Yiheda, the First B2B Supply Chain Stock on the ChiNext Board, Successfully Listed | Chenkun Family
Release date:
2021-07-23
On July 23, 2021, "Dongguan Yiheda Automation Co., Ltd.," a portfolio company invested in by sub-funds backed by the mother fund managed by Yuanhe Chukun—specifically Hillhouse Capital and Zhongding Capital—successfully listed on the ChiNext Board, with stock code: 301029.
On July 23, 2021, Dongguan Yiheda Automation Co., Ltd. (referred to as "Yiheda," stock code "301029"), a newly listed company on the ChiNext Board, was added to the portfolio of a sub-fund invested in by the flagship fund managed by Yuanhe Chencun Capital and Gaoling Capital, along with Zhongding Capital.
As the first B2B supply chain company listed on the ChiNext board, Yiheda primarily focuses on the R&D, manufacturing, and sales of automation components, while also providing a one-stop supply solution for FA factory automation parts.
Yiheda standardizes the design and classification of automation equipment components based on application scenarios, leveraging standardized processes, product development, supply chain management, and platform-based operations. Driven by information and digitalization, we are committed to delivering high-quality, cost-effective automation components with short lead times to the automation equipment industry.
Since its establishment, Yiheda has embraced the corporate vision of "empowering China's manufacturing through intelligent automation," deeply cultivating the automation equipment industry. Backed by a platform-based approach and driven by information and digitalization, the company fully leverages societal resources to connect upstream and downstream players in the automation sector. Starting with standard-setting and product development, Yiheda follows a platform-driven operational model as its growth strategy, steadily increasing the proportion of standardized, modular, and component-based parts within automation equipment. This initiative enhances the efficiency of automation equipment supply, reduces overall costs, and ultimately fuels technological advancements across the automation industry.
To date, Yiheda has served a total of 40,000 customers and 300,000 engineers, developed 900,000 SKUs, and connected 1,200 factories—steadfastly staying true to its original vision and mission along the way.
Previously, IHRDA had successively secured investments from several renowned domestic institutions, including Hillhouse Capital, Zhongding Capital, and Shenzhen Venture Capital. Notably, Zhongding Capital began investing in IHRDA in 2018 and has since steadily increased its stake, becoming IHRDA's largest institutional investor; meanwhile, Hillhouse Capital made its investment in IHRDA in 2019.
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