1. Research Institute of Tsinghua University in Shenzhen (RITS)
The University Venture of Tsinghua – A Case Study: RITS
Renchen Liu
Research Institute of Tsinghua University in Shenzhen (RITS)
April 2017

2. Tsinghua University and its Venture System
A Case Study: RITS

3. Tsinghua University est. 1911 in Beijing
One of Top 2 in China, ranking #1 worldwide in engineering, China’s most important institution for fostering talent and scientific research
Strong R&D Capability
4,639 SCI papers published
1810 patents granted, 530 PCT patent applications submitted
US $ 675m research fund
Technology Transfer and Venture
Close combination of technology with industry and capital
Active collaboration with regional government and businesses
Pioneering exploration on international technology transfer
Focused establishment of innovation ecosystems
Over 604 alumni in Chinese Academy, over 30% of total since 1952, Over 400 alumni serving/served as university chancellors
$674m research fund (2015)

4. Office of Technology Transfer
From Technology to Industry
Tsinghua University
Local Research Institutes
Tsinghua Holdings
Office of Technology Transfer
Support
Information Technology, public safety, energy saving
Integrated circuits, cloud Infrastructure
Science parks, innovation services, finance
Pharmaceutics, life sciences
Media, education, publishing
Planning and architecture
Biomedicine, healthcare
Finance
... …
Regional General Institutes
Specialized Institutes
Research Institute of Tsinghua University in Shenzhen
Research Institute of Tsinghua, Pearl River Delta
Institute of Tsinghua University, Xiamen
Yangtze Delta Region Research Institute of Tsinghua University, Zhejiang
Industrial Development Research Institute in Beijing
Institute of Tsinghua University, Hebei
Suzhou Automotive Research Institute
Wuxi Research Institute of Applied Technologies
Hefei Institute for Public Safety Research
Tianjin Reseatch Institute of Advanced Equipment
Institute for Electronics and Information Technology in Tianjin
Shanxi Institute for Clean Energy Research
Energy and Internet Research Institute

5. Tsinghua Holdings Commercial platform of Tsinghua University
Funded by Tsinghua University in 2003, total asset ~$43.53 billion (2016)
A benchmark for industry-research-capital integration
Industrializing scientific and technological research achievements
Successfully commercialized over 40 national key research achievements, including many with international influence.

6. Research Institutes around China
Started in 1996 in Shenzhen
Regional Institutes:
Research Institute of Tsinghua University in Shenzhen
Research Institute of Tsinghua, Pearl River Delta
Institute of Tsinghua University, Xiamen
Yangtze Delta Region Research Institute of Tsinghua University, Zhejiang
Industrial Development Research Institute in Beijing
Institute of Tsinghua University, Hebei
Specialized Institutes:
Suzhou Automotive Research Institute
Wuxi Research Institute of Applied Technologies
Hefei Institute for Public Safety Research
Tianjin Reseatch Institute of Advanced Equipment
Institute for Electronics and Information Technology in Tianjin
Shanxi Institute for Clean Energy Research
Energy and Internet Research Institute
校地合作
http
Active collaboration with
30 province-level administrative regions (out of 34)
103 cities / development zones
Focuses: technology and innovation, talents, education, consulting, poverty reduction, etc.
://en.thholding.com.cn/ /02/c_54652.htm

7. RITS Background
Jointly established by Tsinghua University and Shenzhen Municipal Government in 1996
In charge of University-Local collaboration in South China
An institutional organization, but runs as an enterprise
The very first innovative R&D organization in China, together with other first ones
The 1st Innovative
R&D Organization
1996
The 1st to Establish
Innovative Management System
1998
The 1st VC from Innovative
R&D Organization
1999
The 1st Technology Finance
Platform of Innovative R&D Organization
2009
这里添加说明
The 1st Overseas Innovation Centre
of Innovative R&D Organization
2010

8. International Network
RITS Innovation Eco-System
Shenzhen Government
Tsinghua University
RITS
R&D Platform
Talents Training
Investment
/Incubation
Technology Finance
Innovation Base
International Network
Biotechnology
New Energy
Wireless Broadband
Funds Management
Financial Guarantee
Optomechatronics
Electronics &IT
Post Doctoral
Training Center
Entrepreneurs
Leaguer VC
Qingyan VC
Microfinance
Finance Lease
Hi-techPark
Zhuhai Science Park
Foshan Science Park
Shunde Science Park
Qingxi SParkcience
Dongguan Centre
D-Park
US Centre
EU Centre
RU Centre
DE Centre
Technology
Talents
Capital
Space
Go Public
Hi-tech Projects
Startups
Successful Enterprises
M & A
Grow Up

9. RITS Innovative R&D Platforms
研发是孵化企业的支撑
孵化企业是研发的目的
RITS
Key Lab of Wireless Broadband Communication
Key Lab of Wireless Broadband Network Technology
Key Lab of EDA (Electronic Design Automation)
Key Lab of Digital TV System
Key Lab of Cloud Computing & Disaster Recovery Technology
Key Lab of Low Carbon Energy
Key Lab of Microelectronics and Intelligent Technology
Advanced Composite Materials Research Center
Advanced Semiconductor Laser Research Center
Key Lab of Micro/nano Engineering
Key Lab of Industrial Separation & Environment Protection
Key Lab of Biomedical Materials & Implant Devices
Key Lab of Advanced Energy Storage Materials & Devices
Key Lab Traditional Chinese Medicine and Natual Medicine
Key Lab of Optromechatronics
Research Center for
Wireless Broadband
Communications
Electronics &
Information Technology
Advanced Materials
& Biotechnology
Optomechatronics &
Advanced Manufacturing
New Energy &
Envioronmental Technology
5 Chief Scientists in National Program on Key Basic Research Project;
4 Global Experts from Recruitment Program;
4 Guangdong Innovative R&D Team and Peacock Plans;
300+ full-time researchers;
328 patents filed , 192 patents granted, 67% are invention patents, ranked top in Guangdong;
Commercialized and transferred over 150 technologies.

10. More than 80 postdoctoral students
RITS Talent Training
More than 80 postdoctoral students
Postdoctoral Workstation——
Training Center for graduate students of Tsinghua University in southern China
Postgraduate Training Base——
Courses in management, finance, entrepreneurship, etc., with turnover beyond £20m annually
Executive/Business Training——

11. International Cooperation
RITS Venture and Incubation
Leaguer Group
Specialized and market-oriented investment platform of RITS
Incubated more than 1500 high-tech companies, 37 of which are listed
Directly invest and manage 15 funds, total amount reached $1.02 billion, average IRR 30%
Technology Finance
International Cooperation
Innovation Bases
Innovation Services
Investment and M&A
Technology Industry
Leaguer Group
Leaguer’s
Services
Technology transfer
Incubation & acceleration
Post-investment service
Education & Training
Intellectual Property services
Science Parks management
Customized support
Team forming
Enterpreneur Club
Technology commercialization
Company growth
Industry cluster
Regional development
Incubation
Best practice
THU & RITS’s resources
External resources
Internal resources

12. RITS Innovation Bases
Innovation bases are important physical spaces of innovation services.
They are for incubation, acceleration, training, management, government services and many more, cultivating a large pool of high-tech companies.

13. RITS Technology Finance
Promote finance-powered technology transformation and financial system innovation
Shenzhen Leaguer Technological Petty Loan Co., Ltd.
Leaguer Intelligent Financial Guarantee Holding Co., Ltd.
Shanghai Leaguer Financing Lease Co., Ltd.
Shenzhen Leaguer Huarui EquityInvestment Fund Management Co., Ltd.
Shenzhen Leaguer Financing Investment Co. Ltd
Technology + Finance
Package solution based on Tsinghua’s resources supporting high-tech companies
Equity + Bond
Adding value to companies through loans and investments

14. Nordic Office (2014, Stockholm/Helsinki) German Centre (2013, Cologne)
RITS International Development
North American Centre
(2010, Silicon Valley)
European Centre
(2011, Oxford)
Russian Centre
(2012, Moscow)
Nordic Office (2014, Stockholm/Helsinki)
German Centre (2013, Cologne)
East Coast Office
(2016, Boston)
Israeli Centre
(2015, Tel Aviv-Yafo)
RITS
International technology transfer
Cross-Border investment and M&A
Cross-Border Acceleration and service

15. RITS International Development
Intl Accelerator
Oversea Capital
Guidance Fund
LPs
RITS
Cross Interaction
Cross-Border Fund
Cross-Border Acceleration
Investment Abroad
Investment in China
Industry/Market
Match-Making
Growth Stage Tech Company
Relevant Industry/Listed Company
JV in China
Expansion of Manufacturing and Market
Organic Growth
Expansion and Growth
Accelerated Growth
Investment
IPO
Exit Abroad
Exit in China
M&A
Mature Tech Company
M&A

16. Cross-Border Investment and Acceleration A Case Study
A homeland security system company with good technology advantage based in Nordic
Started in 2013 and A-round in 2015
Provides end users with a completely new capability of stand-off or walk-by screening for physical security applications
How we help:-
Invested in the company and have a board seat
Matched a strategic leading corporate venture in China
Conducting field trial of the product in China
Planning to establish large scale manufacturing base in China
Applying for government’s funding

17. Thank You!