Chaoci New Energy Secures Hundreds of Millions in Financing to Drive the Development of the Controllable Nuclear Fusion High-Field Magnet Track

Recently, SuperMag New Energy (Shanghai) Technology Co., Ltd. (hereinafter referred to as "SuperMag New Energy") officially announced the completion of hundreds of millions of yuan in angel-round financing. This round of financing was led by Dingfeng Kechuang, with participation from multiple well-known institutions such as Zhongke Chuangxing, Northern Light Venture Capital, Yaotu Capital, GF Xinde Investment, and Yidian Capital.

SuperMag New Energy, driven by both "technology and capital", is becoming a leading player in the field of high-field magnets for controllable nuclear fusion. It is committed to developing the world's first large-size high-temperature superconducting high-field magnet system for controllable nuclear fusion, and contributing core strength to the rapid commercialization of magnetic confinement controllable nuclear fusion.

I. Core Technology: Focus on High-Temperature Superconducting High-Field Magnets

The core team of SuperMag New Energy has long been dedicated to the research and development of high-temperature superconducting high-field magnets. As a "heart-level" core component of controllable nuclear fusion, high-temperature superconducting magnets have outstanding advantages in terms of magnetic field strength, structural compactness, and system efficiency. SuperMag New Energy will achieve a breakthrough in magnet field strength in the field of controllable nuclear fusion with its top-notch technology, creating a stable, efficient, and compact "magnetic cage" for controllable nuclear fusion, significantly reducing the construction cost of controllable nuclear fusion, and clearing key obstacles for the commercialization of controllable nuclear fusion energy.

II. Technological Accumulation: Gathering Top-Notch Resources

SuperMag New Energy was incubated by the Shanghai Haitong International Center and the Beijing Haichuang Industry and Research Institute led by Academician Ding Hong, and has rapidly grown and expanded. The company has gathered an academician-level support team. At the same time, it has continuously strengthened its talent pool, attracting technical and management talents from top global enterprises and universities. It has also continuously strengthened its patent layout and currently holds multiple invention patents for high-temperature superconductivity, continuously strengthening its technological leading edge in high-temperature superconducting high-field magnets for magnetic confinement controllable nuclear fusion.

III. Core Executives: Building a Collaborative System of "Beijing as the Pioneer - Shanghai as the Main Body"

Wang Chao, the founder, chairman, and CEO of SuperMag New Energy, graduated from the Institute of Electrical Engineering of the Chinese Academy of Sciences and has long been engaged in research and industrialization related to superconducting magnets. His professional experience spans the industrialization practice of superconducting magnets in international giant enterprises and the overall operation and management of domestic listed companies. With a profound technical background and comprehensive operation and management experience, and driven by his original intention and enthusiasm for high-temperature superconducting magnets, he will lead SuperMag New Energy to develop rapidly in the field of controllable nuclear fusion.

In April 2024, SuperMag New Energy established a cutting-edge innovation center and an engineering incubation base in Beijing. In May 2025, the company successfully expanded its development territory to Shanghai. Under the strategic leadership of founder Wang Chao, SuperMag New Energy is building a new development pattern of dual-wheel drive centered around "Beijing as the pioneer" and "Shanghai as the main body".

IV. Development Vision: Becoming the Global Leader in Complete Solutions for High-Temperature Superconducting High-Field Magnets for Controllable Nuclear Fusion

SuperMag New Energy aims to become the global leader in complete solutions for high-temperature superconducting high-field magnets for controllable nuclear fusion. The completion of this round of financing will further accelerate the company's progress in key technology research and development, engineering prototype verification, and industrial layout, helping China to take the lead in the global energy revolution.