Recently, Sinopec Capital completed its Pre-A round investment in Hytzer Energy Co., Ltd

Hytzer Energy Co., Ltd. inherits its technology from the research team led by Cui Guanglei at the Qingdao Institute of Bioenergy and Process Research, Chinese Academy of Sciences (QIBPR). With 18 years of dedicated work in solid-state batteries, the team has achieved an international breakthrough by pioneering the development of a novel solid-state battery electrolyte material and process, characterized by its coupling of hardness with softness and in-situ curing. To date, they have successfully developed four generations of solid-state battery systems with varying energy densities. They have also established the world's first large-scale pilot production line for polymer all-solid-state batteries. These batteries have undergone rigorous long-term reliability testing in deep sea, deep space, large-scale energy storage, and new energy vehicle applications.

The investment in Hytzer Energy is a specific practice for Sinopec Capital to further concentrate on forward-looking and strategic emerging industries, and to act as "long-term capital," "patient capital," and "strategic capital." In the future, Sinopec Capital and Hytzer Energy will each leverage their industrial resources and technical advantages to strengthen industrial cooperation, jointly promote the application and commercialization of high-performance solid-state battery products, and lead the high-quality development of the solid-state battery industry.