Narada plans to use the remaining raised funds to invest in a 4GWh annual energy storage battery and integration project

At the board meeting on January 18, Narada approved the proposal to use the surplus funds raised from the "10 million kVAh new energy battery project" to invest in the "4GWh energy storage battery and integration project". The project is expected to invest 1 billion yuan, started in September 2023, and is expected to be completed and put into production in the first half of 2024.