Fengling New Energy successfully completes over 200 million yuan Series A financing.

On December 12th, Shanghai Fengling New Energy Co., Ltd. announced the completion of a Series A financing of over 200 million yuan. This round of financing was jointly invested by investors such as CRRC Capital, Shandong Expressway, Hebei Construction Investment, Linyi Green Fund, Suzhou Industrial Park Fund, and other investors in the wind power industry. The raised funds will be used for the construction of mixed tower production capacity and continuous research and development iterations of new systems and materials.