Xinlian Power Technology (Shaoxing) Co., Ltd. announced that it has received investment in a round of funding on October 26, 2023. The transaction included participation from new investors Ningbo Meishan Bonded Port Area Chaoxing Venture Capital Partnership Enterprise (LP), Ningbo Meishan Bonded Port Area Chendao Investment Partnership Enterprise (L.P.), Shanghai Shangqi Investment Management Partnership Enterprise (Limited Partnership), Shanghai SAIC Hengxu Investment Management Company Limited, Rockets Capital, Liling Private Equity Fund Management (Jiangsu) Co., Ltd., Sungrow Power Supply Co., Ltd., Boyuan Private Equity Capital Management Company Ltd., Xinlian (Beijing) Equity Investment Partnership (Limited Partnership), Yaoxin Microelectronics Technology (Shanghai) Co., Ltd., and Shenzhen Jianwang Technology Co., Ltd.