THINKRE

The domestic proton exchange membrane material leading enterprise - Kerun New materials successfully completed the 100 million yuan series B financing led by Lianhong Group

Date:

2024-04-06 17:24

Recently, the domestic proton exchange membrane material head enterprise - Suzhou Kerun New Materials Co., Ltd. reached a strategic investment agreement of B billion yuan with Lianhong Group Co., Ltd. and successfully completed the B round of strategic financing.

Proton exchange membrane is the core material of vanadium flow energy storage battery and hydrogen fuel cell, and is the "heart" of realizing efficient energy storage and driving hydrogen fuel cell vehicles. Affected by a variety of factors, China's proton membrane has been "stuck" by foreign countries for a long time: in the field of vanadium flow energy storage, we can only choose the proton membrane products of the United States DuPont, and in the field of hydrogen fuel cells, we can only choose the products of the United States Gore. In the face of core materials being "stuck", domestic enterprises can only "look at the ocean and sigh" and feel helpless.

After more than ten years of scientific research, the company has solved the "bottleneck" core membrane material problem in the field of vanadium flow energy storage batteries and hydrogen fuel cells in China, achieved domestic autonomy of perfluorosulfonic acid proton membrane, and has become the only enterprise capable of mass production and supply of perfluoroproton exchange membrane for vanadium flow batteries in China. It is also one of the only two enterprises in China that can mass-produce proton exchange membranes for hydrogen fuel cells.

As the core material of domestic flow energy storage and hydrogen energy industry chain - proton membrane production enterprises, the next five years our company is expected to form 5 million square meters of proton exchange membrane production capacity, in order to achieve this goal, the company needs to further increase research and development investment and rapid expansion of production capacity, accelerate the construction of new production base and Suzhou headquarters base, and actively promote the "go up" strategy. Increase upstream research and development of new molecular structural materials.

Lianhong Group has rich experience in the operation of the new materials industry, and is actively laying out several subdivisions in the new materials sector. Based on the principles of complementary advantages, win-win cooperation and mutual coordination, the two sides successfully reached strategic investment cooperation. This investment not only enriches the investment territory of Lianhong Group in the new materials hydrogen energy sector; It also further supplements the cash flow of Kerun New Materials, which is conducive to accelerating the construction of the company's current three proton membrane bases in flow batteries, hydrogen fuel cells, and electrolytic water hydrogen production, and expanding its market share; It is more conducive for the company to cooperate with Lianhong Group in the development and industrialization of upstream new molecular structural materials.

Lianhong Group Co., Ltd. was founded in 2010, the company registered capital of 2.3 billion yuan, the existing employees of more than 3600 people, currently has Lianhong New Materials Technology Co., LTD., Tengzhou Guo Zhuang Mining Co., LTD., Jiangxi Academy of Science Biological New Materials Co., LTD and other subsidiaries. As the most important asset of Lianhong Group, Lianhong New Materials Technology Co., Ltd. is the main enterprise of Chinese Academy of Sciences and Legend Holding system in the new materials sector, focusing on the research and development, production and sales of new materials products, is a high-tech enterprise and a national "green factory", and has been listed on the "Top 100 Private Enterprises of China Petroleum and Chemical Industry" for many years. The company was listed on the Shenzhen Stock Exchange on December 8, 2020 with the stock code "003022". In 2020, Lianhong Xinke achieved operating income of 5.931 billion yuan, and net profit attributable to shareholders of listed companies was 641 million yuan, an increase of 20.46% year-on-year, and both operating income and profit levels reached a record high since the establishment of the company.