Zhuji Power Secures Nearly $200 Million in Pre-IPO Financing, Post-Money Valuation Reaches 15 Billion RMB

Zhuji Power has completed nearly $200 million in Pre-IPO financing, with a post-money valuation of 15 billion RMB, bringing its total financing to $400 million over the past six months. Investors in this round include IDG Capital, Lens Technology, GGG Group, Redstone VC, Huashan Capital, and Hefei Binhu Industrial Development Group, among others. UAE-based Leishi Capital has continued to invest in multiple rounds, while several existing shareholders, including Oasis Capital, Cornerstone Capital, Nanshan Zhanzheng Investment, Shangqi Capital, and NIO Capital, have significantly increased their stakes. Overseas capital accounts for nearly 70% of the total. The company plans to intensify its core technology research and development, advance the large-scale implementation of LimX Luna, and expand into overseas markets. It has completed its restructuring into a joint-stock company and is steadily progressing towards an IPO.

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