Recently, Zhongke Fuhai, a frontrunner among domestic ultra-low temperature equipment providers, successfully concluded a Pre-IPO equity financing round worth RMB 1 billion. This round was spearheaded by Guoke Capital, an investment arm of the Chinese Academy of Sciences, and saw the participation of central and state-owned enterprises, banks, as well as local industrial investors. Zhongke Fuhai has made significant strides in 2K-20K ultra-low temperature refrigeration technology, establishing a three-tiered technological framework. The company has also provided essential low-temperature system support for strategic emerging sectors, including fusion energy and quantum information.
