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Recently, Shanghai LifenGas Co., Ltd. (hereinafter referred to as the "LifenGas") completed a new round of RMB 100 million in financing. The investor in this round is the NVC Capital,and Taihe Capital served as the exclusive financial advisor for this round of financing. Just a month ago, LifenGas announced the completion of strategic financing from China Power Fund. In the past two years, LifenGas has completed several rounds of financing and has been supported and recognized by various investors such as industrial capital, state-owned investment platforms, and private equityfirms.
President's Speech
Mike Zhang, the founder and chairman of LifenGas, said: "The NVC Capital is a leading domestic equity investment institution and an important platform for national strategic emerging industry investment. It has extensive involvement in hard technology industries such as semiconductors, new materials, and advanced manufacturing. This investment in LifenGas will help us accelerate our development in markets such as semiconductors, new materials, and advanced manufacturing, while also helping us deepen cooperation with major central and state-owned enterprises. LifenGas is grateful to NVC Capital and all shareholders for their support and trust. We will continue to move forward firmly, maintain our innovation efforts, create value for customers, and make greater contributions to the development of a green and low-carbon economy."
The NVC Capital strongly endorsed LifenGas's recycling technology, stating: "Industrial gases and wet electronic chemicals are fundamental raw materials for modern industry and the electronic information sector. LifenGas employs advanced recycling technology to convert exhaust gas and waste liquid into valuable reusable resources, delivering significant economic benefits. This directly addresses customers' needs for cost reduction, efficiency improvement, and environmental protection while creating value for both customers and society. LifenGas's core team, with its background in major international gas enterprises, demonstrates strong technical expertise, primary R&D capabilities, and continuous innovation potential. The company's product performance has earned high recognition from downstream customers, indicating substantial room for future development.
LifenGas, established in 2015, has pioneered an electronic material recycling model that delivers significant cost reductions and supply chain stability to its customers. The company has evolved into a leading enterprise with a highly differentiated recycling approach. Through diversified strategic positioning, it has gradually established long-term partnerships with major state-owned enterprises. Despite an environment filled with uncertainty, LifenGas has achieved counter-cyclical growth and is steadily progressing toward becoming a platform enterprise specializing in electronic gases and wet electronic chemicals recycling.
Post time: Dec-12-2024
