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11/23
2023

AGF Monthly | News Regarding AGF’s Portfolios in October

11/23

PART 01 Financing Developments

• Baoying Gases Raised RMB100 Million by BOCOM Capital and Royalsea Capital
Baoying Gases, a portfolio of Asia Green Fund, announced the completion of RMB100 million in financing, which is co-invested by BOCOM Capital and Royalsea Capital. Baoying Gases will continue to deeply cultivate the traditional industrial gas field and make strategic layouts in the fields of hydrogen energy, medical gas, green energy, and energy storage, adhering to the corporate philosophy and creating a green industrial ecosystem.
 
PART 02 Enterprises News

• Hypak™ Joins World-class Design-driven Project to Facilitate Urban Renovation
Kingwills™ Advanced Materials has the privilege of settling in the Shanghai Innovation and Creative Design Research Institute and participating in the innovation product exhibition space to co-create. There is an independent exhibition hall of Kingwills™ in its Industry Co-Lab -DIIS x Kingwills™ Hypak™ Advanced Materials Lab. Kingwills Advanced Materials looks forward to letting more people understand innovative materials and helping the Shanghai Innovation and Creative Design Research Institute unleash the driving power of design, leading the transformation and upgrading of the industry and the high-quality development of the economy.
                    
• Sunwoda EVB Appeares at Tokyo Auto Show and Signs a Strategic Cooperation Mou with Shinko Shoji
Recently, the 2023 Japan Mobility Show was successfully held in Tokyo. Sunwoda EVB was present and made a stunning appearance with the full scenario solution attracting the attention of many overseas media audiences and car customers. In addition, SEVB and Shinko Shoji, a Japanese industrial machinery head enterprise, signed a strategic cooperation MoU at the scene. They will carry out in-depth cooperation in the field of Japanese industrial machinery and help the low-carbon transformation and development of construction machinery for large electric power enterprises in Japan by providing market-advanced module technology and solutions.
  
• ACE Battery Attends Solar & Storage Live 2023

ACE Battery has exhibited Solar & Storage Live UK 2023 which is being held at the NEC in Birmingham on the 17th-19th of October. At this prestigious event, ACE Battery unveiled a cutting-edge ultra-thin home energy storage system and presented an efficient and cost-effective solution. ACE Battery captured the attention of numerous attendees.

• Leadsynbio Attends the 2023 CPHI Barcelona
From Oct. 24th to 26th, the 2023 CPHI Barcelona was held in Barcelona, Spain. Leadsynbio appeared with a variety of star products and innovative achievements in synthetic biotechnology, and had in-depth exchanges with pharmaceutical raw material practitioners from all over the world, attracting the attention and recognition of overseas markets and accelerating the development of international markets.
  
• Baoying Gases has Acquired the Equity of Nanjing Ning Wei Medical Oxygen
Recently, Baoying Gases completed the acquisition of 100% equity of Nanjing Ning Wei Medical Oxygen Co., Ltd. Nanjing Ning Wei is one of the most professional medical oxygen producers in Nanjing, and it’s the first company in the city to produce medical oxygen according to China Pharmacopoeia and passed GMP certification. The acquisition will help Baoying Gases to accelerate the layout of the medical gas market, and in the future, it will continuously increase the investment in core areas in China thus improving the product and service network.
 
PART 03 Enterprise Honors

• Atantares is Awarded the Biophama "Rising Star"
From Oct. 16th to 20th, the 2023 International Biophama Industry Week Shanghai (IBIWS) was successfully held. With its leading DNA synthesis and R&D technology, Atantares is awarded the 2nd prize of Biophama "Rising Star". Nowadays the company has the ability of primer synthesis, gene synthesis, gene sequencing, cloning and mutation, strain bank preparation, gene editing, and various combination services, which are widely recognized by customers.

• ACE Tech Won the "2023 Shenzhen Top100 Industry Leader Enterprise"
Recently, the "2023 Shenzhen Top100 Industry Leader Enterprise" co-sponsored by Shenzhen Industry Leader Corporate Development Promotion Association and Shenzhen Economic Daily/Duchuang APP was officially unveiled, aiming to discover the benchmark enterprises with strategic development significance and innovation-leading effect in various sub-sectors in Shenzhen. ACE Tech is once again listed among the Top 100, which represents the high recognition of ACE's comprehensive aspects such as innovation, impetus, influences, and corporate social responsibility, and also verifies ACE’s outstanding status and continuous innovation in the clean energy field.
  
• BWI Group Won the Gasgoo Awards-2023 Most Growth Value Award

On Oct. 19th, the 5th Gasgoo Awards Ceremony 2023 was successfully held in Shanghai. BWI Group won the "2023 Most Growth Value Award" for its product strength and technological innovation in the field of automobile suspension and braking systems, and the overall future development prospect of the enterprise.
  
• Huitongda is Selected as the "Excellent Enterprise in Jiangsu Province"
Recently, the list of "Excellent Enterprises and Entrepreneurs in Jiangsu Province" was officially released, the selection is focused on the world-influential leading enterprises, enterprises that leading the development of the industry, and the SRDI "little giant" enterprises. Huitongda won the "Excellent Enterprise in Jiangsu Province" with its strong comprehensive strength and high industry popularity.
  
• East Low Carbon is Awarded the "2023 Enterprise Technology Center in Baoshan District"

Recently, the Shanghai Baoshan District Economic Commission published the "2023 Enterprise Technology Center in Baoshan District". After preliminary examination, expert review, comprehensive evaluation, and online publicity, East Low Carbon was selected as the "2023 Enterprise Technology Center in Baoshan District". This evaluation is a full recognition of the comprehensive strength of technology R&D and innovation of the company.
  
• Anxin Group Won Multiple Awards in the 5th International Summit of China Rental Housing Industry
On Oct. 26th, the 5th International Summit of China Rental Housing Industry, hosted by the China Hotel Association and hosted by ICCRA Housing Leasing Industry Research Institute, was successfully held. Anxin Group was awarded the "2023 Cross-border Innovation Award", "2023 Top30 Growth of Housing Leasing Brand ", "2023 Top30 Scale Power of Housing Leasing Brand" and "2023 Top10 Dormi-style Apartment of Housing Leasing Brand".

• Subsidiaries of IICT are Awarded the "National Science and Technology SMEs"
Recently, the Hebei Provincial Department of Science and Technology issued the <Notice on Publicizing the List of the 7th Batch Storage of Sci-tech SMEs in 2023>. Subsidiaries of IICT, AIPilot, and AISuper Eye were selected as the "National Science and Technology SMEs" of their products and technological innovations in the AI+ transportation field. This national recognition once again affirmed the innovative ability of IICT in AI technology.

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