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Sunwoda Joins Forces with Hefei State Capital to Launch ¥110M Battery and Energy Storage Joint Venture

published: 2026-02-24 14:28

Recently, Hefei Hongchu Technology Co., Ltd., jointly held by entities including Hefei Renchuang Phase IV Venture Capital Partnership (Limited Partnership) and Sunwoda Power Technology Co., Ltd., was officially established with a registered capital reaching 110 million yuan.

The company's business scope encompasses: battery manufacturing; battery sales; promotion services for new material technologies; production of battery spare parts; energy storage technology services; and contract energy management, among other areas.

Equity penetration data from the corporate query platform Qichacha shows that Hefei Renchuang Phase IV Venture Capital Partnership (Limited Partnership) holds a 54.55% stake, Hefei Renchuang Venture Capital Partnership (Limited Partnership) holds an 18.18% stake, and Sunwoda Power holds a 27.27% stake.

Relevant information indicates that these two "Renchuang" series funds are actually backed by platforms led by two heavyweight state-owned capital entities affiliated with Hefei City: Hefei Industry Investment Holding Group (Hefei Industry Investment) and Hefei Construction Investment Holding Group (Hefei Construction Investment).

The entry of state-backed capital such as Hefei Renchuang not only provides a solid financial guarantee for Hefei Hongchu Technology, but also creates a more advantageous development environment for its subsequent supply chain resource integration, project implementation, and policy alignment.

Source:EnergyTrend

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