Anhui Shengshui New Vitality Expertise Co., Ltd. (Shengshui Tech) introduced on March 5, 2026, the completion of a Collection A funding spherical exceeding RMB 100 million (roughly USD 13.7 million). The spherical was led by NIO Capital, with participation from Lenovo Capital, Zhongan Capital, and follow-on funding from Hefei Innovation Enterprise Capital. Yundao Capital served because the unique monetary advisor.
Based in 2019 and headquartered in Hefei, Anhui Province, Shengshui Tech focuses on vital supplies and core elements for hydrogen power, specializing in PEM and AEM water electrolysis for inexperienced hydrogen manufacturing. The corporate has constructed a completely built-in R&D system protecting catalysts, proton alternate membranes, and membrane electrode assemblies (MEAs).
Key technological advances embody the mass manufacturing of 50μm membrane electrode assemblies and growth of 25μm ultra-thin membranes. Its low-iridium catalyst SS-IrTi-4001 reduces iridium loading to beneath 0.6mg/cm². The corporate's fourth-generation oxygen-in-hydrogen management know-how allows secure operation with H₂ in O₂ focus beneath 0.3% and present effectivity exceeding 97%.
CEO Wang Xinlei holds a Ph.D. in Vitality Energy from USTC, with the core technical staff drawing experience from USTC and the Chinese language Academy of Sciences. Shengshui Tech has partnered with tons of of home and worldwide shoppers, together with Fortune 500 firms, protecting most PEM electrolyzer clients in China. It has delivered over 40,000 MEA elements and plans to determine a tens-of-megawatt inexperienced hydrogen manufacturing facility in 2026.
Income approached RMB 100 million (USD 13.7 million) in 2025, with projected order doubling for 2026-2027. The corporate plans to launch a Collection A+ spherical later this 12 months for buyer growth and know-how iteration.
Supply: 36Kr
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