manufacturing sector Archives - Page 3 of 4

Hamedata Technology Completes B-Round Financing

Hamedata Technology Co., Limited, a provider of household and outdoor energy storage technology, completed a round B of financing, with Qianhai FOF and ZY Capital serving as lead investors.

Chinese Battery Giant CATL Leads Global Power Battery Shipments

South Korean research firm SNE Research published data on power battery shipments for the first two months of this year. The shipments and market share of CATL were 18.4 GWh and 34.4%, respectively, ranking first.

Hua Hong Semiconductor to List on Shanghai STAR Market

Shanghai-based semiconductor wafer manufacturer Hua Hong Semiconductor announced on Monday that its board of directors had approved the preliminary proposal for a possible listing to the Shanghai STAR Market.

Factory Automation Company Tianjin ANT-FA Bags Several Hundred Million Yuan in Financing

A&T Precision Machinery Co., Ltd. (Tianjin ANT-FA), a comprehensive supplier of factory automation (FA) products, announced on Thursday its completion of round-B financing worth several hundred million yuan.

BSG Technology Secures Nearly 100M Yuan From Xiaomi

Wuhan BSG Technology Co., Ltd., a provider of intelligent manufacturing solutions, announced on Thursday that it has secured nearly 100 million yuan ($15.8 million) in A-round financing.

Morion Secures B Round of Financing

Guangdong Morion NanoTech (Morion) announced that it had completed a B round of financing worth over 100 million yuan ($15.7 million).

Leading Display Firm BOE Expects 2021 Net Profits to Exceed 25 Billion Yuan

BOE, a leading display panel supplier in the Chinese market, announced its 2021 performance forecast on Thursday.

Auto-Level MCU Chip Developer Yuntu Semiconductor Wraps Up Round-A Financing Totaling $15.7 Million

Suzhou Yuntu Semiconductor Co., Ltd. announced on Friday that it has completed round-A financing of 100 million yuan ($15.7 million).

AR Optical Waveguide Module Supplier Lochn Optics Completes Round-C Financing

Lochn Optics, an AR optical waveguide modules supplier, announced on Thursday that it had completed round-C financing totaling over 100 million yuan ($15.69 million).

Seetrum Receives Pre Round A of Financing, Focusing on R&D of Spectral Chips

On Wednesday, Seetrum, the core technology supplier in the spectral chip industry, received several hundred million yuan in Pre-Round A financing.

Leading Intelligent Lighting Company Yeelight Completes Round E Financing of 300 Million Yuan

Yeelight, an intelligent lighting company, announced the completion of the round E financing worth 300 million yuan (about $47.1 million).

Industrial Mobile Robot Firm Youibot Robotics Wins Financing of Over $47 Million

Youibot Robotics, a Chinese industrial mobile robot company, announced on Tuesday that it has recently completed Series B financing, with a total amount exceeding 300 million yuan ($47 million).

China VC Weekly: AI, Gen Z and More

In last week’s VC news, AI application company Singularity Systems closes A+ round of financing, streetwear retailer Knowin secures several hundred million yuan in a round led by Alibaba, and more.

Auto Tech Company NASN Automotive Electronics Secures $78.47 Million in C Round of Financing

NASN Automotive Electronics (NASN), a manufacturer of chassis electronic control components, completed a C round of financing worth 500 million yuan ($78.47 million).

TCL Technology’s Juhua Printing Successfully Manufactures 32-inch Printed OLED Displays

Chinese electronics company, TCL Technology, said that Guangdong Juhua Printing Display Technology (Juhua Printing), a subsidiary of TCL Technology, has successfully manufactured 32-inch printed OLED displays.

Lithium Batteries Rise 5-15%, Price Hikes May Continue Until 2023

Battery module factories have been notified that the prices of cylindrical lithium battery cells will rise again by 5%-15% early next year due to the rising downstream demand for electric vehicles and energy storage.

Wenext Secures B Round Financing Worth $55 Million, Cathay Capital Private Equity and Temasek Jointly Lead Investment

Wenext, a Chinese digital additive manufacturing solution provider, officially announced the completion of round B financing totaling $55 million.

Hon Hai Plans to Build Complete Battery Industry Ecosystem in Indonesia

Hon Hai Technology Group, the parent company of electronics giant Foxconn, issued a statement regarding future investment in Indonesia, with the electric vehicle and battery industries at the core.

Net Profit of TCL Technology in First Three Quarters Exceeds $2 Billion

Chinese electronics company TCL Technology on Thursday released its estimated performance for the first three quarters of 2021.

OFilm Claims Power Shortages Have No Major Impact on Production and Operations

OFilm responded to issues related to power outages at an investor interaction platform last Friday, saying that it has no great impact on the company's production and operations at present.

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