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Subsidiary of Sunwoda to Invest 240 Million Yuan in Energy Storage Fund
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Author：小编
On June 22, Sunwoda Electronic Co., Ltd. made an announcement stating that its wholly-owned subsidiary, Shenzhen Xinneng Industrial Development Technology Co., Ltd., intends to collaborate with KaiXian Capital, Zhejiang Xunneng Technology, and Huizhou Yuede Energy to establish the Tianjin Kaixin Energy Storage Equity Investment Partnership Enterprise (Limited Partnership). This fund is set to have a total scale of 500 million yuan, with Xinneng Technology committing to subscribe 240 million yuan, representing a 48% stake. The primary focus of the fund's investments will be on independent energy storage projects, with potential expansion into areas such as wind power and photovoltaics, depending on market conditions and opportunities.
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