01
First Visit
In order to gain an in-depth understanding of the company's team, technology and future growth momentum, after our initial communication with the company via phone or letter, we will assign an investment assessment team to visit on-site to understand the company's operating overview and future prospects, and write an interview reports, brought up for discussion at the monthly business meeting. To facilitate our preliminary assessment, which require the most recent year's accounting report, latest self-finance report and fundraising plan for evaluation.
02
Due Diligence
(Due Diligence)
After internal discussions and approval, we will successively request information from the company on company organization, products, technology, market development, financial forecasts and other aspects. On the other hand, in order to better grasp the pulse of the industry and understand your technical advantages, we will also through expert conducted in-depth interviews with upstream and downstream industries, as well as comparisons with similar peers.
03
Investment Review Committee x Board of Directors
After obtaining sufficient evaluation data, we will compile it into an evaluation report and submit it to the Investment Review Committee of TCVT. After the review meeting is completed, we will submit it to the latest board of directors for consensus resolution.
04
Contract Drafting and Signing
After obtaining the consent of the directors, we will use our handling staff and retained lawyers to assist in the subsequent drafting of the contract. At the same time, we will also confirm the remittance account and fund flow with you. After both parties reach a consensus, we ask the company to sign it and provide it to the contact person so that we can carry out follow-up work.
05
Remittance
After the contract is signed, the company must provide a remittance advice to the handling staff for remittance operations. The remittance advice must indicate the name, number, address of the remittance account, as well as the remittance information and number of shares. Once the payment is confirmed, proof of remittance must be submitted within five days, and shareholding certification documents must be provided as soon as possible.
