On June 9, 2021, INN-MAG new energy completed a new round of financing, which was jointly invested by CRRC science and innovation fund and Yajie fund. With the continuous reshuffle of new energy vehicles and core parts projects and the transformation and upgrading of traditional products, BCCI new energy has obtained the first-line strategic capital investment, which indicates that BCCI's technological innovation, product quality and market promotion are once again highly recognized by all parties. The smooth financing will also bring new opportunities for BCCI to promote its products to the field of rail transit.

Group photo of leaders and staff of all parties

At 10:00 a.m. on June 9, 2021, representatives of CRRC science and innovation fund, Yajie fund and Suzhou new energy jointly held a signing ceremony at CRRC building in Beijing.

So far, INN-MAG new energy has completed four rounds of financing, all from top investment institutions: Shanghai angel investment fund, Jerry oil group, Yuanhe holdings, Suzhou leading venture capital, Yajie fund and CRRC science and innovation fund.

CRRC science and Innovation Fund

CRRC Capital Management Co., Ltd. was established on January 8, 2016 with a registered capital of 2 billion yuan, which was invested by CRRC in currency. The development goal of the company is to rely on the internal and external resources of CRRC, strive to build a professional industry investment platform of CRRC, and strive to develop into a domestic first-class capital holding company with excellent assets, strict internal control and stable benefits.

Yajie fund

Yajie fund is an angel fund jointly initiated by entrepreneurial mentors and successful entrepreneurs in the cradle plan as "super angels" for entrepreneurs with dreams. It integrates the resources accumulated by Yajie chamber of Commerce and cradle plan in the past ten years, provides entrepreneurs with continuous entrepreneurial guidance and extensive resource docking, and helps entrepreneurs and start-ups grow rapidly.