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Raymond Cyber received investment from the National Major Project Transformation and Innovation Fund of China Investment Corporation.

In July 2018, Beijing Leiming Cyber Electromechanical Technology Co., Ltd. (referred to as "Leiming Cyber") successfully received strategic investment from Guotou Venture Capital Management Co., Ltd., a subsidiary of China Development Investment Corporation.

 

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Guotou Venture Capital Management Co., Ltd. was established in January 2016. It is a private equity fund management company established by the State Development & Investment Corporation in accordance with market-oriented principles, with the aim of implementing the national innovation-driven development strategy, accelerating the transfer and transformation of national scientific and technological achievements, and laying out forward-looking and strategic emerging industries. Currently, it manages 4 funds, with an initial scale of 14 billion yuan, covering investment directions such as intelligent manufacturing, consumer information, pharmaceutical health, and environmental protection and energy. Guotou Venture aims to "serve the national innovation strategy and focus on the transformation of scientific and technological achievements", taking into account policy orientation and investment return goals, implementing national strategies, achieving win-win results for the government, society, and the market, and striving to become a leading and professional fund management institution in the industry with ideals, trustworthiness, respect, and influence. The investment in Leiming Sibao this time is made by the National Major Science and Technology Project Transformation Fund under Guotou Venture.

Leiming Sibao is a high-tech private enterprise positioned as a specialized research and design institute for special intelligent equipment. It has undertaken multiple national major science and technology project research and development tasks, gathering a group of experts proficient in mechanics, electronics, automatic control, and welding, etc. It has accumulated profound technical accumulation and engineering experience in the research and manufacturing of special intelligent equipment for nuclear power, post-processing, decommissioning, military industry, petrochemicals, etc. and has developed a number of technologies and products with complete independent intellectual property rights. 

In 2017, the company completed the independent research and development of the integral synchronous bolt tensioning machine for the reactor pressure vessel of the first unit of the "Hualong One" demonstration project. It was awarded the 2017 China Energy Equipment Ten-Year Innovative Product of the Year. This equipment will soon be used in the first unit demonstration project of "Hualong One". Leiming Cyber not only achieved the domestication of this key equipment in the nuclear power field, but also the performance of the equipment was superior to that of similar foreign products. This is of great significance for promoting the domestication of nuclear power and provides independent technological support for the realization of the "going out" strategy of China's own third-generation nuclear power "Hualong One". 

 

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In the fields of nuclear power and waste management, the company has developed a series of intelligent equipment such as the 400-liter bucket opening/closing system for low-level radioactive waste at Fuzhou Nuclear Power Plant, the automatic welding robot for spent fuel storage tanks in the demonstration project of high-temperature gas-cooled reactor nuclear power plants, and the automatic refueling robot for the small chambers of heavy water reactors in Algeria. In the field of special welding, the company has solved major technical problems such as narrow gap welding of large-thickness nickel-based alloy main pipelines for nuclear power, pipe-to-pipe welding of different materials, welding in nuclear radiation environments, and welding in narrow spaces, and has developed the SmartArc-400TE full-position intelligent welding system with independent intellectual property rights, which has broad application prospects in the nuclear energy, petrochemical, power, shipbuilding, and military industries. In the marine oil field, the company has successfully developed heavy-duty underwater multi-purpose robots, underwater high-pressure abrasive water jet cutting robots, shallow sea underwater pipeline laying robots, shallow sea underwater cable/ optical cable laying robots, and underwater ultra-high pressure abrasive water jet cutting robots, and has accumulated rich product experience. 


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Currently, with the restart of nuclear power being on the horizon, the increasing urgency of spent fuel reprocessing needs, and the rising prominence of nuclear power facility decommissioning issues, the demand for intelligent equipment for special environments is constantly increasing. The company's long-term accumulated intelligent equipment research and development technologies and achievements will help its products seize important development opportunities in the fields of nuclear power, reprocessing, decommissioning, and military industries. With the active support of major special project funds, Remon Cyber will obtain more strategic resources, continuously enhance its R&D capabilities and market expansion capabilities, and become an outstanding manufacturer of intelligent equipment for nuclear power reprocessing. 

 

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The State Development Investment Corporation (referred to as "State Development Group") was established on May 5, 1995. It is a state investment holding company approved by the State Council and a key state-owned backbone enterprise directly managed by the central government. The registered capital of State Development Group is 19.47 billion yuan. As of the end of 2016, its total assets reached 467.1 billion yuan, and the scale of managed financial assets exceeded one trillion yuan. It has over 30,000 employees. In 2016, it achieved a total operating revenue of 87.05 billion yuan and a profit total of 18 billion yuan. In the annual performance assessment of the State-owned Assets Supervision and Administration Commission of the State Council, it has received an A grade for 13 consecutive years and has been recognized as an "excellent performance enterprise" in four consecutive tenure assessments.

Since its establishment, State Development Group has continuously improved its development strategy, optimized its asset structure, and gradually built four strategic business units: basic industries, forward-looking strategic industries, financial and service industries, and international business. The basic industries focus on developing energy industries such as power, transportation industries such as roads and ports, and strategic scarce mineral resource development businesses. Forward-looking strategic industries promote the integration and linkage of fund investment and holding investment, and focus on developing advanced manufacturing, big health, urban environmental protection, and biomass energy industries. The financial and service industries develop financial businesses such as securities, banks, securities funds, trusts, insurance, guarantees, futures, financial companies, and leasing, and steadily carry out other businesses such as engineering design, asset management, consulting, and property management. The international business focuses on conducting direct overseas investment, international engineering contracting, and international trade.

After 20 years of exploration and practice, State Development Group has gradually formed a unique operation model of "equity investment - equity management - equity operation", and "asset operation and capital operation combined". That is, capital investment obtains equity, equity management enhances enterprise value, and equity transfer or equity operation dividends obtain income, thereby achieving the preservation and appreciation of state-owned assets.

State Development Group implements a parent-subsidiary management system. The headquarters of State Development Group has 9 functional departments, the directly affiliated Party Committee of State Development Group, and the Office of the State-owned Investment Committee of the China Investment Association; it has 15 wholly-owned and controlled subsidiaries; it has 154 investment enterprises at the third level or above, including 6 controlled listed companies: State Development Power (600886.SH), State Development Zhonglu (600962.SH), State Development Anxin (600061.SH), Zhongcheng Co., Ltd. (000151.SZ), Hualian International (00969.HK), and Zhongxin Fruit Industry (5EG.SGX), forming a "State Development" brand with certain influence in the capital market.

For the future State Development Investment Corporation, it will always adhere to the corporate purpose of "for investors, for society, for employees", actively serve national strategies, fully play the leading and driving role of state-owned capital in important fields and key industries, vigorously promote the optimization of the layout and structure of state-owned capital, and actively carry out the pilot reform of reorganizing state-owned capital investment companies.

State Development Group has built 5 fund management platforms: State Development Venture Capital, State Development Innovation, State Development Innovation Profit, State Development Innovation Cooperation, and Strait Hui Fu. The business of these 5 management companies correspond to early-stage VC projects, PE projects for mergers and acquisitions, agriculture-related industries, mother funds, and investment in the Hui Xing region. Currently, the total management fund scale exceeds 150 billion yuan, and it has driven 500 billion yuan of social capital.

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