Sinorvodic Investment and Consulting AB

The existing business activities has recovered in 2024-2025 financial year. The board has developed new interest in lithium battery recovery technology and have carried out a collaboration project with KTH this year. Hopefully this will become a new growth point for the company.

The existing business activities has recovered in 2023-2024 financial year but still not as much as before the COVID19. The board has developed new interest in Lithium battery recovery technology and decided to invest on it in the coming financial year.

Due to the blocking of international traveling by the COVID pandemic, the previous Chinese customers chose to pause their collaboration with our company. Therefore, the company did not get any income in this financial year. However, we still maintained our business activities and hopefully the customers will come back to us in the near future.

We managed to continue the cooperation with Suzhou city, China for organizing the WinTheFuture venture competition Swedish division online. This is where the main revenue of 2021-2022 comes from

Due to the COVID-19 pandemic, the planned "WinTheFuture" international venture contest (Nordic section) was cancelled. Following previously signed contract, we continued to provide consultancy to Suzhou city for how to attracting Nordic tech-based SMEs for establishing their operation in China, in an online form. This activity has created all revenue of 2020-2021 for the company.

For example, for the last two continuous years, we have hosted the international venture contest (Nordic section) in Stockholm for the 7 th biggest city in China, Suzhou. We have also provided consultancy to Suzhou city for how to attracting Nordic tech-based SMEs for establishing their operation in China. These activities have created the main revenues of the company. The company have also developed a new customer during 2019 which is Scandinavia Haining Center AB.