产业扶持资金转型VC样本：“盈富泰克模式”完全解密

tangchun2000

<P class=MsoNormal style="MARGIN: 0cm 0cm 0pt; TEXT-INDENT: 18pt"><SPAN class=141><SPAN lang=EN-US><?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p><STRONG><FONT face="Times New Roman" color=#006600> </FONT></STRONG></o:p></SPAN></SPAN></P><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　投资中星微、广电运通获得超过</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">20</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">倍回报，未来</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">18</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">个月内还有</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">5</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">－</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">6</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">家投资企业将排队上市</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　随着</SPAN><?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" /><st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="16" Month="8" Year="2007"><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">8</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">月</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">16</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">日</SPAN></st1:chsdate><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">发改委等部委发文表态</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">产业技术研发资金试行创业风险投资</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">以来，</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">7</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年来一直保持低调风格的盈富泰克创业投资有限公司</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">(Infotech</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">，以下简称</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">盈富泰克</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”)</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">变得异常瞩目。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　此前，外界对盈富泰克的了解仅限于此：信息产业部电子信息产业发展基金的管理者，</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">1999</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年以创业投资的模式投资中星微电子</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">1000</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">万元，</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">2005</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年中星微登陆纳斯达克后，获得</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">20</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">余倍的回报。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　中星微上市后，包括信息产业部、国家发改委、科技部、财政部等在内的部委，专门就盈富泰克的模式进行了分析和研究。今年</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">2</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">月，还专门就盈富泰克的成功模式召开成果报告会，肯定了盈富泰克的</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">政府创投</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">VC</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">模式</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">的试点经验。而几部委发文推广</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">国家创业投资模式</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">，更是对盈富泰克模式的一种高度认同。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">我们跟其他创业投资公司一样，都是以风险投资形式获得回报。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”<st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="25" Month="8" Year="2007">8<SPAN lang=EN-US style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'"><SPAN lang=EN-US>月</SPAN></SPAN>25<SPAN lang=EN-US style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'"><SPAN lang=EN-US>日</SPAN></SPAN></st1:chsdate><SPAN lang=EN-US style="FONT-FAMILY: 宋体; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'">，盈富泰克总经理刘廷儒首度面对媒体，</SPAN>“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">我们投的另一家公司广电运通</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">(002152.SZ)</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">刚刚在</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">A</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">股上市，跟中星微一样，回报都超过了</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">25</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">倍。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”<BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　广电运通是电子信息产业基金支持的第二家上市企业，今年</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">8</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">月</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">13</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">日在国内</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">A</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">股上市，发行价</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">16.88</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">元，如今股价已超过</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">80</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">元。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　据刘廷儒介绍，到</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">2006</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年底，盈富泰克所管理的电子信息产业基金共投资了</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">24</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">家企业，投资金额</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">2.66</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">亿元，在未来的</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">18</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">个月内，还有</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">5</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">－</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">6</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">家企业将在国内外上市。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　而来自权威渠道的消息称，国家发改委有关政府基金托管机构的招标已经落定，作为第一个成功试点的政府创投基金，盈富泰克成为中标者之一。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">硅谷＋以色列</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">模式</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　事实上，电子信息产业发展基金早在上世纪</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">80</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年代就已经设立，当时有关部门每年拿出</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">1</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">亿元资助高新技术企业的发展。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　此后，国家在</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">1985</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年成立了中国新技术创业投资公司</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">(</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">简称</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">中创</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”)</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">，但是经过十多年的发展，中创背离了创业投资的路子，成为一个涵盖证券、投资、房地产等业务的金融百货公司，最终严重亏损，于</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">1998</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年被国务院下令关闭。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　几乎与此同时，国内高科技园区也纷纷设立风险投资公司，本意是支持高科技公司，但在运作上没有摆脱政府管理的模式，投入产出比不高。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　此后，国内创业投资基金发展陷入停滞，而外资风险投资公司则伺机进入，并以投资互联网为开端，掀起了国内创业投资的第一波高潮。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　刘廷儒称，</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">1999</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">8</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">月的全国科技大会后发布了《中共中央国务院关于加强技术创新，发展高科技，实现产业化的决定》，</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">这直接促进了盈富泰克的成立。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”<BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　恰在此时，时任中国科协主席的周光召介绍海外归国创业的邓中翰到电子信息产业发展基金，当时还是信息产业部官员的刘廷儒是这个项目的直接负责人。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">当时信息产业部正在考察美国和以色列的高科技创业投资模式，发现以色列由国家出一部分钱来首先资助创业企业，然后引导其他资金进入的模式很适合我们当时的情况，而采用美国硅谷的风险投资模式非常有效率，于是信息产业部决定在邓中翰的中星微项目上做试点，综合采用这两种模式。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">刘说。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">1999</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年，信息产业部决定给中星微电子公司投入</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">1000</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">万元资金，不再采用以前的无偿资助模式，而是交给一个专门设立的投资公司以公司化、市场化方式运作，并且要求有回报。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">在此之前，政府从来没有把钱投给个人，有人担心这</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">1000</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">万元被卷跑了怎么办？</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">刘廷儒告诉记者，</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">当时信产部有关领导表态，这个事情我们一定要试，项目成功就是好事，只要这</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">1000</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">万元用于这个项目了，也算是推动了集成电路的产业进步。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”<BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">2000</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">4</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">月，盈富泰克正式成立。这是一个完全独立的企业法人，最初的发起人为四家电子信息产业集团</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">——</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">中国电子信息产业集团、普天集团、彩虹集团和长城集团，每家出资</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">500</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">万元。此后，熊猫电子集团有限公司、广州无线电集团有限公司、海信集团有限公司、深圳创维－</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">RGB</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">电子有限公司、云南南天电子信息产业股份有限公司、中国电子信息产业发展研究院相继加入，成为该公司股东。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">盈富泰克的设立就是为了区别政府直接投资，所以一开始就跟信息产业部没有直接隶属关系，我们所有工作人员的人事档案关系也都转到了人才市场。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">刘廷儒说，这是为了实现彻底的市场化、企业化运作，并为政府创投的</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">VC</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">模式做试点。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　在投资中星微公司后，盈富泰克将加拿大鲍尔太平洋创业投资基金介绍给中星微，资金匮乏的中星微获得了</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">350</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">万美元的第二轮风险投资。与此同时，盈富泰克随之进行了海外架构的设立。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　目前，盈富泰克管理着三个基金：一个是进入到第二个管理周期的电子信息产业发展基金；一个是发起人单位共同募集的自有资本金；还有一个是</SPAN><st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="30" Month="8" Year="2006"><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">2006</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">8</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">月</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">30</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">日</SPAN></st1:chsdate><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">从海外募集</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">7500</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">万美元设立的盈富泰克太平洋创业投资基金。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">6</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年投资</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">24</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">家企业</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　刘廷儒介绍，盈富泰克成立之初，公司与电子信息产业发展基金订立了协议，每年从电子信息产业发展基金中拿出</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">10</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">％交给盈富泰克管理和投资，以</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">5</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年为一个周期。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　盈富泰克的管理和运作跟其他风险投资机构并无太大区别</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">——</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">按照国内风险投资机构的惯例，管理公司获得基金管理费的</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">2</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">％－</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">3</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">％，并在获得项目的超额收益后，分得</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">20</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">％的收益。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　而作为政府创投基金的管理者，盈富泰克和其他的风险投资区别有三：首先，盈富泰克负责寻找和评估项目，最终是否投资、投资金额多少则由政府部门决定；其次，政府基金的投资范围限定在电子信息领域，不能投资传统的行业；此外，政府创业投资一般支持初创企业，并帮忙引来其它风险投资商，原则上不控股。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　到</SPAN><st1:chsdate w:st="on" IsROCDate="False" IsLunarDate="False" Day="31" Month="12" Year="2006"><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">2006</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">12</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">月</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">31</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">日</SPAN></st1:chsdate><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">，盈富泰克共投资</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">24</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">家企业，总计投资</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">2.66</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">亿元，集中在集成电路、元器件新材料、软件和应用系统，在地域上则集中于北京、天津、上海等科技相对发达地区。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">我们保持着非常谨慎的投资速度，基本上一个季度投一个。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">”</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">刘介绍，在为电子信息产业发展基金寻找项目时，其主要看三种企业和管理者</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">——</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">其一是国企改制后的企业，其二是大学或者研究所出来的人创建的企业，其三是海归创业者。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　以广电运通为例，该公司母公司广电集团曾连年亏损，而作为一家高科技公司，广电运通获得支持有限，盈富泰克</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">2003</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">年对其投资</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">2000</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">万元，今年上市后获得超过</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">25</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">倍的投资回报。</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA"><BR></SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">　　</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">“</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">还有上海的新傲科技，是由中科院上海微系统研究所出来的人员创立的，目前是国内唯一的</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">SOI(</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">绝缘体上的硅</SPAN><SPAN lang=EN-US style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 宋体; mso-font-kerning: 1.0pt; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">)</SPAN><SPAN style="FONT-SIZE: 12pt; COLOR: #003300; FONT-FAMILY: 宋体; mso-font-kerning: 1.0pt; mso-ascii-font-family: 'Times New Roman'; mso-hansi-font-family: 'Times New Roman'; mso-bidi-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: ZH-CN; mso-bidi-language: AR-SA">材料</SPAN>