Energy
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SVOLT starts mass production of cobalt-free batteries
SVOLT became the world’s first battery company in the cobalt-free battery sector and successfully achieved its mass production.
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China starts world’s biggest carbon emissions trading market
China’s national carbon emissions trading market was launched on July 16.
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China’s steel enterprises profits 207.4 billion yuan in 2020, with YoY increase of 6.59%
Preliminary statistics show that in 2020, the sales revenue of key iron and steel enterprises was 470.3 billion yuan, a year-on-year increase of 10.86%; total profits were 207.4 billion yuan, a year-on-year increase of 6.59%; average sales profit margin was 4.41%, a year-on-year decrease of 0.18 percentage points.
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Cylindrical lithium batteries raised prices amid increasing shipment volumes
Tenpower raises prices of cylindrical lithium batteries amid increasing shipment volumes
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Leading charger producer Aohai Technology listed in SME Board
Dongguan Aohai Technology started its listing on the SME Board of the Shenzhen Stock Exchange on August 17.
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Qingneng Technology closes multimillion-yuan angel round
Qingneng Technology has recently completed an angel round of financing worth tens of millions of yuan, which was invested by Feng Yang Capital.
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Tencent invests in Xlvren with a 2% stake
On August 10, Xlvren added a new investor, Tencent, with 2% stake.
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China’s first cybersecurity lab in new energy opened
Recently, China’s first cyber security laboratory in the field of new energy was officially opened in China Longyuan Power Group under CHN Energy.
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Energy Mart closes multimillion-yuan Series A+ round
On July 31, Energy Mart, or Jhnyh.com, announced the completion of its Series A+ financing round worth tens of millions of yuan.
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Runchengda closes multimillion-yuan Series A+ round
On July 27, Runchengda, a provider of charging terminals and power IoT service, completed a multimillion-yuan Series A+ financing round led by Jiyun New Infrastructure Fund, with Cloud Joy Capital serving as the sole financial advisor.
