01/02
2025
AGF Monthly | News Regarding AGF’s Portfolios in Dec.
01/02
PART 01 Financing Developments
Enpower Has Raised Hundreds of Millions RMB on Series B financing
Enpower has raised hundreds of millions RMB in its Series B financing led by Fengyang Qingda Shenglii Equity Investment L.P. and Goldstone and followed by the affiliates of the existing investor Beijing Xingxing Equity Investment LL.P. The fund will go towards the R&D of solid-state battery, market expansion and capacity improvement. Enpower has built several solid-state battery test lines, material lines and intelligent manufacturing bases in recent years. It has also launched a variety of semi-solid battery products with energy density of 300-350Wh/kg, realizing the mass production and commercial application of semi-solid batteries.
PART 02 Enterprise News
Sunwoda EVB Commercial Vehicle Supercharged Battery Officially Off the Assembly Line, and Unveiled at NEAS CHINA 2024 with Full-scene Low-Altitude Aircraft Battery
Recently, SEVB's "Commercial Vehicle Supercharge Battery Off-line and Project Quality Swearing Ceremony" was held in its Huizhou Base. The commercial vehicle supercharge eco-battery was successfully completed development and will be fully implemented in China. The heavy truck -PACK displayed six core highlights: "Ultra-fast charging, ultra-frost resistance, high reliability, high safety, standardization and high specific energy", which can meet the synchronous needs of customers.
In addition, SEVB presented the battery solution of full-scene low-altitude aircraft at the 13th NEAS CHINA 2024, demonstrating the company's leading semi-solid and solid-state battery product technology.
In addition, SEVB presented the battery solution of full-scene low-altitude aircraft at the 13th NEAS CHINA 2024, demonstrating the company's leading semi-solid and solid-state battery product technology.
ACE Battery and Dive4Love Jointly Organized an “ESG Coastal Guardian” Beach Cleanup Volunteer Activity
Recently, Dive4Love (Shenzhen Dapeng Coral Conservation Volunteer Association) and ACE BATTERY CO., LTD. jointly organized an “ESG Coastal Guardian” beach cleanup volunteer activity in Dapeng New District, Shenzhen. This initiative was not only a direct action to clean up the marine environment but also an important step in raising public environmental awareness and promoting marine ecological protection. Additionally, it provided ACE Battery employees and their children with a meaningful and educational experience in environmental conservation.
BABO Donates a Primary School in Datian Village, Daliang Mountain
Dec. 12, the donation ceremony of "Building a Dream with Bricks and Tiles" sponsored by Ping An Leasing was officially held in Datian Village Primary School, Aqi Town, Xichang City. As a specially invited enterprise, Babo participated in this charity activity, and donated daily necessities to the children, which warm the cold winter. In recent years, Babo has participated in lots of public welfare projects, actively fulfilling social responsibilities and helping rural revitalization.
AICT and CityUHK Build a Joint Laboratory
Recently, AICT has signed a memo with the CityUHK School of Computing and Data Science to build a joint laboratory on the cutting-edge technology of HAI. The laboratory will fully focus on machine learning, deep learning, data decision-making, data intelligence and other fields, aiming at promoting the high-level application transformation and landing practice of scientific and technological achievements in the field of HAI through the cooperation.
PART 03 Enterprise Honors
LifeLabs Has Been Awarded the Prestigious Best Product Award in ISPO for its AI-CLO System WarmLife®
LifeLabs has been awarded the prestigious Best Product Award in ISPO’s Fall/Winter TEXTRENDS for its new AI-CLO System WarmLife® Merino Wool Insulated Fill. Overall, seven AI-CLO system products from LifeLabs received ISPO awards across three different categories. WarmLife®, which was named the Best Product winner in ISPO’s Membranes and Coatings category, is a proprietary technology that is used to create warmer breathable apparel using less material.
Atantares Wins the Municipal Certification and an Industry Honor
Recently, Suzhou Bureau of Industry and Information Technology issued the 2024 Notice on Publicizing the Establishment List of Suzhou Municipal Enterprise Technology Centers, and Atantares won the recognition of the "28th Batch Suzhou Municipal Enterprise Technology Centers".
In addition, Atantares won the "2024 Top50 Hard & Core Technology Innovators" launched by CYZONE and Zhongguancun Zhiyou Research Institute.
In addition, Atantares won the "2024 Top50 Hard & Core Technology Innovators" launched by CYZONE and Zhongguancun Zhiyou Research Institute.
BWI Group Wins Multiple Industry Awards
The 2024 Annual Meeting and Golden Globe Award Ceremony of Hi-Tech Smart Car was successfully held in Shanghai. BWI Group is awarded the Annual Benchmark-Golden Globe Award of Hi-Tech Smart Car with the cutting-edge technology of the fourth generation MagneRide® magnetorheological suspension.
At the 7th GTM2024 hosted by Yiou Automobile, BWI Group was awarded the "WIA2024—NEXT10 Excellent Case of Wire Suspension and Braking" for its outstanding innovation achievements.
At the 7th GTM2024 hosted by Yiou Automobile, BWI Group was awarded the "WIA2024—NEXT10 Excellent Case of Wire Suspension and Braking" for its outstanding innovation achievements.
JJC TEC Has Won Several Recognitions and Honors in the Industry
The Tripro® intelligent drilling system developed by JJC has successfully obtained the Beijing 2024 Major Technical Equipment Certification and is selected into the list of typical application of AI empowers new industrialization announced by the Science and Technology Department of the Ministry of Industry and Information Technology.
In addition, the Tripro® system is awarded the "2024 Petroleum Equipment Science and Technology Innovation Achievement", and JJC is given the honorary title of "2024 Petroleum Equipment Service Support Benchmark Unit", which demonstrated JJC’s scientific and technological innovation ability and major technological breakthroughs in this field.
In addition, the Tripro® system is awarded the "2024 Petroleum Equipment Science and Technology Innovation Achievement", and JJC is given the honorary title of "2024 Petroleum Equipment Service Support Benchmark Unit", which demonstrated JJC’s scientific and technological innovation ability and major technological breakthroughs in this field.
ACE Battery Wins the "2024 Top 100 Shenzhen Industry Leaders" for the Third Time
Recently, ACE Battery has been recognized as one of the "Top 100 Shenzhen Industry Leaders" for the third time at the 6th "Shuxiang Shenzhen" 2024 Top 100 Shenzhen Industry Leaders Awards Ceremony. This honor reflects ACE Battery's outstanding contributions and innovative advancements in the new energy sector.
Kingwills™ Eric Chen is Selected into the Hurun China Under40s 2024
Dec. 16, the Hurun Research Institute released the "Hurun China Under40s 2024", focusing on outstanding entrepreneurs aged 40 and below in China. With extraordinary business acumen and entrepreneurial courage, Eric Chen, Founder and Chairman of Kingwills™ has been given the honor.
Horen is Recognized by the UNIDO
A few days ago, the Unido Global Call 2024 FOODTECH Awards Ceremony was held in Seoul, South Korea. With the case of "Zero Carbon Recycle Technology and Application of Intelligent Packaging in Liquid Food Supply Chain", Horen stood out from many enterprises from five continents and 55 countries around the world and won the "Criteria 1. Innovation Award", becoming the single item champion of China enterprises in this activity.
BABO Wins the "2024 Top15 ESG Sustainable Development For Good Award"
The 2024 ESG Sustainable Business Ecology Conference is successfully held in Beijing, at which the 2024 For Good Awards are released. With the case of "Developing Bamboo Industry to Help Rural Revitalization", BABO stood out from more than 40 enterprises and wins the "2024 Top15 ESG Sustainable Development For Good Award".