Star Energy Xuan Guang completes tens of millions of yuan in Pre-A round financing, with Ant Group leading the investment.

Recently, Xingneng Xuanguang completed a pre-Series A financing of hundreds of millions of yuan. This round of financing was led by Ant Group, with Hidden Mountain Capital, Zijin Mining, Beyond Era, Heart Capital, Yuanhe Puhua, Liangmei Holdings, and Dinghe Gao Da following suit. Existing shareholders Minbanc International and Renfa Xineng continue to increase their investments. This round of financing will mainly be used to enhance the performance of existing installations, deploy key technologies, and expand the team to advance the company's unique "field-reversed configuration" fusion energy technology route.