Recently, ADDOR CAPITAL led the investment in tens of millions of yuan in Series A financing of YINGJIA POWER Technology Wuxi Co., Ltd. (hereinafter referred to as "YINGJIA POWER"). Funds from this round of financing will be used for YINGJIA POWER’s R&D investment and team expansion in fuel cell hydrogen injection cycle system components and dual-fuel direct injection systems to further enhance the company’s product competitiveness.
YINGJIA POWER was established in 2018 and is committed to the research, development, production and sales of clean energy and new energy injection system products. The company's main products are hydrogen circulation system products and high-pressure natural gas direct injection products. Among them, hydrogen circulation system products have been the first to pass market verification and are used in batches in hydrogen fuel cell systems such as vehicles, ships, aviation, drones, combined heat and power generation, etc. Some valves can be used for hydrogen production, hydrogen storage, hydrogen transportation, and hydrogenation. and other equipment; high-pressure natural gas direct injection products, including dual fuel injectors, common rail pipe components, pressure regulating valves, cryogenic pumps, etc., are used in National VI and National VII natural gas in-cylinder direct injection engine systems, and have cooperated with many domestic partners Jointly developed and verified by various OEMs.
The company's independently developed fuel cell hydrogen injection cycle system components and natural gas dual-fuel direct injection system products have filled the domestic gap. At present, the company has many stable cooperative customers, including the country's largest diesel engine company Cummins, Honda, Dongfeng Commercial Vehicles, Yuchai, Yihuatong, Guohong, Guohydrogen Technology, Weifu Hi-Tech, Ordnance Industry Group, Weichai and other well-known company. In the future, YINGJIA POWER will continue to iterate and expand its product line, expanding from hydrogen injectors to other high-end hydrogen valve products. At the same time, it will accelerate the research and development of dual-fuel direct injection systems to achieve domestic substitution.
Dr. Zhang Jianming, the founder of the company, is a senior expert in the field of high-pressure common rail systems and high-end valves. He has more than 10 years of industry experience. He currently leads the team to innovatively develop hydrogen injectors and dual-fuel direct injection systems. Zhang Jianming said that hydrogen fuel cells are in the early stages of development. As the overall cost of the fuel cell industry chain declines, the industry will grow steadily. The company's hydrogen injector products use jet diversion and bypass technology to operate without the use of circulation pumps. , capable of replenishing new hydrogen and circulating hydrogen, ultimately achieving cost reduction and efficiency improvement. At the same time, the company is developing a high-pressure natural gas direct injection system (HPGDIS). The product uses precise injection technology to ignite natural gas with a trace amount of diesel to achieve clean emissions and improved power. The engine thermal efficiency is increased to 54% and CO₂ emissions are reduced by 20%. %, PM emissions have been reduced by 80%, and NoX has been reduced by 60%, easily meeting the requirements of National VIB emission standards, and making full preparations for the implementation of higher emission standards in the future.
Yuan Yaguang, a partner of ADDOR CAPITAL, said that new energy is a key track for ADDOR CAPITAL’s long-term development and layout, and YINGJIA POWER is another investment layout of ADDOR CAPITAL in the hydrogen energy segment. The founding team of YINGJIA POWER has been deeply involved in the industry for many years and has rich experience in the research and development of high-pressure common rail system machines and high-end valve products. Currently, the company is based on the core components of hydrogen fuel cell BOP. In the future, with the release of dual-fuel direct injection system products, the company's Growth will be further opened up. It is expected that after this round of financing, YINGJIA POWER will increase investment in research and development, continue to iterate, provide customers with advanced and mature green, intelligent, and efficient power solutions, and provide more technological assistance for the efficient development of the industry.
