05/07
2026
AGF Monthly | News Regarding AGF’s Portfolios in Apr.
05/07
PART 01 Financing Updates
Novusilicon Completes Series B Financing
On April 8, Novusilicon completed its Series B financing round, with investment from Hefei Industrial Investment Group. The proceeds from this round will be primarily directed toward the research and development, production, and market expansion of premium silicon-carbon anode materials.
Backed by its exceptional technological capabilities and product performance, Novusilicon has established a strong market position in China's anode materials sector. The successful closing of this Series B round fully demonstrates the capital market's strong recognition of the company's technical strength and growth prospects.
PART 02 Enterprise News
Enpower's Anhui 2GWh Solid-State Battery Advanced Manufacturing Base Commences Production, "Enpower Panshi" Series Batteries Make Stunning Debut
On April 16, Enpower's first 2GWh solid-state battery advanced manufacturing base in Anhui officially commenced production, with the simultaneous launch of the "Enpower Panshi" series solid-state battery products. This battery series is precisely targeted at the rapidly growing electric two-wheeler market, covering three key application scenarios: off-road electric motorcycles, battery-swappable electric motorcycles, and high-speed electric motorcycles. The series aims to set a new industry benchmark, delivering outstanding all-round performance across energy density, cycle life, safety, and fast-charging capability.
Enpower and PHOENIX WINGS Join Forces to Establish Joint Solid-State Battery Laboratory
Enpower and PHOENIX WINGS have partnered to co-establish a joint laboratory dedicated to solid-state batteries for logistics drones. The collaboration will focus on the research and development of next-generation solid-state battery technology, with a forward-looking approach to intelligent and digital innovation in battery applications. In addition, the two parties will jointly develop an AI-driven battery digital management platform, enabling high-precision monitoring of battery status, intelligent diagnostics, and lifespan prediction, thereby comprehensively enhancing the safety performance and operational efficiency of battery products.
BWI Group's Brazil R&D Center Officially Inaugurated
BWI Group's Brazil R&D Center has officially commenced operations, further strengthening the company's global footprint and establishing a collaborative R&D network spanning four key regions: China, Europe, North America, and South America. The center will focus on brake-by-wire as its core business, undertaking activities including product and technology development, localization of platform technologies, and technical support services.
SEVB Unveils "AI + Battery" Strategy and Launches "XingHuan" Large Cylindrical Battery Series
On April 16, SEVB held its inaugural Technology Day event, where it officially launched the strategy titled "AI + Battery: Making Every Battery Smarter" alongside a full-scenario technology roadmap. The roadmap systematically presents the company's technology portfolio across eight key domains, ranging from HEV hybrid systems to lithium-metal batteries and ultra-low-temperature sodium batteries. Complemented by eight new full-scenario battery products, the roadmap precisely addresses critical industry pain points — including long cycle life, high energy density, ultra-fast charging, and enhanced safety — making the core technologies behind "AI + Battery" both tangible and deployable.
Simultaneously, at Auto China 2026, SEVB unveiled its large cylindrical full-scenario battery solution — the "XingHuan" large cylindrical battery series. Structured across three product tiers — all-round, high-energy, and economy — and compatible with multiple material systems including phosphate-based, ternary, and sodium-ion chemistries, the series offers customers a comprehensive range of application solutions tailored to diverse scenarios.
SEVB to Lead Establishment of Guangdong Provincial Engineering Research Center for Aviation Power Batteries
The Guangdong Provincial Development and Reform Commission has recently issued a notice on the formation of Guangdong Provincial Engineering Research Centers for 2025, designating SEVB to lead the establishment of the "Guangdong Provincial Engineering Research Center for Aviation Power Batteries." The center will target the cutting-edge field of aviation power batteries, with a primary focus on developing high-safety, high-energy-density solid-state aviation power batteries. Its mission is to break through critical technological bottlenecks and provide core power support for Guangdong Province in building a world-class low-altitude manufacturing hub and cultivating new productive forces.
LifeLabs and SHINHAN Forge Strategic Partnership
On April 6, LifeLabs and SHINHAN held a strategic signing ceremony at Stanford University. Leveraging LifeLabs' patented human infrared management technology and SHINHAN's expertise in advanced manufacturing processes and fabric development, the two parties will jointly advance the supply chain and commercialization expansion of WarmLife®, with the goal of creating lightweight, warm, portable, and scalable dynamic thermal insulation products.
KingWills Makes Appearances at Multiple International Exhibitions
In April, KingWills showcased its independently developed metamaterial, Hypak™, at the 110th CIOSH, CMEF 2026, and WEPACK 2026. With its leading comprehensive performance, Hypak™ has achieved multi-sector, full-scenario coverage, finding wide application across industries including medical, protective equipment, construction, industrial, cultural and creative, and automotive.
Leadsynbio Makes Its Appearance at the 2026 Feed Industry Exhibition
On April 18, the 2026 China Feed Industry Exhibition grandly opened in Nanchang, Jiangxi, with Leadsynbio making a prominent appearance showcasing its core animal nutrition product, 25-Hydroxyvitamin D₃, along with its new product pipeline. Its core products are developed using proprietary synthetic biology patent technologies, delivering green, efficient, and superior quality. The products have obtained EU certification and are exported to more than 20 countries and regions worldwide.
XCharge Officially Inaugurates Its First European Assembly Factory in Spain
On April 10, XCharge officially launched its first European assembly factory in Spain, marking another pivotal milestone in the company's European localization strategy. Spanning nearly 3,000 square meters, the factory primarily produces high-power charging stations and energy storage systems. It is expected to reach full production capacity by 2027, with a primary focus on supplying the Spanish and broader European markets.
BABO Makes Appearances at Multiple High-Profile Exhibitions
In April, BABO made successive appearances at the 33rd International Tissue & Nonwovens Exhibition and the 139th Canton Fair. At both exhibitions, BABO centered its showcase around the theme of "bamboo fiber material innovation and immersive scenario-based experiences," presenting a comprehensive, multi-dimensional display of breakthrough achievements in bamboo fiber technology and its industrial applications.
PART 03 Enterprise Honors
Baoying Gases Secures Two Key Credentials Consecutively
Baoying Gases has recently obtained two core credentials in production and operations in quick succession, marking a significant upgrade in its business capabilities. The newly issued Hazardous Chemicals Business License, granted by the Emergency Management Bureau of Nanjing Jiangbei New Area, expands the company's operational scope to include both storage-free operations and storage operations involving major hazard installations. Concurrently, the company was granted a Hazardous Chemicals Production License by the Jiangsu Provincial Emergency Management Department, adding production qualifications for ammonia and ammonia solutions. These achievements further solidify Baoying Gases' compliance foundation and broaden the scope of its business development.
BABO Wins First Prize of the 2025 China Light Industry Federation Science and Technology Progress Award
The China Light Industry Federation has recently issued its Decision on the 2025 China Light Industry Federation Science and Technology Awards. The project "Key Technologies and Industrial Application of Total Chlorine-Free (TCF) Clean Bleaching of Bamboo Pulp," jointly submitted by BABO and Tianjin University of Science and Technology Co., Ltd., has been awarded the First Prize of the 2025 China Light Industry Federation Science and Technology Progress Award in recognition of its outstanding technological innovation and industrial application value.
AICT Wins Gold Medal at the Geneva International Exhibition of Inventions
At the 51st Geneva International Exhibition of Inventions, AICT, jointly with the University of Science and Technology Beijing and Tsinghua University, was awarded the Gold Medal for their collaborative exhibit, "Privacy-Aware Edge Intelligent Computing Device and Application." Targeting urban AIoT and physical AI scenarios, the project harnesses core technologies — including edge-side privacy computing, multimodal perception, and pixel rearrangement — to enhance traffic management efficiency while robustly protecting sensitive data and privacy, thereby establishing a secure foundation for physical AI applications.