Portfolio Company of Venture Capital Group, Ruiyuan Industry, Wins First Prize in Jiangsu Provincial Competition of "Maker China"
September 29, 2025

Recently, the finals of the 10th "Maker China" Jiangsu SME Innovation and Entrepreneurship Competition concluded successfully in Nanjing. Guided by the Jiangsu Provincial Department of Industry and Information Technology, hosted by the Jiangsu SME Development Center, and co-organized by the Industry and Information Technology Bureaus and Enterprise Development (Service) Centers of all prefecture-level cities in the province, the competition saw 30 high-quality projects stand out and advance to the finals after rigorous selection through 13 regional competitions and 5 thematic competitions across the province. These projects competed fiercely in dimensions including technological innovation, market potential, team strength, and industrialization prospects. Following comprehensive evaluation by expert judges and on-site notarization, Nanjing Ruiyuan Industrial Internet Co., Ltd. (hereinafter referred to as "Ruiyuan Industry"), a portfolio company of the Venture Capital Group, ultimately won the First Prize in the Entrepreneurship Group with its project "Intelligent Sensing Application Based on IO-Link Technology" and will represent Jiangsu Province in the national finals.

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Ruiyuan Industry has always adhered to an independent and controllable development path. Starting from sensors, the most basic layer of industrial automation, it has broken the foreign technological monopoly, reconstructed the underlying architecture of industrial communication, and provided a complete, reliable, low-cost, and intelligent IO-Link technology solution for domestic industrial sensors. Currently, it has gained recognition from a number of leading enterprises in the sensor and automation fields. Industrial communication plays a crucial role in the automation field. Ruiyuan Industry has accurately identified the pain point of the lack of communication technology in the sensor market, faced the challenge head-on, and is committed to narrowing the technological gap with the international advanced level, achieving a major leap from "no one dares to use" to "everyone can use".

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In April 2025, Nanjing Innovation and Venture Capital Group led and completed the angel round investment in Ruiyuan Industry. This investment not only reflects the market's high recognition of Ruiyuan Industry's domestic independent industrial protocol stack technology but also provides strong endorsement for its technological application and brand building. In the future, Nanjing Innovation and Venture Capital Group will continue to uphold the concept of "investing in early-stage, small-scale, and technology-based enterprises", discover and cultivate high-quality start-ups with growth potential. Through the dual empowerment of "capital + services", it will provide full-life-cycle support for enterprises, strengthen follow-up investment and industrial collaboration, grow together with more innovative entities, and contribute to the technological innovation and industrial upgrading of Nanjing and even Jiangsu Province.

Source: Ruiyuan Industry; Gao Bingxun, Future Angel Investment Department

Review: Xue Yao

Release: You Yi