Oriza Holdings

Oriza traces its roots back to 1994 when Singapore and China established the Suzhou Industrial Park which is also known as the China–Singapore Suzhou Industrial Park.[2][4]

On November 28, 2001, China-Singapore Suzhou Industrial Park Ventures (CSVC) was founded as an investment firm that could funnel capital to the technology startup companies at the park.[1][2][5][6]

On September 28, 2007, the firm underwent restructuring and the entity known as Suzhou Venture Group (SVG) was formed.[7][8]

In November 2012, the firm was renamed to Oriza Holdings.[2][9]

In 2015, the firm set up Oriza Ventures, a Silicon Valley unit that invests in American startup companies.[10][11]

Although the firm is state-owned it claims that it takes on an entirely market-oriented approach in identifying its investment targets.[2] While it maintains good relationships with local governments, it will refuse to invest in projects which could jeopardize the firm's reputation.[2]

Signing ceremony launching Infinity-CSVC China Fund, June 22, 2004

In 2004, the firm partnered with the Infinity Group to establish a joint Israel-China fund of US$15 million known as the Infinity-CSVC China Fund.[7][12]

In 2008, the firm launched a second joint Israel-China fund of US$300 million known as the Infinity-I China fund.[7][12][13]

In December 2010, the firm partnered with China Development Bank to launch Guochuang Fund of Funds, a US$9 billion state-backed fund of funds to support China's venture capital and private equity firms.[2][14][15]

In 2013, a consortium that included, Oriza, CITIC Capital and China Merchants Group acquired a 24.5% stake in SF Express for 8 billion RMB.[2][16] After SF express went had a large initial public offering in 2017, it was estimated that Oriza could have obtained a 10 times gain.[2][17]

In November 2015, Oriza, Tencent and Alibaba Group contributed US1.6 billion to CMC Holdings, an investment platform launched by Li Ruigang and his firm China Media Capital.[2][18] In December 2015, CMC holdings would acquire a 13% stake in City Football Group, the owner of Manchester City F.C. for US$400 million giving Oriza a stake of the club.[2][19]

In October 2020, Oriza and CDH Investments purchased US$219 million worth of CSI Solar shares from its parent, Canadian Solar so CSI Solar could qualify for a planned carve out initial public offering in China.[20]

In 2022, it was reported that the China Integrated Circuit Industry Investment Fund known as the "Big Fund" had invested into Oriza.[21][22] The fund was under investigation for suspected corruption and bribery.[21][22]

• Official website