E-Power Guizhou JV receives RMB 110 million in capital increase
EPOW•E-Power’s Guizhou joint venture received RMB 110 million of a RMB 200 million capital increase at a RMB 2.0 billion post-money valuation. The proceeds will fund business expansion, working capital, research and development, and new projects.
1. Capital increase
E-Power’s Guizhou joint venture received RMB 110 million of a RMB 200 million capital increase at a RMB 2.0 billion post-money valuation. The joint venture plans to use the proceeds for business expansion, working capital, research and development, and new projects.
