Haier New Energy Technology Co., Ltd. announced that it expects to receive CNY 1 billion in funding from ABC Financial Asset Investment Co., Ltd., China Merchants Bank Co., Ltd., Luxin Venture Capital Group Co., Ltd., Shandong Energy Group Capital Management Co., Ltd.
Haier New Energy Technology Co., Ltd. announced that it will receive more than CNY 1,000,000,000 in a round of funding on January 16, 2026. The transaction include participation from new investors ABC Financial Asset Investment Co., Ltd., China Merchants Bank Co., Ltd., Luxin Venture Capital Group Co., Ltd. and Shandong Energy Group Capital Management Co., Ltd. The company issued convertible preferred stock in the transaction.
Luxin Venture Capital Group Co Ltd is a Chinese company mainly engaged in venture capital business and Grinder Industrial Operations. The Company operates through two segments. The Investment Segment is principally engaged in equity investments in new ventures. The Company's key investment areas include information technology, energy conservation and environmental protection, new energy, new materials, biomedicine, high-end equipment manufacturing and other industries. The Grinder Segment is mainly engaged in the production and sales of grinding and abrasive cloth. Its downstream customers are mainly military industry, automobile parts processing, aerospace, and precision processing enterprises.
Haier New Energy Technology Co., Ltd. announced that it expects to receive CNY 1 billion in funding from ABC Financial Asset Investment Co., Ltd., China Merchants Bank Co., Ltd., Luxin Venture Capital Group Co., Ltd., Shandong Energy Group Capital Management Co., Ltd.
