Hengxu Capital

Haier New Energy, established in China, specializes in developing and implementing green and low-carbon energy solutions for residential use. The company's offerings include integrated photovoltaic storage and charging systems, as well as integrated photovoltaic storage and thermal energy solutions, all designed to enhance energy efficiency and reduce carbon footprint in households.

TsIntergy Technology is a national high-tech enterprise that specializes in energy industry operations optimization and artificial intelligence applications. The company focuses on building electric power markets, optimizing power grid dispatch, and digitalizing and intelligently operating power generation. It also works on planning and operating optimization for the energy Internet, and on energy big data analysis and prediction. Its offerings include strategic consulting, core algorithms, software platforms, cloud-based applications, and data mining and analytics, aimed at helping clients improve efficiency, reliability, and insight across energy value chains.

Zhihang Zhong is a prominent researcher in the field of artificial intelligence, particularly known for his work on integrating spatial perception and reasoning into AI systems.

Butler Electric Group is a provider of electric utility services tailored for B2B industry customers. The company specializes in a comprehensive suite of offerings, including connection to the distributed energy grid, substation custody operation and maintenance, and all-weather repairs. Additionally, Butler Electric Group supports power supply for construction projects, ensuring reliable energy solutions for its clients. By integrating Internet and energy services, the company aims to meet the diverse needs of its customers effectively.

Sainte is a company which provides professional nutritional solutions for babies with different nutritional needs

Zhuoyu Technology specializes in developing and supplying high-end intelligent driving systems and self-designed core components for advanced driver assistance in passenger vehicles. The company offers flexible, diverse solutions tailored to various vehicle types and powertrains, enabling partners to efficiently produce intelligent driving features at scale.

Galaxy Bot is an innovative robotics company that provides intelligent universal service robotic products.

Moyang Biotechnology specializes in the development and consulting services of medical biomaterials for beauty sector.

Xi'ai Ai manufactures electrical gear and equipment. The company specializes in the manufacture of various relays, filters, contactors, and their associated components.

Cataya Bio (Shanghai) Co., Ltd. is a biotechnology company focused on developing synthetic biological products for various industries. Utilizing an advanced engineering biology platform, Cataya Bio engineers microbes and implements clean fermentation processes to produce high-purity products efficiently and sustainably. The company aims to facilitate the transition from petroleum-based materials to natural and sustainable raw materials, addressing critical global challenges such as environmental preservation, carbon emissions, and climate change. Through its innovative approach, Cataya Bio provides clients with effective solutions for sourcing raw materials that align with contemporary sustainability goals.

Yuanxin Satellite is a provider of low-orbit broadband multimedia satellite network operation services. The company integrates advanced technologies at home and abroad, and focuses on investment in the satellite industry and low-orbit broadband satellite networks. Yuanxin Satellite was founded on March 8 and is headquartered in Shanghai, China.

Sunpure produces photovoltaic smart cleaning robots. Sunpure offers standardized, professional, and intelligent overall cleaning solutions for solar power installations.

Zhongning Silicon is a manufacturer of semiconductors, liquid crystals, and photovoltaics.

Wisbiom is a microbiotherapy company dedicated to developing innovative microecological preparations and living biopharmaceuticals aimed at enhancing human health. The company specializes in biologic products and live biotherapeutic products, particularly targeting conditions such as autism spectrum disorders and dwarfism. Wisbiom is focused on advancing treatments that support children's growth by leveraging techniques like anaerobic ammonium oxidation. Through its research and development efforts, the company strives to create effective microbiome-related solutions that improve patient outcomes and overall well-being.

Xingsai Bio is a developer of single-cell analysis instruments and supporting reagents and consumables.

Youhualin provides intelligent decision-making solutions, data strategy consulting, and software implementation services. Youhualin assists businesses in developing medium- and long-term production master plans, as well as anticipating production capacity and material supply to meet demand. Youhualin focuses on the needs of manufacturing scenarios, effectively solves enterprise supply chain planning problems through the macro-to-micro multi-level planning product system, and deploys nationwide to provide users with a three-dimensional service network.

Hydrogen Aviation Technology is committed to innovative applications of lightweight hydrogen fuel stacks. Its self-developed hydrogen-powered UAV has reached the international leading level.

Xinlian Power is a provider of wide bandgap semiconductor goods and solutions, specializing in process research and development, manufacturing, and sales of SiC and other wide bandgap semiconductors.

Cataya Bio (Shanghai) Co., Ltd. is a biotechnology company focused on developing synthetic biological products for various industries. Utilizing an advanced engineering biology platform, Cataya Bio engineers microbes and implements clean fermentation processes to produce high-purity products efficiently and sustainably. The company aims to facilitate the transition from petroleum-based materials to natural and sustainable raw materials, addressing critical global challenges such as environmental preservation, carbon emissions, and climate change. Through its innovative approach, Cataya Bio provides clients with effective solutions for sourcing raw materials that align with contemporary sustainability goals.

Mateside is a household rehabilitation medical device company. It focuses on rehabilitation, and treatment.

Protoga is a biotechnology company specializing in the development and commercialization of microalgae-based products aimed at enhancing human immunity. The firm focuses on large-scale microalgae cultivation and offers contract development and manufacturing organization (CDMO) services. Protoga's products are meticulously cultivated and processed to ensure high quality and consistency, incorporating beneficial compounds such as β-1,3-Glucan, microalgal protein, DHA, and astaxanthin. The company's customer base spans various industries, including food, healthcare, and cosmetics, reflecting its commitment to providing innovative solutions derived from microalgae biosynthesis technology.

Levostar Biotechnology is a biotechnology company focused on the development and manufacture of cell and gene therapy products. It offers comprehensive solutions for the cell and gene therapy industry, including clinical testing services for various therapy platforms, viral vector platforms, mRNA vaccines, and therapeutic platforms. The company emphasizes GMP-level production processes and stringent quality control methods for plasmids and mRNAs. By providing these advanced technologies and services, Levostar aims to facilitate and accelerate research and development in gene cell therapy and mRNA drug innovation.

Runxin Micro Technology offers a software-defined automotive solution with integrated software and hardware capabilities. They have obtained extensive coverage from the chip layer, driver layer, system layer, application layer, and cloud, and are able to offer technology research and development and solution services, including internet of things end-to-end software platform development, terminal operating system framework development, software ai algorithm module product development, chip design, and self-developed core solutions integrating hardware and software.

ZD MedTech specializes in developing advanced robotic assistive technology and intelligent rehabilitation solutions tailored for clinical needs in China. The company's core offerings include high-end rehabilitation robots and exoskeleton upper limb training robots, designed to enhance patient recovery and expedite rehabilitation treatment.

Butler Electric Group is a provider of electric utility services tailored for B2B industry customers. The company specializes in a comprehensive suite of offerings, including connection to the distributed energy grid, substation custody operation and maintenance, and all-weather repairs. Additionally, Butler Electric Group supports power supply for construction projects, ensuring reliable energy solutions for its clients. By integrating Internet and energy services, the company aims to meet the diverse needs of its customers effectively.

Aiste provides power conversion solutions. They offers SiC MOS chips and SiC modules for vehicles, motor drives, charging piles, wind energy inverters, photovoltaic inverters, and industrial power supplies.

Brattea is a medical device research and development company specializing in renal denervation products aimed at addressing various health conditions, including hypertension, cancer pain, and diabetes. The company develops interventional devices that include renal artery ablation catheters, radiofrequency ablation equipment, and medical mapping systems. These products are designed to treat a range of medical issues, such as refractory hypertension, obstructive sleep apnea, kidney disease, and heart failure. Through its innovative approach, Brattea aims to provide reliable solutions that improve patient outcomes and enhance the quality of care in the medical field.

Keyking Recycling is a company specializing in the recycling of waste lithium batteries and other lithium-containing materials. It focuses on the recovery and processing of used lithium batteries, power batteries, and nickel-cobalt wastes, as well as the purification of crude lithium salts. Keyking Recycling is notable for being the only company in China to produce battery-grade lithium carbonate using a One Step method, which enhances the lithium extraction rate and product purity. Through its innovative approaches, the company aims to support sustainable resource recovery and contribute to the growing demand for lithium and its compounds in various applications.

Freetech is a high-tech enterprise based in Hangzhou, China, founded in 2016. The company specializes in developing advanced driver assistance systems (ADAS) and offers innovative solutions tailored for the autopilot industry. Freetech has established itself as a leader in intelligent driving technology, holding core intellectual property in this field. Its products and services are designed to improve safety on the roads and enhance the overall travel experience by addressing diverse performance, application, and system requirements. Through its commitment to innovation, Freetech aims to transform human mobility and create a safer traffic environment for all travelers.

Getech Technology is an innovative developer of an industrial application platform that leverages artificial intelligence and Internet of Things technology. The company specializes in providing industrial internet products and services to manufacturers in China. By integrating artificial intelligence, big data, and cloud computing, Getech Technology enables frontline production engineers to design various logical models and industrial applications. This capability supports the digitization and intelligent upgrading of the manufacturing industry, facilitating enhanced operational efficiency and modernization.

Jiemeng Intelligence specializes in the development, design, and manufacturing of equipment for the lithium-ion battery industry, particularly in the coating process. The company is dedicated to providing innovative solutions for front-end equipment and lithium-ion battery machinery. Jiemeng Intelligence aims to deliver safe, efficient, and intelligent new energy equipment solutions to its clients, supporting advancements in energy technology.

ITImotor is a provider of automotive technology testing services and products. The company specializes in testing of vehicles, engines, transmissions, and new‑energy vehicles, and it also manufactures testing equipment. It offers technical consulting to clients to support their testing needs.

Trinova Technology specializes in the production and technical services of intelligent automotive wire-controlled chassis systems. The company is at the forefront of developing advanced safety technologies and electronic control systems for vehicles in China. Trinova has created a range of sophisticated products, including redundant electronically controlled steering, eBooster, and integrated braking and stability systems. Their focus encompasses critical components such as automatic emergency braking, lane-keeping assistance, and advanced driver assistance systems. Trinova's capabilities extend across the entire research and development spectrum, including testing, manufacturing, calibration, and integration of automotive chassis electronic control products, positioning the company as a key player in the autonomous driving sector.

Nutshell Therapeuticstein drug discovery platform, composed of a well-integrated set of computational modules and experimental tools based on a proprietary AI algorithm and deep know-how derived from biochemistry and biophysics, possesses the capability to discover a host of drug entities, including various types of protein activators and subtype/mutation-selective small molecules.

Sunwoda Electronic is a high-tech enterprise focused on research and development, design, production, and sale of lithium-ion battery cells and modules, providing eco-friendly and energy-efficient energy solutions. It develops Li-ion batteries for a broad range of devices, including mobile phones, digital cameras, laptops and netbooks, electronic paper books, power tools, industrial mobile lighting, and medical equipment.

Ceram Pharmaceuticals is a biotech firm that uses epigenetics to carry out R&D of drugs and diagnostic treatments for cancer and diseases.

Yangteng Group is a company that specializes in the development and manufacturing of software systems specifically tailored for the automotive industry, with a focus on electric vehicles. It offers digital applications that cater to various automotive services, delivering comprehensive software solutions designed for industrial users in the automobile sector. By integrating innovative technology into their products, Yangteng Group aims to enhance the functionality and efficiency of electric vehicles, contributing to the advancement of the automotive landscape.

Silicon Magic Semiconductor is a manufacturing firm specializing in the development and production of semiconductor products. The company focuses on delivering highly integrated analog chip solutions tailored for smartphones and LCD/OLED flat panel displays. Additionally, it provides advanced power device solutions designed for 5G communications, servers, and automotive applications. Silicon Magic Semiconductor is committed to innovation and quality in the semiconductor industry, addressing the evolving needs of modern technology.

Xgene Pharmaceutical Inc. is a pharmaceutical company founded in 2015 and based in the Cayman Islands. It focuses on developing small-molecule drugs aimed at treating chronic pain, infectious diseases, and tumors, with a particular emphasis on neurological disorders. As a late-clinical stage, venture-backed firm, Xgene utilizes proprietary linker technology to create novel, multimodal conjugated molecules. Its current programs are designed to enhance the efficacy and tolerability of pain medications, addressing unmet needs in the treatment of chronic pain and neurological conditions.

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.

Xinruili provides automotive aftermarket services.

Kai Medtech is a company that specializes in the development and supply of medical devices aimed at treating cerebrovascular diseases. It operates as a marketing and sales entity within the vascular intervention medical device sector, emphasizing the use of nerve intervention techniques. Committed to innovation, Kai Medtech integrates research and development with production and marketing to create comprehensive solutions that enhance patient care in the treatment of cerebrovascular and neurological conditions. The organization aims to establish itself as a leader in the vascular device industry by focusing on advanced neurointerventional technology.

HiFiBiO is a biotherapeutics company focused on harnessing the human immune system to address diseases, particularly cancer and autoimmune disorders. Founded in 2013 and based in Paris, the company specializes in proprietary single-cell technologies that facilitate drug and biomarker discovery and development. HiFiBiO's platform combines extensive biological knowledge with advanced single-cell profiling techniques, allowing for the rapid identification and advancement of antibody drugs. Through partnerships with both industry and academic institutions, HiFiBiO aims to promote open innovation and enhance patient outcomes by unlocking the therapeutic potential of the immune system.

Brattea is a medical device research and development company specializing in renal denervation products aimed at addressing various health conditions, including hypertension, cancer pain, and diabetes. The company develops interventional devices that include renal artery ablation catheters, radiofrequency ablation equipment, and medical mapping systems. These products are designed to treat a range of medical issues, such as refractory hypertension, obstructive sleep apnea, kidney disease, and heart failure. Through its innovative approach, Brattea aims to provide reliable solutions that improve patient outcomes and enhance the quality of care in the medical field.

Shopal is a software solutions provider for offline retailers, primarily focused on the cosmetics industry. Founded in 2017 and based in China, the company offers a mobile app that facilitates communication between store staff and customers. Additionally, it provides a backend platform that supports customer segmentation, sales prediction, and data analytics. Shopal also features a mobile application enabling customers to locate desired products easily. The company is part of a broader initiative to help global brands scale in the Chinese market, particularly in the beauty and wellness sectors, by offering integrated, data-driven services that enhance brand presence and operational efficiency.

Xinwang Microelectronics, also known as ChipON, is a high-tech enterprise specializing in the research and development of reliable and high-quality microcontroller units (MCUs) and digital signal processors (DSPs). The company focuses on 8-bit and 32-bit MCUs based on its proprietary KungFu core architecture. ChipON has successfully launched several products, including KF8F, KF8L, KF8A, KF8TS, KF8S, KF32A, KF32F, KF32L, and KF32LS, catering to professional chip application markets. Additionally, ChipON offers supporting tools such as the ChipON IDE integrated development environment, ChipON PRO programming software, and KungFu Minipro simulation programmer. The company's expertise spans from chip core design to tool development, covering the entire ecosystem with its own intellectual property.

Shanghai Jie Hydrogen Technology is a manufacturing firm that develops and manufactures fuel-cell-related products.

Getech Technology is an innovative developer of an industrial application platform that leverages artificial intelligence and Internet of Things technology. The company specializes in providing industrial internet products and services to manufacturers in China. By integrating artificial intelligence, big data, and cloud computing, Getech Technology enables frontline production engineers to design various logical models and industrial applications. This capability supports the digitization and intelligent upgrading of the manufacturing industry, facilitating enhanced operational efficiency and modernization.

ChangXin Memory Technologies is a Chinese company that specializes in the development, manufacturing, and sales of dynamic random-access memory (DRAM) semiconductor products. It focuses on producing integrated circuits used for data memory and related functions, catering to industry users with low-power data storage solutions. The company is engaged in extensive research and development efforts to enhance its product offerings and maintain competitiveness in the semiconductor sector. Through its commitment to innovation and quality, ChangXin Memory Technologies aims to play a significant role in the global memory market.

Asieris Pharmaceuticals Co. Ltd. is a biotechnology company based in Taizhou, China, founded in 2010. The company is dedicated to the research and development of pharmaceutical products aimed at treating tumors and addressing multidrug-resistant infections. By focusing on oncology and infectious diseases, Asieris Pharmaceuticals seeks to develop innovative therapies that meet the medical needs of patients both in China and globally.

Hengrun is a manufacturer and supplier of intelligent driving electronic products, intelligent network electronic products, body and comfort domain electronic products, chassis control electronic products, and new energy and power system electronic products.

Jianghan New Materials is a producer of silane coupling agents, crosslinking agents, and intermediates. Their products include chlorosilane intermediate and the silane series. alkylsilane, alkoxysilane intermediate, sulfur-containing silane, ami+, phenylsilane,  acyloxysilane, epoxy silane, and vinylsilane

Haiwei Technology is a R&D company of in-vehicle intelligent equipment, with the R&D, sales and service of automotive electronic products.

Shanghai Ruking Technologies is a manufacturer specializing in the research, development, production, and sales of power electronics and motor control systems. The company offers a diverse range of products, including variable frequency drives and system controllers for heating, ventilation, air conditioning, and refrigeration equipment. Additionally, it provides variable frequency drives and controllers for thermal management systems in new energy vehicles, as well as servo drives and servo motors for industrial applications. Through its comprehensive product lineup, Shanghai Ruking Technologies serves various sectors, contributing to advancements in energy efficiency and automation.

REPT BATTERO specializes in the research, development, production, and sales of lithium-ion battery products for electric vehicles (EVs) and energy storage systems (ESS). Its offerings include battery cells, modules, packs, and related services.

JLSemi is a company focused on the development of high-speed Ethernet communication chips, specializing in gigabit Ethernet analog and system-on-chip (SoC) semiconductors. The firm excels in high-speed analog, advanced digital signal processing (DSP), and mixed-signal designs, pushing the boundaries of Ethernet technology. By leveraging innovations in silicon architecture and design along with advanced process nodes, JLSemi delivers products that offer industry-leading performance in terms of range, resilience, and power consumption. Its advanced connectivity solutions cater to various industries, positioning the company as a key player in the fast-speed communication market.

Beijing Delta Medical Co., Ltd. specializes in the design and manufacture of orthopedic surgical instruments and rehabilitation products. The company offers a range of products, including shoulder arthroscopic instruments, various types of suture anchors, instruments for anterior and posterior cruciate ligament reconstruction, interference screws, and shaver systems. In addition to its surgical instruments, Delta Medical provides sports rehabilitation services. The company is headquartered in Beijing, China, and focuses on delivering innovative solutions in sports medicine.

ZJeagles Comsemi specializes in the design and production of optical communication chips tailored for data centers and various industrial applications. The company offers a range of high-speed optical communication VCSEL chips, high-power-density lidar VCSEL chips, and high-efficiency 3D sensing VCSEL chips. These products support advancements in data center optical interconnection, automotive autonomous driving, and intelligent sensing technologies. Additionally, ZJeagles Comsemi develops new LED packaging solutions that cater to smart lighting needs in cockpit environments, consumer electronics, and broader industrial contexts. By providing innovative chip solutions, the company aims to empower industry customers with effective production inputs for enhanced technological applications.

Qingtao Development is a company focused on the manufacture and development of lithium batteries and related industrial equipment, primarily serving the new energy vehicle sector. The firm specializes in producing lithium batteries utilized in electric vehicles, energy storage systems, and various other applications. In addition to battery production, Qingtao Development engages in the research and development of lithium battery materials and automated industrial equipment, aiming to deliver reliable and high-quality energy solutions for the electric car industry.