In December 2023, Ningbo Jiangchen Dema Automation Equipment Co., Ltd. (hereinafter referred to as "Dema Company") completed its first round of financing with a financing amount of tens of millions. This round of capital increase was jointly invested by CITIC Securities and Dingjie Co., Ltd. This round of financing will be used for Dema Company's R&D investment and talent development in the field of intelligent manufacturing of new energy vehicles and core equipment.
The sales volume of new energy vehicles is expected to reach 11.5 million units in 2025. According to the Gaishi Automotive Research Institute, the penetration rate of new energy vehicles will reach 46% by 2025. The market space for new energy vehicle three battery equipment continues to expand, with an expected increase of 155 billion yuan in lithium battery equipment by 2025. With the expansion of new energy customers overseas, the energy storage business is expected to double in the future, and the market space for energy storage battery equipment is expected to reach 500 billion yuan by 2025.
Ningbo Jiangchen Dema Automation Equipment Co., Ltd. was established in 2017, headquartered in Cixi. It has been awarded the title of National High tech Enterprise with a registered capital of 39.49 million yuan. The company has two major manufacturing bases in Cixi and Chuzhou, with a factory area of over 60000 square meters and an output value of up to 1 billion yuan. The company focuses on the overall solution of intelligent equipment for new energy vehicles and is committed to the research and application of specialized equipment. Dema Company's business covers integrated production lines and specialized equipment such as new energy three electricity, energy storage, and powertrain. It has independently developed integrated software such as vision and MES, and has completed independent research and development of various types of standard equipment. It plans to launch the market in late 2024.

In 2023, Dema Company signed new orders exceeding 200 million yuan, a year-on-year increase of 139%, confirmed revenue increased by 49% year-on-year, profit increased by 22% year-on-year, and orders in hand exceeded 300 million yuan. At the same time, the company made breakthroughs in core customers, adding customers such as Geely Commercial Vehicles, AFRY, Chunfeng Power, Bangqi, and Star Drive, and completed the delivery of its first overseas project. The company's management and project delivery capabilities have steadily improved.

In the next three years, Dema will continue to focus on the intelligent equipment business of new energy vehicles, with a focus on deepening the fields of three electricity, energy storage batteries, and professional equipment. The target contract amount for 2026 is 800 million yuan, making it a benchmark enterprise in intelligent manufacturing with sustained technological innovation and industry influence.