Huasun Has Completed Series B Financing Of Over 2 Billion RMB
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Ongoing, First published Feb 01, 2024
https://www.huasunsolar.com/hjt-technology/


Recently, Huasun raised over 2 billion RMB in Series B financing. This round of financing was led by CNBM (Anhui) New Materials Fund, followed by Wuxi Originvest Fund, Chuanghe Xincai Manufacturing Transformation and Upgrading Fund (SDIC-Xiamen Tungsten Industry Fund), GLP Hidden Hill Capital, Dayone Capital and other institutions, and was further injected by original shareholders such as Hefei Industry Investment Group, Guoyao Capital, Nuoyan Capital, Puhua Capital and Jiuwan Capital. The financing funds will be mainly used to expand the production capacity of high-efficienct heterojunction (HJT) cells and modules and continued investment in technology research and development.
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