Ruigu New Materials Completes Over 100 Million Yuan Angel Round Financing

Ruigu New Materials recently completed an angel round of financing of more than 100 million yuan, led by Chengming Capital, followed by Longyou County Industrial Fund and Zijingang Capital. The funds will be used to promote the construction of the first phase of the all-solid-state electrolyte production project, which is expected to be completed and put into production in the first half of 2025.