In June 2023, Hefei Conservation of Momentum Green Energy Co., Ltd. (hereinafter referred to as "Conservation of Momentum") successfully completed the first seed round financing. This round financing was led by Hefei Seed Fund Partnership Enterprise (Limited Partnership) and Hefei Beicheng Angel Investment Partnership Enterprise (Limited Partnership). The funds will be mainly used for the research and development and small-scale production of the company's PEM electrolysis water iridium catalysts, membrane electrodes, and anode porous transport layers.
Conservation of Momentum officially settled in Shuangfeng Zhigu Innovation and Entrepreneurship Science and Technology Park, Changfeng County, Hefei City in August 2022. According to Mao Xuewei, CEO of the company, the company focuses on the most promising green hydrogen production technology in the industry-Polymer Electrolyte Membrane (PEM) electrolysis core materials and component research and production, and is committed to becoming a leading domestic supplier of solid electrolyte membrane electrolysis key materials and components.
As a legal adviser to Conservation of Momentum, Llinks provided professional legal services for this financing with its rich project experience in the investment and financing field.
Llinks Team:
Partners: Selena She, Colin Shi
Associate: Chunhui Bai
