CHINA MERCHANTS (00133.HK): Invests RMB 45m in Xihe Superconductor
- Tianzheng agreed to invest RMB 45 million in Xihe Superconductor's Series C round and completed the investment on 24 September 2026.
- Founded in June 2022, Xihe Superconductor is a high-tech enterprise engaged in superconducting and cryogenic equipment.
NewTimeSpace News: On 9 October 2026, China Merchants China Direct Investments Limited (stock code: 00133.HK) announced that its wholly-owned subsidiary Shenzhen Tianzheng Investment Co., Ltd. signed a share purchase agreement dated 31 August 2026 and other related agreements in respect of Hefei Xihe Superconductor Technology Co., Ltd., agreeing to invest RMB 45 million in its Series C financing. Tianzheng completed the investment on 24 September 2026.
Founded in June 2022, Xihe Superconductor is a high-tech enterprise engaged in the R&D, manufacture and sale of superconducting and cryogenic equipment for laboratory, industrial and special applications, covering controlled nuclear fusion, high-field research magnets, photovoltaic semiconductors, superconducting magnetic separation and advanced medical care. The Company said the investment will further enrich its information technology portfolio and optimize its investment mix.
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