Chint Electric invierte en Hengxu Capital

Investing Network — Decoding LP learned that recently, Zhengtai Electric issued an announcement. Its controlling subsidiary, Taizhou New Energy, plans to jointly sign the “Hangzhou Yijin Equity Investment Partnership Agreement (Limited Partnership)” (hereinafter referred to as the “Partnership Agreement”) with Hangzhou High-tech Venture Capital Co., Ltd., Wenzhou State-owned Financial Capital Management Co., Ltd., Shanghai SAIC Chuangyuan Venture Capital Partnership (Limited Partnership), Taizhou KeTou Lingchuang Equity Investment Partnership (Limited Partnership), Shanghai Hengxu Chuangling Private Fund Management Co., Ltd., and Shanghai Hengyiha0 Management Consulting Partnership (Limited Partnership). Taizhou New Energy is a wholly owned subsidiary of the company’s controlling subsidiary, Zhengtai Aneng Digital Energy (Zhejiang) Co., Ltd. (hereinafter referred to as “Zhengtai Aneng”). It intends to contribute 90M yuan from its own fundraising funds to participate in the investment and establishment of the Yijin Equity Investment Fund. The fund’s fund-raising size is 500 million yuan. The fund manager is Hengxu Capital.

The investment objective of the partnership enterprise is to make equity investments in the investee, investments related to equity, and investments permitted by applicable laws, to obtain good returns for the partners from capital gains.

By acquiring equity or other equity-type investment methods that comply with relevant laws and regulations, the partnership enterprise acquires investee assets held and operated as the entity for owning and operating household distributed photovoltaic power station projects that are directly or indirectly wholly owned by Zhengtai Aneng Digital Energy (Zhejiang) Co., Ltd.

According to its official website, Zhengtai Electric is a low-voltage electrical appliance manufacturer. The company mainly engages in the R&D, production, and sales of five categories of low-voltage electrical products: distribution electrical appliances, terminal electrical appliances, control electrical appliances, power supply electrical appliances, and electronic electrical appliances.

According to its official website, Hengxu Capital was established in 2019. It is a market-oriented investment institution supported by a strong industrial background. Its equity investment focuses on investment opportunities that meet requirements for national industrial transformation and new-quality productive forces, such as hard technology and healthy consumption. It pays attention to five investment themes: factor innovation, product upgrading, technology spillover, disruptive innovation, and population change. In the asset acquisition and merger & acquisition segment, it mainly focuses on high-quality assets in new-energy infrastructure fields such as wind/solar storage and charging, and is committed to creating continuous and stable returns for investors.