In order to speed up the development of the power battery business, Tianjin LISHEN financing team completed one new capital increasing after six months of hard work and with the strong support of various investors.

The capital increase subscription agreement was signed on January 28, marking the successful completion of the first round of financing for the LISHEN battery power sector.

LISHEN was founded in 1997. As one of the earliest lithium battery companies in China, LISHEN battery business covers full category technology, battery products include square, cylindrical and soft packs.

It is believed that this funding move will definitely open a new chapter for the development of LISHEN power battery business and lay a solid foundation for the further market exploring.