Xingchenxin has completed a series A financing of over 300 million yuan.

Recently, Xingchen New Energy completed a Series A financing round of over 300 million RMB. This round of investment includes Citic Securities Investment, Sichuan Province Green Low-carbon Industry Fund, Changshi Investment, and Shaoxing Xinghui Fund. According to Xingchen New Energy, after the completion of this financing round, the company will continue to increase its research and development in vanadium liquid flow technology and the construction of trading and operation platform systems, strengthening its power plant operation capabilities. The company will focus on promoting the application of the trading-type mixed energy storage power station model in more regions.