Foripower Electric has Completed A-round of Financing


Shenzhen Foripower Electric Co., Ltd., invested by Naning Shuimuzi Funds under ZGC Collaborative Innovation Fund, has recently completed A round of financing. This financing was led by Shenzhen HTI Group, followed by Chengdu Inchun Branch Investment Management Partnership (limited partnership), BeijingYuanhui Ruize, Shuimuzi Funds and Flyfot Ventures. The fund raised in this round will be used to increase investment in R&D and production and to maintain the company’s leading edge in hydrogen energy components.

Centering around the industrial cluster of new energy, Shuimuzi Funds has fostered a listed company, Yihuatong (688339), as well as a number of high-growth firms like Yiqin Technology, Zentek Energy and Sino Fuelcell. 

In the future, Shuimuzi Funds will continue to provide professional financial services and drive the development of the upstream and downstream enterprises across the industrial chain of new energy. 



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