Anhui Shengshui New Vitality Experience Co., Ltd. (Shengshui Tech) launched on March 5, 2026, the completion of a Assortment A funding spherical exceeding RMB 100 million (roughly USD 13.7 million). The spherical was led by NIO Capital, with participation from Lenovo Capital, Zhongan Capital, and follow-on funding from Hefei Innovation Enterprise Capital. Yundao Capital served as a result of the distinctive financial advisor.
Based mostly in 2019 and headquartered in Hefei, Anhui Province, Shengshui Tech focuses on very important provides and core components for hydrogen energy, specializing in PEM and AEM water electrolysis for inexperienced hydrogen manufacturing. The company has constructed a totally built-in R&D system defending catalysts, proton alternate membranes, and membrane electrode assemblies (MEAs).
Key technological advances embody the mass manufacturing of 50μm membrane electrode assemblies and development of 25μm ultra-thin membranes. Its low-iridium catalyst SS-IrTi-4001 reduces iridium loading to beneath 0.6mg/cm². The company’s fourth-generation oxygen-in-hydrogen administration know-how permits safe operation with H₂ in O₂ focus beneath 0.3% and current effectivity exceeding 97%.
CEO Wang Xinlei holds a Ph.D. in Vitality Vitality from USTC, with the core technical workers drawing expertise from USTC and the Chinese language language Academy of Sciences. Shengshui Tech has partnered with tons of of residence and worldwide customers, along with Fortune 500 companies, defending most PEM electrolyzer shoppers in China. It has delivered over 40,000 MEA components and plans to find out a tens-of-megawatt inexperienced hydrogen manufacturing facility in 2026.
Revenue approached RMB 100 million (USD 13.7 million) in 2025, with projected order doubling for 2026-2027. The company plans to launch a Assortment A+ spherical later this 12 months for purchaser development and know-how iteration.
Provide: 36Kr
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