Shenzhen Youneng New Energy Technology Co., Ltd. announced that it has received CNY 12 million in funding from TianJin JinRong TianYu Precision Machinery Inc.

Tianjin Jinrong Tianyu Precision Machinery Co Ltd is a China-based company primarily engaged in the research, development, manufacture and sales of precision metal molds and related parts. The Company mainly provides two categories of products. Its electrical precision parts include low-voltage power distribution parts, medium-voltage power distribution and energy equipment parts, as well as industrial automation parts. Its automotive precision parts include shock absorption parts, safety parts, air conditioning and seat parts, as well as lightweight parts. The Company's products also include precision molds and scraps. The Company distributes its products within the domestic market and to overseas markets, including Europe, North America, Southeast Asia, India and others.