Yiou has exclusively learned that Yapeiren Technology (Hangzhou) Co., Ltd. completed a financing of nearly 100 million yuan last year. The investor was Shengshi Investment, and Yiren Capital served as the exclusive financial advisor for this round of financing. The funds were mainly used for the subsequent expansion and construction of Yapeiren.

Yabiren is a globally leading producer of high-end polyolefin fluids, mainly engaged in the research and development of metallocene and post-transition metal catalysts, as well as the industrialization of metallocene and post-transition metal catalyzed polyolefin processes and products.

Metallocene polyalphaolefin (mPAO) is a high-end synthetic lubricating base oil obtained by catalyzing alpha-olefins with metallocene catalysts. It is a key basic material in high-demand fields such as wind power, rail transit, robotics, and aerospace. Meanwhile, it has obvious advantages in applications such as high-performance engine lubricating oil, automatic transmission fluid, gear oil, and industrial lubricating oil. With the rapid development of artificial intelligence, low-viscosity polyalphaolefin will increasingly be applied in the single-phase immersion cooling scenarios of servers.

Take new energy hybrid vehicles as an example. High-performance engine lubricating oil can meet the lubrication requirements under harsh conditions such as high load, high temperature and low temperature, and extend the engine life. When used in automatic transmission oil, gear oil, etc., it can effectively improve the efficiency and durability of the transmission system. When used in motors, reducers, etc., it can significantly improve the cooling efficiency and provide effective lubrication protection.