Benrong Energy Received 32 Million Angel Round Financing

On August 31, 2023, Benrong New Energy announced that it had received additional investment of over 10 million yuan. So far, Benrong New Energy has completed the angel round financing plan with a pre-investment valuation of 280 million yuan. This time, Benrong has raised a total of 32 million yuan for the research and development of new products.

Lin Xianqi, chairman of Huaxun Group, said: Huaxun continues to be optimistic about Benrong’s achievements in the energy storage field. Dexun Electronics (Shenzhen) Co., Ltd. is a subsidiary of Hong Kong Huaxun Group. It is the first enterprise to cooperate with Benrong New Energy Industry. It is also the largest investment enterprise of Benrong New Energy.

Benrong Energy Received 32 Million Angel Round Financing

Huaxun Group has been an industrial partner of Benrong New Energy for many years. On the one hand, Benrong focuses on new product research and development to drive exponential business growth. On the other hand, it steadily and continuously implements the strategic policy of “green energy storage overall solution service provider”.

In the past year, the company’s business has developed rapidly. The design scheme of the new product has received a good response in the international market. After this round of financing, it will soon enter scale commercialization. We look forward to Benrong New Energy continuing to bring more high-quality, environmentally friendly and economical products.

The energy storage track gets together for financing, how will Benrong New Energy break through?

Benrong’s main field is the most popular energy storage power supply under the international “carbon peak” and “carbon neutrality” strategies. The company’s products mainly fall into three categories: emergency starting power supplies, portable outdoor power supplies, and home energy storage.

Benrong New Energy takes “green energy storage overall solution service provider” as its corporate positioning. “Global energy storage power dealers and consumers” positioning customers. Through the business model of “green energy storage power supply + Internet”. Create an Internet-based marketing service S2b2C business ecological platform for the entire industry chain process.

In 2023, Benrong New Energy will continue to increase research and development efforts. However, the company has conducted in-depth research and layout in new technologies in many directions. Behind the performance growth, it is inseparable from the continuous empowerment of technology and production capacity.

Benrong Energy Received 32 Million Angel Round Financing_01

As new products and new scenarios enter the implementation stage, Benrong maintains stable supply capabilities and brings profit growth. As the energy storage business and international agency business become increasingly mature, Benrong’s current export sales ratio is about 80%. Compared with the whole of last year, the proportion of export sales gradually increased. Overall, the market expects overseas business orders to continue to increase steadily in the future.

Benrong has focused on positioning the energy storage category for the past ten years. Whether it is early emergency starting power, current outdoor energy storage, or home energy storage. Even the hydrogen fuel energy storage planned in the future, Benrong will be a storage of natural energy.

The clear positioning makes Benrong New Energy’s product line extremely competitive. And through the mission of product landing, turn green and clean energy into a companion of human life.

Posted in Company News and tagged .