Sichuan Energy Investment, Han’s Laser Technology, Changzhou Xingyu and CDH Investments led a $940m Series B funding round in SVOLT.

Synopsis

Sichuan Energy Investment, Han’s Laser Technology, Changzhou Xingyu and CDH Investments led a $940m Series B funding round in SVOLT, a high-tech energy company. “The company will consistently strengthen its R&D efforts, build a global technology-innovative brand image and consistently implement its global production capacity plan of 600 GWh in 2025,” Hongxin Yang, SVOLT Chairman and CEO.

Principals

target

Svolt Energy Technology

bidder

Sichuan Energy Investment

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Market Context

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Seller Team (1)

hongxin yang

Chairman and CEO at SVOLT ENERGY TECHNOLOGY

Manager

target

Deal

£ 710 M

Total Value

Bidder Team (3)

xiong lin

Chairman at SICHUAN ENERGY INVESTMENT

Manager

bidder

Deal

£ 710 M

Total Value

yuan yao

Managing Director at CDH INVESTMENTS

Investor

bidder

Deals

£ 1.40 B

Total Value

yunfeng gao

Chairman and President at HAN’S LASER TECHNOLOGY

Manager

bidder

Deal

£ 710 M

Total Value

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