Yili Technology Secures Series A+ Funding, Focusing on Solid-State Battery Cathode Materials

Stock News16:54

Yili Technology has completed a Series A+ funding round, with investors including Oriza Holdings, Tianhua Xinneng, and CAS Star, according to IT Juzi. The specific funding amount was not disclosed.

Public records show that Jiangsu Yili Technology Co., Ltd. is a controlled subsidiary of Tianhua Xinneng (300390). The company was registered and established in 2022 in Yixing Environmental Science Park, Jiangsu Province. Leveraging research capabilities from institutions such as the Institute of Physics under the Chinese Academy of Sciences, it focuses on the research, development, and industrialization of solid-state battery cathode materials.

Its product portfolio covers categories including ultra-high-nickel ternary materials, lithium-rich manganese-based materials, spinel lithium nickel manganese oxide, and high-voltage lithium cobalt oxide. A production line with a thousand-ton scale has already entered stable operation.

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