The venture capital group's cooperative sub-fund has invested in the company Aike Saibo, which is listed on the Sci-Tech Innovation Board.

On September 28, 2023, the Nanjing Innovation Investment Group's cooperative sub-fund - Shenzhen Dacheng Chuanghong Private Equity Investment Enterprise (Limited Partnership) (referred to as "Dacheng Chuanghong Fund") invested in the company - Xi'an Aike Saibo Electric Co., Ltd. (hereinafter referred to as "Aike Saibo") for its listing on the Sci-Tech Innovation Board (688719).

The Dacheng Chuanghong Fund was established in August 2020, with a fund size of 6.944 billion yuan. The Hexi Mother Fund, managed by the Nanjing Innovation Investment Group, contributed 100 million yuan. The fund manager, Shenzhen Dacheng Caizhi Venture Capital Management Co., Ltd., focuses on investments in information technology, intelligent manufacturing, energy conservation and environmental protection, medical health, military industry, and other fields. As of now, the Dacheng Chuanghong Fund has invested in 115 projects, of which 3 projects have been listed, 4 projects have passed the IPO review, 7 projects have been reported for review, and more than 20 companies are preparing to apply for IPO. The Dacheng Chuanghong Fund invested in Aike Saibo in November 2021, empowering the company in resource connection, financial services, and other aspects to support its development.

Aike Saibo is deeply engaged in the field of power electronics, continuously researching and developing new technologies, products, and expanding new application areas based on power electronic conversion and control technology. It has built three major technology platforms: high-density power conversion technology, high-precision intelligent control technology, and product support technology, creating a competitive hardware and software product platform to support the rapid development of its main business. The company has consistently adhered to an independent research and development route for many years, with several key technical performance indicators based on the three major technology platforms reaching or exceeding those of similar products from domestic and foreign peers. Its key technology for power quality control won the "National Science and Technology Progress Second Prize" in 2011, the key technology for special power supplies won the "National Science and Technology Progress Second Prize" in 2015, and the key technology for testing power supplies was certified by the China Power Supply Society in 2022 to have reached an "international advanced" level.

Source: Fund Department Shao Yifu

Reviewed by: Xue Yao

Published by: You Yi