Affection Animal Pharmaceuticals Raises Hundreds of Millions in Series C Funding, with CEC Capital Serving as Exclusive Financial Advisor

Today, Affection Animal Pharmaceuticals successfully completed a Series C funding round worth hundreds of millions of yuan. This equity financing was co-led by Yuanxi Haihe Fund and Songqing Shenhui Jiarui Private Investment Fund, with Guohai Innovation Capital, Stars Capital, and GSR Capital participating as followers. SND, as an existing shareholder, continued to invest additional funds. In addition to the equity portion, this round of funding further supplemented the company's long-term capital through a ten-year debt financing.

CEC Capital served as the exclusive financial advisor to Affection Animal Pharmaceuticals in this transaction.

Affection Animal Pharmaceuticals is a leading Chinese pet vaccine company dedicated to researching, developing, registering, and producing world-class pet vaccines. It aims to address the long-standing issues of limited varieties and strain matching in the domestic pet vaccine market. Its product pipeline covers important pet vaccine varieties that are lacking in China, globally innovative vaccines targeting both Chinese and international markets, as well as domestically produced alternatives and upgrades to existing imported pet vaccines. The company's founder and CEO, Dr. Zhu Xianzhu, has held positions such as Executive Vice President, Chief Scientific Officer, Chief Biologics Officer, and Global Head of Research and Development at multinational companies including Fort Dodge Animal Health, Pfizer Animal Health (now Zoetis), Lilly Animal Health, and CEVA Animal Health. The Affection Animal Pharmaceuticals team, which he has assembled and leads, has developed and registered over a hundred animal vaccines and drugs, making it one of the most experienced and accomplished teams in the field of pet vaccine research and development globally. To date, Affection Animal Pharmaceuticals has received five rounds of funding, including investments and support from multiple USD and RMB private equity investment funds, industrial capital, and local guidance funds.