The Beijing-Tianjin-Hebei Region Scientific and Technological Achievements Transformation Fund (Beijing-Tianjin-Hebei Fund) managed by SDIC Venture Capital successfully completed the investment in Beijing Honghui International Energy Technology Development Co., Ltd (hereinafter referred to as Honghui Energy), China's best flywheel energy storage technology provider with independent intellectual property right.

Honghui Energy is a high-tech enterprise that integrates military and civilian, and applies space technology into civilian use. It brings together top experts in Aerospace, Power Electronics, Automatic Control and Energy in China, and has developed a series of cutting-edge, fully independent intellectual property-based flywheel energy storage technology and products. Honghui Energy's flywheel energy storage technology successfully broke the technical blockade long-established by the developed countries, which increases stabilization of the satellite attitude by 1-2 orders of magnitude and has a very important strategic significance to national defense. On this basis, Honghui Energy has developed a flywheel energy storage product designed for industrial application. The product can be widely used in millisecond-level uninterruptible power supply for large data centers, telecommunications, integrated circuits and other high precision manufacturing. At the same time, flywheel batteries are expected to be applied to rail transit braking energy recovery, power's peak-load regulation, microgrid, civil air-defense projects, wind and solar energy storage, and other areas in large scale owing to its characters of eco-friendliness, efficient energy recovery, uninterrupted and long-life power supply and so on.

In November 2017, Honghui Energy stood out from 5275 corporations and became the only winner of the first prize in China Maker Innovation & Entrepreneurship Contest held by Ministry of Industry and Information Technology of the People's Republic of China. Later in December, in the bidding for the flywheel UPS project on the wafer production line of the Foundry Company which has a total investment of tens of billions Yuan, Honghui Energy defeated long-standing monopolistic foreign companies and won the bidding, becoming the first Chinese corporation to produce flywheel energy storage products in the field of high-end manufacturing industry and making contributions to the independent decision-making and controllability of high-end equipment in semiconductor industry.  

Fueled by Beijing-Tianjin-Hebei Fund, Honghui Energy will achieve more resources for strategic development, constantly lead the direction of flywheel energy storage technology and grow into a leading corporation respected by its international counterparts. Beijing-Tianjin-Hebei Fund's investment in Honghui Energy is not only a concrete measure to implement Beijing-Tianjin-Hebei integrated development plan and promote the transformation and industrialization of scientific and technological achievements in Beijing-Tianjin-Hebei region, but also a typical case of responding to and advancing civil-military integration. By paying attention to and investing in projects based on transformation of scientific and technological achievements, Beijing-Tianjin-Hebei Fund will work jointly with government funds to guide more social funds and resources to civil-military integration industry, improve the innovation ability and development level of the industry and help the civil-military integration industry develop in a healthy and ordered way.