive heterogeneous storage architecture of cold and hot data.
Lingzhi Environmental Protection released a plan to issue at most 18.5 million (included) shares at a per share price of RMB 10.0 to 13.5. The total raised fund is expected to be no more than RMB 250 million (included).
Founded in May 1998, Lingzhi Environmental Protection is a Key High-tech Enterprise in the National Torch Program, a member of China Association of Environmental Protection Industry, a standing council unit of China Environment News, and a deputy director unit of All-China Environment Federation. It has been selected for years as key enterprise in China’s environmental protection industry and has been listed on NEEQ (stock code: 831068). The company is dedicated to urban sewage treatment BOT and general contracting, engineering design for sewage treatment, and R&D and manufacturing of environmental protection equipment. With focus on marketing integrated oxidation ditch and water treatment equipment, it has made outstanding achievements in such projects as leather tannery sewage, alcohol wastewater and urban sewage.
Esgyn is a big data startup registered in Guiyang Free Trade Zone December 2015. The company is headquartered in Guiyang and has set up Silicon Valley Big Data Technology Research Institute, Guiyang Product Delivery Center, Shanghai After-sales Service Center and Beijing Sales Center. Its core product EsgynDB is a distributed converged database. Based on Hadoop architecture, it is combined with a self-developed SQL engine to meet the business operations and data analysis needs of big data, improving performance and scalability, ensuring high-speed massive data processing, and supporting online business operation and real-time data analysis.
Far East Holding Group has achieved repeated success in investment to fellow enterprises, yielding fruitful harvest in overall investment. By Thursday, May 31, 2018, the number of companies invested by Far East Holding Group had reached 340, among which 98 were listed companies (28 listed in the New Third Board) and 11 preliminarily disclosed.