On July 31, Shenzhen Xiongtao Power Technology Co., Ltd. (hereinafter referred to as Xiongtao) issued an announcement that it plans to raise no more than 1.224 billion yuan in additional funds to be used for the Hubei Xiongtao New Energy Lithium Battery (5GWh) production base construction project (about 520 million yuan), the communication base station energy storage project (Phase I) and to supplement working capital. Firmly optimistic about the energy storage lithium battery track. Since the beginning of this year, the industry has been optimistic about the lithium battery industry...[View original text]
Reference address：Xiongtao shares plans to increase its capital by 1.224 billion yuan to increase its energy storage lithium battery business
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