Mirattery Increases Capital to 2.64 Billion Yuan, Up About 18%

Edited by Taylor From Gasgoo

Gasgoo Munich- On Feb. 24, filings on corporate registry platform Tianyancha revealed that Mirattery recently adjusted its business registration. The company added Hefei Jiantou Emerging Industry Equity Investment Fund Partnership (LP) and Hefei Haiheng Emerging Industry Equity Investment Fund Partnership (LP) as shareholders. Registered capital rose to approximately 2.64 billion yuan from 2.24 billion, an 18% increase.

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Image Source: Screenshot from Tianyancha official website

Tianyancha records show Mirattery was established in August 2020, with Lai Xiaoming as legal representative. Its business scope includes EV charging infrastructure operations, battery leasing, and the recycling and cascaded utilization of discarded new energy vehicle batteries. Shareholder information indicates the company is jointly held by NIO Holding Ltd., Angel Prosperity Investment HK I Limited, and Wuhan Optics Valley Industrial Investment Co., Ltd., among others.

Previously, Mirattery announced the close of a 1 billion yuan C3 round on the 13th of this month. This brings total Series C funding to nearly 2 billion yuan. After founding shareholders increased their stakes and state capital from Haining Jingkai, Hainan Chengmai, and Meishan Dongpo came on board, the C3 round further welcomed Hefei Jiantou and Hefei Jingkai as key shareholders. The continued endorsement from new and old investors highlights confidence in WeNeng's business model, financials, and outlook, supplying ample capital for asset management expansion and R&D.

Separately, Mirattery disclosed that its operational battery asset scale has topped 42 GWh, with a user base exceeding 550,000. The company is leveraging full-lifecycle digital management of power batteries to aid the development of the new energy vehicle industry and drive industrial results.

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