Recently, Shanghai Mufan Power Technology Co., Ltd. announced the completion of two consecutive rounds of financing totaling more than 500 million yuan. Qiming Venture Capital co-led Series B financing and followed up with Series C financing. The financing will mainly be used for the construction of a mass assembly manufacturing center for Mu Fan Power's core products - gas turbines and a factory performance inspection center for high-power complete machines, and to promote the expansion of production of Mufan Power's fully independent intellectual property gas turbines.

Recently, Shanghai Mufan Power Technology Co., Ltd. announced the completion of two consecutive rounds of financing totaling more than 500 million yuan. Qiming Venture Capital co-led Series B financing and followed up with Series C financing. The financing will mainly be used for the construction of a mass assembly manufacturing center for Mu Fan Power's core products - gas turbines and a factory performance inspection center for high-power complete machines, and to promote the expansion of production of Mufan Power's fully independent intellectual property gas turbines.