Ruicycle, a battery recycling enterprise, completed a B round of financing of over 300 million yuan ($44.42 million). Investors include Legend Capital, China Guangfa Bank, Hua Ventures, and other institutions.
On July 28, four Chinese companies, including battery firms Gotion High-Tech and Ningbo Shanshan, electronic waste recycling firm GEM, and building materials machinery manufacturer Keda Industrial were officially listed to the SIX Swiss Exchange.
Gao Weiqiao, deputy general manager of Huayou Recycling Technology, a power battery recycling enterprise, said at the 7th International New Energy Conference held on July 15 that the power battery recycling field has become a new emerging market unto itself.
ATRenew Inc. (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform, has caught widespread attention from both the public and investors.
Chinese telecom giant Huawei initiated a new public service campaign on Thursday, aiming to plant 62,439 trees donated by the company and its consumers across a desert located in China’s northwestern Gansu province.
Chinese online electronics recycling platform Aihuishou on Sept. 22 renamed the group “All Things Renew” and announced to have completed an E+ round of financing at the brand upgrade conference in Beijing.