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Baoying Gas
Baoying Gas is a gas solution provider and a national gas industry investment and operation platform enterprise
About Baoying Gas
Established in April 2021, Baoying (Nanjing) Gas Co., Ltd. is positioned as a national investment and operation platform for the gas industry. The company was founded by Sheng Zhongke, the former general manager of Baosteel Gas, who brings extensive experience to the venture. The core management team is composed of professionals with backgrounds in major foreign, state-owned, and private gas enterprises, possessing an average of over 25 years of industry experience in project development, design, and operations.
The firm operates by providing comprehensive, one-stop gas solutions to a diverse client base in sectors such as steel, chemicals, electronics, and healthcare. Its business model encompasses the production and supply of traditional industrial gases, the development of special gases, pipeline gas supply, and research into gas applications and energy storage. Revenue is generated through the sale and supply of these gases and related equipment and services. The company serves high-end manufacturing industries, including semiconductors, LEDs, and hydrogen energy battery sectors.
Baoying Gas delivers a wide array of products, including traditional bulk gases like oxygen, nitrogen, and argon, supplied via pipelines or in liquid form. A significant area of focus is on specialty products, such as ultra-high purity ammonia for the semiconductor and optoelectronics industries, with a new 8,000-ton-per-year production facility for this photo-grade material under construction in Nanjing. The portfolio also includes medical oxygen, hydrogen, and various rare gases. Strategically, the company is expanding into hydrogen energy, gas energy storage technology, and green energy solutions to align with national sustainability goals. This is supported by a network of production bases, including a hydrogen R&D center in Nanjing, an electronic special gas base in Wuhu, and an energy island in Ya'an, Sichuan.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- China
- Open positions
- None listed
- Dealroom signal
- 18.3/100
- Industry
- Energy
- Sector
- Energy, Hard Tech
- Client focus
- b2b
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Dec 2023 | $28M | $110M | ITG Holding · Hengxu Capital | ↗ |
| SERIES AOther financing | Mar 2023 | $0 | — | Asia Green Fund | ↗ |
Growth signals
Latest recorded traffic for Baoying Gas is 620 monthly website visits.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Asia Green Fund
Series A4 investors entered at this stage
Green Capital
Cathay Capital- IHITG Holding
Hengxu Capital
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Baoying Gas on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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