19
Dec
09:48
Sino Fuel Cell Engine completes CNY 4.5 billion series B financing
Sino Fuel Cell Engine has completed its series B financing and raised about CNY 4.5 billion ($645.63 million).
So far, this is the largest single equity financing in scale. After this investment, the company's valuation is about CNY 1.3 billion. Its investors include National Green Development Fund (NGDF), National Manufacturing Industry Transformation and Upgrade Fund, and Sichuan Provincial Investment Fund.
According to the company, it will soon…
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Anonymous
Very good overview of the weekly steel market.
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