On March 17, 2023, Firstred held the 3rd annual general meeting in Beijing, themed "The Beginning of China's M&A Era". For more information about the keynote, please email us at contact@firstred.com

Firstred 2022 Annual General Meeting

On October 6th, CALB Co., Ltd (“CALB”) was successfully listed on HKEX (03931.HK) as the first power battery IPO in Hong Kong, raising c.US$1.3 billion excluding overallotment option. Firstred participated in CALB’s capital raise in November 2020 as one of the early investors.

CALB is a leading new energy technology company specializing in the research, design, production and sales of EV batteries and power storage products. As of March 2022, CALB ranks #2 among third-party EV battery companies in China and #6 among EV battery companies globally. On completion of its IPO, CALB will continue to focus strategically on technology leadership and capacity expansion and promote the sustainable development of the industry.



Firstred congratulates CALB for its successful Hong Kong IPO

On March 18, 2022, Firstred held the 2nd annual general meeting in Beijing, themed Persist & Forward. For more information about the keynote, please email us at contact@firstred.com

Firstred 2021 Annual General Meeting

On February 18, 2022, Hualan Biological Bacterin (SZSE: 301207), a Firstred portfolio company since March 2020, was successfully listed on the Growth Enterprise Market of the Shenzhen Stock Exchange, raising c.RMB 2.3bn in proceeds. 

Founded in 2005, Hualan Biological Bacterin is a subsidiary of A-share listed Hualan Biological Engineering (SZSE: 002007). As the first Chinese company to launch quadrivalent influenza vaccine (split virion, inactivated), Hualan Biological Bacterin ranks first by market share among both quadrivalent influenza vaccine and influenza vaccine manufacturers. Other products undergoing clinical trials or approval processes include multivalent/combined vaccine for pertussis, diphtheria, tetanus and etc. As a publicly listed company, the Company will continue to focus on research and innovation, broaden product line and enhance market position.

Hualan Biological Bacterin Lists on the Shenzhen Stock Exchange

On January 8, 2021, Firstred held the first AGM in Sanya.Founding partner Xiaodan Liu delivered the keynote Coolheaded Deliberations in a Hotheaded Time.For more details, please email us at contact@firstred.com.

Firstred 2020 Annual General Meeting

Firstred announced the final close of its debut M&A fund, with RMB 6.8bn of total capital commitments. Firstred invests primarily in buy & build opportunities with a focus on new economy industries including industrial & technology, healthcare, and consumer.

The limited partners of the fund are institutional investors including insurance companies, fund of funds and blue-chip corporates and founders. Firstred Capital will seek to deliver attractive returns and opportunity for ongoing strategic cooperation to its partners.