China Merchants Securities

Aixin Semiconductor Technology specializes in the research and development, manufacturing, and sales of semiconductor front-end measurement and testing equipment. It has a production plant of more than 1,000 square meters in Shenzhen, including a thousand-level assembly and commissioning clean room, and a hundred-level, and ten-level laboratory clean room.

Wei Gao Jie Kang Biological Material specializes in dental medical device research and development, manufacture, sales, and training. Dental implant systems (WEGO/JERICOM/Xteady), oral biomaterials, digital dental diagnosis and treatment equipment, implant surgery tool goods, oral personalized and digital restoration products, and dental clinical consumable products are the primary items.

Boruspan is a machine tool manufacturing enterprise, engaged in the R&D and manufacturing of high-precision CNC machine tools.

Porton Advanced Solutions (Porton Advanced) is a CDMO specializing in Cell and Gene Therapy (CGT). To meet the therapeutic product needs of our clients at the pre-clinical, clinical, and commercial stages, we offer end-to-end process development (PD), analytical development (AD), GMP manufacturing, and testing services.

Porton Advanced Solutions (Porton Advanced) is a CDMO specializing in Cell and Gene Therapy (CGT). To address clients' therapeutic product demands at the pre-clinical, clinical, and commercial stages, the firm offers end-to-end process development (PD), analytical development (AD), GMP manufacturing, and testing services.

Aoquan is a biopharmaceutical company that provides research and development, production, and industrialization of innovative drugs.

SpeedBot specializes in developing vision-guided intelligent robots for smart factories. It focuses on integrating 3D visual perception and flexible robotic control to enhance robot capabilities in complex scenes across industries like manufacturing, logistics, and retail.

Data Grand is a provider of text processing technology and intelligent office robot services, specializing in big data application services for various industries. The company offers a comprehensive suite of tools, including a text mining engine, intelligent recommendation systems, and an intelligent knowledge graph. Their advanced technology incorporates natural language understanding and generation, enabling users to efficiently extract, review, and search for information within large databases. Additionally, Data Grand's services encompass document smart review, intelligent search systems, customer opinion insights, optical character recognition, and robotic process automation. By leveraging these innovative solutions, Data Grand aims to enhance business efficiency and improve data mining capabilities for large enterprises.

Regend Therapeutics is a leading company in the field of human organ regenerative medicine, specializing in the development of stem cell therapy products. Its flagship product, REGEND001, is the world's first autologous stem cell preparation for treating respiratory diseases and has received approval from the State Food and Drug Administration. Regend Therapeutics is notable for being the first organization in China to be registered for conducting clinical research on stem cells, with its operations overseen by the National Health and Health Commission. The company is recognized as a key player in research and development by the Ministry of Science and Technology. Regend has achieved ISO9001:2008 quality management system certification, and its stem cell preparation complies with various national and international standards, including China Metrology Accreditation and the China Conformity Assessment Committee. All clinical programs are conducted in accordance with regulatory guidelines and are registered with the National Trial Global Database of the National Institutes of Health. The company's research focuses on solutions for interstitial lung disease, assisted reproduction, stem cell storage, and chronic obstructive pulmonary disease.

Sheng Microelectronics is a driver chip design company. They engaged in creation of driver chips for amoled display screens, with an emphasis on consumer electronics goods such as smartphones and smart wearables.

Jifan Biotechnology is a biotechnology firm that provides molecular biology reagents, diagnostic raw materials, and kits for research.

Xinge is a company dedicated to the field of intelligent manufacturing. Recently announced the completion of over 100 million yuan of B round of financing. This round of financing was led by Yuanhe Puhua, followed by China Merchants Securities, Amoeba Capital, and old shareholder Linxin Capital. Sina Capital served as the exclusive financial adviser. The financing will further support Xinge's research and development in the machine vision industry, and accelerate the company's team building and market layout.

Moore Threads, founded in 2020 and located in Beijing, China, specializes in the development of Graphics Processing Unit (GPU) technology tailored for various applications, including visual computing, artificial intelligence, and high-performance computing. The company provides advanced GPU technology and services to corporate clients across multiple sectors, such as gaming and the creative industry. Its offerings include solutions for data centers, edge computing servers, professional workstations, and high-performance personal computers, allowing clients to execute complex computational tasks efficiently.

Chance Pharmaceuticals specializes in the discovery, development, and commercialization of inhalation therapies for treating debilitating diseases like chronic obstructive pulmonary disease (COPD), asthma, pulmonary arterial hypertension, and central nervous system disorders. The company focuses on creating generic drugs using innovative dry powder inhalation delivery systems, aiming to reduce manufacturing costs through advanced powder aerosol technology.

Reforgene Medicine is a biomedical company focused on developing innovative drugs aimed at curing genetic diseases, chronic illnesses, and cancer. Utilizing advanced gene editing and genomic technologies, the company creates programmable medicine that offers targeted treatments for patients. By harnessing the potential of genome editing, Reforgene Medicine seeks to improve patient outcomes and contribute to the advancement of personalized healthcare solutions.

Sean Technology is an enterprise in the field of new energy lithium battery recycling. It has more than 20 years of experience in the development and project operation of three waste treatments and comprehensive utilization of resources. It continues to invest in research and development of energy-saving and environmental protection technologies, which can effectively recycle industrial waste, especially in the recovery, separation, and purification of waste lithium batteries after recycling, which can convert waste battery materials into reusable high-performance and other industrial production raw materials.

OrbusNeich Medical is a leading global manufacturer of medical devices specializing in endovascular interventional instruments. Established in 2001 with its first research base, the company has developed a comprehensive portfolio of vascular solutions that are recognized for setting industry benchmarks in vascular intervention. As of 2023, OrbusNeich generates a significant portion of its revenue from Japan, followed closely by regions in Europe, the Middle East, and Africa. The company’s primary product offering is in the coronary interventional segment, which includes scoring balloons, non-compliant balloons, and stents, collectively accounting for the majority of its revenue. OrbusNeich's commitment to innovation and quality positions it as a key player in the medical device industry.

Shenzhen LeiShen Intelligent System Co., Ltd. specializes in the development and production of advanced lidar products and solutions for various applications, including robotics and autonomous vehicles. The company offers a diverse range of products such as lidar for navigation and anti-collision, laser imaging sensors, and specialized fiber lasers. LeiShen's offerings include 2D TOF laser scanners, non-rotating laser scanners, and modular systems for cleaning and service robots, designed to operate under harsh conditions with high reliability. The company emphasizes innovation and technology, holding numerous patents and software copyrights, with several core technologies recognized as industry leaders globally. LeiShen is committed to enhancing human life through technological advancements and has achieved ISO quality management certification. Headquartered in Shenzhen, China, LeiShen continues to push the boundaries of lidar technology, focusing on practical applications that improve automation and efficiency in various sectors.

MabPlex International Ltd is a contract development and manufacturing organization specializing in biopharmaceuticals, including monoclonal antibodies, recombinant proteins, antibody-drug conjugates, and bispecifics. Founded in 2013, the company operates from its headquarters in Yantai, China, and has an additional office in Fremont, California. MabPlex provides a comprehensive range of services that encompass all stages of drug development, from DNA to finished drug products. Its offerings include customized mammalian cell medium, cell banking, and the manufacturing of monoclonal antibody active pharmaceutical ingredients, as well as fill and finish services for biologics and antibody-drug conjugates. The company aims to deliver high-quality solutions for bio-manufacturing to its global partners.

COSMOplat is an online platform that provides industrial internet services. It is a subsidiary of Haier and its services include industrial Internet platform operation, industrial intelligence research, intelligent control, intelligent equipment, and automation. It was founded in 2017 and is headquartered in Shanghai, China.

Cyagen Biosciences Inc., founded in 2006 and headquartered in Santa Clara, California, is a contract research organization and manufacturer of cell culture products with additional offices in China. The company specializes in developing custom-engineered mouse and rat models for research applications, catering to universities and companies worldwide. Cyagen offers a comprehensive range of products, including stem cells, fluorescent-labeled cells, primary cells, and various stem cell culture media. In addition to animal models, the company provides molecular biology services such as vector construction and virus packaging, alongside supporting services for mouse models. With a focus on delivering high-quality research reagents and tools, Cyagen aims to facilitate medical research efficiency and effectiveness for the global biological research community.

Huaqin specializes in the design, development, and production of smartphones, tablets, notebooks, servers, and IoT products. As a global leader in ODM services, Huaqin partners with Google to ensure secure Android devices for customers worldwide.

DoBe Group, established in Shanghai, China in 2006, specializes in developing and operating real estate properties tailored for cultural and creative industries. The company serves as a professional operator of creative office parks, offering comfortable workspaces alongside comprehensive services to facilitate the growth of cultural and creative enterprises. Additionally, DoBe Group provides enterprise management services, brand promotion services, and financial consulting services to support its tenants' development.

Investoday is a company that specializes in artificial intelligence data and technology services, focusing on the financial sector. It develops a financial technology platform that analyzes market trends and investment risks, offering quantitative investment strategies. The company's services include asset management, securities investment, intelligent investment advice, and comprehensive financial planning. By providing investment management services and quantitative analysis across various asset classes, Investoday enables major asset managers to access essential financial data and insights for informed decision-making.

Qingdao Krund Robot Co., Ltd. is a robotics company based in Qingdao, China, specializing in the development and manufacturing of service robots. The company focuses on research and development to create robots that can perform physical tasks traditionally carried out by humans. By providing these robotic solutions, Krund aims to enhance management efficiency for its clients while also helping to reduce operational costs. The company's innovations are designed to meet a variety of human demands in various sectors.

GRAIL, Inc. is a healthcare company dedicated to advancing technologies for early cancer detection. Founded in 2015 and headquartered in Menlo Park, California, GRAIL has developed Galleri, a screening test aimed at asymptomatic individuals over 50 years old, and DAC, a diagnostic aid designed to expedite the resolution of cancer diagnoses in patients with clinical suspicions. The company also focuses on creating minimal residual disease tests and other post-diagnostic solutions. GRAIL's innovative approach includes a pan-cancer screening test that utilizes high-intensity sequencing to analyze circulating nucleic acids in blood, enabling the potential to detect various types of cancer at early stages.

Yida Media is a television production company.

Touna is an online platform that facilitates lending within the internet auto finance industry. It acts as an intermediary, connecting lenders with surplus funds to debtors seeking financial assistance. The company leverages mobile internet technology and robust risk management systems to offer intelligence collection and information services. Touna's platform aims to streamline transactions by providing loan matching information and intermediary services to both investors and borrowers.

CIG offers marketing solutions for the entire value chain. The company assists customers from the collecting of sales leads, to the guiding to the store, to the promotion of the final transaction. The company offers services ranging from brand strategy, content creation, media marketing, public relations, social marketing, search marketing, user operation, foreign marketing, and other full value chain marketing services.

Fantawild is a designer and operator specializing in technology-themed parks, offering a comprehensive range of services that includes theme park master planning, project design, and attraction development. The company focuses on two main categories: cultural content products and services, which encompass special movies, animation products, themed performances, and cultural derivatives; and cultural technology theme parks, which involve creative design and the implementation of innovative cultural themes. Fantawild has developed numerous advanced themed attractions and possesses a wealth of proprietary technologies, software, and equipment, establishing itself as a leader in the creation of high-tech entertainment experiences.

iView Displays, established in 2006, is a Hong Kong-based optoelectronics company specializing in research and development of display technologies. With a strong team of industry veterans and over ten patents in display, optics, and solid-state electronics, iView focuses on creating efficient display system solutions. The company's strategic operations include an R&D center in Shenzhen, China, and a fabrication facility in Nanjing, China, enabling cost-effective commercialization of its innovations. iView is renowned for pioneering pico-projection technology, now widely used in consumer and industrial applications.

Guangjing Technology has a design and production center in Shenzhen, China. It is a leading supplier of micro-projection optics and supplies micro-projectors for several international brands. The company has the most versatile product line, including ultra-small components embedded in mobile devices, products that drive mobile phone accessories, and high-power components for home entertainment and office use. In addition to the consumer electronics industry, Guangjing Technology's products are also used in a variety of industrial and medical applications, such as automotive head-up displays, 3D scanning and printing, and medical vein finder.

QingCloud is a technology enterprise based in China that offers a cloud computing platform focused on Infrastructure as a Service (IaaS). The company provides a range of flexible cloud services, including private networking, real-time computing, open APIs, comprehensive monitoring, and robust security policies. Founded by former employees of Tencent, Baidu, and IBM, QingCloud aims to create an optimized IaaS platform that meets significant technological needs. The company's CEO has articulated a vision for QingCloud to emerge as a globally recognized cloud provider. With plans to expand its operations into the Asia Pacific region, QingCloud is committed to delivering innovative, reliable, and flexible solutions that support digital transformation for enterprises.

Beijing Wajiu Electronic Commerce Co., Ltd. operates Wajiu.com, an online business-to-business platform specializing in the import, trading, and sale of wine and beverages. Based in Beijing, China, Wajiu.com serves as an e-commerce destination for businesses seeking to procure imported wines. In contrast to Wangjiu.com, which caters to end consumers, wholesalers, and other businesses, Wajiu.com is dedicated to facilitating transactions exclusively between businesses. The platform is part of the broader alcohol e-commerce landscape in China, contributing to the growing market for imported beverages.

Liaoning Chengda Biotechnology Co., Ltd. is a Shenyang-based company established in 2002 that specializes in the research, development, production, and sale of virus vaccines for human use in China. The company primarily offers rabies and Japanese encephalitis vaccines, with an annual production capacity of 10 million doses for each vaccine. Chengda's rabies vaccine has a strong presence in the domestic market and is exported to several countries, including India, Pakistan, and Thailand. The company operates a large production facility in the National High-tech Park of Weinan, covering nearly 100 acres, and employs over 800 staff. Chengda is also developing new vaccines, including a bivalent renal syndrome hemorrhagic fever vaccine, which is expected to complete clinical research and obtain production approval soon. The company emphasizes its commitment to high-quality standards and has successfully passed national GMP certification. Liaoning Chengda Biotechnology aims to uphold its values of integrity and responsibility while expanding its product line to meet the growing demands of the immunization program in China and beyond.

Kingsoft Cloud Holdings Limited is a prominent cloud service provider based in Beijing, China, established in 2012. As a subsidiary of Kingsoft Corporation Limited, it operates independently, offering a wide range of cloud services to various industries. The company's comprehensive product portfolio includes cloud servers, storage solutions, relational databases, load balancing, VPN services, and cloud security. Kingsoft Cloud serves diverse sectors such as gaming, video, artificial intelligence, e-commerce, education, and healthcare, providing tailored cloud solutions to meet specific business needs. With data centers and offices in key locations like Shanghai, Chengdu, Guangzhou, Hong Kong, and North America, Kingsoft Cloud is positioned as one of the top cloud computing companies in China and a significant player in the global market.

E-change Driving School is a driving school training service company.

PUDOW supplies water purifying devices. They provide water purification solutions, commercial drinking machines, household water purifiers, N3 home nanofiltration drinking machines, KJ series household water purifiers, faucet water purifiers, and desktop water boilers.

Smoore Technology specializes in atomization technology solutions, primarily focusing on the manufacturing of heat-not-burn products and electronic vaping devices. The company operates through three main segments: research, design, and manufacturing of closed-system vaping devices and components for tobacco and independent vaping companies; the development and sale of self-branded open-system vaping devices for retail clients; and the application of atomization technology in medical treatments, specifically for inhalation drug delivery systems. Smoore generates the majority of its revenue from its vaping devices and components, positioning itself as a key player in the vaping technology market.

PipGame offers assistance for creating mobile online games. It creates and offers services for mobile applications and amusement game goods. Martial arts, magic, history, mythology, fantasy, leisure, and other topics are all included in the product content.

Source Homo Technology is a technology company that specialises in the development of image detection systems and intelligent robotics solutions. Their expertise lies in creating solutions that combine image recognition technology with intelligent robotics, catering to various industries' needs. Source Homo Technology offers state-of-the-art products and services to enhance efficiency and productivity in diverse sectors.

Damon is in the logistics equipment industry. Through the R&D and application of logistics technologies, the company provides enterprises with logistics technologies and solve warehousing and logistics management difficulties.

Source Homo Technology is a technology company that specialises in the development of image detection systems and intelligent robotics solutions. Their expertise lies in creating solutions that combine image recognition technology with intelligent robotics, catering to various industries' needs. Source Homo Technology offers state-of-the-art products and services to enhance efficiency and productivity in diverse sectors.

IN-RICH provides financial and consulting services. Their service plan includes financial risk services, financial asset services, financial talent services, financial logistics services, call center services, and information technology services. Their goal is simple: to remain at the forefront of the financial services market and to establish a comprehensive financial services enterprise.

CH-Auto Technology is an automotive company that specializes in the design, development, manufacture, and sale of fully electric vehicles and vehicle components. The company also offers comprehensive automotive design services to major auto brands. Their portfolio includes the K50, a two-seater, all-electric, all-wheel drive super sports car, and the K20, a small-size, two-seater hatchback designed for urban middle-class consumers. Additionally, CH-Auto Technology is developing the K25, a four-seater hatchback with high mechanical performance, also targeting the urban middle-class market.

Seth Media Holdings is an internet media and channel operator service company.

baobeigezi.com relies on the e-commerce platform to focus on the sale of maternal and child products and provides integrated solutions and services for integrated stores. It is an overseas direct mail B2C e-commerce platform. They use 5G, big data, cloud computing, artificial intelligence, blockchain, and other new-generation information technologies.

Tiandi It develops and produces vinegar-based beverages. The company's major offerings, which give clients nutritious mealtime beverages, include vinegar drinks, cider, and natural spring water. is a joint-stock company that combines vinegar beverage research and development, production, and sales.

Tonly is a manufacturer specializing in mining dump trucks, playing a pivotal role in the development of the mining dump truck industry. The company focuses on the design, research, and development of mining dump trucks, leveraging technology and innovation to enhance its offerings. In addition to manufacturing, Tonly is involved in the sales, repair, leasing, and parts sales of heavy industrial machinery, ensuring comprehensive support for its products. The company also engages in the processing and assembly of incoming parts, facilitating efficient operations within the heavy machinery sector.