Shanghai Qiyuanxin Power Technology Co., Ltd. announced that it has recently received CNY 1,500 million in an equity round of funding on January 3, 2024. The transaction included participation from returning investor, China Power International Development Limited, and returning investors, National Green Development Fund Co., Ltd., Shangxian Fund, BOC Financial Asset Investment Co., Ltd., Zhuhai Gree Financial Investment Management Co., Ltd., an equity investment fund of Infore Group Co.,Ltd, Taihang (Shenzhen) Private Equity Industry Fund Management Co., Ltd. and other investors. The transaction has been raised at a post money valuation of over $1,000 million (CNY 7,132.8 million).