HestiaPower announced that it has received CNY 600 million in a round of funding on September 28, 2021. The transaction included participation from new investors Contemporary Amperex Technology Co., Limited, Guangzhou Automobile Industry Group Co. Ltd., SDIC Capital Co.,Ltd and returning investors SAIC Capital Company Limited, Shenzhen Inovance Technology Co.,Ltd. The registered capital of company increased from CNY 160 million to CNY 192 million.