Tianjian Group and others jointly established a private equity fund to lay out new energy storage business.

On March 6, Tianjian Group, Shenzhen Capital Group, and Xinwangda Company jointly initiated the establishment of the Yuzhi Jianxin Energy Storage Asset Private Equity Fund. The total size of the fund is 500 million yuan, and it will focus on high-quality projects in the new energy storage fields such as electrochemical energy storage-based new energy storage stations, integrated solar energy storage charging stations, and energy management systems. Currently, the fund has reserved a batch of high-quality projects covering key regions such as Guangdong, Zhejiang, Anhui, and Hebei.