In June 2022, Qingyun Zhitong (Beijing) Technology Co., Ltd. (hereinafter referred to as " Tsingyun Intelligence"), a localized industrial software provider for the process industry, completed its Series B and Series B+ financing of over RMB100 million. The Series B round was jointly invested by CDH Baifu, Hillhouse Capital and Baidu, and the Series B+ round was invested by Sinopec Capital.

Tsingyun Intelligence is a company developing industrial intelligence technology, focusing on intelligent scenarios and applications for process-oriented industrial enterprises such as energy chemical industry and new energy and materials. For a long time, the process industry, especially the energy and chemical industry, has pain points such as complex processes, hidden safety risks, serious consequences of accidents, difficulty to control product quality, heavy reliance on workers' experience, and low industrial intelligence, and more than 90% of industrial software in the fields of process R&D and design, process simulation, process control, process warning and scheduling optimization are monopolized by foreign industrial software vendors such as Honeywell, Aspen, etc. and the status quo needs to be broken. Tsingyun Intelligence combines industry knowledge and expert experience with industrial big data, machine learning, artificial intelligence and other technologies to integrate process mechanism model, data-driven model and actual production business model, and develops core industrial software such as intelligent process R&D experiment, intelligent process simulation, intelligent process control, intelligent process safety warning, etc., and fully realizes domestic replacement. Based on this, Tsingyun Intelligence technical team has built an industrial intelligence platform covering underlying technology models, special industrial software and business scenario applications, providing automated digital intelligence services for process industry enterprises, and accelerating the digital intelligence transformation and upgrade of enterprises with independent and controllable domestic software.

Acting as the legal counsel of CDH Baifu, Llinks provided professional legal services for CDH Baifu's investment with its rich project experience in the field of investment and financing.

Llinks Team:

Partners: Selena She, Colin Shi

Associate: Aurora Zhang