Beijing High Technology Venture Capital Co.,Ltd.(former Beijing High TechnologyIndustry Investment Co.,Ltd)was founded on October 27,1998 with a registered capital of 31million yuan (RMB) and funded by Beijing Comprehensive Investment Company, StatDevelopment & Investment Corp.,Beijing City State-owned Assets Management Company, ShougaGroup and Tsinghua Tongfang Co.,Ltd. As the first venture capital company in Beijing,BJVCfocuses on China's start-up companies in high-tech industries and how to develop venture capitalin Mainland China together with its craft-brothers.