Category: Transactions

news about transaction of deals

28 Jun 2021
Lihexing goes public

Lihexing goes public

According to the Shenzhen Stock Exchange announcement, Shenzhen Lihexing Co., Ltd. (hereinafter referred to as “Lihexing”) (ticker: 301013) will be listed on June 29, 2021. The total number of common shares of the company is 155,828,704, of which 33,246,306 shares have been listed and traded since the date of listing. In 2019, the company achieved an operating income of 253 million yuan and a net profit of 58.303 million yuan.

Lihexing joined the “Hi-tech Growth Plan” sponsored by TMFOX in 2013 as an early project. The A round of fundraising was completed in 2014, and it was listed on the New OTC Board in 2015. In 2017, TMFOX Growth Fund, Lens Technology, Shenzhen Great Wall and other industry partners completed the B round of investment in Lihexing. In 2019, China Merge and Acquisition Fund, cowincapitals, and Xiaomi completed the C round of strategic investment in Lihexing.

Andy Yu, Founder of TMFOX, said: “Congratulations to Lihexing founder Lin Yipan for leading the team to successfully go public, and congratulations to TMFOX’s industry and institutional partners who have speeded up the growth of Lihexing, congratulations to all investors in the TMFOX Growth Fund II. To the TMFOX team who undertook different missions at different stages from 2013 to 2021 has said it’s hard work. In Perseverance will be rewarded during this long struggle. TMFOX’s ability to participate in the early incubation and acceleration of Lihexing, and complete the investment, is our proud experience. It is also a classic case of Yitou’s incubation and accelerated investment business system. The hard work of the past 8 years is worthwhile.

About Lihexing

Shenzhen Lihexing Co., Ltd. was established on January 9, 2006, with a registered capital of RMB 116,871,528. Since its establishment, the company has focused on the development, production and sales of automation and intelligent equipment, and is committed to becoming a new generation of information and communication technology. Leading provider of smart manufacturing solutions. As an equipment manufacturer, the company mainly serves customers in the fields of information and communication technology, and realizes the deep integration of high-end equipment manufacturing and new industries such as new generation information technology. The company’s products are mainly used in the detection and manufacturing of mobile smart terminals and network infrastructure devices. The company’s customers include Huawei, Foxconn, VDI Technologies, TCL, Fuji Xerox, Canon and other well-known companies.

The company’s products mainly serve the industry’s leading customers. The company’s products are subject to strict quality control throughout the entire process from design finalization, raw material procurement to batch delivery. The company also keeps the company’s quality control level in R&D design management, procurement management, and production management at the forefront of the industry by continuously introducing advanced management concepts, improving management levels, using quality control tools, and constantly improving.

With excellent R&D technology, stable product quality, excellent product services and reasonable sales prices, the company has been widely recognized by large downstream customers, has established long-term and stable cooperative relations with many well-known domestic and foreign companies, and its brand awareness has been continuously improved. . The good brand effect has further promoted the development of the company’s business and laid a solid foundation for the company’s development according to the established strategy.

About TMFOX VENTURE PARTNERS

TMFOX focuses on the evolution of global Healthcare and is committed to empowering its clients with cross-border funding, business development, and risk management. TMFOX offers holistic solutions that help clients grow competitive in this constantly evolving market. Founded in 2009 in Shenzhen in China by Andy Yu, the boutique investment bank has operations in 6 cities across China and 3 international cities such as Vancouver, Seattle, and Boston in North American.

01 Mar 2021

Engages Guangzhou Rongli Biotechnology Co.,ltd as an Exclusive Financial Advisor for Fundraising

Guangzhou, China, March. 1, 2021  — TMFOX VENTURE PARTNERS, a boutique investment bank and venture investor for global healthcare announces that it has entered into an exclusive financial advisory agreement with Guangzhou Rongli Bio-Medical Co.,ltd for its estimated 6 million USD fundraising.  

Commenting on the agreement, Dr.Yong Yang, Founder of Rongli, said, “We are delighted to work with TMFOX toward these great objectives With the joint efforts of our two companies, we are confident tremendous success will be achieved and significant benefits will be delivered to people who love the beauty.”

About Guangzhou Rongli

Guangzhou Rongli Biotechnology Co., Ltd. has a construction area of ​​38 acres and a factory production area of ​​11,000 square meters. It has a second-class medical device business license, a “machine name” product production license, and a disinfection product production license. The product is safe and effective Sex is guaranteed.

About TMFOX VENTURE PARTNERS

TMFOX focuses on the evolution of global Healthcare and is committed to empowering its clients with cross-border funding, business development, and risk management. TMFOX offers holistic solutions that help clients grow competitive in this constantly evolving market. Founded in 2009 in Shenzhen in China by Andy Yu, the boutique investment bank has operations in 6 cities across China and 3 international cities such as Vancouver, Seattle, and Boston in North American.

20 Feb 2021
Balanlife

Engages Balanlife Dialysis (SHENZHEN) Co.,ltd as an Exclusive Financial Advisor M&A and Fundraising

Shenzhen, China, Feb. 20, 2021  — TMFOX VENTURE PARTNERS, a boutique investment bank and venture investor for global healthcare announces that it has entered into an exclusive financial advisory agreement with Balanlife Dialysis Chain (Shenzhen) Co.,ltd for its capital operation including merger and acquisition of specialized chronic disease hospitals, dialysis chain clinics across mainland China, estimated 20 million USD fundraising, and preparation of initial public listing.  

Commenting on the agreement, Wei Liu, Founder of Balanlife, said, “We are delighted to work with TMFOX toward these great objectives With the joint efforts of our two companies, we are confident tremendous success will be achieved and significant benefits will be delivered to patients across China.”

About Balanlife Dialysis

Founded in 2009, Balanlife Dialysis Chain (Shenzhen) Co., Ltd. is a well-known national brand focusing on a chain clinic business for dialysis, with clinics in Guangzhou, Shaoguan, Yunfu, Zhaoqing, Jiangmen, Jieyang, Shantou, Fujian, Hubei, and other places. For more information, please visit http://www.balanlife.com/

About TMFOX VENTURE PARTNERS

TMFOX focuses on the evolution of global Healthcare and is committed to empowering its clients with cross-border funding, business development, and risk management. TMFOX offers holistic solutions that help clients grow competitive in this constantly evolving market. Founded in 2009 in Shenzhen in China by Andy Yu, the boutique investment bank has operations in 6 cities across China and 3 international cities such as Vancouver, Seattle, and Boston in North American.

18 Feb 2021
Dr.Gilly Regev

TMFOX REPRESENTS SANOTIZE TO DEVELOP TECHNOLOGY PARTNERSHIP IN ASIA

Vancouver, Canada Feb 26, 2021.  — TMFOX VENTURE PARTNERS, a boutique investment banker and venture investor for global healthcare reached an agreement with saNOtize Research and Development Corp, a Vancouver-based bio-tech company for the endeavor of technology license and new market development partnership.

saNOtize utilizes the unique antimicrobial and immunomodulating properties of Nitric Oxide to treat diseases of the respiratory system and the skin. The company’s platform technology, NORSTM, can treat a variety of topical infections. From sinusitis via nasal lavage and the flu via nasal spray, to acne via topical gel. Dr. Gilly Regev, PhD and Dr. Chris Miller, PhD, BA, RT are co-founders of SaNOtize.  Dr. Regev and Dr. Miller are among a small group of people who are experts at using nitric oxide therapeutically.

SaNOtize is also working diligently with Health Canada and the FDA to obtain approval for the emergency release of preventative treatment for healthcare workers and high-risk individuals exposed to SARS-CoV-2.

Commenting on the agreement, Andy Yu, President of TMFOX, said, “In considering the getting worse infection disease and strong demand for skincare, We believe the Asia market,especially China market, has the great potential to benefit back the long time hard-working on R&D. ”

About TMFOX VENTURE PARTNERS

TMFOX focuses on the evolution of global Healthcare and is committed to empowering its clients with cross-border funding, business development, and risk management. TMFOX offers holistic solutions that help clients grow competitive in this constantly evolving market. Founded in 2009 in Shenzhen in China by Andy Yu, the boutique investment bank has operations in 6 cities across China and 3 international cities such as Vancouver, Seattle, and Boston in North American.

01 Jun 2020

Genome BC Invests $1M in Breakthrough Solution for Detecting Chronic Liver Disease, Closing Off Sonic Incytes’ $3.5M Financing Round

May 28, 2020 11:00 ET | Source: Genome British Columbia

VANCOUVER, British Columbia, May 28, 2020 (GLOBE NEWSWIRE) — Genome BC is pleased to announce $1 million in funding to Sonic Incytes Medical Corp., completing the company’s seed financing round of over CDN$3.5 million supported by institutional investors, angel funds and private individuals. Vancouver based Sonic Incytes is developing a breakthrough, point of care ultrasound solution for assessing and managing chronic liver disease – an emerging global health crisis, affecting one in four persons worldwide.  

In addition to Genome BC’s investment, Sonic Incytes also raised over $2.5M in seed financing from institutional investors Small World Group, Think Top Investments and Sunhope Venture Capital, as well as angel investors World Changing Ventures, TMFOX, UBC Seed Fund and E-Fund.

Fatty liver disease is the fastest growing and largest segment of chronic liver disease, driven largely by the increasing prevalence of diabetes and obesity. The continued growth in patients and emergence of potential new therapies creates an urgent need for a cost-effective, quick, and accurate diagnostic solution to assess and manage the progression and treatment of this disease. 

“We are pleased to provide Sonic Incytes with $1 million in capital through our Industry Innovation (I2) Fund,” says Dr. Tony Brooks, Chief Financial Officer and Vice President, Entrepreneurship  & Commercialization at Genome BC. “Our investment, alongside funding from other investors, will help Sonic Incytes commercialize this innovative solution and make a significant difference in the management of liver disease and improve overall health and wellness.”

“This financing will go a long way in helping us redefine the standard of care in quantifying fatty liver disease. Physicians will soon be able to accurately diagnose liver disease with a solution comparable to MRI,” said George Aliphtiras, CEO, Sonic Incytes Medical Corp. “Access to a point of care diagnostic solution that replaces biopsy and MRI is an urgent unmet need for effective patient management, and we are ideally positioned to address this emerging health crisis.”

Currently definitive diagnostic tools for fatty liver disease are limited to biopsy and MRI, which are expensive, invasive and time-consuming. Sonic Incyte’s portable, handheld solution uses technology similar to MRI elastography, quantifying liver disease using 3D tissue sampling. It is a point of care solution that provides consistently accurate results, and a clear picture of liver health in real time, so that physicians can be confident in their diagnosis, treatment and care. In addition, the entire procedure takes about five minutes in a doctor’s office, contributing to a quick, safe and comfortable patient experience.

About the Industry Innovation Fund:
Genome BC has invested in Sonic Incytes through its Industry Innovation (I²) program. The I² Fund provides commercialization support for companies developing innovative life science technologies that address biological challenges in key economic sectors in BC: Agriculture, Energy and Mining, Environment, Fisheries and Aquaculture, Forestry, and Human Health. The I² Fund also supports digital health and other technologies that further move precision medicine into clinical practice. I² funding is repayable and is allocated to promising technologies (products, processes or services) at the early stages of commercial development. The Fund aims to provide risk capital that is concurrently matched by other public or private funding sources.

About Genome British Columbia:
Genome British Columbia leads genomics innovation on Canada’s West Coast and facilitates the integration of genomics into society. A recognized catalyst for government and industry, Genome BC invests in research, entrepreneurship and commercialization in life sciences to address challenges in key sectors such as health, forestry, fisheries and aquaculture, agrifood, energy, mining and environment. Genome BC partners with many national and international public and private funding organizations to drive BC’s bioeconomy. www.genomebc.ca

About Sonic Incytes Medical Corp.:
Recognizing the rise of fatty liver disease, Sonic Incytes has a mission to reduce the disease by enabling routine assessment and management of liver health. It plans to enter the market with its breakthrough, point of care ultrasound solution at the end of 2020. In April 2020, Sonic Incytes was recognized as a Ready to Rocket Life Science company for its innovative technology and potential for growth. Founded in 2017, Sonic Incytes is a medical device company headquartered in Vancouver, British Columbia, Canada. www.sonicincytes.com

About TMFOX VENTURE PARTNERS

TMFOX focuses on the evolution of global Healthcare and is committed to empowering its clients with cross-border funding, business development, and risk management. TMFOX offers holistic solutions that help clients grow competitive in this constantly evolving market. Founded in 2009 in Shenzhen in China by Andy Yu, the boutique investment bank has operations in 6 cities across China and 3 international cities such as Vancouver, Seattle, and Boston in North American.

12 Nov 2019

Advisory Agreement to Orbitless Drives Inc.

Nov.5, 2019 – UBC, Vancouver, Canada

TMFOX VENTURE PARTNERS is pleased to announce an Advisory Agreement to Orbitless Drives Inc. Orbitless Drives Inc was formed out of an idea about optimization. “How to make a robotic system more cost effective to make and get rid of that annoying ring gear”, was the thesis that inventor and founder Dr Leo Stocco had. After doing his PhD in Electromechanical Optimization and spending a few years at a Robotics company focused on Robotic Surgical systems, Leo gave himself an optimization challenge. After doing a few years of basement lab engineering… the result is the Orbitless Drive platform. Patented in US, China and Europe, Orbitless is poised to become a new standard in Gear design, alongside the existing technologies like planetary, parallel axis and strainwave (harmonic) drive technologies. With this Advisory Agreement, TMFOX VENTURE PARTNERS servers a member of Advisory Board and oversees overall strategy of accessing into China market, including partnership building, deal structure , investments with viable funds.

With this Advisory Agreement, TMFOX VENTURE PARTNERS servers a member of Advisory Board and oversees overall strategy of accessing into China market, including market reserach, product/business model design, clinic trial and regulatory approval, deal structure , investments with viable funds(RMB Fund and USD FUND).

18 Apr 2018

TMFOX Clients at Home and Abroad Jointly Develop New Products to Benefit Global Cancer Patients

On April 3, 2018, GenerationsE, TMFOX (North America) technology incubating client,
formed a strategic partnership with Zifu Technology, TMFOX (China) growth accelerating
client. This partnership brings together strengths and experience the two companies
respectively have in the areas of medical artificial intelligence and medical equipment
technology. Employing the most advanced technology, both clients pledged to provide
pre-cancer and cancer patients around the globe with affordable access to early
screening, diagnosis, as well as comprehensive health management solutions.
The forming of this strategic partnership showcased a win-win scenario where North
American technology teams complement China’s high-tech companies, creating a
synergy of cross-border resources. This achievement also signaled a breakthrough in
TMFOX’endeavor to overcome cultural and technological barriers with the goal to
“Incubate Globally; Accelerate in China”.

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TMFOX Tech Incubator client: GenerationsE

GenerationsE is a TMFOX (North America) tech incubating client. The company has a
team of experts and professionals specializing in deep learning application to medical
imaging. The company is dedicated to applying the most advanced deep learning
algorithms to pathology, neurology, gastrointestinal detection and auxiliary testing.
Through partnerships with reputable medical institutions and hospitals in North America,
GenerationsE has established a huge data system in the area of intestinal cancer
detection, Parkinson’s early diagnosis, gastrointestinal cancer detection and diagnosis.
The company has also achieved major breakthroughs in algorithms.

TMFOX Growth Accelerating Client: ZiFu Technology

Shenzhen Zifu Technology became a growth accelerating cliebt of TMFOX (Shenzhen)
in 2014. As a global forerunner in the capsule endoscopy system, Zifu Technology is
committed to providing systematic solutions for people with gastrointestinal sub-health
symptoms as well as gastrointestinal patients. Boasting continuous technological
innovation, the company strives to achieve breakthroughs in the areas of patient
experience, precision, efficiency and low cost.
Zifu Technology is proud to own hundreds of patents in capsule endoscopy around the
globe. The company’s leading products include capsule gastroscopy system, capsule
colonoscopy system and auxiliary treatment products, all of which have been approved
by the Chinese regulating authorities.

TMFOX Overseas Technology Incubator Platform: TMFox (Vancouver)

TMFOX (Vancouver) is an overseas technology incubator platform established in 2015
by TMFox (Shenzhen) with the support of the government of ChangPing, DongGuan,
China. TMFOX (Vancouver) provides leadership in networking with over 4,000 overseas
technology professionals and scholars, offering a comprehensive range of services to
tech teams and start-up companies. Services include providing a platform, one-on- one
professional technology incubation, understanding of the China market needs,
innovative resource support, product design, and commercialization in the China
market.

26 Oct 2016

THE SUCCESSFUL TMFOX GLOBAL STARTUP FORUM IN 2016

The “Global Startup Forum 2016” has invited the governmental officials from China, the cross-border incubating and investment experts, legal experts and many knowledgeable people to open a dialogue on the subject of Opportunities, Challenges and Key for success in the Chinese market under the circumstances of globalization of startup resources. The goal of this event is to building a safe channel for the entrepreneurs from North America in the areas of cross-board incubating, technology and market co-operation, as well as startup resource sharing, which will help entrepreneurs to better face global incubating challenges and opportunities.

The TMFOX Global Startup Program (ChangPing) was opening at the same day. Aiming to help local entrepreneurs and startups to learn the business environment and business opportunities in China.

31 Jul 2016

A Successful 7th Anniversary Celebration & Venture Investment Seminar

July 31, 2016

TMFOX Incubator was successfully held 7th anniversary celebration and venture investment seminar in Shenzhen, China. The Ministry of Since and Technology Department of China Deputy Inspector, Mr. Tianzuo Zheng has participated this celebration event.

The event began with the managing director of TMFOX Mr. Andy Yu’s speech about a successful incubated company by TMFOX. Mr. Andy Yu thanks everyone who support TMFOX during these 7 years. In this celebration event, Mr. Jiwei Li, Mr. Chunyu Ling, Mr. Qiang Li and Mr. Andy Yu was named Outstanding Instructor Award.

We thank you for all the employees in TMFOX Shenzhen for their hardworking.