Langu New Energy completes Series B financing of over 200 million RMB

Langgu New Energy announced the completion of a Series B financing round exceeding RMB 200 million, with investors including Suining Industrial Investment and existing shareholder Jiuzhi Capital. The funds raised will primarily be used for the industrialization of all-solid-state battery electrolyte materials, accelerating the construction of intelligent production lines with a capacity of thousands of tons and the expansion of production capacity to tens of thousands of tons.