Shenzhen UUGreenPower Co., Ltd. (Stock Code: 301590), backed by the Guangming Talent Fund — a subsidiary of Guangming District's Guiding Fund — has officially launched its IPO on the Growth Enterprise Market (GEM) Board of the Shenzhen Stock Exchange.
This marks the fifth IPO driven by the Guangming District Guiding Fund and the first company locally cultivated and listed within Guangming District, highlighting the success of the district's “Government-Enterprise Collaboration + Capital Empowerment” model to nurture high-quality enterprises.
Founded in 2015, UUGreenPower is a global leader specializing exclusively in EV DC fast-charging modules and core components. The company employs over 600 professionals and serves more than 1,000 clients worldwide, focusing on customized charging and battery swapping solutions for new energy vehicle manufacturers, charging station operators, and related customers. Its continuous investment in research and development has positioned it at the forefront of the new energy vehicle charging sector.
The Guangming Talent Fund invested in UUGreenPower in 2021. The fund concentrates on industries including strategic emerging technologies, high-growth sectors, and disruptive innovations, helping accelerate the growth of local high-tech enterprises.
The Guiding Fund and its subsidiary funds have previously contributed to successful public listings of several companies in the district. The fund is recognized as one of China's top government guidance funds, receiving multiple prestigious awards in 2023 and 2024 for its outstanding investment performance.
As Shenzhen's youngest administrative district and a pilot zone for the Greater Bay Area's Comprehensive National Science Center, Guangming District is committed to building a world-class science city. Its “Listed Company Multiplication Plan” emphasizes close cooperation with regulatory bodies, providing tailored support for pre-IPO companies, and creating a favorable business environment to nurture specialized, refined, distinctive, and innovative (SRDI) enterprises.
UUGreenPower's successful listing underscores Guangming District's growing role as a vibrant hub of innovation and high-quality enterprise development in Shenzhen and China's Greater Bay Area.