In the first half of 2022, the pace of investment in China's equity investment market significantly slowed down due to global issues and the pandemic; investments in consumption and TMT declined significantly, while investments in new materials and new energy increased against the trend. Practicing ESG investment philosophy has increasingly become the cornerstone of China's steady economic development, and it is also an important booster to achieve the “carbon peaking and carbon neutrality” goals.

Asia Green Fund would like to share the outstanding achievements of our portfolios in July.

Enpower has successfully developed the world's lightweight 100Ah battery

On the 10^th anniversary of its founding, Enpower has successfully developed a 100Ah lithium metal battery, with its energy density and self-discharge performance reaching leading international level. This is another major milestone for the industrialization and application of vehicle standards after having successively released lithium metal batteries with energy densities of 450Wh/kg and 520Wh/kg in 2021, and lithium metal batteries that passed the safety test in June 2022. These achievements show the engineering development ability and efficient execution ability of Enpower’s international team based on technological innovation.
 

Enpower will continue to benchmark the comprehensive performance requirements and cost trends of standard vehicle batteries, reduce costs while optimizing performance indicators such as cycle life and fast charging, and push high specific energy and safe lithium metal batteries to the vehicle market through cooperations with vehicle companies.

Babo actively carried out charitable donation activities, and appeared at CIDPEX in the same month

On July 6^th, Babo and Weihai Charity Federation jointly launched a donation drive with the theme of "Babo Spreads Love and Warmth like a Sunset". Babo has been keen on charity activities for a long time, and has helped students by building schools in poverty-stricken areas, which not only brings warmth to the poor, but also cultivates the culture of being a "Charity-oriented Brand".

On July 29^th, Babo appeared at the 29^th CIDPEX, where many kinds of trendy new products and redhot products were exhibited. At the exhibition site, Babo’s concept of "Innovation in Science and Technology, Charity-oriented Brand" was praised by many experts and industry partners. At the same time, it was also recommended by CCTV media live broadcast because of its unique advantages that all products are made of 100% bamboo.

Focus on innovative application research of synthetic biology, Leadsynbio helps the construction of Jinshishi with strong intellectual property rights

Recently, Jinshishi held a report meeting to welcome the review and acceptance work of strong counties in the province's intellectual property construction. Hunan Intellectual Property Association, leaders of the municipal party committee and heads of relevant departments took part in the on-site acceptance assessment, Leadsynbio was invited to attend the meeting as business representatives.

Qiang Chen, Deputy General Manager of Leadsynbio, reported the remarkable achievements of Leadsynbio's patent layout around synthetic biology under the cultivation and guidance of local government and policies.

Huitongda listed on Fortune 500 for the first time, to implement strategic investment and improve industrial layout

On the evening of July 12^th, Fortune magazine released the China Top500 list in 2022, which considers the performance and achievements of the largest Chinese listed companies in the world in the past year. Huitongda is on the list with excellent results, ranking 209^th.
 

In addition, Huitongda announced that it has completed its strategic investment in EVPT. This cooperation will integrate the advantages of industry and finance of both parties, promote the upstream and downstream links of the new energy industry supply chain, improve efficiency, and reduce circulation costs, jointly promote the construction of new energy ecosystem, and make efforts to localize the core components of new energy.

X-charge is listed on Fortune Impact

In 2022, Fortune magazine announced the list of “China's most socially influential startups” (Fortune Impact), X-charge was successfully selected for its contribution in promoting the electrification of transportation and helping to realize a green “net zero carbon” future.
 

Since its establishment in 2015, from solving charging problems to building digital energy network, X-charge has reduced the difficulty of charging service popularization through intelligent hardware & cloud SaaS, helping the rapid development of new energy industry, accelerating the realization of “carbon peaking and carbon neutrality” goals and creating a sustainable zero-carbon transportation world.

Horen joining hands with the global top500 enterprises to seek new opportunities of low carbon and creating a new mode of zero carbon cycle

Recently, with the official launch of PaaS cycle project in Bosch Hydrogen Power System (Chongqing) Plant, the annual PaaS cycle service provided by Horen for Bosch and upstream and downstream partners has reached the millions. It is estimated that in the next three years, Horen will provide nearly 2 million recycling boxes service for Bosch Hydrogen Power Projects, and fully serve Bosch Group's carbon neutrality strategy and zero-carbon transportation vision.

At the same time, the brand concept of “zero-carbon recycling partner” of Horen is highly consistent with L'Oreal's sustainable strategy. Since their cooperation in 2018, the intelligent IBC recycling service has reduced carbon emissions by about 12132tCO₂e, helping its Suzhou factory to take the lead in realizing the "zero-carbon factory" in 2019 and implementing the green supply chain management requirements.

AIpark won the bid for Rugao Smart Parking Phase II Project, helping to solve the problem of urban parking

Recently, AIpark won the bid for Rugao Smart Parking Phase II Project. The project will provide targeted solutions for different stages of urban intelligent parking construction, provide comprehensive human, financial and material resource management and parking lot operation for urban managers, provide convenient parking payment services for car owners and put a great layout for intelligent management of urban static traffic.
 

Anxin Group is listed on Fortune Impact

In 2022, Fortune magazine announced the list of “China's most socially influential startups” (Fortune Impact), Anxin Group was successfully selected due to its outstanding contribution by its employees.

Anxin always practices integrating social responsibility, adheres to the original intention when solving social pain points while creating more value for the society. It aims to change the social norms through its business; guiding the industry change to create more employment opportunities and make the society better.

Union Drug joining hands with Generali China to launch the Yiguanjia Cloud Medical Station (Chongqing)

On July 20^th, PetroChina·Generali China·Yiguanjia Cloud Medical Station (Chongqing) was officially unveiled in the PetroChina Chongqing Marketing Company. The Cloud Medical Station is jointly built by Chongqing Branch of Generali China with the assistance of Union Drug^TM. This station organically integrated insurance services, smart medical care and corporate care, and creatively built an enterprise-centered smart commercial insurance medical service platform.
 

 

Under the macro background of "Healthy China", commercial insurance has further highlighted its service attributes. Through its continuous innovation, comprehensive coverage of technology and system capabilities, Union Drug^TM will create a brand new service experience for more commercial insurance customers.