Category: Press

SINGAPORE, September 28, 2026 — Luckin Coffee Inc. (“Luckin Coffee”, “Luckin” or the “Company”) (OTC: LKNCY) today announced the opening of its 100th store in Singapore. After launching its international operations in Singapore in 2023, Luckin Coffee has grown into the second-largest coffee chain by store count locally, with over 1.9 million cumulative transacting customers in the local market, establishing Singapore as a key benchmark for its global expansion.

Representatives from the Chinese Embassy in Singapore, Singapore Economic Development Board (EDB), the Brazilian Trade and Investment Promotion Agency (ApexBrasil), Temasek, CapitaLand and the Institute of Mental Health (IMH) joined Luckin Coffee’s executive team at the opening ceremony of the 100th store.

Singapore boasts one of the world’s most dynamic coffee landscapes — where deep-rooted daily habits meet a rich, diverse coffee culture. Its highly inclusive and pro-innovation business environment makes it a key hub connecting Asia to global markets. “In 2023, it became our very first home outside China, guided by our vision to build a world-class coffee brand, woven into everyone’s daily life,” said Mr. David Li, Chairman and CEO of Centurium Capital and Chairman of Luckin Coffee. “Three years on, that bold step has paid off. Today, Luckin is proud to stand as Singapore’s second-largest coffee chain by store count. Our growth is driven by deep localization — adapting our digital capabilities, continuous product innovation, and global supply chain to Singapore’s unique market. Singapore also proves that our model travels well.”

Tailored to local consumer preferences, Luckin has launched over 130 innovative products in Singapore, including locally exclusive, Southeast Asian flavor-inspired offering such as the pandan, brown sugar and Milo series, which have earned favorable market feedback. Two of its signature drinks — Coconut Latte and Little Butter Latte — have each surpassed 2 million cups in cumulative local sales. Luckin has also adapted its product offerings to meet local wellness preferences and comply with Singapore’s mandatory Nutri‑Grade grading system, introduced by the Ministry of Health (MOH). Since January 2026, all beverages on Luckin Coffee’s menu in Singapore have been rated from Grade C and above, reflecting the Company’s efforts to offer choices that balance taste with healthier options.

Luckin Coffee’s store network in Singapore spans prime commercial zones, residential estates, transport hubs, hospitals and universities, serving a diverse mix of office workers, local residents and international tourists. Luckin has opened its 100th store in Bugis, a key transport nexus blending historic heritage and modern vibrancy. The area’s diverse and youthful customer profile closely aligns with Luckin’s brand positioning, demonstrating the brand’s growing local roots and closer connections with diverse consumer groups. Constructed to LEED Gold certification standards, the outlet also extends Luckin’s green and low‑carbon commitments to its global operations.

The Singapore journey demonstrates that the Company’s business model is internationally adaptable, strengthening its confidence in global expansion. Singapore also exemplifies Luckin’s growing footprint: as of today, the brand has served over 500 million customers and operated more than 38,000 stores across China, Singapore, Malaysia and the United States.

As it advances its global expansion, Luckin is committed to delivering sustainable social value alongside commercial success and creating benefits for the communities across the markets it serves. With its local operations growing steadily, Luckin’s Singapore team now stands at over 860 employees, generating lasting local employment. Marking the opening of its 100th store in Singapore, the brand has launched a new local community initiative: a long‑term partnership with the Institute of Mental Health (IMH), a public healthcare institution, and its affiliated charity, Woodbridge Hospital Charity Fund (WHCF), to promote public awareness of mental health. Earlier, Luckin Coffee collaborated with WHCF and IMH to showcase and sell art merchandise created by mental health service users at its outlets, turning everyday purchases into a way to support the community. Together, its social outreach and green operations bring the Company’s “Being a Force for a Brighter Future” sustainability strategy to life in overseas markets.

“We are heartened to see Luckin deepen its presence in Singapore, creating job opportunities and contributing to the community. As Luckin grows as an international brand, we look forward to working closely with the company to strengthen Singapore’s role as a key hub supporting its global growth ambitions,” said Mr. NG Ming Liang, Global Enterprises, EDB.

On the supply chain side, Luckin leverages the scale of its consumer demand to build connections with coffee-growing and other raw ingredient-producing regions worldwide. Sourcing quality coffee beans from Brazil, Colombia, Ethiopia, and Yunnan, China, and other agricultural products such as coconuts from Indonesia, Luckin drives the collaborative development of the global coffee value chain through large-scale procurement and sustained investment in local farming communities.

“Our focus extends far beyond scale — we remain committed to creating lasting value and positive social impact in every community we serve. Looking ahead, we will continue deepening our presence in Singapore, elevating daily coffee experiences, and creating enduring value for our community”, said David Li.

Mubadala to invest alongside Centurium Capital, reflecting its long-term confidence in China’s consumer sector.

(ABU DHABI / BEIJING – 10 September 2026) — Mubadala Investment Company (“Mubadala”), an Abu Dhabi-based global investor, today announced that it has agreed to make a significant minority investment in Luckin Coffee Inc. (OTC: LKNCY) (“Luckin Coffee” or the “Company”), alongside Centurium Capital (“Centurium”), the Company’s controlling shareholder. The aggregate transaction value is approximately US$1 billion.  

The investment comes as China’s coffee market continues to expand, with more consumers choosing freshly brewed coffee and existing coffee drinkers consuming it more frequently.

“We continue to see compelling long-term opportunities in China’s consumer sector,” said Mohamed Albadr, Head of Asia, Private Equity at Mubadala. “Luckin Coffee has built a differentiated, technology-enabled business with data embedded across customer engagement, product development and store operations. This combination of scale, digital capabilities and rapid product innovation has enabled the Company to respond to evolving consumer preferences efficiently and at pace. Building on our longstanding partnership with Centurium, we look forward to working alongside Luckin Coffee’s management team to support the Company’s next phase of growth in China and internationally.”

“We are pleased to welcome Mubadala as an investor in Luckin Coffee,” said Michael Chen, Partner of Centurium Capital. “We are confident that Mubadala’s sector knowledge combined with its global perspective and network will support Luckin Coffee’s continued innovation and long-term development.”

Founded in 2017, Luckin Coffee has grown into one of China’s leading coffee platforms, built around a technology-driven retail model designed to make high-quality coffee more convenient and accessible. The Company combines an extensive store footprint with digital customer engagement, rapid product innovation and integrated supply chain capabilities. As of June 30, 2026, Luckin Coffee operates more than 36,000 stores globally, with its cumulative number of transacting customers approaching 500 million.

Completion of the transaction is subject to customary closing conditions.

About Mubadala

Mubadala Investment Company is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for the Government of Abu Dhabi.

Mubadala’s US$385 billion portfolio spans six continents with interests in multiple sectors and asset classes. We leverage our deep sectoral expertise and long-standing partnerships to drive sustainable growth and profit, while supporting the continued diversification and global integration of the economy of the United Arab Emirates.   

For more information about Mubadala Investment Company, please visit: www.mubadala.com

About Centurium Capital

Centurium Capital is a private equity investment firm focused on the consumer, healthcare and technology sectors in China. Founded in 2017 with approximately US$7 billion in assets under management, Centurium has built a portfolio of investments primarily comprising control and joint-control positions. With a hands-on, operation-centric “Control & Operate” model, the firm provides bespoke solutions for companies and management teams faced with complex governance and management issues through business innovations and operation upgrades.   For more information about Centurium Capital, please visit: www.centurium.com

Qingdao, China, April 22 – Leading retail coffee chain Luckin Coffee (“Luckin” or “the Company”, OTC: LKNCY) today announced the commencement of operation at its advanced smart roasting center in Qingdao, Shandong Province, China. With a total investment of approximately RMB 3 billion and an annual roasting capacity of over 55,000 tons, equipped with the world’s largest single coffee roaster. The facility marks another step forward in Luckin’s global supply chain with improved capacity and efficiency, driving progress in the intelligent and green transformation of China’s coffee industry.

The commissioning of the Qingdao smart roasting center empowers Luckin to establish a synergized roasting network spanning four key locations — Qingdao, Pingnan, Kunshan and Xiamen (under construction) — with a combined roasting capacity expected to exceed 155,000 tons, setting a new industry record for coffee roasting capacity in China.

Leveraging the robust import strength of Qingdao Port, one of China’s key foreign trade hubs, Luckin enables direct end-to-end shipment of green coffee beans from major global origins including Brazil, Colombia and Ethiopia to its local production facilities. Supported by Qingdao’s integrated sea, land, air and rail logistics network, Luckin achieves efficient end-to-end coverage spanning raw bean procurement to end consumption.

Dr. Jinyi Guo, Co-Founder and CEO of Luckin Coffee, stated that Qingdao’s inherent advantages in port logistics, bonded processing and multi-modal transport underpin Luckin’s comprehensive value chain strategy spanning port-side manufacturing, bonded processing and global consumer markets. The commissioning of the roasting center represents a key milestone in Luckin’s full value chain deployment. Focused on technological innovation and sustainable development, the Company advances the upgrading of China’s coffee sector while bringing premium product experiences to consumers across the globe.

Luckin Coffee’s innovative roasting facility is equipped with globally competitive intelligent systems, including the world’s largest single coffee roaster and high-capacity in-house packaging equipment leading across Asia. A full-process automated production model, constant temperature and humidity smart warehousing, alongside the FRTO (Flameless Regenerative Thermal Oxidation) flameless regenerative thermal oxidation system, chart a solid path for the continuous upgrading of digital manufacturing and low-carbon operations. Designed in strict compliance with China’s Three-Star Green Building standard and LEED Platinum certification, the center underscores Luckin’s commitment to eco-friendly and low-carbon production.

Looking ahead, Luckin will continue to deepen its full coffee value chain layout, authoring a new chapter for the high-quality development of China’s coffee industry, while empowering Chinese coffee brands to make steady strides onto the global stage.

April 1, 2025 – Centurium Capital announced today the successful completion of its acquisition of Ruhlamat Automation Technology (Suzhou) Co., Ltd. and its global subsidiaries and affiliates (collectively referred to as the “Ruhlamat Group” or “Ruhlamat”). This strategic acquisition positions Ruhlamat Group for accelerated global expansion and marks the beginning of its next phase of growth.

Ruhlamat was founded in Germany and established its China headquarters in Suzhou in 1998.

Over the past two decades since its inception, Ruhlamat Group has developed a global presence with operations spanning over 20 countries across Europe, the Americas, and Asia-Pacific. Through its network of subsidiaries and technical service centers in India, Mexico, and the Czech Republic, the company has successfully delivered more than 2,500 automated production lines to leading manufacturers in automotive components, new energy vehicles, medical devices, consumer electronics, home appliances, semiconductors, and industrial equipment sectors.

Centurium Capital made the equity acquisition of the Group through Ruhlamat (Singapore), a holding entity. As the Group’s new holding headquarters, Ruhlamat (Singapore) will own the rights to the “ruhlamat” and its Chinese name “儒拉玛特” brands and trademarks.  

Charles Lin, Managing Director of Centurium Capital, commented: “We are very impressed by Ruhlamat’s leadership and unique positioning in the industrial automation sector. Leveraging our industry resources, operational expertise, and capital strength, we will serve as a strong partner to support the company’s next phase of growth and innovation. As smart manufacturing becomes increasingly crucial in the new industrial revolution, we have strong confidence in both China’s manufacturing sector and Ruhlamat’s future prospects.”

Facing the transformative opportunities presented by global manufacturing’s digital and intelligent transformation, Ruhlamat is best positioned to establish itself as the world’s premier one-stop smart manufacturing solutions provider. By combining German engineering excellence with China’s manufacturing efficiency through optimized operational management and synergies, the company will significantly enhance its market competitiveness. Ruhlamat remains committed to delivering superior smart manufacturing solutions and services to its global clients, according to Mr. Lin.

With Centurium Capital’s strategic support and resources, Ruhlamat Group is actively expanding its global footprint, strengthening its teams and service capabilities in key markets including Germany, the United States, Mexico, and Malaysia to better serve its worldwide customer base.

Centurium Capital is a leading private equity firm with approximately USD 7 billion of assets under management. The firm focuses on investments in China’s healthcare, technology, consumer, and business services sectors.  With a hands-on, operation-centric “Control and Operate” model, Centurium provides bespoke solutions for companies and management teams faced with complex governance and management issues through business innovations and operation upgrades.

 

Kunshan, Jiangsu, April 24, 2024 — Luckin Coffee announced the official commencement of operation of the new roasting plant in Kunshan, Suzhou City of Jiangsu Province. With a total planned investment of $120 million and an annual roasting capacity of 30,000 tons, Luckin Coffee (Jiangsu) Roasting Plant is the largest coffee roasting plant in China to date.

Leveraging advantages in intelligent manufacturing and automation, this new Luckin plant deepens its vertical integration of the coffee supply chain, thereby empowering Chinese coffee industry upgrades with new technology-driven productivity and leading a new trend of high-quality sustainable development.

Mr. David Li, Chairman and CEO of Centurium Capital, and Dr. Jinyi Guo, Chairman and CEO of Luckin Coffee, along with local government officials and its key business partners, attended the opening ceremony.

Luckin Coffee (Jiangsu) Roasting Plant is located within the Kunshan Comprehensive Free Trade Zone. Throughout the production process, it utilizes cutting-edge intelligent equipment from around the world, achieving highly efficient automation in the entire process from green bean processing, coffee bean roasting, packaging, to warehouse logistics. The plant is equipped with the first constant temperature and humidity coffee green bean warehouse in China.

Meanwhile, the plant applies energy-saving and carbon-reducing technologies in areas such as water recycling, solar photovoltaic power generation, and heat recovery, leading the industry in green development and setting a new benchmark for the environmental friendliness of China’s coffee roasting facilities.

Luckin Coffee is committed to building professional capabilities by bridging and expanding the entire coffee industry supply chain and actively contributing to in the rapid growth of China’s coffee industry. In 2021, Luckin Coffee unveiled its first fully automated intelligent roasting plant in Fujian. Leveraging the two major coffee roasting sites in Jiangsu and Fujian, Luckin Coffee boasts a self-processing roasting supply network with an annual capacity exceeding 45,000 tons. This will enable the company to respond more quickly and accurately to consumer demands, as well as fast delivery of high-quality coffee beans to its nationwide stores.

Furthermore, the launch of Luckin Coffee’s “Odyssey to the God Shot (Global Bean Search Journey)” and the completion of the first green coffee bean processing plant in Baoshan City, Yunnan province further enhanced the unique and stable quality of its coffee green bean supply system.

About Luckin Coffee

Luckin Coffee (OTC: LKNCY) has pioneered a technology-driven retail network to provide coffee and other products of high quality, high convenience, and high affordability to customers. Empowered by proprietary technologies, Luckin Coffee pursues its vision to build a world-class coffee brand and become a part of everyone’s daily life. Luckin Coffee was founded in 2017 and is based in China. For more information, please visit investor.lkcoffee.com.

Centurium Capital (“Centurium”) released its 2023 Environmental, Social, and Governance (ESG) Report today, underscoring the firm’s continuous commitment to ESG disclosure. Since Centurium adopted its full ESG Policy in 2020, ESG has become an integral part of Centurium’s investment process, daily operations and development strategy.

The 2023 ESG Report provides a comprehensive overview of Centurium’s established ESG framework, as well as analyses of ESG best practices at its portfolio companies. Through presenting key ESG-related data from 2023 and portfolio case studies, the report showcases the ESG journey of Centurium in the past year. 

David Li, Chairman and CEO of Centurium Capital, pointed out in the report that ESG is the cornerstone to build a long-lasting firm and brand. In today’s challenging environment, Centurium’s unwavering dedication to its ESG strategy remains even more crucial to drive its investments and portfolio companies to create value for employees, investors and broader society.

Centurium became a signatory to the PRI in January 2022. Integrating globally-recognized ESG principles and regulatory requirements, Centurium’s ESG Committee guides and oversees the execution of ESG-related initiatives. ESG-related risks are included in pre-investment screening and due diligence processes, and the ESG findings form the foundation of the post-investment ESG management and monitoring of portfolio companies.

Diversity, Equity and Inclusion (DEI) performance at the portfolio companies is reflected in the 2023 ESG Report for the first time. While the gender balance among employees at Centurium and across portfolio companies is commendable, the report underscores the imperative for enhancing female representation within senior management and boards across portfolio companies. Four female senior executives were featured in the report, and their entrepreneurship and career achievements can inspire more women to succeed in the business world.

The report also covers Centurium’s philanthropic endeavors in 2023, including its advocacy for animal welfare, as well as desert control and afforestation initiatives to rejuvenate the Kubuqi Desert in Inner Mongolia. In addition, the report features sustainable development practices across seven portfolio companies, including Luckin Coffee, UIB Healthcare, Taibang Biologic, MitrAssist, Yigoli, NTX and Meican.

Michael Chen, a Managing Director at Centurium Capital, shares his perspectives and outlines the firm’s future plans to further fortify its ESG endeavors. In his view, ESG is not only critical for risk mitigation, but is a strategic avenue for value creation and the sustainable growth of any business.

Centurium Capital is a leading private equity firm in China focused on investing in the consumer, healthcare, business services and technology sectors. In each vertical, the firm has built an extensive and deep ecosystem, centered around its control and buy-out investments, providing it with unique leverage over business insights and operation synergies. As of December 31, 2023, Centurium has total assets under management (AUM) of over US$7 billion with a portfolio of over 30 companies.

Luckin Coffee recently announced the trial operation of its first green coffee bean processing plant in Baoshan City, Yunnan Province. This facility will help Luckin Coffee further optimize and improve its high-quality supply chain, strengthen its ability to control the quality of coffee beans throughout the entire production process in an effort to introduce high-quality products and experiences to its customers.

Luckin Coffee’s Green Coffee Bean Processing Plant is located in Mang’ai Village, Longyang District, Baoshan City. By introducing the imported micro-water fresh fruit processing production lines from Brazil and Colombia, this Plant has world-class technology in coffee fruit processing with an annual processing capacity of up to 5,000 tons. Meanwhile, this Plant employs cutting-edge environmental-friendly treatment techniques, including self-heating, multi-effect MVR evaporative concentration water treatment technology in the water-washing process for green coffee beans, to achieve zero industrial wastewater discharge; and air-source heat pumps in the drying process of coffee beans, to significantly reduce exhaust emissions thereby integrating sustainable production principles throughout various production stages.

Also, Luckin Coffee plans to establish a training center and an operational center in this Green Coffee Bean Processing Plant, providing training lessons related to coffee planting and processing-related knowledge for Luckin Coffee’s employees and local farmers. With the establishment of this plant, Luckin Coffee will enhance its technical capabilities and research and development abilities in upstream processes of supply chain, such as coffee planting and fresh fruit processing. Additionally, this plant enables the Company to create a higher standard coffee procurement system in Yunnan, while achieving a more standardized and refined green coffee bean processing procedure.

Going forward, Luckin Coffee will continue to optimize the construction of a high-quality coffee supply chain, and continue to provide consumers with coffee products of high quality, high affordability, and high convenience, in hope of boosting the development of China’s coffee market.

Taibang Biologic Group (previously listed as China Biologic Products Holdings, Inc. on the Nasdaq under the trading symbol “CBPO”) (the “Group”) entered into definitive transaction documents for equity raising of US$300 million with a group of investors led by Platinum Orchid, a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), and GIC. China Life and Cinda Kunpeng are participating in this financing round as co-investors.

This is Taibang Biologic Group’s first equity financing transaction since the completion of its privatization in April 2021 by a consortium led by Centurium Capital. The Group has received strong interests from top-tier international and domestic investors, which reflects the capital markets’ high recognition of the Group’s ability to deliver clinical benefits to patients and create value for shareholders.

This round of financing will further optimize the Group’s capital structure, which will help solidify its leading position in the domestic market and attract more stable and extensive resources to support the expansion of plasma stations and the research and development of new products, thereby allowing the Group to achieve more rapid and sustainable growth in the China market.

Founded in 2002, the Group is a leading Chinese biopharmaceutical company that provides a comprehensive range of plasma products, principally engaged in the research, development, manufacturing and sales of human plasma-based biopharmaceutical products, or plasma products, in China. The Group possesses plasma manufacturing sites with leading technology standards and world-class R&D capabilities and plasma product laboratories. The Group has a strong product portfolio covering 10 approved plasma products with over 20 different dosage forms across 3 main categories: human albumin, human immunoglobulin, and human coagulation factors. In addition, the Group also operates a non-plasma products business segment with a number of products such as placental polypeptides, artificial dura mater, artificial nerve sheath, and aponeurosis, as well as a full line of products in the field of neurosurgery under the German brand named Zeppelin. The Group’s products are sold in the vast majority of the provincial medical markets in mainland China. For more information on the Group, please visit: https://www.chinabiologic.com/

About ADIA
Established in 1976, the Abu Dhabi Investment Authority (ADIA) is a globally-diversified investment institution that prudently invests funds on behalf of the Government of Abu Dhabi through a strategy focused on long-term value creation. For more information on ADIA, please visit: https://www.adia.ae.

About GIC
GIC is a leading global investment firm established in 1981 to secure Singapore’s financial future. As the manager of Singapore’s foreign reserves, GIC takes a long-term, disciplined approach to investing and is uniquely positioned across a wide range of asset classes and active strategies globally. These include equities, fixed income, real estate, private equity, venture capital and infrastructure. Its long-term approach, multi-asset capabilities and global connectivity enable it to be an investor of choice. GIC seeks to add meaningful value to its investments. Headquartered in Singapore, GIC has a global talent force of over 1,900 people in 11 key financial cities and has investments in over 40 countries. For more information on GIC, please visit: www.gic.com.sg.

About China Life
China Life Private Equity Investment (“China Life”) is a professional private equity investment platform under China Life. With the investment philosophy of prospect for the future, embrace innovation and create value, China Life Private Equity Investment has made extensive investment layout in the fields of life science, medical technology, medical services and digital healthcare, and has invested in a number of industry-leading medical and healthcare companies in China.

About Cinda Kunpeng
Founded in April 2019, Cinda Kunpeng (Shenzhen) Investment Management Co., Ltd. (“Cinda Kunpeng”) is an investment management firm focusing on mergers and acquisitions, as well as investment in strategic emerging industries in the Guangdong-Hong Kong-Macao Greater Bay Area, creating incremental value by empowering the enterprises in the industries. Cinda Kunpeng mainly participates in equity investments in area of mergers and acquisitions and reorganizations related to listed and pre-IPO companies, providing enterprises with necessary funds, and cooperating with the enterprises in mergers and acquisitions of high-quality assets in the industries. The Merger and Acquisition Fund managed by Cinda Kunpeng focuses on investing in the strategic emerging industries encouraged by the government, mainly including advanced manufacturing, healthcare, and new-generation information technology. Its mission is to promote the transformation and upgrade of real economy in the Guangdong-Hong Kong-Macao Greater Bay Area (including Shenzhen), so as to create incremental value for its investments. Cinda Kunpeng targets to achieve win-win results through specialization and cooperation, resource integration with industry partners, and create a healthy ecosystem to facilitate the development of real economy.

Shanghai/Singapore, August 1, 2022 — NTX™, a global textile technology leader, announced today the completion of nearly US$200 million in a C2 round of financing led by Centurium Capital, with additional contributions from existing shareholder NRL Capital. The funds will be used to accelerate growth and fund operational needs to meet the rapidly rising demand of the expanding customer base.

The funding was secured after the company successfully became a preferred supplier to global international brands such as Adidas. The company also demonstrated continued expansion of its textile manufacturing ecosystem developed around the waterless coloration technology – NTX™ Cooltrans™, with over 100 patents secured.

Headquartered in Shanghai, NTX™ aims to revolutionize the textile industry by introducing NTX™ Cooltrans™, a breakthrough waterless dyeing & printing system that delivers up to 90% in water savings, alongside a dramatic reduction in energy usage and the near elimination of water waste. With NTX™ Cooltrans™ as a foundation, the company has established a Southeast Asia-based ecosystem of textile processing plants to become the next generation sustainable, eco-friendly supply chain partner for the world’s biggest fashion and apparel brands.

Kalvin Chung, Chairman and Co-founder of NTX™ commented, “We welcome the latest round of funding and we’re excited about the future of NTX™. Over the years, we’ve seen NTX™ Cooltrans™ mature into a solution that satisfies and exceeds the requirements of some of the most demanding global brands in the marketplace. Just as important has been the development of our business models that today give us a clear path to scale up NTX™ into a global supply chain solution provider.”

Gary Liu, Managing Director of Centurium Capital, commented, “Through its proprietary dyeing technology, NTX™ brought about revolutionary innovation to the global textile supply chain, effectively solving the long-standing pain points of traditional textile manufacturing of high water and energy consumption and pollution. In addition, NTX™ adds significant value to the industry

by helping improve production efficiency and service capabilities. With ESG as an integral part of our ‘invest to transform’ investment thesis, we look forward to a long-term partnership with NTX to make positive contributions to the sustainable development of the global textile supply chain. ”

Plants and mills of the NTX™ ecosystem, which are rapidly expanding their presence in China and select Southeast countries such as Vietnam, Indonesia, Thailand and Cambodia, are increasingly becoming renowned for their eco-friendly practices, sustainability, and superior employee working conditions. This is inline with the vision NTX™ since its inception and aligned with the requirements that are increasingly in demand by global brands operating in the European Union, the United States and Asia-Pacific regions.

The management team of NTX™ has a rich background in the textile industry complemented by experiences with some of the world’s largest multinationals, with a proven track record of innovation and business development.  

NTX™ continues to establish cooperation with a number of leading textile and garment enterprises, and provides services for dozens of leading international clothing brands. As the world of textile production evolves and new environmental requirements, resource and energy use constraints, and business practice demands are revealed, NTX™ has demonstrated its comprehensive leading edge to meet challenges ahead.

About NTX™

NTX™ is committed to creating revolutionary textile solutions through continuous research and innovation that are ecologically and economically sustainable. The company is driven to achieve a zero-waste benchmark by conserving energy, and reducing and eliminating water use, while never compromising performance or functionality. Its automated and modularizable system solutions allow for local-to-local production, further shortening lead times and cutting down on transportation emissions. Cost is often the unmentionable C word for sustainability, NTX™ believes that sustainability and economics must go hand-in-hand to materialize clean eco-conscious solutions into reality. For more information, please visit www.ntx.global

About Centurium Capital

Centurium Capital is a leading private equity investment firm in China and primarily focuses on investing in China’s healthcare, technology, consumer and business services sectors. As a transformational capital provider with a focus on business model innovation and resolving structural deficiencies to unlock growth potential, Centurium pursues a hands-on and operations-centric investment approach to drive value creation and generate long term shareholder value. For more information, please visit www.centurium.com

June 8, 2022, Beijing – Centurium Capital was ranked 139^th place in the latest 2022 PEI 300 ranking, advancing over 100 places compared with the previous year’s ranking, as released recently by Private Equity International. The ranking marks the total size of funds raised in the last five years as of March 31, 2022 and is regarded one of the most recognized global rankings in the industry.

Over 35 China-headquartered private equity firms secured rankings in the PEI 300 list, which is said to have examined thousands of PE and VC firms in the Americas, Europe and Asia. Centurium Capital raised over US$4.2 billion for its USD and RMB funds since 2018, ranking the 10^th among all China firms in the 2022 PEI 300 list.

Centurium Capital is a leading private equity investment firm in China focused on investing in consumer, healthcare, business services, and technology sectors. The Firm was founded in 2017, with the vision of creating a best-in-class private equity firm in China, grounded on a combination of international private equity investing best practices and China market local expertise.

Centurium Capital has invested in more than 30 companies in China through its multiple RMB and USD funds, and built a balanced portfolio of proprietarily sourced control or joint-control investments and significant minority growth equity investments. With a hands-on, operation centric “Invest to Transform” model, Centurium provides bespoke solutions to companies and management faced with complex deal situations and dynamics to unlock growth potential and brings in or facilitates business transformations enabled by technology and business innovations.