On March 29, Yingke Capital’s double-carbon strategic layout reappeared with a huge amount of money, investing 900 million yuan in Wanxiang 123 Co., Ltd. Yingke Capital and ICBC Credit Suisse, CDB Development Fund, ICBC Financial Assets and other original shareholders attended the register of shareholders at the same time. As an important battery business segment of Wanxiang Group, Wanxiang 123 is the world's leading new energy technology company and one of the few with an international and comprehensive independent research and development system. It has built a global influential innovation platform, and its battery materials cover lithium iron phosphate. , ternary, solid-state technology routes, products are widely used, and business prospects are broad. It is one of the most technologically innovative new energy listed backup companies in China. With the finalization of the investment in this project, Yingke Capital's dual-carbon strategic layout has written another impressive stroke in the implementation of the investment strategy of "positioning the new energy track and locking in the industry's leading assets".
Qian Mingfei, chairman of Yingke Capital, said that Wanxiang 123 is positioned as a clean energy provider, a leading company in high-end battery systems, and a well-deserved leader in the industry. On the one hand, the company adheres to the independent research and development of the whole product system and has accumulated rich research results, building a moat led by global technology; on the other hand, relying on Wanxiang Group's more than 40 years of deep cultivation in the automotive industry, the company has inherited the high-quality genes of the automotive industry. , is well versed in the core of upstream and downstream needs, and has a tacit understanding of user collaboration; at the same time, Wanxiang’s strategic construction adheres to the long-term layout idea, and builds a whole-industry ecological chain platform, which provides a starting point for industrial collaboration. "This type of high-quality enterprise that has both the vertical advantages of leading technology and the horizontal coordination of the industrial ecological chain is a core asset that cannot be missed in the layout of Yingke Capital's new energy industry track. In the future, it is not ruled out that further increase is possible." Qian Mingfei told reporter.
Wanxiang 123 is a global innovator of clean energy technology and a leader in mid-to-high-end battery systems. It focuses on providing battery systems, control systems, energy storage systems, distributed smart energy, and energy network construction. Its product application scenarios cover passenger vehicles. In the field of automobiles, racing cars and energy storage, the main products are 12V/48V low-voltage batteries, power batteries for new energy vehicles, special batteries for F1 racing cars and energy storage battery systems; low-voltage batteries are in an absolute leading position in the world, with a market share of 50%. Energy storage products are widely used in high-end customers in China, Europe and other places, and power batteries for new energy vehicles are used in mainstream international car companies. With strong R&D strength and advanced quality management, the company's products have won long-term recognition from domestic and foreign customers, and have now locked in Volkswagen, BMW, Audi, Renault, GM, Porsche, Daimler Benz, Volvo, Jaguar Land Rover, Strandy Orders from top overseas OEMs in Sri Lanka, as well as orders from internationally renowned industrial and household energy storage companies such as Enphase, Sonnen, and VERTIV.
Wanxiang 123 adheres to long-termism, with the mission of "cleaning the air" and the vision of building a world-class clean energy interconnected technology company. After more than 20 years of continuous investment and technology accumulation, it has formed a deep and high-quality global R&D system, Excellent product strength, complete industrial chain layout and world-class customer base. The company adheres to global operations, and has R&D centers, manufacturing bases and sales outlets in China, the United States, Germany, the Czech Republic and other places to provide global services for high-end users in China, Europe and America. The company has the world's leading lithium iron phosphate and ternary technology (the third generation of super nano lithium iron phosphate and the 7 series ternary battery technology recognized by the public system), and has the lowest core material patent technology, global independent research and development The platform supports companies to carry out original, 0-1 research and development. In addition, the company is one of the first companies to participate in the ecological investment of the industrial chain. It has successively deployed high-quality enterprises such as Tianci Materials, Zhejiang Pawa, Hubei Wanrun, Changyuan Lithium, and Jiujiang Defu, covering cathodes, anodes, electrolytes, equipment, etc. The key link is to establish a high degree of mutual trust, synergy and win-win relationship with upstream and downstream partners of the industry chain, so as to jointly drive the development of the industry and lead the progress of the industry.
It is worth noting that Wanxiang One Two Three has become the darling of various leading institutions. According to the announcement of Wanxiang Qianchao (000559.SZ), a listed company controlled by Wanxiang Group, ICBC Credit Suisse Investment Management Co., Ltd., CDB Development Fund Co., Ltd., ICBC Financial Assets Investment Co., Ltd., and many funds under Yingke Capital are among the listed companies. One of the 123 shareholders of Wanxiang. Wanxiang Qianchao said that participating in the investment in Wanxiang 123 intends to lay out the core of energy technology and the core component of new energy vehicles-battery companies, try to speed up the company's strategic transformation, and actively promote the company's investment in clean energy technology companies. strategy, to seize the broad development space of the clean energy industry for coordinated development.
Qian Mingfei pointed out that the proposal of the goal of "carbon peaking and carbon neutrality" has built an incremental market of double trillion-level clean energy. The energyization of power batteries and energy storage batteries is an industry consensus. In the battery field, a broad track with long slopes and thick snow has been laid. At present, the market is still in the initial stage of competition and staking, and the industry structure is uncertain, which provides a broad stage for potential enterprises with strong comprehensive strength. Wanxiang 123 has first-mover competitive advantages in terms of technology leadership, global customer system, complete industrial chain layout, and sustainable development space, and the future is promising. Yingke Capital will open up the existing industrial circle resources of Wanxiang 123, provide all-round empowerment support, adhere to serving the national strategy, and fulfill the mission of an important strategic investor in leading industrial enterprises.
As a strategic investor in this round of financing of Wanxiang 123, Yingke Capital ranks among the top 5 in the venture capital industry, with assets under management exceeding RMB 50 billion, and more than 90% of the funds come from large institutions. As one of the largest research-based investment institutions in China, Yingke Capital focuses on core tracks such as biomedicine, dual-carbon strategy, and hard-core technology. Layout, the cumulative investment layout of nearly 300 biopharmaceutical and hard-core technology enterprises.
