Recently, Shanghai Mufan Power Technology Co., Ltd. announced the completion of two consecutive rounds of financing totaling more than 500 million yuan. Qiming Venture Capital co-led Series B financing and followed up with Series C financing. The financing will mainly be used for the construction of a mass assembly manufacturing center for Mu Fan Power's core products - gas turbines and a factory performance inspection center for high-power complete machines, and to promote the expansion of production of Mufan Power's fully independent intellectual property gas turbines.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.