Group 1 - China Petroleum Capital, established by China Petroleum & Chemical Corporation and China Petroleum & Chemical Group, is actively investing in the primary market as a corporate venture capital (CVC) institution focusing on strategic emerging industries [1][2] - The capital is concentrating on sectors such as new energy, new materials, high-end intelligent manufacturing, big data and artificial intelligence, and biotechnology, aiming to empower invested companies and support the transformation and sustainable development of China Petroleum [1][2][3] - Recent investments include a Pre-A round investment in Zhongke Shenlan Huize New Energy, a solid-state lithium-ion battery manufacturer, and a lead investment in Shenzhen Yingfeiyuan Technology, a digital energy solutions provider [1][2] Group 2 - Since the beginning of the year, China Petroleum Capital has invested in several upstream and downstream enterprises, including Shanghai Hailong Saineng New Materials and Xi'an Lingchong Chuangxiang New Energy Technology [2][3] - China Petroleum Capital was established in July 2018 with a registered capital of 10 billion yuan, focusing on emerging industry investments and fund management [2][3] - The investment strategy includes enhancing the competitiveness of the renewable energy supply chain, developing high-value new materials, and promoting the integration of technology and finance to support the green and high-quality development of the energy and chemical industries [3]
中国石化资本,出手押注新能源赛道!