Energy

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.

Tenpower raises prices of cylindrical lithium batteries amid increasing shipment volumes

Dongguan Aohai Technology started its listing on the SME Board of the Shenzhen Stock Exchange on August 17.

Qingneng Technology has recently completed an angel round of financing worth tens of millions of yuan, which was invested by Feng Yang Capital.

On August 10, Xlvren added a new investor, Tencent, with 2% stake.

Recently, China’s first cyber security laboratory in the field of new energy was officially opened in China Longyuan Power Group under CHN Energy.

On July 31, Energy Mart, or Jhnyh.com, announced the completion of its Series A+ financing round worth tens of millions of yuan.

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.

According to the National Energy Administration (NEA), as of the end of June 2020, there were 1.322 million charging piles in the country, including 558,000 public charging piles, ranking first in the world, Xinhua News Agency reports.

On July 13, Ramtoss announced the completion of a multimillion-yuan Series A financing round.