Hoypower Completes Hundreds Of Millions Of Yuan In Series A+ Financing

Published: Mar 27, 2026 14:18

Save

Recently, Shenzhen Hoypower Technology Co., Ltd. announced the completion of a Series A+ financing round worth hundreds of millions of yuan. Since the mass production of its solid-state batteries, Hoypower's revenue scale has achieved a compound annual growth rate exceeding 100%, with cumulative shipments surpassing 100 million units. Its large-scale delivery capabilities have been highly recognized by leading customers. Hoypower has successfully achieved key technological breakthroughs in solid-state batteries, including silicon-based anode systems with an energy density ≥400Wh/kg and lithium metal anode systems with an energy density ≥500Wh/kg. These advancements can meet the demands of low-altitude economy unmanned aerial vehicles for high safety and long endurance.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.hoursAgo

【SMM Analysis】 EV Sales Are No Longer the Sole Anchor of Power Battery Demand

Common.Time.hoursAgo

Wanhua Chemical's Lithium Iron Phosphate Project: Phase I Commences Production, Phase II Breaks Ground

On the morning of March 28, Wanhua Chemical's Wanhua Haiyang Green Electricity Industrial Park held a ceremony in Longshan Subdistrict, Haiyang City, Yantai City, Shandong Province, marking the commencement of production for Phase I and the groundbreaking for Phase II. This industrial park is a landmark project for Wanhua Chemical's strategic transformation into "chemicals + new energy" and its expansion into battery materials as a second core business. Covering a total area of approximately 1,850 mu, the park involves a planned total investment of 16.8 billion yuan. It has been designated as a major project in Shandong Province for 2025, a provincial source-grid-load-storage integrated pilot project, and a provincial green electricity industrial park pilot zone.

Common.Time.hoursAgo

EVE: 2025 Net Profit Reached 4.134 billion yuan, up 1.44% YoY

EVE announced that in 2025, operating revenue was 61.47 billion yuan, up 26.44% YoY; net profit was 4.134 billion yuan, up 1.44% YoY. The company planned to distribute a cash dividend of 2.45 yuan (tax inclusive) for every 10 shares to all shareholders.

Common.Time.hoursAgo