The first batch of companies listed under the registration-based system on the ChiNext Board—Yuanhe Chencun successfully secured investments in 3 of them.
Release date:
2020-08-24
On August 24, 2020, the ChiNext board marked a historic milestone as the first batch of 18 companies listed under the registration-based system. Among these initial 18 companies, three were portfolio investments managed by Yuanhe Chencun’s fund-of-funds.
On August 24, 2020, the ChiNext board marked a historic milestone as the first batch of 18 companies officially listed under the registration-based system.
Among the first 18 companies listed, three are portfolio companies invested in by Yuanhe Chencun Management’s fund-of-funds: Yangling Meichang New Materials Co., Ltd. (referred to as "Meichang Shares"), Jiangsu Haichen Logistics Co., Ltd. (referred to as "Haichen Logistics"), and Anker Innovation Technology Co., Ltd. (referred to as "Anker Innovation").
Meichang Shares is a new materials enterprise dedicated to the research, development, production, and sales of diamond tools and related industrial-chain materials and products. The company’s micrometer-level diamond wire project has been designated as a major provincial project in Shaanxi Province under the national “13th Five-Year” Plan, and it has already established production capacity for 24 million kilometers of micrometer-grade electroplated diamond wire annually.
As an operator and manager of supply chain solutions for the consumer electronics industry, Haichen Logistics primarily provides global technology manufacturers with integrated logistics services that combine transportation, warehousing, customs clearance, and other value-added services.
Anker Innovations focuses on the design, research & development, and consumer sales of smart accessories and intelligent hardware. The company has successfully established the Anker smart charging brand and has since launched several proprietary brands, including Soundcore, eufy, and Nebula, further expanding its business into exciting new areas. Anker now excels in sectors such as AIoT, smart home solutions, intelligent acoustics, and smart security systems.
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