Fujian Times Nebula Technology Co., Ltd. announced that it expects to receive CNY 200 million in funding from Fujian Nebula Electronics Co., Ltd., Fujian Zhidasheng and Investment Partnership (Limited Partnership), Fujian Jizhi Energy Storage Technology Co., Ltd.
November 29, 2022
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Fujian Times Nebula Technology Co., Ltd. announced that it will receive CNY 200 million in an equity round of funding through capital increase on November 30, 2022. The transaction included participation from Fujian Nebula Electronics Co., Ltd. for CNY 20 million to hold 10% stake, Fujian Jizhi Energy Storage Technology Co., Ltd. for CNY 140 million, Fujian Zhidasheng and Investment Partnership (Limited Partnership) for CNY 40 million. The transaction has been approved at 23rd meeting of the third board of directors and the 17th meeting of the third board of supervisors.
Fujian Nebula Electronics., Ltd is a China-based company principally engaged in the research, development, production and sales of lithium battery detection systems and related products. The Company's main products include lithium battery protection panel testing systems, lithium battery product testing systems, lithium battery pack battery management system (BMS) testing systems, lithium battery pack charging and discharging testing systems, lithium battery pack working condition simulation testing systems, lithium battery module/lithium battery pack (PACK) automatic assembly systems and power battery module/ PACK end of line (EOL) testing systems. The Company distributes its products in the domestic market.
Fujian Times Nebula Technology Co., Ltd. announced that it expects to receive CNY 200 million in funding from Fujian Nebula Electronics Co., Ltd., Fujian Zhidasheng and Investment Partnership (Limited Partnership), Fujian Jizhi Energy Storage Technology Co., Ltd.