Core Viewpoint - Yuaneng Bio has officially launched its Series B financing and is actively preparing for its listing on the Sci-Tech Innovation Board, focusing on the automation of low-temperature storage technology in the biopharmaceutical sector [1][6]. Group 1: Company Overview - Yuaneng Bio has been dedicated to the research and development of advanced automated low-temperature storage equipment for nearly eight years, with an investment of approximately 800 million yuan [3][6]. - The company has applied for over 600 domestic and international patents, with more than 500 granted [1][3]. - The company aims to transform low-temperature storage technology from laboratory applications to industrialization, driven by policy, capital, and entrepreneurial efforts [1][6]. Group 2: Product Development - Yuaneng Bio has developed a series of automated deep low-temperature biological sample storage products, including the BSN, P, AM, IVF, PBM, and BSE series [3][4]. - The company has achieved breakthroughs in technology, such as the innovative "honeycomb" storage structure that prevents cross-contamination and maintains a stable low-oxygen, frost-free environment [3][4]. - The Orcella duo1100S automated deep low-temperature storage system won the "2025 Outstanding New Product Award" at the ISBER awards in Canada [4]. Group 3: Market Strategy - The company is focusing on standardizing and modularizing its products to facilitate future mass production and reduce costs [4][6]. - Yuaneng Bio is expanding its market presence domestically while also strengthening collaborations with global partners to reach overseas customers [4][6]. - The company is targeting various application scenarios, including hospitals, disease control centers, biopharmaceutical companies, and animal research centers, as well as exploring the potential of home-based cell storage solutions [6][7]. Group 4: Future Plans - Yuaneng Bio is set to complete the construction of a smart manufacturing base in Shanghai in 2024, covering nearly 10,000 square meters [6]. - Following a successful Series A financing of 410 million yuan in 2022, the company is now preparing for its Series B financing and plans to list on the Sci-Tech Innovation Board [6][7]. - The primary use of future funds will be for factory construction and to promote the mass production of low-temperature storage equipment [6].