Shanghai Qiyuan Core Power Technology Co., Ltd. announced that it has raised CNY 1500 million in a round of funding on January 2, 2024. The transaction included participation from new investors, BOC Financial Asset Investment Co., Ltd., Gree Electric Appliances, Inc. of Zhuhai, Zhuhai Gree Financial Investment Management Co., Ltd. and other investors. The company has post money valuation of CNY 7,132.8 million.