Warburg Pincus entered China in 1994 and was the first global private equity group to come to China. It has invested in more than 80 companies in China, of which nearly 20 have been successfully listed at home and abroad. Warburg Pincus led the founding of the China Venture Capital Association (CVCA) and the China Chamber of Commerce for Real Estate Development and Investment (CCCRDI), and has been recognized as "China's Most Outstanding Investment Institution" by various media for many years.
From the official website of Warburg Pincus, you can see the overview of Warburg Pincus' investment in China. Some of the well-known Chinese companies that Warburg Pincus has invested in through various channels are:
Gome Electrical Appliances: one of the largest home appliance retailers in China.
Ha Pharmaceutical Group: a leading pharmaceutical manufacturer in China.
Huiyuan Juice: a leading juice producer in China. The company made its initial public offering on the Hong Kong Stock Exchange in early 2007 under the exchange symbol 1886.
Seven Days Hotel Chain: one of China's leading budget hotel chains. At the end of 2006, Warburg Pincus reportedly invested $10 million to acquire a 20 percent stake in the company, making it one of its two major shareholders, along with Guangzhou Today Investment Co Ltd***, led by RB's founder Ho Pak-kuen. In the years since, Warburg Pincus has also made additional investments in seven-day hotels.
Yintai Department Store:Headquartered in Hangzhou, Yintai Department Store (HKEx: 1833) operates a chain of department stores. When Warburg Pincus invested in Yintai in 2005, it had only three department stores.
Leep (Beijing) Medical Devices Co., Ltd: China's leading interventional cardiovascular disease treatment device company that manufactures devices including drug-eluting stents, blockers, angioplasty accessories and other cardiovascular disease-related devices and equipment. LPMC's stents and blockers are market leaders in China. Warburg Pincus invested in Lepu in 2007 and has helped it develop its international business. LPMC was listed in October 2009 on the Shenzhen Stock Exchange's GEM board.
Redico Microelectronics: Redico Microelectronics Inc. is a chip design company that primarily produces RF and mixed-signal products in a wide range of product categories spanning the wireless, broadcast and consumer markets. RDK is the largest pure-play chip design company in China in terms of sales. Warburg Pincus first invested in Redico in 2004 and assisted in listing Redico in November 2010 on the NASDAQ exchange.
Redstar Macalline: Redstar Macalline is China's largest furniture and building materials chain store operator and the No. 1 brand in furniture distribution.
Guangzhou R&F Properties Limited:Established in 1994, Guangzhou R&F Properties Limited (HKEx: 2777) is one of the major real estate development companies in Guangzhou, with its business focusing on the development of real estate projects in a number of China's core cities, including Guangzhou, Beijing, Shanghai and Tianjin.
China Auto Rental: China Auto Rental (CAR), as a leader in China's car rental industry, actively draws on the successful car rental models in mature international markets and combines them with the consumption habits of Chinese customers to provide consumers with specialized car rental services as well as a comprehensive range of value-added services. On July 9, 2012, Shenzhou Rent-A-Car and Warburg Pincus jointly announced that Warburg Pincus will make an equity investment of US$200 million in Shenzhou Rent-A-Car.
China Huarong: Huarong Asset is one of the four major financial asset management companies in China, which was approved by the State Council to be restructured as a joint-stock company in September 2012, with a registered capital of RMB 25.836 billion.On August 28, 2014, Huarong announced that it had completed the introduction of strategic investors, with the introduction of U.S.-based Warburg Pincus Group, CITIC Securities International, Malaysia's National Treasury Holding Corporation, CICC, China Agri Group, Fosun International, and Goldman Sachs Group of the United States became new investors, and the strategic investment*** amounted to RMB 14.543 billion, accounting for 20.98% of the total shares of Huarong Assets after the capital increase. According to the program approved by the State Council, Huarong Asset will choose the opportunity to publicly issue shares for listing after introducing strategic investors.