ZQET Group

Overview

ZQET Group is an industrial holding company based in Hefei, Anhui, China, specializing in new energy and innovative technology investments. The company operates through a business model that integrates industry with investment and financing, aiming to build a new energy industry ecosystem and support scientific and technological enterprises. Its wholly-owned subsidiary, ZQi Solar Technology, focuses on the research, development, manufacturing, and sales of high-efficiency photovoltaic cells and modules. ZQi Solar Technology has achieved significant advancements in photovoltaic conversion technology, with its core product, the 210R-16BB double-sided N-TOPCon cell, reaching a mass production conversion efficiency exceeding 26.9% and a yield rate surpassing 97%. The company has also submitted multiple patent applications, including invention and utility model patents, and is actively advancing research and development in next-generation photovoltaic technologies. In terms of equity investments, ZQET Group has a diverse portfolio, including companies in next-generation information technology, new energy, and biotechnology sectors. The company has successfully facilitated the initial public offerings (IPOs) of several portfolio companies, such as Hefei Snowky Electric Co., Ltd., Changzhou Wujin Zhongrui Electronic Technology Co., Ltd., and Baotou INST Magnetic New Materials Co., Ltd. Additionally, Hanshow Technology Co., Ltd. was listed on the ChiNext board of the Shenzhen Stock Exchange in March 2025. As of the end of the reporting period, ZQET Group had invested in 75 portfolio companies, with 16 having gone public or received approval to do so. Measured by capital invested, 40% of its companies have gone public. The company's investment philosophy emphasizes technological innovation and the development of specialized and innovative enterprises, contributing to the prosperity of emerging industries supported by the central government, such as advanced materials, new energy, energy conservation, and environmental protection. ZQET Group continues to optimize its business structure, focusing strategically on these emerging sectors and leveraging a diversified and flexible range of financial instruments to support both investment and industrial sectors.

Investment Focus

• Focus on new energy and innovative technology sectors
• Preference for companies with strong technological capabilities
• Interest in both early-stage and growth-stage investments
• Geographical focus on China
• Alignment with national strategic scientific and technological initiatives

Portfolio Companies