China Potevio Information Industrial Co., Ltd. (Potevio) plans to establish a RMB100M VC fund together with domestic investment management companies. Its investment targets include mobile value-added services, 3G technology, broadcasting, and financial sectors. Each deal will be closed at not less than RMB20M.

Potevio is seeking for suitable investment projects. Then it will provide training for those projects with its advantages. This VC fund is closely related with the to-be-launched China growth enterprise market (GEM). The fund will invest a host of mature enterprises, and ultimately help them debut on the GEM.

As a central large-size enterprise controlled by the SASAC, Potevio has five subsidies including Eastcom Corporation, Shanghai Postal Communications Device Corp., Chengdu Cable, Nanjing Potevio, and Bird Co.