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NIO-, CATL-backed Weineng Battery closes CNY 670 million Series C equity financing
On November 3, Wuhan Weineng Battery Asset Co., Ltd. (Weineng Battery), a company jointly owned by entities including NIO Holding Ltd. (NIO) and Contemporary Amperex Technology Co., Ltd. (CATL), closed a CNY 670 million Series C equity financing.
The financing was invested by Weineng Battery’s founding shareholders, ....
The financing was invested by Weineng Battery’s founding shareholders, ....
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