Xicheng Venture Capital has invested in DeRan Power, a company that has signed a contract to settle in Xishan District

　　On December 11th, the DeRan Power Fuel Cell Power System project signed a contract and settled in Xishan District. Xi Venture Capital actively implements a two-level linkage mechanism between the city and the district, jointly invests in DeRan Power with Xishan Jintou, and helps it land in Xishan District.

　　Hydrogen energy is an indispensable part of the future energy system and an important support for building a new type of power system in the future. The introduction of DeRan Power, a leading enterprise in the industry, by Xi Venture Capital Investment will effectively drive the development of Wuxi's hydrogen energy industry and contribute to Wuxi's carbon neutrality cause.

　　After the signing and implementation, DeRan Power plans to establish a hydrogen energy industry research center in Wuxi, introduce high-quality projects in the industry chain, graft the company's advantageous industries and research resources, and drive outstanding enterprises in the upstream and downstream of the hydrogen energy industry chain to land and develop in Wuxi. At the same time, DeRan Power will take the lead in establishing an international academician workstation, combining its technological and research and development advantages with the local resources of Wuxi City, and jointly building the Wuxi hydrogen energy industry chain.

About DeRan Power

　　DeRan Power is an enterprise dedicated to the research and development, production, and sales of hydrogen fuel cell power systems. The company focuses on the fields of fuel cell vehicles, engineering and special vehicle power systems, and hydrogen energy storage systems, with core technologies and components as business support. Its products cover four major areas: system products, core components, engineering services, and fuel cell sightseeing vehicles, achieving comprehensive industry development. Dr. Zhang Tong, the founder of the company, has 45 years of academic and industrial experience in the fields of automobiles and hydrogen fuel cells. He has led teams from universities and enterprises to be responsible for multiple major basic and industrial technology research and development projects such as the Ministry of Science and Technology's 863 Program, the Ministry of Industry and Information Technology, and the Shanghai Association for Science and Technology. He has won the second prize of National Science and Technology Progress (the only one in the hydrogen energy industry) and is praised as the "first person in China's fuel cell vehicle industry".