2022-01-26 Company Announcement

VMS Announces Strategic Cooperation with Northern Light Venture Capital

We are pleased to announce that VMS has formed a strategic cooperation with Northern Light Venture Capital (“NLVC”). The strategic cooperation will leverage the investment expertise and industry resources from both sides to create long-term and sustainable value for respective parties as well as their portfolio companies.

Founded in 2005, NLVC is a leading Chinese venture capital firm specializing in early-stage innovation and disruptive technology. NLVC partners with global entrepreneurs seeking China and global expansion opportunities, and helps build great, sustainable global companies that change society.

Benny Chong, Chairman & Founder of VMS Group, commented: “The strategic cooperation with NLVC is a significant milestone for us to continue our efforts in fostering innovation and creating values in the market. Throughout the years, we have formed strategic partnerships with investment managers who possess synergistic coverage to VMS to support cross-fertilization in areas such as deal sourcing and due diligence. NLVC’s rich expertise in venture capital investments is uniquely complimentary to VMS’ emphasis on bringing growth-stage companies to the next level”.

Feng Deng, Founding Managing Partner of NLVC, said: “NLVC has accumulated profound industry insights and market practices on early-stage investments spanning across technological innovation, healthcare and new consumer sectors. NLVC is led by experienced entrepreneurs, operators, and investors with deep technical and global expertise in both China and the US. VMS has long focused on investing and tapping the internal value of great enterprises. We look forward to collaborating closely with VMS to jointly empower the best-of-breed businesses to unleash their full potential to enter the next phase of growth expansion, with not just our capital infusion, but also business expertise and operational support”.

If you would like to hear the latest updates on our Firm and products, please feel free to contact our Investor Relations team at IR@VMSIG.COM.

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