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[Dynamic News] Congratulations on the success of the "Rongbai Technology" Science and Technology Bo

Date: 2019-06-19
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On June 19, 2019, the results of the fifth batch of the science and technology board were released. The company of Silicon Valley Paradise, the parent company of Paradise Silicon Valley, invested in Ningbo Rongbai New Energy Technology Co., Ltd. (hereinafter referred to as “Rongbai Technology”). Successfully met!

As the first batch of enterprises to accept the board, Rongbai Technology has been highly concerned by the market. In addition to the first batch of acceptance of this label, Rongbai Technology is still one of the few companies that have adopted the fourth set of listing standards, that is, the estimated market value is not less than RMB 3 billion, and the operating income in the most recent year is not less than RMB 300 million. yuan. The company plans to raise funds of 1.6 billion yuan to spur the science and technology board, and is also the highest fundraising company among the companies on the 19th.

Founded in 2014, Rongbai Technology is mainly engaged in the research, development, production and sales of cathode materials and precursors for lithium batteries. The main products include NCM523, NCM622, NCM811, NCA and other series of ternary cathode materials and their precursors. The ternary cathode material is mainly used in the manufacture of lithium batteries, and is mainly used in the fields of new energy vehicle power batteries, energy storage equipment and electronic products. Rongbai Technology is committed to becoming the industry's leading new energy materials company. Since its establishment, it has established a product development direction with high energy density and high safety, and enhanced its competitive strength by product differentiation. With its technical advantages in the field of single crystal and high nickel ternary cathode materials, the company has now become the first echelon of the world's ternary cathode materials. Among them, the company's NCM811 products are the first in the world to apply to new energy vehicles, NCM811's product technology and production scale are in a leading position in the world. As a high-tech enterprise, Rongbai Technology has always attached great importance to product research and development and technological innovation. It has reserved a number of in-progress product echelons with broad market prospects to provide a strong guarantee for the subsequent business development. Previously, the company was selected as the “Best Competitive Enterprise List of Core Competitive Industries in 2017” by the China Investment Network. It was listed among the “Top 20 Most Investing Value Enterprises in China in 2018” by Qingke Group, and was jointly released by the Torch Center of the Ministry of Science and Technology and the Great Wall Strategy Consulting. China's 'unicorn' list.

 In 2019, a number of companies invested in Paradise Silicon Valley reported IPOs. At the beginning of the year, Weimeng Group and Binjiang Services were successfully listed on the Hong Kong Stock Exchange. In the first year of the science and technology board, Paradise Silicon Valley has always adhered to the road of specialization, and the deep focus and investment layout in the high-tech field has gradually shown results. In addition to Rongbai Technology, which has successfully met today, the companies invested by ArcSoft Technology and Danghong Technology have become the second and fourth batch of enterprises in the company. Capital is the core driving force for technological innovation. Without capital investment, technological innovation is a passive source of water. Paradise Silicon Valley will continue to uphold the value investment concept of “value creation and incremental sharing” to make the development of the real economy and the construction of a strong country. Deserved contribution.

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