10/20
2025
AGF Monthly | News Regarding AGF’s Portfolios in Sep.
10/20
PART 01 Financing Updates
YiLab Completes Over $10 Million Pre-A Funding
YiLab has successfully closed an oversubscribed Pre-A funding round, raising over $10 million in total. The proceeds will be used to establish research laboratories and scaled production facilities, accelerating the industrialization of the company's proprietary temperature-regulating textile technology and laying the foundation for future technological iterations and market deployment.
Kingwills Secures Hundreds of Millions of RMB in Series C Funding
Kingwills announced the successful completion of its Series C funding round, raising hundreds of millions of yuan. The round was led by Yuanhe Puhua Capital, with sustained investment from multiple strategic industrial partners. The proceeds will be strategically allocated to accelerate R&D of next-generation Hypak™ advanced materials, scale up production capacities, and strengthen industrial ecosystem development. This financing will further cement Kingwills' global leadership position in the high-end specialty materials market.
PART 02 Enterprise News
BWI Group Unveils Exclusive Disc-architecture EMB Single-motor System and Showcases at 2025 World Manufacturing Convention
BWI Group recently held an Electro-Mechanical Brake (EMB) exchange event in Shanghai, publicly revealing its independently developed third-generation disc-architecture EMB single-motor prototype for the first time. The solution distinguishes from outstanding performance characterized by compact size, energy efficiency, rapid response, and operational stability. It is reported that the third-generation EMB has undergone multiple winter and summer tests and has entered the comprehensive verification and algorithm optimization phase, with domestic mass production expected by the end of 2026.
Additionally, as a globally leading Tier-1 supplier of automotive suspension and braking systems, BWI Group made a notable appearance at the 2025 World Manufacturing Convention. The company showcased core products from its suspension and braking system portfolios on site, highlighting its innovative technologies and smart manufacturing capabilities in the high-end automotive chassis sector.
SEVB and Li Auto Sign Memorandum of Cooperation
Sep. 16, SEVB and Li Auto officially signed a <Starlink OS Cooperation Intent Memorandum>. They announced that SEVB joined the Starlink OS open-source project steering committee as a partner to jointly advance the technological evolution and ecosystem development of smart vehicle operating systems.
Sunwoda Power Celebrates 20 Millionth Cell Offline and Global Debut of Flash Charging Battery 4.0
Sep. 18, Hubei DF-Sunwoda, a joint venture established by SEVB and Dongfeng Motor Corporation, held a ceremony in Yichang to mark the commencement of its super-charging battery project and the rollout of its 20 millionth cell. This milestone signifies a new peak in production capacity and technological advancement for the two partners in the power battery sector.
Additionally, at the 2025 2nd Europe-China New Energy Vehicle Technology Conference held in Munich, Germany, SEVB showcased its new Flash Charging Battery 4.0 product matrix to global customers. By leveraging its leading super-charging battery technology, SEVB is providing deep electrification solutions for the industry, demonstrating its global influence.
ACE Battery Showcases 2025 RE+ Expo in the U.S.
From Sep. 9 to 11, ACE Battery made its appearance at the 2025 RE+ International Clean Energy Expo in the United States, presenting a diverse range of products including low-voltage residential energy storage systems, rack-mounted batteries, and high-performance battery cells. The exhibition comprehensively demonstrated the company's integrated strengths in customized R&D, smart manufacturing, and global service capabilities.
Enpower Debuts at 2025 CIMAMotor
From Sep. 19 to 22, Enpower made its inaugural appearance at the 2025 China International Motorcycle Trade Exhibition. Staying true to its mission of delivering specialized power battery solutions for motorcycles, the company showcased a range of mass-produced cells, new product lines, and integrated Pack systems. The exhibition highlighted the technical advantages of Enpower's battery products, including enhanced safety, high energy density, rapid charging capability, and extended cycle life, offering the industry a comprehensive perspective on Enpower's technological expertise and strategic development roadmap.
Leadsynbio Showcases at Multiple International Exhibitions
Sep. 17, Leadsynbio made simultaneous appearances at the Vitafoods Asia and WPE&WHPE 2025, presenting star products and innovative solutions developed through synthetic biology. The company highlighted its flagship nicotinamide nucleotide ingredients in the human nutrition sector, including NMN and NAD. In response to market demands, Leadsynbio has also built a diverse product matrix focused on anti-aging, mood management, weight management, and eye care.
BABO Presents Innovative Bamboo Fiber Solutions at CIDPEX Middle East
Sep. 2, the CIDPEX Middle East exhibition kicked off in Dubai, UAE. BABO showcased its diverse product portfolio and advanced bamboo fiber technology, highlighting core offerings and innovations in the bamboo fiber sector. The display attracted considerable attention from Middle Eastern clients and became a prominent feature of the event.
PART 03 Enterprise Honors
With Two Tech Breakthroughs, JJC’s Intelligent Petroleum Equipment Seals First-Set Accreditation
JJC recently secured a notable industry accolade, with two independently developed intelligent petroleum equipment — the WD-140 Integrated Drilling and Workover Robot "Smart Wrench" and the 70MPa Mechanical Seal Washpipe — being included in Beijing's 2025 Second Batch list of major "First-of-its-Kind" technological equipment. This recognition underscores their significant technological innovation and exemplary value to the industry.
BABO Honored with "AAA Well-known Trademark Brand"
The 15th China International Trademark & Brand Festival, hosted by the China Trademark Association, was grandly held in Taiyuan, Shanxi. Multiple authoritative brand awards were announced at the event. BABO was awarded the prestigious "AAA Well-known Trademark Brand", recognizing its exceptional brand influence, strong market reputation, and robust innovation capabilities.