Recently, BWT announced the completion of a new round of financing of over 100 million yuan. The industrial investors of this financing are Shougang Fund and CRRC Capital. The entry of the two institutions will bring more strategic resource support to BWT and accelerate the high-quality development of the company.
The two institutions participating in the investment in BWT this time are well-known industrial investment institutions in the industry.

Shougang Fund is a comprehensive asset investment management institution jointly established by the Beijing Municipal Government and Shougang Group. It is the largest market-oriented manager of industrial funds funded by the Beijing Municipal Government. In the field of equity investment, the investment direction of Shougang Fund covers new-generation information technology, intelligent manufacturing, energy conservation and environmental protection, medical health, new energy and other strategic emerging industries, and it is a comprehensive industrial synergy enabler. The investment was implemented by Fengshou Fund, a subsidiary of Shougang Fund. Fengshou Fund was jointly funded and established by the Fengtai District Government and Shougang Fund, and managed by Shougang Fund.

CRRC Capital takes CRRC’s capital management and capital operation platform as the basic positioning, focuses on CRRC’s core business and strategic emerging industrial chain, continuously summarizes and enriches the “industry + capital” collaborative development model, and promotes industrial restructuring and development. Transformation and upgrading, mergers and acquisitions, production capacity cooperation and transformation of scientific and technological innovation achievements. The investment is implemented by the CRRC Transformation and Upgrading Fund under CRRC Capital.
From the perspective of investors, the two investment institutions are typical representatives of long-termism, and they are also industrial investment experts with unique vision and strong vision. This financing was finally able to take place, which is a two-way rush between investment institutions and enterprises under the same concept.

Regarding this financing, Jianxun Zhang, President of Shougang Fund, said: The laser industry is an important part of the transformation and upgrading of the manufacturing industry. Shougang Fund can play the role of an industrial capital link hub, and promote scientific and technological innovation and key technological breakthroughs through industrial collaboration. As the first company in China to commercialize laser technology, BWT has accumulated a large number of outstanding laser talents who have mastered core technologies. The growth space of the combination of the two parties is worth looking forward to.

Yuntao Yang, general manager of CRRC Transformation and Upgrade Fund, said: Laser manufacturing technology is one of the important development directions to realize the transformation and upgrading of the national manufacturing industry, and it is also one of the core tracks in our key investment fields. BWT has nearly 20 years of technology accumulation in the laser field. We are very optimistic about the laser industry and hope that CRRC and BWT will have closer cooperation in the industry in the future.

Xiaohua Chen, chairman of BWT, said: Thanks to Shougang Fund and CRRC Capital for their trust, they completed due diligence and investment in a very short period of time. After completing this financing, BWT will continue to adhere to long-termism, uphold the spirit of craftsmanship, focus on technological innovation, launch products that meet market demand, and grow together with customers and investors.