Qiming Venture successfully invested in Hangzhou Hexing Electrical Co., Ltd. (Hexing) in December 2011. Hexing entered the electrical power meters and test equipments market in 2011. With a decade of growth, Hexing is now China number one power meters exporter both by volume and product range with products installed in over 70 countries worldwide. Hexing is a top ten supplier in domestic market (State Grid public biddings). In recent years, Hexing has grown from hardware equipment manufacturer to advanced technology smart metering and energy management system solution provider complete with system software, smart exchange and universal communication interface capability.
Qiming CleanTech investments cover Clean Coal, Clean Water, Smart Grid, Renewable Energy and Energy Storage materials. Representative leading portfolios include LP Amina, Shenzhen BTR, CSD Water, CSD Green Energy, Hangzhou Hexing and LanzaTech. Looking forward, Qiming will enhance its investment in CleanTech sector, work together with entrepreneurs to build on success and continuous growth and contribute to China environmental protection and long term sustainable development.