Zhongke Qingneng completed nearly 500 million yuan in Pre-A++ round financing

36Kr learned that "Zhongke Qingneng" has completed nearly 500 million yuan in Pre-A++ round of financing. CDH Baifu led the investment, and NIO Capital, Guoxin Fund, and Kunpeng Capital jointly led the investment. Multiple investment institutions such as Hetang Capital, Xiaoyu Capital, Henan Assets, Feituo Venture Capital, and West Lake Venture Capital participated together. The original shareholders, Rongtuo Capital and CGN Capital, continued to increase their investment. Yundao Capital served as the financial advisor for this round of financing. The funds will be mainly used for the R & D and engineering delivery of larger-scale liquid hydrogen systems, the largest nuclear fusion refrigeration system in China, key refrigeration systems for multiple major scientific facilities in China, and the third-generation quantum low-temperature sensing system, as well as the construction of the second-phase manufacturing center.