Joy Capital Fund Secures Investment from Panasonic, jointly Hosts Strategic Symposium

HANGZHOU, China,Dec. 18, 2024/PRNewswire/ -- Panasonic Corporation ofChinaand Joy Capital held a strategic symposium at Panasonic Hangzhou Industrial Park. Following Panasonic Corporation ofChina'sinvestment in Joy Capital's fund, both parties conducted in-depth discussions on the investment and further industrial cooperation, focusing on mobility technology and innovative consumption.

Kinoshita Ayumu, President of Panasonic China& Northeast Asia Company, TAN Yuewen, Vice President of Panasonic China& Northeast Asia Company, and ZENG Jiajia, Director of Panasonic Holdings'Mobility Ecosystem Investment Office, LIU Erhai, Founding and Managing Partner of Joy Capital, LI Xiao, Founding Partner of Joy Capital, representatives from various Panasonic business units, and Joy Capital portfolio companies attended the symposium and shared insights and experiences in innovation and entrepreneurship.

Joy Capital's portfolio company Aqara shared its innovation and achievements in the smart home field. Kuafu demonstrated the significant transformation that digital operations have brought to traditional catering industry.Mega Robo, Flextail Technology, HydoTech, and Lemmo showcased the latest advancements in robotics, outdoor electrical gear, green hydrogen, and eBikes, respectively.

Mr. Kinoshitaanticipated that collaborations with Joy Capital and these innovative entrepreneurs would facilitate business expansion.

Mr. LIU Erhai, Founding and Managing Partner of Joy Capital, expressed gratitude for Panasonic Corporation ofChina'strust and support. He expressed admiration for the Panasonic brand and anticipates that the investment collaborations will foster synergies and strategic partnerships between Joy Capital's portfolio companies and Panasonic.

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SOURCE Joy Capital