# Xinjiang Huayi New Energy Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xinjiang-huayi-new-energy-technology-co

- Industry: Heating, Cooling & Ventilation Equipment and Services
- Headquarters: Urumqi, China
- Website: www.xjhne.com
- Latest round: Series B (Sep 28, 2023)
- Investors on record: 10

## About

Established in 2017 and based in Wulumuqi, China, Xinjiang Huayi New Energy Technology Co., Ltd. operates as an environmental service provider that focuses on green energy-saving air conditioning equipment R&D. As of 2023, the company has more than 300 employees. In 2017, its project the mechanical refrigeration backup was implemented and rewarded as the "best energy-saving project award" and "best energy-saving product award" of China Communications Enterprise Association. Li Zhou, the chairman of the company, has over 20 years of experience in the IDC equipment industry and once served as a senior executive of Huada Power Supply and Enos Power Supply. The company was rewarded as "the provincial recognized enterprise technology center" in 2020. In September 2023, it closed series B funding led by GP Capital, with participation from Beijing Richarmony Investment Management, China Capital Management, HES Technology Group Co., Ltd., Hongshan Fund, Shanshan Venture Capital, Xinjiang Yingzhen Fund Management, Ying Capital, Zhongtai Venture Capital(Shenzhen)Co., Ltd. and Fresh Capital.

The company provides green energy-saving air conditioning equipment and data center construction using evaporative cooling and AI intelligent control technologies for many fields, such as communication machine rooms, commercial buildings and industrial plants. Its products include evaporative cooling water chiller, MAU products, micro module series and chilled water terminal series. 

The company will deploy capacity in Guangdong and Beijing.

## Funding rounds

- Series B, Sep 28, 2023 — GP Capital, Ying Capital, China Capital Management, Fresh Capital, Hongshan Fund, Beijing Richarmony Investment Management, Shanshan Venture Capital, HES Technology Group Co., Ltd., Xinjiang Yingzhen Fund Management, Zhongtai Venture Capital
- Series A, Jul 7, 2022 — Fresh Capital

## Investors

- Fresh Capital (https://capitalatlas.ai/funds/fresh-capital) — Series A, Series B
- GP Capital (https://capitalatlas.ai/funds/gp-capital) — Series B
- Ying Capital (https://capitalatlas.ai/funds/ying-capital) — Series B
- China Capital Management (https://capitalatlas.ai/funds/china-capital-management) — Series B
- Hongshan Fund (https://capitalatlas.ai/funds/hongshan-fund) — Series B
- Beijing Richarmony Investment Management — Series B
- Shanshan Venture Capital (https://capitalatlas.ai/funds/shanshan-venture-capital) — Series B
- HES Technology Group Co., Ltd. — Series B
- Xinjiang Yingzhen Fund Management — Series B
- Zhongtai Venture Capital — Series B