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Thinkre Group Secures Another RMB 120 Million in Funding
Date：
2025-10-24 15:04
Recently, Suzhou Thinkre™ Group completed the closing of its latest round of financing, securing an additional investment of approximately RMB 120 million. This C++ round was led by existing investor BAIC Capital, with participation from other prominent investment firms including Zhejiang Merchants Investment, China Huaneng Changcheng Changfu, and Yinlian Jingwei. Additionally, several returning investors such as Yutong Group, Junshan Capital, and Huiqi Investment also increased their stakes in this round.
The company is one of the leading domestic enterprises specializing in proton exchange membrane materials. It was also the first in China to achieve mass production of proton exchange membranes tailored for flow batteries. Since 2015, when the company’s third-generation production line began scaling up the commercial production of proton membranes, it has steadily grown alongside the industry's development. Notably, starting from 2021, the company’s proton membranes have played a pivotal role in domestically replacing imported components in China’s first large-scale, hundred-megawatt-level all-vanadium flow energy storage project—the Dalian Hengliu Energy Storage Power Station. To date, over 70% of MW-class and larger flow battery projects across China have adopted Keren proton exchange membranes. Currently, the company ranks first in China in terms of shipment value delivered within the flow energy storage sector. Additionally, it holds the top position nationwide for both cumulative shipments and total sales revenue of domestically produced perfluorosulfonic acid proton exchange membranes over the past three years.
The company remains fully committed and has focused exclusively on "one key mission" for over a decade: driving the industrialization of core membrane materials for "flow battery energy storage + hydrogen energy." Over the past ten years, the company has successfully established a comprehensive, vertically integrated industrial chain spanning "fluorine monomer production—resin synthesis—membrane fabrication—and testing & application development." This achievement marks the successful domestication of perfluorosulfonic acid proton membranes, starting from resin materials, thereby providing critical support for the growth of China's flow battery energy storage and hydrogen energy industries. (Photo/Editor: Huang Jiujiu)
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About THINKRE™
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Thinkre™ Group Headquarter:
Add:NO.5999 Pangdong Road,Wuiiang economic development
district,Suzhou. China.
Tel: 0512-63702739
Sales : info@bestpem.com
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