Shanghai state-owned enterprises lead investment, Xinghuan Energy completes 1 billion yuan Series A financing.

The reporter learned that Xinghuan Fusion Energy has completed its Series A financing, with a total financing amount of 1 billion yuan. The round of financing was led by Shanghai State-owned Investment Company's Shanghai Science and Technology Innovation Group and Shanghai Future Industry Fund. China International Capital Corporation, Shanghai Jiading Science and Technology Investment Group, China Bank Asset Management, Xichen Capital, Wuyuefeng Innovation, Longe Technology, Feitu Investment, Shandong Energy Shanghai Yankuang Assets, China National Environmental Protection Corporation, Shangrong Capital, Yuanhe Puhua, Shenwan Hongyuan, Binfu Capital, Zhenyi Asset and other institutions and individuals jointly invested. The pre-A round leading investor, Shanghai Science and Technology Innovation Group's intellectual property fund, continued to follow up on the investment.