Masui Technology completes over 100 million yuan Series A funding

Today, Anhui Mingshui New Energy Technology Co., Ltd. announced that it has completed a Series A financing round totaling more than 100 million yuan, led by NIO Capital. Mingshui Technology is an end-to-end solutions provider focused on key materials and core components in the hydrogen energy sector. The proceeds from this round will be mainly used for large-order deliveries, to increase R&D reserves, build new factories, and support day-to-day operations, in order to drive the integration and upgrading of the industrial chain. (Science and Technology Innovation Board Daily)

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