<!doctype html>
<html lang="zh-hans">
<head>
  <meta charset="UTF-8">
  <meta http-equiv="X-UA-Compatible" content="IE=edge">
  <meta content="width=device-width, initial-scale=1.0, minimum-scale=1.0, maximum-scale=1.0, user-scalable=no" name="viewport">
  <meta name="format-detection" content="telephone=no">

 <!-- <META HTTP-EQUIV="pragma" CONTENT="no-cache">
  <META HTTP-EQUIV="Cache-Control" CONTENT="no-cache, must-revalidate">
  <META HTTP-EQUIV="expires" CONTENT="0">-->
  
  <meta http-equiv="Content-Type" content="text/html; charset=utf-8" />
<link rel="shortcut icon" href="https://www.qimingvc.com/sites/default/files/favicon_1.ico" type="image/vnd.microsoft.icon" />
<meta name="description" content="Qiming Venture Partners is a top-tier VC firm with outstanding reputation. With our exceptional investment performances, we have been widely recognized by investors from around the world.We have a reputation for being entrepreneur friendly." />
<meta name="keywords" content="启明创投, 启明, 风险投资, TMT, 医疗健康, qiming ventures, qiming venture partners, qiming, healthcare" />
<meta name="robots" content="follow, index" />
<link rel="image_src" href="http://www.qimingvc.com/sites/all/themes/qiming/images/logo.svg" />
<link rel="canonical" href="https://www.qimingvc.com/cn/node/4226/http%3A/sites/all/themes/qiming/images/logo.svg" />
<link rel="shortlink" href="https://www.qimingvc.com/cn/node/4226/http%3A/sites/all/themes/qiming/images/logo.svg" />
  <title>启明星 | 摩天轮票务崔杰夫：互联网的下半场，现场娱乐的上半场 | 启明创投</title>
    <link type="text/css" rel="stylesheet" href="https://www.qimingvc.com/sites/default/files/css/css_xE-rWrJf-fncB6ztZfd2huxqgxu4WO-qwma6Xer30m4.css" media="all" />
<link type="text/css" rel="stylesheet" href="https://www.qimingvc.com/sites/default/files/css/css_WkA3l5PABYsmAT6RuP_eKPA5CHBuLYSgAnfF-uTAwZI.css" media="all" />
<link type="text/css" rel="stylesheet" href="https://www.qimingvc.com/sites/default/files/css/css_W2kp5XFLy3cDWCei6IzZoAAfW7H3JLbjygEbhDg6HQ4.css" media="all" />
<link type="text/css" rel="stylesheet" href="https://www.qimingvc.com/sites/default/files/css/css_nfcPyOFO9FMlFbG4Nruw2C2q0-DxKGgPUF8w_nw-JF0.css" media="all" />

<!--[if lt IE 9]>
<link type="text/css" rel="stylesheet" href="https://www.qimingvc.com/sites/all/themes/qiming/css/ie.css?t5ags3" media="all" />
<![endif]-->
<link type="text/css" rel="stylesheet" href="https://www.qimingvc.com/sites/default/files/css/css_6bbUhaD_i6j4vDXTbDZ-b2jKrvhk0SBLGDi4bC17XT4.css" media="all" />
</head>
<body class="html not-front not-logged-in no-sidebars page-node page-node- page-node-4226 page-node-http page-node-http-sites page-node-http-sites-all page-node-http-sites-all-themes page-node-http-sites-all-themes-qiming page-node-http-sites-all-themes-qiming-images page-node-http-sites-all-themes-qiming-images-logosvg node-type-news i18n-zh-hans zh-hans" >
    <!--<div class="open-screen">
    <video src="images/1.mp4" id="openScreenVideo" autoplay="autoplay" muted="muted"></video>
</div>-->

<div class="header">
    <div class="w clearfix">
                    <div class="logo">
                <a href="/cn" title="启明创投" rel="home" id="logo">
                    <img src="/sites/all/themes/qiming/images/logo.svg"
                         alt="启明创投"/>
                </a>
            </div>
                <div class="nav-btn">
            <span></span>
        </div>
                    <div class="lang-box">
                    <div id="block-locale-language" class="block block-locale">

    
    <ul class="language-switcher-locale-url"><li class="zh-hans first active"><a href="/cn/node/4226/http%3A/sites/all/themes/qiming/images/logo.svg" class="language-link active" xml:lang="zh-hans">中</a></li>
<li class="en last"><a href="/en/node/4226/http%3A/sites/all/themes/qiming/images/logo.svg" class="language-link" xml:lang="en">EN</a></li>
</ul></div>
            </div>
        
                    <div class="nav">
                    <div id="block-system-main-menu" class="block block-system block-menu">

    
    <ul class="menu clearfix"><li class="first leaf"><a href="/cn/team">团队</a></li>
<li class="leaf"><a href="/cn/portfolio">投资企业</a></li>
<li class="leaf"><a href="/cn/insights">启明动态</a></li>
<li class="leaf"><a href="/cn/newsroom">新闻</a></li>
<li class="last leaf"><a href="/cn/about">关于</a></li>
</ul></div>
            </div>
            </div>
</div>
    <div class="node-wrapper">
        <div class="w">
                                                    <div class="tabs"></div>                                </div>
                        <div id="block-system-main" class="block block-system">

    
    <div class="news-detail news-detail-4226">
    <div class="w clearfix">
        <div class="news-detail-main">
            <!--            <div class="back" data-referer="--><!--"><a href="--><!--">&nbsp;</a></div>-->
            <div class="back"><a href="javascript:history.back();">&nbsp;</a></div>
            <div class="news-type">投资企业新闻</div>

            <!--<a href="" class="news-type"></a>-->
            <h2 class="font-medium">启明星 | 摩天轮票务崔杰夫：互联网的下半场，现场娱乐的上半场</h2>
            <div class="news-source">
                  
          <span class="date-display-single">2019/12/17</span>    
                      |   
          长江创创社区    
                            </div>
            <div class="news-main">
                  
          <p><strong>摩天轮票务</strong>是新一代互联网演出票务交易平台，提供演唱会、舞台剧、体育赛事等票务的购买。它<strong>是国内首家明确提出“折扣票”定位的票务平台</strong>，无论是在融资速度、规模、进程方面，摩天轮票务都在同类平台中遥遥领先。</p>

<p>&nbsp;</p>

<section data-id="92245" data-tools="135编辑器">
<section data-role="paragraph" data-width="94%">
<section>
<section>
<section>
<section>现场娱乐未来将如何增长？什么因素驱动了现场娱乐市场的发展？以下是摩天轮票务创始人崔杰夫在长江创创课堂上的分享。</section>
</section>
</section>
</section>
</section>
</section>

<section>
<section powered-by="xiumi.us">
<section>&nbsp;</section>
</section>
</section>

<section>
<section powered-by="xiumi.us">
<section>
<section powered-by="xiumi.us">
<section>
<section powered-by="xiumi.us">
<section><strong>01/</strong></section>

<section><strong>现场娱乐是最后一个有10倍增长空间的大众娱乐市场</strong></section>
</section>
</section>
</section>
</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section>让我们先来看中美大众娱乐市场的发展。如果我们把大众娱乐的各种形式做个简单归类，它包括了四类型的娱乐形式：<strong>游戏、电影、在线视频、现场娱乐。</strong></section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section><img _width="629.6px" crossorigin="anonymous" data-fail="0" data-ratio="0.6658824" data-src="https://mmbiz.qpic.cn/mmbiz_jpg/7xIloZ9IeHMw91oousggsdsJwvPTqyUjfNTChavicz8xsVcib0iaFKcdJNUgQrteO6V4xgGubYXQKq9snKa08Bkyg/640?wx_fmt=jpeg" data-type="jpeg" data-w="850" src="/sites/default/files/news/2019121701.jpg" style="width: 1700px; height: 1132px;"></section>
</section>

<section powered-by="xiumi.us">
<section>
<p class="rtecenter">摩天轮票务创始人崔杰夫</p>
</section>

<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section>
<section powered-by="xiumi.us">
<section>
<section>
<section>
<section><strong>1、&nbsp;游戏</strong></section>
</section>
</section>
</section>
</section>
</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section>游戏在大众娱乐市场是最多人愿意为它花钱的。原来美国是全球最大的娱乐市场，但是在好几年前中国游戏产业的市场规模就已经超过美国了。目前中国游戏市场规模379亿美元，而且保持着持续高速增长。</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section>
<section powered-by="xiumi.us">
<section>
<section>
<section>
<section><strong>2、&nbsp;电影</strong></section>
</section>
</section>
</section>
</section>
</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section>2003年，电影制作逐步市场化；2007年，院线也进行了市场化改革，从此开启了中国电影的黄金10年。中国电影去年票房是600多亿人民币，美国100亿美元出头，中美在电影领域势头目前非常接近。中国有很多大的电影公司，再加上人口基数的优势，会使得中国和美国电影市场规模体量相当，甚至超过美国。</section>
</section>

<section powered-by="xiumi.us">
<section>&nbsp;</section>
</section>

<section powered-by="xiumi.us">
<section>
<section powered-by="xiumi.us">
<section>
<section>
<section>
<section><strong>3、&nbsp;在线视频</strong></section>
</section>
</section>
</section>
</section>
</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section>这里主要指长视频，目前美国的市场规模是300多亿美元，中国的市场规模是160亿美元左右。这里我们要留意两个指标：</section>

<p>&nbsp;</p>

<section><strong>1）用户的付费比例。</strong></section>

<p>&nbsp;</p>

<section><strong>2）用户愿意为看视频花多少钱。</strong></section>

<p>&nbsp;</p>

<section>在中国，这两个指标正在迅速增长，美国相对比较稳定。按这个趋势推断，中国的在线视频在3-5年内也能赶上美国。虽然现在中国在线视频的市场规模只有美国的一半，但中国的相关企业已经做得很大了，整个行业在快速爆发中。</section>
</section>

<section powered-by="xiumi.us">
<section>&nbsp;</section>
</section>

<section powered-by="xiumi.us">
<section>
<section powered-by="xiumi.us">
<section>
<section>
<section>
<section><strong>4、&nbsp;现场娱乐</strong></section>
</section>
</section>
</section>
</section>
</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section>我们自己定义的现场娱乐，通俗来说，包括比赛、演唱会、话剧、舞蹈、相声等类型。</section>

<p>&nbsp;</p>

<section>在中国，现场娱乐还是很小众的事，基本只有一线和头部二线城市有这样的习惯。而在欧美发达国家，现场娱乐几乎能覆盖每个人的娱乐方式。<strong>美国现场娱乐的市场规模有320亿美元，而中国目前只有大约30亿美元，只有美国的十分之一，处于爆发前夕。</strong></section>

<p>&nbsp;</p>

<section>随着民营资本对场馆建设的推动，以及线上发行渠道的日益成熟，我相信最终中国能追上美国。这也是当初我们选择这个小众领域的原因。</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section>
<section powered-by="xiumi.us">
<section>
<section powered-by="xiumi.us">
<section><strong>02/</strong></section>

<section><strong>城市下沉、品类扩张、长尾内容、新生代消费驱动现场娱乐增长</strong></section>
</section>
</section>
</section>
</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section><img _width="629.6px" crossorigin="anonymous" data-fail="0" data-ratio="0.562963" data-src="https://mmbiz.qpic.cn/mmbiz_png/7xIloZ9IeHMw91oousggsdsJwvPTqyUjbf4HxJSczDUuqh8g2WJHWGIzlq7sXibJw2icNNnbNCwOO7TFAD7lp2bg/640?wx_fmt=png" data-type="png" data-w="1080" src="/sites/default/files/news/2019121702.jpg" style="width: 2160px; height: 1216px;"></section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section><strong>我们先看看中美电影市场的历史增长曲线。</strong></section>

<p>&nbsp;</p>

<section>1999年的时候中国票房市场大概是8、9亿元人民币，到去年达到600多亿元人民币，近20年时间涨了六七十倍。美国电影有一个黄金25年，而中国用5年的时间就追上了，因为中国人口基数大，一旦激发消费习惯，整体增长速度非常快。</section>

<p>&nbsp;</p>

<section><strong>对比中美电影市场，现场娱乐的增长态势是怎样的呢？</strong></section>

<p>&nbsp;</p>

<section>以演唱会为例。美国1990-2012年演唱会市场规模增长了8倍。而中国前几年才开始发展。</section>

<p>&nbsp;</p>

<section>演唱会是年轻人更喜欢的形式，因为它更真实、更个性化。随着社交媒体的突飞猛进，有些人晒电影，晒餐厅，但这些东西太容易被人重复。而演唱会这件事很难重复，就像晒旅游一样，它整体彰显了年轻人的个性，很受欢迎。</section>

<p>&nbsp;</p>

<section>目前现场娱乐还在高速增长，我们认为中国现场娱乐的增长速度可能完全复制电影的增长曲线。</section>

<section>&nbsp;</section>
</section>

<section powered-by="xiumi.us">
<section><strong>再往下深究，是什么因素驱动了未来中国现场娱乐的持续增长呢？以下列举四大因素：&nbsp;</strong></section>

<p>&nbsp;</p>

<section><strong>1）城市下沉。</strong>第一就是城市的覆盖，下沉非常快。我们从2015年下半年开始做到现在，演唱会的覆盖从原来的20个城市，到现在的200个城市。</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>

<section><strong>2）品类扩张。</strong>原来演唱会就是音乐，是最容易接受、能够预期的形式，现在出现了越来越多的形式。2018年非演唱会的占比达到了92%，比如电竞、脱口秀节目，它跟相声一样，只要是在线上有一些新的表现形式，最后很有可能都在线下落地。现在很多演出都是线上带出来的，比如《声入人心》、《乐队的夏天》，一旦在线上变成了大家喜欢的形式之后，很快就会在线下展现出来。所以整个品类在迅速扩张。</section>

<p>&nbsp;</p>

<section><strong>3）腰尾内容供给丰富。</strong>品类扩张之后，年轻人有了更多个性化的选择。2018年到2019上半年，演唱会四大天王GMV占比迅速下降了一大半，因为年轻人喜欢新人。同时带动市场也在成长，线下活动是有瓶颈的，如果市场永远只有一两个头部，市场就无法做大。</section>

<p>&nbsp;</p>

<section><strong>4）新生代消费的崛起。</strong>拿我们平台作比方，去年90后的购票用户占比在60%，今年已经到了70%。90后、00后的消费意愿比上一代人更强烈。</section>

<p>&nbsp;</p>

<section>这四点促成了整个市场的快速增长、集中爆发。</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section>
<section powered-by="xiumi.us">
<section>
<section powered-by="xiumi.us">
<section><strong>03/</strong></section>

<section><strong>需求与供给的特殊性创造了二级票务市场</strong></section>
</section>
</section>
</section>
</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section><strong>内容、场馆、演出、票务</strong><strong>，</strong>可以说是现场娱乐的四个基本要素。票务作为中间的环，起到了链接产业上下游的作用。<strong>目前票务市场主要分为两个部分，一级市场和二级市场。</strong></section>

<p>&nbsp;</p>

<section>大麦、永乐票务、猫眼等，这些平台其实就是大家熟知的一级票务网站。当然，还有很多人也会选择在二级市场上寻找购票机会。</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section>
<section>为什么会这样？因为和许多商品市场不同，<strong>现场娱乐市场的供给和需求有自身的独特性。</strong></section>
</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>

<section><strong>首先拿供给来说，区别于多数现货市场，现场娱乐的供给是非常固定的或者说是有限的</strong>。比如说一个话剧，每晚一场，连演一周，按每场1000个座位来算，就是7000张票。而电影不是，电影的排片可以灵活调节，多排观众喜欢的少排观众不感兴趣的。这实质上就是调节了这种商品的供给。因此，电影市场的二级票务在电影票销售线上化后就完全消失了，而在现场娱乐领域则做不到。</section>

<p>&nbsp;</p>

<section><strong>其次是需求。</strong>因为现场娱乐是一个文化娱乐体验商品，它的需求很难被预测。有很多客观因素、特殊状况会导致最终票房不可测，包括电影票房在上映前也难预测。所以说大家说电影投资是高风险的生意。</section>

<p>&nbsp;</p>

<section>所以说，<strong>现场娱乐市场供需很难达到一个静态的平衡状态。</strong></section>

<p>&nbsp;</p>

<section>而且在现行演出市场，票面价主要由主办方划定。一万人的场地，按理说会提供一万个不同的演出体验，对应的票价也可能也会有一万种。但行业惯例还是会分成几个档位。这就导致票面价和市场真实价值有很大差别，所以出现了分销商和二级市场，来平衡市场供需。</section>

<p>&nbsp;</p>

<section>大家对分销商大多是负面的认知，因为个人对个人，有非常多的不确定性。没有服务、没有保障、选择少、风险大。所以慢慢出现了二级票务平台。目前市场上，二级票务平台主要是以摩天轮票务、票牛、有票等为代表。<strong>我们要做的就是，怎么样能够既符合市场需求，又能让用户得到标准化的体验。&nbsp;</strong></section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section>
<section powered-by="xiumi.us">
<section>
<section powered-by="xiumi.us">
<section><strong>04/</strong></section>

<section><strong>利用互联网优势，服务整个行业生态体系</strong></section>
</section>
</section>
</section>
</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>
</section>

<section powered-by="xiumi.us">
<section>我们逐渐发现，在这条产业链上，上游方有着许多的需求，而恰巧是我们能帮助解决的。</section>

<p>&nbsp;</p>

<section><strong>1）宣发需求。</strong>时代的变化催生消费场景的改变，影响了很多公司的营销运营方式。但我们发现，在演出行业，大多数主办方仍然是偏传统的公司，缺少线上资源。主办方举办一场一万人的大型演出，按平均票价400元来算，总票房也不过四百万。经费的限制，更加剧了传统公司适应当下娱乐消费的新趋势，很难去精准触达受众群体。</section>

<p>&nbsp;</p>

<section>但在积累了大量用户数据的互联网平台，精准高效触达受众反而不是难事。</section>

<p>&nbsp;</p>

<section>所以，我们利用平台的优势，越来越多介入到了整个演出、比赛的线上宣发。拿今年动漫游戏博览会CCG来说，通过我们线上宣发，票房同比2018年提升了近30%。</section>

<p>&nbsp;</p>

<section><strong>2）系统需求。</strong>另外我们还看到一个新的趋势，就是很多优质的内容对渠道的依赖性是非常低的。一个相对头部的流量艺人演唱会，50%的票都是粉丝团自己买的，根本不需要依赖公开渠道去售票。更不用提在一些个性化细分领域，受众都是相对固定的群体。这个时候，主办对渠道的需求就没那么高，反而其他的需求浮了上来。</section>

<p>&nbsp;</p>

<section>我们为这些内容方提供售票和核销系统，内容方不需要自己去研发，也不会因为没有工具而只能依赖一级平台或者渠道。内容方完全可以开发一个新的产品，自己来卖，我们来提供系统运营支持。</section>

<p>&nbsp;</p>

<section>我们也逐渐试水了一些主办业务，自己动手去做，才能更好明白主办方的痛点，能方便我们未来推进主办相关的业务。</section>

<section>&nbsp;</section>
</section>

<section powered-by="xiumi.us">
<section><strong>总结一下，</strong><strong>我们希望逐渐能够覆盖整个现场娱乐的闭环，从内容到流量，从上游到下游，最后到票务。</strong>除了票务是相对互联网化的，其他的我们更多是在给整个行业生态提供服务。</section>
</section>

<section powered-by="xiumi.us">
<p>&nbsp;</p>

<section>我们希望通过努力让更多人走进现场，<strong>让每个人都能走出家门去看到现场表演，这是我们做所有事情的出发点。</strong>（文章经授权刊登，有编辑，阅读全文请点击文末“阅读原文”）</section>
</section>
</section>

<section>&nbsp;</section>

<section>&nbsp;</section>

<section>来源 | 长江创创社区</section>
    
                            </div>
        </div>
                        <div class="news-related">
            <h2 class="font-medium">更多新闻</h2>
            <div class="view view-news view-id-news view-display-id-related hlocked view-dom-id-a6b180247b5630d628aee3035c370018">
        
  
  
      <div class="view-content">
      <div class="news-related-items">    <ul class="news-related-item">          <li class="">    <a href="/cn/news/%E5%90%AF%E6%98%8E%E6%98%9F-%E5%85%A8%E7%90%83ai%E5%88%B6%E8%8D%AF%E9%A2%86%E5%86%9B%E4%BC%81%E4%B8%9A%E8%8B%B1%E7%9F%BD%E6%99%BA%E8%83%BD%E6%88%90%E5%8A%9F%E7%99%BB%E9%99%86%E6%B8%AF%E4%BA%A4%E6%89%80"
       data-node-id="7549">
        <span class="news-type">投资企业新闻</span>
<span class="news-title">启明星 | 全球AI制药领军企业英矽智能成功登陆港交所 </span>
<span class="news-date font-din"><strong><span class="date-display-single">12/30</span></strong> <span class="date-display-single">2025</span></span>
    </a></li>
          <li class="">    <a href="/cn/news/%E5%90%AF%E6%98%8E%E6%98%9F%EF%BD%9C%E8%AF%BA%E4%BA%A6%E8%85%BE%E6%9C%BA%E5%99%A8%E4%BA%BA%E5%AE%8C%E6%88%90pre-a%E8%BD%AE%E8%9E%8D%E8%B5%84%EF%BC%8C%E5%90%AF%E6%98%8E%E5%88%9B%E6%8A%95%E9%A2%86%E6%8A%95"
       data-node-id="7544">
        <span class="news-type">投资企业新闻</span>
<span class="news-title">启明星｜诺亦腾机器人完成Pre-A+轮融资，启明创投领投 </span>
<span class="news-date font-din"><strong><span class="date-display-single">12/22</span></strong> <span class="date-display-single">2025</span></span>
    </a></li>
          <li class="">    <a href="/cn/news/%E5%90%AF%E6%98%8E%E6%98%9F%EF%BD%9C%E6%AC%A7%E7%A7%91%E5%81%A5%E5%AE%8C%E6%88%90b%E8%BD%AE%E8%9E%8D%E8%B5%84%EF%BC%8C%E5%85%A8%E7%90%83%E9%A6%96%E5%88%9B%E5%8F%8C%E6%8A%97ocul101%E5%86%B2%E5%88%BA%E4%B8%AD%E7%BE%8Eii%E6%9C%9F%EF%BC%8C%E7%82%B9%E4%BA%AE%E5%85%A8%E7%90%83%E7%9C%BC%E5%BA%95%E7%97%85%E6%B2%BB%E7%96%97%E6%96%B0%E5%B8%8C%E6%9C%9B"
       data-node-id="7541">
        <span class="news-type">投资企业新闻</span>
<span class="news-title">启明星｜欧科健完成B轮融资，全球首创双抗OCUL101冲刺中美II期，点亮全球眼底病治疗新希望 </span>
<span class="news-date font-din"><strong><span class="date-display-single">12/16</span></strong> <span class="date-display-single">2025</span></span>
    </a></li>
          <li class="">    <a href="/cn/news/%E5%90%AF%E6%98%8E%E8%8D%A3%E8%AA%89-%E5%90%AF%E6%98%8E%E5%88%9B%E6%8A%95%E8%8D%A3%E8%8E%B7%E4%B8%AD%E5%9B%BD%E8%AF%81%E5%88%B8%E6%8A%A5%E7%AC%AC%E4%B9%9D%E5%B1%8A%E8%82%A1%E6%9D%83%E6%8A%95%E8%B5%84%E9%87%91%E7%89%9B%E5%A5%96"
       data-node-id="7540">
        <span class="news-type">投资企业新闻</span>
<span class="news-title">启明荣誉 | 启明创投荣获中国证券报第九届股权投资金牛奖 </span>
<span class="news-date font-din"><strong><span class="date-display-single">12/15</span></strong> <span class="date-display-single">2025</span></span>
    </a></li>
          <li class="">    <a href="/cn/news/%E5%90%AF%E6%98%8E%E6%98%9F-%E8%B6%8520%E5%AE%B6%E5%90%AF%E6%98%8E%E5%88%9B%E6%8A%95%E6%8A%95%E8%B5%84%E4%BC%81%E4%B8%9A%E8%8D%A3%E8%8E%B7%E6%B8%85%E7%A7%912025%E5%B9%B4venture50%E8%AF%84%E9%80%8930%E9%A1%B9%E5%A4%A7%E5%A5%96"
       data-node-id="7537">
        <span class="news-type">投资企业新闻</span>
<span class="news-title">启明星 | 超20家启明创投投资企业荣获清科2025年VENTURE50评选30项大奖 </span>
<span class="news-date font-din"><strong><span class="date-display-single">12/08</span></strong> <span class="date-display-single">2025</span></span>
    </a></li>
      </ul></div>    </div>
  
  
  
  
  
  
</div>        </div>
            </div>
</div></div>
            </div>
<div class="footer">
    <div class="w">
                    <div class="footer-right">
                    <div id="block-block-3" class="block block-block">

    
    <p><a class="mail" href="mailto:contactus@qimingvc.com">&nbsp;</a> <a class="linkedin" href="https://www.linkedin.com/company/qiming-venture-partners" target="_blank"> <!--<span>
<img alt="" src="/sites/all/themes/qiming/images/linkedin.jpg" />
</span>--> </a> <a class="weibo" style="display:none;" href="https://www.weibo.com/u/2627318863?topnav=1&amp;wvr=6&amp;topsug=1&amp;is_all=1" target="_blank"> <!--<span>
<img alt="" src="/sites/all/themes/qiming/images/wb.jpg" />
</span>--> </a> <a class="wx" href="javascript:;"> <img alt="" src="/sites/default/files/WechatIMG230130.jpeg" /><br />
微信公众号 </a></p>
</div>
            </div>
                            <div class="footer-t clearfix">
                    <div id="block-block-2" class="block block-block">

    
    <div class="footer-nav">
<ul>
	<li><a href="/cn/team">团队</a></li>
	<li><a href="/cn/portfolio">投资企业</a></li>
	<li><a href="/cn/insights">启明动态</a></li>
	<li><a href="/cn/newsroom">新闻</a></li>
	<li><a href="/cn/about">关于</a></li>
	<li><a href="/cn/careers">工作</a></li>
	<li><a href="/cn/contact">联系</a></li>
	<li><a href="/cn/legal">法律</a></li>
	<li style="display:none;"><a href="https://www.qimingvcusa.com/" target="_blank">Qiming US</a></li>
</ul>
</div>
</div>
<div id="block-block-6" class="block block-block">

    
    <div class="footer-contact">
<ul>
	<li>BP投递：<a href="mailto:BP@qimingvc.com">BP@qimingvc.com</a></li>
	<li>媒体联络：<a href="mailto:PR@qimingvc.com">PR@qimingvc.com</a></li>
	<li>意见建议：<a href="mailto:contactus@qimingvc.com">contactus@qimingvc.com</a></li>
</ul>
</div>
</div>
            </div>
                <div class="footer-b font-semibold clearfix">
                <div id="block-block-4" class="block block-block">

    
    <p>©2019启明维创创业投资管理（北京）有限公司，版权所有 <a href="/sitemap" style="display: none">网站地图</a> <a href="javascript:;" style="display: none">隐私</a>&nbsp; &nbsp; &nbsp; &nbsp;
<a href="https://beian.miit.gov.cn">沪ICP备12032307号-1</a></p>
</div>

        </div>
    </div>
</div>

<div id="layer"></div>
    <div class="pop-nav">
        <!--
            <div class="lang-box">
                            </div>
        -->                                <div id="block-system-main-menu" class="block block-system block-menu">

    
    <ul class="menu clearfix"><li class="first leaf"><a href="/cn/team">团队</a></li>
<li class="leaf"><a href="/cn/portfolio">投资企业</a></li>
<li class="leaf"><a href="/cn/insights">启明动态</a></li>
<li class="leaf"><a href="/cn/newsroom">新闻</a></li>
<li class="last leaf"><a href="/cn/about">关于</a></li>
</ul></div>
                    <div id="block-menu-block-1" class="block block-menu-block">

    
    <div class="menu-block-wrapper menu-block-1 menu-name-menu-pop-menu parent-mlid-0 menu-level-1">
  <ul class="menu clearfix"><li class="first leaf menu-mlid-586"><a href="/cn/careers">工作</a></li>
<li class="leaf menu-mlid-556"><a href="/cn/contact">联系</a></li>
<li class="last leaf menu-mlid-587"><a href="/cn/legal">法律</a></li>
</ul></div>
</div>
        
        <a href="javascript:;" class="pop-close">&nbsp;</a>
    </div>
<!--手机端投资公司页面详情弹框-->
<div class="portfolio-pop" id="portfolioPop">
    <a href="javascript:;" class="close">&nbsp;</a>
    <div class="portfolio-pop-main">
    </div>
</div>      <script type="text/javascript" src="https://www.qimingvc.com/sites/default/files/js/js_YD9ro0PAqY25gGWrTki6TjRUG8TdokmmxjfqpNNfzVU.js"></script>
<script type="text/javascript" src="https://www.qimingvc.com/sites/default/files/js/js_TO0uErKm_uq9lB7Tvmf8AU1DWQwtXiOBREvh4yoCXB8.js"></script>
<script type="text/javascript" src="https://www.qimingvc.com/sites/default/files/js/js_0rg3W8bajVerWxJWxHfplTrhy8SCP6GaFU1_qhf43Os.js"></script>
<script type="text/javascript">
<!--//--><![CDATA[//><!--
jQuery.extend(Drupal.settings, {"basePath":"\/","pathPrefix":"cn\/","setHasJsCookie":0,"ajaxPageState":{"theme":"qiming","theme_token":"sGbnCHmcNOHivOIUKgkjhJKy6s_fIJtg50cPI2nW9zg","js":{"misc\/jquery.js":1,"misc\/jquery-extend-3.4.0.js":1,"misc\/jquery-html-prefilter-3.5.0-backport.js":1,"misc\/jquery.once.js":1,"misc\/drupal.js":1,"public:\/\/languages\/zh-hans_mPXcP_Ng6T7QD4oVv4WnBmsOl63UyMPcfsUVR8ZxdpA.js":1,"sites\/all\/themes\/qiming\/js\/jquery.js":1,"sites\/all\/themes\/qiming\/js\/swiper.min.js":1,"sites\/all\/themes\/qiming\/js\/common.js":1,"sites\/all\/themes\/qiming\/js\/main.js":1},"css":{"modules\/system\/system.base.css":1,"modules\/system\/system.menus.css":1,"modules\/system\/system.messages.css":1,"modules\/system\/system.theme.css":1,"modules\/field\/theme\/field.css":1,"modules\/node\/node.css":1,"modules\/user\/user.css":1,"sites\/all\/modules\/views\/css\/views.css":1,"sites\/all\/modules\/ckeditor\/css\/ckeditor.css":1,"sites\/all\/modules\/media\/modules\/media_wysiwyg\/css\/media_wysiwyg.base.css":1,"sites\/all\/modules\/ctools\/css\/ctools.css":1,"sites\/all\/modules\/panels\/css\/panels.css":1,"modules\/locale\/locale.css":1,"sites\/all\/modules\/date\/date_api\/date.css":1,"sites\/all\/themes\/qiming\/css\/swiper.min.css":1,"sites\/all\/themes\/qiming\/css\/base.css":1,"sites\/all\/themes\/qiming\/css\/index.css":1,"sites\/all\/themes\/qiming\/css\/ie.css":1,"public:\/\/css_injector\/css_injector_2.css":1,"public:\/\/css_injector\/css_injector_3.css":1}},"better_exposed_filters":{"views":{"news":{"displays":{"related":{"filters":[]}}}}}});
//--><!]]>
</script>
      <!--
    <script src="/js/contact.js" type="text/javascript"></script>
  -->        </body>
</html>

