Strategic investors is the legal compliance with national laws, regulations and requirements, and the issuer has a partnership or cooperative and willing to follow the intent and potential placement requires the issuer and the issuer signed a strategic investment in the Placing Agreement, the issue of the company's business is in close contact with the For long-held corporation and the issuing company shares. Our introduction of strategic investors in the IPO, allowing strategic investors in issuers involved in the purchase of new shares. Underwriter is responsible for determining the general institutional investors, issuers have given each of its strategic investors in the stock issuance announcement of a clear definition of refinement. Strategic investors strategic investors Specifically refers to a strategic investor with capital, technology, management, marketing, personnel, able to promote industrial upgrading and enhance their core competitiveness and ability to innovate and expand their market share, is committed to long-term investment and cooperation, seek to obtain domestic and foreign big business returns and long-term interests of sustainable development of enterprises, large group. First, the strategic investor must have good qualifications, with relatively abundant capital, core technology, advanced management, and has a good industrial base and strong financing capability. Secondly, the strategic investors not only to bring a lot of money, but also to be able to bring advanced technology and management, to promote structural, industrial structure adjustment of product upgrades, and is committed to long-term investment cooperation, and seek long-term financial return. Third, the introduction of strategic investors, in conjunction with the actual situation in the country, cities and counties should be different, do not think only the top 500 international, national 500 is a strategic investor, to have the capital, technology, markets, can enhance their competitiveness and ability to innovate, the formation of industrial clusters, are strategic investors.