Shenzhen Vapel Power Supply Technology Plans 10 Million Yuan Investment for New Energy Storage Production Line

Stock News

07/23

Shenzhen Vapel Power Supply Technology Co.,Ltd. (301516.SZ) has announced a strategic investment initiative. The company is moving to capitalize on opportunities within the integrated solar, storage, and charging market and to solidify its business presence in this sector.

To this end, the company's wholly-owned subsidiary, Shenzhen Vapel Digital Energy Co., Ltd., intends to invest 10 million yuan in self-raised funds. This capital will be used for the construction of a new production line dedicated to energy storage PACK systems.

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(<b>301516.SZ</b>) has announced a strategic investment initiative. The company is moving to capitalize on opportunities within the integrated solar, storage, and charging market and to solidify its business presence in this sector.<br><br>To this end, the company's wholly-owned subsidiary, Shenzhen Vapel Digital Energy Co., Ltd., intends to invest 10 million yuan in self-raised funds. 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