
China's Hithium Energy Storage raises $622m

Xiamen Hithium Energy Storage Technology, a China-based battery manufacturer, has raised a Series C round of CNY 4.5bn (USD 622m) led by Beijing Financial Street Capital and China Life Insurance's private equity unit.
Other investors include Bank of China Asset Management, Goldstone Investment, SDIC Fund, China State-Owned Venture Capital Fund, CDH Investments, CICC Capital, China-US Green Fund, and Hefei Industry Investment....
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