H-Rise New Energy announced that it has received funding from IDG Capital Partners Co., Ltd., Shanghai Lingang Zhizhao Phase II Equity Investment Fund Partnership Enterprise(Limited Partnership), Beijing Jingneng Power Co., Ltd., Shanghai Free Trade Zone Equity Fund Management Co., Ltd.
October 14, 2021
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H-Rise New Energy announced that it has received a round of funding co-led by investor IDG Capital Partners Co., Ltd., Shanghai Lingang Zhizhao Phase II Equity Investment Fund Partnership Enterprise(Limited Partnership), Beijing Jingneng Power Co., Ltd. and Shanghai Free Trade Zone Equity Fund Management Co., Ltd..
Beijing Jingneng Power Co Ltd is a China-based company mainly engaged in the production and sales of electric and thermal products, operation of electric power equipment, testing and repair of power generation equipment, and sales of desulfurization gypsum. The power business is mainly engaged in coal-fired power generation and heat supply, with new energy power generation businesses such as wind power and photovoltaic being added, and it also involves investment in comprehensive energy services, coal mines and other projects. The electricity sales business is mainly engaged in power supply in Inner Mongolia, Shanxi, Ningxia, Hebei, Henan, Hubei and other regions. The Company mainly operates its businesses in the domestic market.
H-Rise New Energy announced that it has received funding from IDG Capital Partners Co., Ltd., Shanghai Lingang Zhizhao Phase II Equity Investment Fund Partnership Enterprise(Limited Partnership), Beijing Jingneng Power Co., Ltd., Shanghai Free Trade Zone Equity Fund Management Co., Ltd.