Investment Summary |
|
|---|---|
| Date | 2021-07-26 |
| Target | Meidu Hitrans |
| Sector | Electrical Equipment |
| Investor(s) | CBAK Energy |
| Sellers(s) | Zhejiang Meidu Graphene Technology |
| Deal Type | Stake Purchase |
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| Category | Company |
|---|---|
| Founded | 1999 |
| Sector | Electrical Equipment |
| Employees | 1,456 |
| Revenue | 204M USD (2023) |
CBAK Energy is engaged in the development, manufacturing, and sales of new energy high-power lithium batteries. The applications of the Company's products and solutions include electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply (UPS), and other high-power applications. CBAK Energy was founded in 1999 and is based in Dalian, China.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Electrical Equipment) | 1 of 1 |
| Type (Stake Purchase) | 1 of 1 |
| Country (China) | 1 of 1 |
| Year (2021) | 1 of 1 |
Zhejiang Meidu Graphene Technology is a lithium battery manufacturer in China. Zhejiang Meidu Graphene Technology is based in Shaoxing, China.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Electrical Equipment) | 1 of 1 |
| Type (Stake Purchase) | 1 of 1 |
| Country (China) | 1 of 1 |
| Year (2021) | 1 of 1 |
