bep, the investment portfolio of cel global investment fund l.p., has recorded rapid growth in asia
business related 03 apr 2017
burke e. porter machinery company (“bep”), a portfolio company of cel global investment fund, l.p. (“fund”), a private equity fund sponsored and managed by china everbright limited (“cel”, stock code: 165.hk), achieved rapid growth in asia in 2016.
despite the economic slowdown in markets such as china, india and korea, the asian business of bep recorded very significant growth in revenue and earnings in 2016. the company upholds the principle of constantly launching quality products that serve asian customers and improving the customer satisfaction. the company has taken advantage of the rapid development of the auto market in china, in particularly electric vehicles, and offered products that are tailored to the local requirements, such as end of line testing and chassis dynameters. as a testament to its product quality and service capabilities, the company has won recognition from the customers in the region, including the excellent supplier awards from gac fca in 2014 and from saic group in 2016. looking forward, although the market environment in china, india, korea and japan may still be challenging in 2017, the company will turn the challenges into opportunities and strive for continuous growth which will be built upon its strong reputation and technological edge.
as a controlling shareholder of bep, the fund team in cel has proactively identified potential customers and expanded the sales network for bep in china. the fund’s efforts in portfolio management are instrumental to the strong growth of the company and help build up experience that is replicable and relevant in future investment.
the fund is constantly looking for investment opportunities in global markets, particularly in developed markets in europe and north america. it will continue to play a proactive role in post-investment management and help the portfolio companies bring their products and technologies to china to capitalize the vast opportunities in the chinese market. the fund will aim to facilitate china’s industrial transformation and upgrade while generating financial returns.
the fund is available only for investment by professional investors (as defined under the securities and futures ordinance). investment involves risks. fund price may move up or down. past performance of any fund and securities is of no guide to future performance. professional investors should refer to the offering documents (including the risk factors) before investing.
despite the economic slowdown in markets such as china, india and korea, the asian business of bep recorded very significant growth in revenue and earnings in 2016. the company upholds the principle of constantly launching quality products that serve asian customers and improving the customer satisfaction. the company has taken advantage of the rapid development of the auto market in china, in particularly electric vehicles, and offered products that are tailored to the local requirements, such as end of line testing and chassis dynameters. as a testament to its product quality and service capabilities, the company has won recognition from the customers in the region, including the excellent supplier awards from gac fca in 2014 and from saic group in 2016. looking forward, although the market environment in china, india, korea and japan may still be challenging in 2017, the company will turn the challenges into opportunities and strive for continuous growth which will be built upon its strong reputation and technological edge.
as a controlling shareholder of bep, the fund team in cel has proactively identified potential customers and expanded the sales network for bep in china. the fund’s efforts in portfolio management are instrumental to the strong growth of the company and help build up experience that is replicable and relevant in future investment.
the fund is constantly looking for investment opportunities in global markets, particularly in developed markets in europe and north america. it will continue to play a proactive role in post-investment management and help the portfolio companies bring their products and technologies to china to capitalize the vast opportunities in the chinese market. the fund will aim to facilitate china’s industrial transformation and upgrade while generating financial returns.
the fund is available only for investment by professional investors (as defined under the securities and futures ordinance). investment involves risks. fund price may move up or down. past performance of any fund and securities is of no guide to future performance. professional investors should refer to the offering documents (including the risk factors) before investing.
