Guangxi Ningfu New Energy Technology Co., Ltd. announced that it has received CNY 1.61038 billion in funding from Do-Fluoride New Materials Co., Ltd., Nanning Kesheng Energy Power Investment Fund Partnership Enterprise (Limited Partnership)

On November 2, 2023, Guangxi Ningfu New Energy Technology Co., Ltd. closed the transaction. The transaction was approved by the board of directors of Do-Fluoride New Materials Co., Ltd. at its 6th Extraordinary Shareholders Meeting of 2023.