Zhiguang Energy Storage Completes New Round of Financing

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Zhiguang Energy Storage completed a new round of financing of 618 million yuan, introduced several strategic investors such as China Southern Power Grid Equity Investment Fund, and the pre-investment valuation was 1.8 billion yuan. China Energy Construction invested 6.44% in China Southern Power Grid Equity Investment Fund and became one of the shareholders together with 11 other LPs.