Hubei Yintech New Material Co., Ltd. announced that it has received nearly CNY 100 million in a round of funding on July 25, 2023. The transaction included participation exclusively from new investors, Trina Solar Co., Ltd, Jiangsu Safety Wire Rope Co.,Ltd., Zhonghuan Industrial Investment, Hillhouse Investment Management, Ltd., Suzhou Yongxin Fangzhou Equity Investment Partnership Enterprise (General Partnership) and other investors.