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V FUND Portfolio|V FUND Participates in Series C Financing of Multi-hundred Million RMB for HOOSUN,

Author: 2022.04.02 Pv( 226)

 Shanghai Hoosun Intelligence Technology Co., Ltd. ("HOOSUN"), a leading provider of total micro and nano materials solutions in China, has completed C financing round of multi-hundred million yuan led by CCIG and co-invested by V Fund and Greenwoods. The funding will be invested mainly in market expansion and capacity expansion.

HOOSUN      

Founded in 2012 and headquartered in Shanghai, HOOSUN focuses on providing high-end intelligent equipment and intelligent production line integration solutions for global micro and nano materials customers, and has formed a diversified layout in the fields of lithium materials, 5G materials, semiconductors and pharmaceuticals. Currently, the company has an equipment manufacturing base in Taicang and a system manufacturing base in Changzhou.

 The core team of HOOSUN has an average of nearly 20 years of experience in R&D of intelligent equipment and intelligent production line technology, and the R&D team is composed of Chinese and German experts, bringing together top academicians and experts from China and Germany in the fields of mechanical design, intelligent control, Internet of Things technology, new material development and environmental protection and safety. It was selected as one of Shanghai's "Specialized and New" enterprises in 2014 and established the first academician expert workstation in the process industry in China in 2016, and is one of the first 150 innovative enterprises to be mainly cultivated in Shanghai.

 HOOSUN is the only company in China that has mastered the core technology of dispersion and grinding of nanomaterials below 50nm through physical methods, realizing the processing path of high-efficiency, high-purity and low-cost industrialization of nanomaterials. With the equipment-process-formulation of nano-materials preparation, SOOHUN has helped industry customers to transform from laboratory "samples" to industrial "products". Focusing on the core technology of the "vital" materials, SOOHUN has been able to penetrate into the key fields of lithium ternary high nickel, lithium iron phosphate, silicon carbon anode, conductive paste, CMP polishing liquid, 5G ceramic powder material and digital ink through the combination of three core businesses: high-end equipment R&D and manufacturing, intelligent production line solutions and production line intelligent control system. In 2021, the company's performance will reach an turning point and it is expected to become a "hidden champion" in the global process industry.

 At present, HOOSUN has successfully launched a number of high-end equipment, such as online dispersion equipment, nano-milling equipment, intelligent dosing system and powder conveying system, etc. Many products are the first breakthrough in China, with independent intellectual property rights and international leading product performance. The 3F (Fast, Flexible, Future) factory model has been introduced into the German industrial thinking, allowing enterprises to better adapt to the trend of Industry 4.0 intelligent production and enhance future competitiveness. The intelligent control system i-Neuron® developed by HOOSUN Intelligence is the first MES system applied to lithium materials in China, meeting the latest German MTP industrial standards. The core equipment and self-researched MES software system owned by HOOSUN

promote process optimization and intelligence, making good quality consistency, visualization of process control equipment, efficient recipe management and fast production changeover a reality.

 Mr. Li Yuanlin, Founder and CEO of HOOSUN, said, "In the future, HOOSUN will focus on the users of micro and nano materials, increase investment in R&D, achieve domestic substitution of new materials by solving the key technologies of core equipment and process path of material processing, and strive to become a global leader in micro and nano technology."

 Mr. Zhu Feng, co-founding partner of V Fund, said, "China's micro and nano materials market has a broad prospect, and key segments such as lithium materials are experiencing structural explosive growth, which has an urgent demand for the localization, high-end, automation and intelligence of key equipment in complex processes. HOOSUN is a scarce equipment and system-level solution provider in the domestic new materials industry, with the ability to design and optimize intelligent production lines. V Fund has a long term focus on new energy, new materials and intelligent manufacturing, and is honored to work with the experienced company management team, which will further empower the company's future expansion in the field of lithium and other new materials. We believe that the company will continue to cultivate the new materials industry and grow into a world-class 'hidden champion' in micro and nano materials technology."