Newlink Group
An Internet of Things energy company in China.
Last updated September 1, 2026
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- Nov 4, 2026
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Overview
Newlink Group is an Internet of Things energy company in China. According to its official website, it is dedicated to improving the stability and efficiency of the global transportation energy network. It operates multiple business segments including Tuanyou, Newlink Smart Charging, Nengcheng Technology, Newlink Cloud, Zhongnenglian, Newlink Convenience, and Newlink Enterprise Services, covering the entire energy industry chain.
History
According to the official website, Newlink Group is a Chinese private enterprise ranked among the top 500 in China, and is one of the enterprises in China focusing on energy digitalization. It has also received honors such as the Global New Energy 500 and domestic and international unicorn status. The company's mission is to improve the stability and efficiency of the global transportation energy network. Its annualized transaction volume exceeds 100 billion yuan, accounting for about 3% of China's energy retail share. Over seven years, it has developed a business model called 'Connection as a Service' (NewLink as a Service), connecting all participants in the upstream and downstream of the industry and providing services. Newlink has cooperated with tens of thousands of gas stations, and its new energy business covers more than 77,000 charging stations. It has built an energy IoT digital middle platform, pre-installing refueling and charging services into the smart cockpits of mainstream automakers in China. The Tuanyou app covers about 1,800 towns across the country. Newlink serves over 100 million car owners and tens of thousands of enterprise customers. Under Newlink Holdings, there are four subsidiaries: Newlink Smart Charging (NASDAQ: NAAS), which landed on Nasdaq on June 13, 2022, and is the first Chinese charging service stock; Zhongnenglian, a leading domestic energy asset operator; Newlink Enterprise Services, a provider of enterprise-level digital energy solutions; and Nengcheng Technology, which focuses on direct supply of oil products and is a third-party hazardous chemical smart supply chain service provider. Shareholders include Bain Capital, China Merchants Capital, CICC Capital, China Resources Capital, CMB International, CCB Trust, Xiaomi Group, Joy Capital, NIO Capital, National SME Development Sub-fund, Shandong High-speed Holdings, and International Green Fund, among other well-known domestic and international investment institutions. In 2022, Newlink achieved annual carbon emission reduction of 2.159 million tons, an increase of 108% compared to 2021.
Recent events
Nengchain named an annual pioneer enterprise[6]
Nengchain was named an annual pioneer enterprise in the 2021 China.com Technology Enterprise Pioneer List. The article says the selection recognized its innovation capabilities and technical strength in areas including energy-industry digitalization.
Reported
Nengchain and Hainan International Energy Exchange begin strategic cooperation[7]
Nengchain and Hainan International Energy Exchange completed their first refined-oil supply-chain finance transaction, marking the formal start of their strategic cooperation.
Reported
Nengchain completes strategic funding round[8]
Nengchain announced that it completed a new strategic funding round of $200 million, led by Bain Capital, with existing investor Joy Capital also participating. The article says strategic-round financing raised during the year totaled $300 million when combined with an earlier $100 million financing.
- Unconfirmed
Nengchain Group completes $100 million strategic financing[9]
Nengchain Group announced that it had completed a $100 million strategic financing round, led by CMB International, with other investors participating and existing shareholders adding investment.
Reported
Nengchain completes RMB 900 million Series D funding[10]
Nengchain announced that it had completed RMB 900 million in Series D financing, led by a fund under CICC Capital, with Xiaomi Group and previous investors also participating.
Reported
Nengchain announces its Nengchain Cloud service[10]
Nengchain announced its Nengchain Cloud business, a cloud-based industry solution drawing on its TuanYou and KuaiDian traffic and incorporating SaaS, AI and EIoT technologies.
Reported
Companies selected for KPMG China automotive technology ranking[11]
KPMG published its third China leading automotive technology companies list, which included Byton, Chehaoduo, Teld, and Nengchain Group.
Sources13 sources
- 1NewLink能链官网 能链集团-团油信息newlink.com
- 2关于我们newlink.com
- 3大事记newlink.com
- 4能链便利newlink.com
- 5Newlink Groupwikidata.org
- 6能链获评年度先锋企业hy.stock.cnfol.com
- 7能链与海南国际能源交易中心启动战略合作finance.sina.com.cn
- 8能链完成战略融资finance.sina.com.cn
- 9能链集团完成1亿美元战略融资hy.stock.cnfol.com
- 10能链完成9亿元D轮融资tech.sina.com.cn
- 11多家企业入选毕马威中国汽车科技榜单tech.sina.com.cn
- 12能链完成3亿美元战略融资,由贝恩资本(Bain Capital)领投finance.sina.com.cn
- 13能链完成9亿元D轮融资,中金、小米、愉悦、蔚来等参与finance.sina.com.cn
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