Weineng announced today that it has completed a total of nearly 1 billion yuan in Series C equity financing. On the basis of additional investment from the founding shareholders and the introduction of two shareholders, Haining Economic Development and Hainan Chengmai, the company has now further introduced state-owned capital shareholders in Dongpo District of Meishan City. According to reports, the company will use this round of equity financing funds in fields such as battery asset business investment, transformation and implementation of industrial achievements, and investment in technology research and development.

Weineng announced today that it has completed a total of nearly 1 billion yuan in Series C equity financing. On the basis of additional investment from the founding shareholders and the introduction of two shareholders, Haining Economic Development and Hainan Chengmai, the company has now further introduced state-owned capital shareholders in Dongpo District of Meishan City. According to reports, the company will use this round of equity financing funds in fields such as battery asset business investment, transformation and implementation of industrial achievements, and investment in technology research and development.