We, Argyle Street Management (ASM), plan to vote against the re-election of Elizabeth Kan (Elizabeth) at the annual general meeting of China Merchants China Direct Investments (133 HK, CMCDI) on 20 June 2024.

All the new investments that CMCDI has made during her tenure are bets on advanced technologies. We wonder what Elizabeth knows about tech.

To recap, Elizabeth is the Managing Director of the First Eastern Investment Group (FEIG). The principal of the FEIG is Mr. Victor Chu (諸立力, Victor). Elizabeth has been Victor’s long-time lieutenant.

When we, ASM, took over, liquidated and delisted FEIG‘s Guangdong Development Fund two decades ago, we crossed paths with Victor and Elizabeth.

Suffices to say that Elizabeth had not yet evolved into an expert of advanced technologies back then.

What does Elizabeth know about advanced technologies?

Elizabeth became an executive director of CMCDI in April 2020.

Not only that: she is even a member of the investment committee, which has the authority to approve any investments over US$ 20 million. That is arguably the most important function of the board.

Since then, CMCDI has made the following new investments. All are related to advanced technologies:

  • Beijing Hanwei Innovation Technology (2023): ultra-wideband chip
  • Moonshot AI (2023): artificial intelligence
  • Immvira Bioscience (2022): biotechnology
  • Beijing Huashun Xin’an Technology (2021): cyber security
  • Xinyi Information Technology (2021): internet of things
  • Rizhao Azuri Technologies (2021): modulated lasers
  • China UnionPay (2020): payment system
  • iFlytek Healthcare (2020): artificial intelligence medical
  • CASRF Fund (2020): technology and medical investment
  • Huiyou Xingyao Fund (2020): biopharmaceutical R&D
  • Flexiv (2020): robotics

How has Elizabeth personally contribute to sourcing, supervising and executing these investments in advanced technologies?

Elizabeth’s own biography says that she used to be an auditor. She is also the director of two firms that specialize in luxury yacht marinas, and a director of a firm that specializes in saving energy.

The biography sheds little light on her knowledge and experiences in advanced technologies.

We have more questions for Elizabeth. Stay tuned.

Visit us:  UnlockValueChinaMerchants.com

Write to us:  ChinaMerchants@asmhk.com


我们, Argyle Street Management (ASM),计划在招商局中国基金(133 HK,“中国基金“)2024年6月20日举行的股东周年大会中投票反对重选簡家宜女士为董事。

簡家宜女士( “简女士”,英文名KAN Ka Yee, Elizabeth)是第一东方投资集团(“第一东方”)的董事总经理。第一东方的主要负责人是諸立力先生(”諸先生”,英文名Victor Chu Lap Lik)。简女士长期以来是諸先生的副手。

当我们Argyle Street Management在二十年前接管、清算并摘牌了广东发展基金(由諸先生共同创立的另一只封闭式基金)时,我们与諸先生和简女士曾经交过手。

我们可以这么说,当时的简女士还没有进化成为高科技专家。

简女士真的懂中国基金主力投资的高端科技吗?

2020年4月,当简女士当选成为中国基金的执行董事。

同时:她还是投资委员会的成员,有权参与决策批准任何超过2000万美元以上的投资。这可以理解为中国基金董事职责中最重要的部分。

自此,中国基金做出了以下新投资,而所有这些投资都与高端技术有关:

  • 北京瀚巍創芯電子技術有限公司(2023年):超寬頻芯片
  • 月之暗面(2023年):多模態大模型
  • 亦諾微(2022年):生物技术研发
  • 北京華順信安科技有限公司(2021年):网络安全
  • 芯翼信息科技(上海)有限公司(2021年):物联网系统级芯片
  • 日照市艾銳光電科技有限公司(2021年):直调激光器
  • 中国银联(2020年):金融支付
  • 安徽科大訊飛醫療信息技術有限公司(2020年):人工智能医疗
  • 深圳市國科瑞華三期股權投資基金合夥企業(2020年):科技和医疗投资
  • 南寧匯友興曜股權投資基金合夥企業(2020年):生物制药研发
  • 非夕科技(2020年):机器人技术

我们想知道简女士对上述高端科技了解多少?

在这些高端科技项目的来源及执行中,简女士个人是如何参与的呢?

简女士自己的简历显示,她曾经是一名审计师。她还是一家专门从事豪华游艇码头的公司的董事,以及一家专门从事节能的公司的董事。简历对她在先进技术方面的知识和经验几乎没有提供任何信息。

我们对简女士还有更多疑问。敬请关注我们的帖子。

访问我们:  UnlockValueChinaMerchants.com

电邮我们:  ChinaMerchants@asmhk.com

One response to “👎 What does Elizabeth Kan know about advanced technologies? 简女士真的懂高端科技吗?”

  1. […] have written much on Elizabeth in the past few days (this, this, this, this and this […]

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