Zhongchuang Zhiling expands through private equity, new subsidiary

Zhongchuang Zhiling (Zhengzhou) Industrial Technology Group Co., Ltd. is set to invest in the Henan Hongkai Equity Investment Fund Partnership by acquiring a zero-cost transfer of limited partnership shares. The company will contribute 20,200 yuan to the fund, representing 25.0935% of its total committed capital. This is a related-party transaction, as Henan Asset Management is a key partner and a subsidiary of Zhongchuang Zhiling’s controlling shareholder.

Concurrently, Zhongchuang Zhiling’s subsidiary, Asimco Industrial Technology (Nanjing) Co., Ltd., will establish a wholly-owned subsidiary, Asimco Thermal Management Technology (Yizheng) Co., Ltd., with a registered capital of 270m yuan. This new entity aims to bolster Asimco’s market competitiveness in automotive thermal management cold plate systems and expand into new application areas, funded by Asimco Nanjing’s own capital and internal loans.

Both initiatives are strategic for the company's long-term growth and are expected to enhance its investment returns and operational capabilities. The private equity fund targets investments in Superfusion Digital Technology Co., Ltd.