Recently, ChinaAMC Capital, ChinaAMC Venture Capital and ChinaAMC Guarantee have leveraged their business synergy advantages to complete the investment settlement of Yuefeng Technology Co., LTD., an enterprise in the new energy vehicle industry chain, through the jointly initiated and established investment-guarantee linkage fund. They have joined hands with Anchao Economic Development Zone to facilitate the establishment of a new production base project for automotive lightweight aluminum alloy materials in Hefei through the "investment-introduction linkage" approach.
The project covers an area of 60 mu and will be constructed in two phases. Once fully operational, it is expected to generate an annual revenue of no less than 1.4 billion yuan and an annual tax revenue of no less than 50 million yuan, which will add impetus to the development of the new energy vehicle industry cluster in Hefei.
During the project implementation process, ChinaAMC Capital, ChinaAMC Venture Capital and ChinaAMC Guarantee tailored a comprehensive financing plan of "equity and bond linkage" for Yuefeng Technology, precisely matching the company's R&D and expansion needs. At present, the follow-up debt financing connection work for enterprises is being accelerated, continuously providing all-round financial support for the project's implementation and development.
Yuefeng Technology was established in March 1989. It is a national high-tech enterprise specializing in high-end lightweight technologies such as high-performance alloy material design, vehicle lightweight design, and aluminum alloy one-piece hot stamping technology. Its technologies have been widely applied in multiple scenarios including new energy vehicles, eVTOL unmanned aircraft, and white goods. It has received recognition and support from several leading companies in the industry, including Li Auto, Seres, Geely Auto, XPeng Huitian, and General Motors. Focusing on the field of new energy vehicles, in 2023, the company innovatively launched its first lightweight solution for precision automotive parts - the integrated hot stamping technology of aluminum alloy. Compared with traditional solutions, the product performance has been significantly improved, and the comprehensive cost has been saved by more than 30%, making it highly competitive in the market. Targeting the low-altitude economy sector, the company provides cost-effective and high-strength aluminum hot stamping solutions for customers in fields such as eVTOL (Electric Vertical Take-off and Landing Aircraft), unmanned aerial vehicles, and spacecraft. It is the world's first enterprise to mass-produce and apply the "7-series aluminum hot stamping technology" to the low-altitude field.
It is understood that the funds raised by Yuefeng Technology in this round will mainly be used for the construction of a new production base for automotive lightweight aluminum alloy materials in Anchao Economic Development Zone and subsequent market expansion. This cooperation is another beneficial practice of Huaxia Holdings in serving the development of local key industries through the "investment and introduction linkage" approach, injecting innovative impetus into Hefei's layout of the dual tracks of new energy vehicles and low-altitude economy.