Gelubo Technology is valued at 750 million yuan

Since its establishment in 2016, Gelubo Technology has developed rapidly, with sales revenue increasing from less than 10 million in 2016 to 25.65 million in 2019. In 2019, Gelubo Technology Co., Ltd. moved into a new plant area of ​​53 acres, including 12,000 square meters of office area, 4,000 square meters of experimental area, and 8,000 square meters of production workshop. Gelubo Technology Co., Ltd. added two production lines in 2019. As of August 2020, the company has a total of ten production lines. The company's financing progress has reached the B+ round, and the current valuation is about 750 million yuan.