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Recently, Stellar Energy XuanGuang proudly announced the successful closure of its Pre-A round funding, amassing a substantial sum in the hundreds of millions of yuan. This pivotal funding round was spearheaded by Ant Group, with significant contributions from a consortium of esteemed investors, including Yinshan Capital and Zijin Mining. Additionally, existing stakeholders Minyin International and Renfa Xinneng demonstrated their continued confidence by increasing their investments. The capital raised will be strategically allocated to bolster the efficiency of ongoing installations, drive the deployment of cutting-edge technologies, and expand the talented workforce. These efforts are geared towards propelling the company forward on its innovative "field-reversed configuration" fusion energy technology pathway.
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