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Jingye Intelligent Increases Capital to Take Controlling Stake in Hefei Zhenggeng, Extending into High-End Equipment Materials for Nuclear Fusion

Jingye Intelligent Increases Capital to Take Controlling Stake in Hefei Zhenggeng, Extending into High-End Equipment Materials for Nuclear Fusion

Jingye Intelligent recently disclosed that it has completed a capital increase to take a controlling stake in Hefei Zhenggeng Technology Co., Ltd. (hereinafter referred to as "Hefei Zhenggeng"). On August 8, Jingye Intelligent, Hefei Zhenggeng, and the Chaohu Municipal People's Government signed a strategic cooperation framework agreement, under which the three parties will cooperate on high-end equipment industry chain synergy, technological innovation, and industrial project implementation. Public information shows that Hefei Zhenggeng focuses on high-performance alloy materials and precision components, with main products including nickel-based alloy parts for high-temperature and new energy equipment, special materials and components for nuclear power and nuclear fusion equipment, as well as precision cobalt-chromium-molybdenum alloy products, with applications covering high-end nuclear industry equipment, energy industry, and healthcare. ...

2026-08-13

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