AGF Monthly | News Regarding AGF’s Portfolios in May

AGF Monthly | News Regarding AGF’s Portfolios in May

AGF as a peer and witness, accompanies entrepreneurs to forge ahead and would like to share with you the brilliant achievements of our investments last month.

PART 01 Enterprises News

  • Atantares and SynMetabio Launches a Strategic Cooperation

Recently, Atantares has reached a strategic cooperation with SynMetabio. They will aim at cutting-edge technological innovation and related market demand, realize upstream and downstream linkage, innovation cooperation and complementary advantages in the field of synthetic biology, and expand new ideas for developing high-value strains and new biomaterials through in-depth cooperation.

  • Enpower Develops New National Standard Semi-solid Battery Products

Enpower successfully launched a variety of semi-solid battery products with energy density of 300-350Wh/kg for the ebike market. These products have won wide acclaim for their high energy density, high rate and low-temperature discharge performance, and achieved mass production.

  • Kingwills? Advanced Materials Debuts at Drupa 2024

On May 28, the highly anticipated quadrennial Drupa Print Fair officially opened at the Düsseldorf International Exhibition Center, brought together elite professionals and leading manufacturers from around the world. Kingwills? Advanced Materials presents a diverse array of exhibits, these samples vividly illustrate Hypak?'s superior printing capabilities and excellent visual performance, as well as outstanding physical properties, including water resistance, dust resistance, and tear resistance. These features making Hypak? not only a breakthrough material in the printing industry but also an ideal choice for expanding into broader industrial applications.

  • ?Sunwoda EVB Debuts at BMW and FAW-Volkswagen Supplier Theme Day

Sunwoda EVB has debuted at BMW Motorcycle and FAW-Volkswagen Supplier Theme Day. SEVB, with its full range of battery solutions, has been fully displayed and attracted the attention of car enterprises. These full-scenario solutions not only meet the demand of high efficiency, environmental protection, safety and reliability in the new energy vehicle market, but also win the users’ recognition for its excellent performance and quality.

  • ACE Battery Debuts at Several International Exhibitions

The prestigious 2024 AMERICA CLEANPOWER, an international clean energy exhibition, grandly opened in Minnesota on May 7, local time. ACE Battery showcased its flagship energy storage products at the global clean energy industry event, demonstrating its innovative capabilities and superior quality in the clean energy sector.

The InterClean Amsterdam 2024, Europe's largest cleaning expo, was held grandly from May 14 to 17 local time in The Netherlands. ACE Battery made a remarkable appearance with its star product, the industrial sweeping machine battery. As a global event for the cleaning and maintenance industry, InterClean attracted much attention from within and outside the industry. ACE Battery, with its high-performing and eco-friendly new energy products, won widespread attention from the onsite audience.

  • BWI Group Ushers Multiple Milestone Breakthroughs

BWI Group's R&D Center in Kraków, Poland, has successfully completed the installation of the roof photovoltaic project and scheduled to begin operations. This project will save 12,032€ annually and reduce the energy procurement cost by 14,500€ annually, which further strengthening the efficiency and sustainability of BWI Group in energy management.

The full-active suspension system production line, in BWI Group’s Zhangjiakou production base, is expected to put into production at the end of 2024, with an annual output of 150,000 sets. The full-active suspension system marks the technological break-through of BWI and ClearMotion, signifies the first truly intelligent full-active suspension product in the world.

BWI Group won the AeroRide? air suspension program of Dongfeng M-Terrain's electric SUV, including the Air Supply Unit (ASU), Gas Tank, Air Spring, etc., and the order amount reached several hundred million yuan.

  • Baoying Gases Releases the <2024 China Medical Oxygen Market Insight and Investment Strategy Analysis Report>

On May 11, Baoying Gases released the <2024 China Medical Oxygen Market Insight and Investment Strategy Analysis Report>. The report has a deep insight into the medical oxygen market in China, and comprehensively and detailly analyzes the development situations and trend forecast of the market, around the market segments, industrial chains, consumer groups and investment strategies etc.

  • Baoying Gases Holds Ceremonies of Pure Ammonia Project and Gas (Hydrogen Energy) Storage and Transportation Center Project in East China

On May 25, Baoying’s first 7N Ultra-pure Ammonia Special Gas Production Center in Nanjing was successfully operated in Nanjing Jiangbei New Area New Materials Science and Technology Park. At the groundbreaking ceremony, the Park and Baoying Gases signed the Gas (Hydrogen Energy) Storage and Transportation Center Project in East China.

  • Babo Debuts at the 2024 Nanjing Paper Expo

On May 15, the 31st Cina International Disposable Paper Expo was grandly opened in Nanjing International Expo Center. As a leader enterprise in bamboo fiber market, BABO attracted many new and old customers getting to know its innovation technology, facilitated business negotiations.

  • AICT is Building the First IRN Application Demonstration Area in the Yangtze River Delta

The Smart Parking Project in Huangyan District, Taizhou, Zhejiang of AITS, a subsidiary of AICT, was officially launched. The implementation of this project will promote the construction of urban intelligent road network, scientifically standardize parking management and improve the city's fine management. Moreover, it laid a solid foundation for building Taizhou into the first IRN Application Demonstration Area in the Yangtze River Delta.

  • Horen Group Initiates the National Standard Revision Project for Auto Parts Logistics Packing

On May 16, Horen Group attended the 2024 Auto Parts Logistics Conference, and together with representatives of FAW Logistics, Changan Automobile, SAIC-Wuling, Celes, Great Wall Motor, Geely etc. co-sponsored the <National Standard Revision Project of Size and Technical Requirements for Auto Parts Plastic Turnover Boxes> (GB/T-3115), which accelerated the security service and helped the standardization, digitalization and sustainability of the supply chain.

  • XCharge Debuts at the Build4Asia

From May 8 to10, XCharge made its debut at Build4Asia with its Smart DC Charger C6 and Ultra-Fast Charger C7, also it’s the first appearance of C7 in Asia.

  • Huitongda Reaches Multiple Strategic Cooperations, the Private Brand Enters the Central Asian Market

On May 27, Huitongda signed a strategic cooperation agreement with Anhui CO·OP Group and Anhui Tea Group in Hefei. On May 29, Huitongda and Zhejiang Mingan Modernhouse Intelligent Technology held the cooperation signing ceremony and the launching ceremony of jointly building a national operation center for green energy industry.

In addition, IDISSA, the first private brand of Huitongda, is going to sold in Kazakhstan and other five Central Asian countries.

  • Leadsynbio Debuts the China Animal Husbandry Expo, and Reaches Strategic Cooperation with AB Agri

On May 18th, Leadsynbio attended the China Animal Husbandry Expo held in Nanchang with its cutting-edge technologies and products of bio-manufacturing. In addition, Leadsynbio built an integrated vertical production base of APIs in Anhui, applied D- ethyl ester to the production of florfenicol, promoted the upgrading of the industrial chain, and comprehensively improved the supply stability.

On the same day, Leadsynbio reached a strategic cooperation with Pumeixin, the core nutrition business of AB Agri China. They are jointly promoting the sustainable development of the animal nutrition industry.

PART 02 Enterprise Honors

  • JJC is Awarded the Science and Technology Innovation Achievement

On May 15, the "2024 Petroleum and Petrochemical Equipment Industry Conference and Expo of Scientific and Technological Innovation Achievements" hosted by CPEIA was successfully held in Xi 'an. In 2024, the list of scientific and technological innovation achievements of new products, technologies and materials was officially announced. JJC hydraulic elevator is awarded the "Outstanding Innovation Achievements of New Products, New Technologies and New Materials" for its unique advantages of high efficiency, enhanced safety and convenience.

  • Sunwoda EVB is Certified from CCS

SEVB 314Ah high energy density battery is awarded the "China Classification Society (CCS) Certificate of Type Approval". SEVB has been deeply involved in R&D and product innovation in electric ships, and has developed excellent performance power battery solutions for electric ships through continuous technological innovation and product iteration.

  • Kingwills? Advanced Materials has been Recognized by the Industry Authority

Recently, JSAST publicized the "Identified Results of the Top10 Scientific and Technological Progress in Jiangsu Province 2023". The Hypak? R&D and Industrialization Project has been selected as the identified results in the "New Materials Chemical Textile" field.?

  • AICT (IICT) Gains Multiple Honors

AICT has been selected as the "2024 China Most Commercial Cooperation Value Enterprise in Intelligent Transportation", which is jointly released by Data Yuan and Shanghai Big Data Alliance.

CCID officially releases the <China AI Development Research Report (2024) >, AICT is placed 24 among the "China Top100 Comprehensive Strength of AI Enterprises".

The People's Government of Hebei Province issues the <Notice on 2023 Hebei Province Identifying Top Talents (Special Skills) >, and Dr. Jun Yan, the Chairman and Chief Innovation Officer of AICT, has been recognized as "2023 Hebei Province Top Talents (Special Skills)".


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