Founded in 2007, Kunwu Jiuding Capital, Ltd (hereinafter referred to as Jiuding) is a Chinese private equity (PE) firm specializing in equity investments in late-stage, pre-IPO companies. Despite its short history, the company has secured a strong footing in the PE industry in China, with its enormous growth and a dazzling return on investment. Since 2011, 260 people were Jiuding and 6 yuan-denominated funds of 6 million yuan in government. While investors have expressed strong enthusiasm for the firm, Jiuding however, has caused a lot of controversy in the community about their PE investments innovative practice - known as "PE factory" model, where the investment was made in a fashion similar to the large-scale industrial production. This model was destroyed traditional business-PE practice in many ways. Concern was expressed about whether or not the business model Jiuding been steady over the next ten years, the rapidly changing landscape of PE industry in China. "Hide
by Li Liao Ning Jia, Ziqian Zhao Source: Tsinghua University 19 pages. Publication Date: December 31, 2011. Prod. #: TU0027-PDF-ENG