Haichen Energy Storage completed RMB 4.5 billion in Series C financing, with a valuation of RMB 30 billion

In July 2023, Xiamen Haichen Energy Storage Technology Co., Ltd. completed a C round of financing of RMB 4.5 billion, with a post-investment valuation of approximately RMB 30 billion. The financing was led by China Life Equity and Financial Circle Capital, and followed by several institutions including Bank of China Investment and Jinshi Investment.