Zhejiang Capon New Materials Co., Ltd. Secures 37.6 Million Yuan Strategic Investment for Battery Materials Production

Published: Jan 5, 2024 09:22

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Zhejiang Capon New Materials Co., Ltd. Receives 37.6 Million Yuan Strategic Investment

Zhejiang Capon New Materials Co., Ltd. signed a equity investment agreement with investors such as Qingdao Mingheda Graphite New Materials Co., Ltd. and Huzhou Avocado Investment Partnership Enterprise (Limited Partnership) on January 2, 2024, and successfully received a strategic investment of 37.6 million yuan. It is reported that the funds from this financing will be mainly used for the production of 5000 tons of negative electrode coating materials and 10,000 tons of sodium-ion battery hard carbon negative electrode materials at Zhejiang Capon New Materials Co., Ltd.

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