Fukang Luneng New Energy Co., Ltd. announced that it has raised CNY 596 million in an equity round of funding on October 12, 2023. The transaction involved participation from new investor China Green Electricity Investment of Tianjin Co., Ltd. The transaction has been approved in the 41st Meeting of the Company?s 10th Directorate held on October 12, 2023, and does not need the Shareholders? Approval.