GP Capital-invested Bonree Listed on STAR Market
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On August 17, Beijing Bonree Data Technology Co., Ltd. (Bonree), invested by Su Shang Fund under GP Capital, was listed on the Science and Technology Innovation Board (STAR Market), with the abbreviation Bonree Data and the ticker 688229. The company issued 11.1 million shares at 65.82 yuan per share. This is the third GP Capital-invested enterprise listed on the STAR Market after Montage Technology and Ronbay Technology.
Bonree Data is a Chinese leading application performance management (APM) service provider. With the concept of empowering IT operation and maintenance, it is committed to providing enterprise-level customers with APM service, sales application performance monitoring software and other relevant services. With the most advanced network service performance monitoring and page security warning platform in China, it is the most authoritative user experience assessor in China. The successful listing on the STAR Market marks a milestone of the company and a new level for China's APM/ITOM industry.
Founded in July 2017, Su Shang Fund is operated and managed by GP Xincheng Investment Management Co., Ltd. The fund mainly invests in rising industries like automotive electronics, optical communication, next-generation semiconductor, new materials, big data and IoT. The fund invested in Bonree in July 2018 as its only institutional investor.
