IK Holdings Completes B Round of Financing of Over 100 Million Yuan

Foshan Aikai Holding Group Co., Ltd. (hereinafter referred to as "Aikai Holding" or "Aikai") has completed a round B financing of over 100 million yuan, with Jinding Capital investing nearly 100 million yuan. Other investors include Jiayu Capital, Shunwei Capital, SAIC Hengxu, Wens Investment, Kaifeng Venture Capital, etc. This round of financing is mainly used for the expansion of new energy front-mounted vehicle refrigerator production capacity, overseas independent brand promotion, working capital reserve and new product research and development. This is the second round of B financing of over 100 million yuan after the completion of the round A financing of over 100 million yuan in 2022. On the ToC side, Aikai's Ice Tiger/Alpicool brand leads in sales on domestic and foreign e-commerce platforms, has strong brand awareness in the domestic truck aftermarket, and in the international market, Aikai's own brand and its portable refrigerators account for a large share of overseas online channel sales. On the ToB side, Aikai's front-mounted business has become the second curve of the company's growth, and has established cooperative relations with well-known domestic new energy OEMs and commercial vehicle manufacturers such as BYD, GAC, and Geely. The aftermarket portable refrigerator business has also established cooperation with brands such as RYOBI, ANKER, and Goal Zero.