PricewaterhouseCoopers: China's investment in clean energy increased by 243.5% year-on-year in the s

According to the MoneyTree Investment Research Report on China's Clean Energy and Technology Industry in the Second Quarter of 2017 released by PricewaterhouseCoopers, China's clean energy and technology industry investment activities remained active in the second quarter of 2017, and high-tech enterprises were the investment targets. There were 51 PE/VC investment events, 33 M&A events and 5 IPO events in the second quarter.

In the second quarter of 2017, the investment in China's clean energy and technology industry increased significantly, and the amount of investment hit the single-quarter peak in nearly three years. There were 51 PE/VC investment events in this quarter, with the disclosed investment amount of 1.361 billion US dollars. The number of investment cases increased by 45.7% year on year, and the investment amount increased by 243.5% year on year. According to the number of investment cases, China's clean energy and technology industry investment in the secondary industry is still dominated by environmental protection, with 23 investment events, accounting for 45.1%; The proportion of new materials increased from 14.3% in the previous quarter to 27.5% in the second quarter, up 13 percentage points. In terms of investment amount, the new energy industry is the largest with US $938.2 million, accounting for 68.9%.

According to the report, in the second quarter of 2017, there were 33 mergers and acquisitions in China's clean energy and technology industries, with a disclosed amount of 924 million US dollars, including only one cross-border merger and acquisition, and the other 32 domestic mergers and acquisitions. The number of M&A cases in the environmental protection and new energy industries dominated, with 18 and 14 M&A cases completed, accounting for 54.5% and 42.4% respectively. Although only one M&A case has been completed in the new material industry, the amount of M&A reached 392.6 million US dollars, accounting for 42.5% of the total amount of M&A in the whole industry, ranking first.

After experiencing the IPO peak in the previous quarter, five enterprises in China's clean energy and technology industry completed IPOs in the second quarter of 2017. Compared with the first quarter, the IPO audit speed in the second quarter declined significantly, and the IPO events were halved. At the same time, the amount of funds raised by IPO was slightly higher than that of the previous quarter, reaching US $661 million. Of the 27 companies listed on the New Third Board, 20 occurred in the field of environmental protection, accounting for 74.1%.