# Chengrui Electric Power

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chengrui-electric-power

- Industry: Energy Storage & Batteries
- Headquarters: Shanghai, China
- Website: www.chengrui-power.com
- Latest round: Series B (May 27, 2025)
- Investors on record: 7

## About

Founded in 2016 and based in Shanghai, China, Chengrui Electric Power specializes in the manufacturing of electrical machinery and equipment. The company has developed proprietary capabilities in frequency conversion, energy storage, and microgrid technologies.  In May 2025, Chengrui raised amount of series B+ funding led by new investor GLP Capital Partners, with participation from other new investors Qingdao Guoxin Venture and Sinovation Ventures.
Chengrui Power focuses on research, manufacturing, sales, and service of products for port and maritime green energy applications. Core offerings include port shore power systems, hybrid and energy recovery devices for port machinery, shipboard shore power systems, marine electrical and automation systems, battery energy storage systems, and electric charging/swapping infrastructure. The company delivers full-lifecycle system solutions tailored to energy efficiency in maritime and port operations.
The company generates revenue from the sales and servicing of shore power systems, hybrid propulsion equipment, and energy storage solutions for maritime and port industries.

## Funding rounds

- Series B, May 27, 2025 — Sinovation Ventures, GLP Capital Partners, Qingdao Guoxin Venture
- Series B, Jun 10, 2022 — Yujun Capital, Qianhai CSSC Equity Investment Fund Management
- Series A, Jan 27, 2021 — Shanghai Dongxi Investment Development, China Development Bank Capital

## Investors

- Shanghai Dongxi Investment Development (https://capitalatlas.ai/funds/shanghai-dongxi-investment-development) — Series A
- China Development Bank Capital — Series A
- Yujun Capital (https://capitalatlas.ai/funds/yujun-capital) — Series B
- Qianhai CSSC Equity Investment Fund Management (https://capitalatlas.ai/funds/qianhai-cssc-equity-investment-fund-management) — Series B
- Sinovation Ventures (https://capitalatlas.ai/funds/sinovation-ventures) — Series B
- GLP Capital Partners (https://capitalatlas.ai/funds/glp-capital-partners) — Series B
- Qingdao Guoxin Venture — Series B