Weifang Energy is a sodium-ion battery research and development company, specializing in the experimental demonstration and selection of positive and negative electrode materials for sodium-ion batteries, and will complete the production of single battery samples in 2021. Recently completed a new round of financing of tens of millions of RMB for Fang Energy. This financing was exclusively invested by Jinding Capital, and Yinsheng Capital acted as the financial advisor for this financing. The funds raised in this round will be mainly used for the follow-up operation of the sodium-ion battery cell production line and material production line, increasing investment in research and development, introducing talents and expanding the market.
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