The Government Work Report for the first time proposed innovating supply chain financial service models.

Panzhihua Municipal State-owned Investment Group, as a traditional local state-owned capital investment and operation platform, has built an industrial internet platform atop real-economy industries while simultaneously improving its offline supporting service system. This enables vertical integration across upstream and downstream links of the industrial chain, horizontal consolidation of industrial resources, efficient matching between supply and demand sides, systemic reconstruction of enterprise credit, and scientific allocation of production factors—thereby empowering the healthy development of real-economy enterprises and leading the upgrading of local distinctive and advantageous industries. The Panzhihua Municipal State-owned Investment Group has launched several industrial internet platforms targeting Panzhihua’s three pillar industries—vanadium-titanium, health & wellness, and modern agriculture—including “Titanium Financing Easy,” the “Healthcare & Elder Care APP,” and “MoNongBang.” The “Titanium Financing Easy” platform achieved transaction volume exceeding RMB 100 million in the first two months of this year, with an annual target of RMB 2.5 billion. Key Investment & Financing Activities: 1) Zhongneng United, a one-stop engineering equipment leasing platform, completed its Series C financing. Zhongneng United, a domestic one-stop engineering equipment leasing platform, announced that its cumulative Series C equity and debt financing exceeded RMB 3 billion. With ten years of industry experience, Zhongneng United began experimenting in September 2014 with new business models and internet technologies to empower the industry. After two years of exploring and validating four distinct business models, it decided in August 2016 to enter the market via self-operated aerial work platform leasing, standardizing, digitizing, and online-ifying operations using internet technology to integrate the entire industrial chain. In the same year, it established a dedicated industrial internet company specializing in engineering equipment leasing. After more than four years of development, the company now operates nationwide across 25 provinces (autonomous regions), four municipalities directly under the central government, and over 300 prefecture-level cities. It has built over 100 warehousing, logistics, and service support centers, offering customers one-stop solutions covering aerial work platforms, cranes, forklifts, and other engineering equipment leasing services, plus logistics support. 2) YouDip, an automotive recycled parts supply chain platform, secured Series A+ financing from NIO Capital. YouDip, an automotive recycled parts supply chain platform, raised Series A+ financing from NIO Capital—its third round of funding within one year, totaling over RMB 100 million. Founded in July 2019, YouDip aims to enhance industry circulation efficiency by building a supply chain platform for automotive recycled parts, a SaaS management platform, and a parts database—serving stakeholders across the value chain including auto recycling and dismantling enterprises, auto parts distributors, and repair shops. Moving forward, YouDip will deepen collaboration with OEMs such as NIO, including: supporting NIO in delivering a closed-loop post-sales lifecycle experience; bolstering NIO’s technical investments and channel integration efforts in vehicle and component circular reuse; and providing comprehensive solutions for pre-owned vehicle reconditioning and parts traceability as NIO expands its used-car business—maximizing owner benefits across the full vehicle lifecycle. 3) Shenzhen Huaqiu, a global one-stop service platform for the electronics supply chain, announced completion of its Series C financing. Shenzhen Huaqiu Electronics Co., Ltd. (“Shenzhen Huaqiu”), a global one-stop service platform for the electronics supply chain, announced completion of its Series C financing. Shenzhen Huaqiu is committed to building a digital service platform for the electronics industry, with strategic initiatives spanning: the “1 Million Engineers Community Platform”—Electronics发烧友 Net (Elecfans.com); “Huaqiu Development,” offering outstanding IoT solution design capabilities; a flexible-manufacturing PCB factory; the PCB e-commerce platform “Huaqiu Circuit”; and the electronic components e-commerce platform “Huaqiu Mall.”

GPLP Investment & Financing:中美瑞康 raised nearly RMB 200 million; YouDip raised over RMB 100 million.

YouDip completed a Series B financing round exceeding RMB 100 million. YouDip, an automotive recycled parts supply chain platform, announced completion of a Series B financing round exceeding RMB 100 million. This round was led by愉悦 Capital, with follow-on investment from NIO Capital. It is understood that proceeds from this financing will primarily fund upgrades to remanufacturing technologies, continued expansion of domestic operations, and entry into overseas markets. Hanfeng Technology completed a Series B financing round exceeding RMB 100 million. Recently, Hanfeng Technology, an Internet-of-Things (IoT) company, announced completion of a Series B financing round exceeding RMB 100 million, led by Walden International, with Haier Capital joining as a new investor. Previously, Hanfeng Technology had secured Series A financing from Jingfeng Mingyuan and Baidu. Sino-US Regenobio raised nearly RMB 200 million in its Series A+ financing. Sino-US Regenobio, a developer of small activating RNA (saRNA) therapeutics, recently completed a Series A+ financing round of nearly RMB 200 million. This round was led by SDIC Venture Capital, with participation from Japanese pharmaceutical multinational Eisai Co., Ltd., Lingcheng Venture Partners, Zhongxin Capital, and Xianghe Chengdao. Miraik completed a Series A financing round nearing RMB 100 million. Miraik, a provider of home fitness equipment, completed a Series A financing round nearing RMB 100 million, with investors including Toutuoshidao Investment Fund and Hougu Investment (financial advisor).

Oil-Dri Corporation Reports Record Fiscal 2026 Results

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Oil-Dri Corporation announced record annual financial results for fiscal year 2026, with a 30.1% stock price increase attributed to its specialty sorbent mineral products.

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