Hunan Corun New Energy, a Chinese publicly-listed energy storage solutions provider, is planning to invest 1.12 billion yuan ($167.2 million) in a loss-making domestic new materials company as it bets on a business transition to focus on new-generation batteries.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com