Beijing Songyan Power Technology Group Co., Ltd. announced that it has received CNY 10 billion in funding from Contemporary Amperex Technology Co., Limited, Beijing Industrial Developing Investment Management Co., Ltd., CAS Investment Management Co., Ltd., other investors
Beijing Songyan Power Technology Group Co., Ltd. announced that it has received CNY 10 billion led by new investor Contemporary Amperex Technology Co., Limited on March 2, 2026. The company issued convertible preferred shares in the transaction. The transaction includes participation from new investors Beijing Jingguosheng Investment Fund (Limited Partnership), a fund managed by Beijing Industrial Developing Investment Management Co., Ltd., CAS Investment Management Co., Ltd., Jiuhu Chuangtou, and other investors.
Contemporary Amperex Technology Co, Ltd. is specialized in the design, manufacture and marketing of automotive battery systems. Products include energy storage solutions, energy storage batteries and lithium-ion rechargeable batteries for electric vehicles (passenger cars, buses, trucks, etc.).
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Beijing Songyan Power Technology Group Co., Ltd. announced that it has received CNY 10 billion in funding from Contemporary Amperex Technology Co., Limited, Beijing Industrial Developing Investment Management Co., Ltd., CAS Investment Management Co., Ltd., other investors
