Frantec: it plans to subscribe for equity investment fund shares with RMB 20 million, and its directional investment in honeycomb energy

Technology, Healthcare, Automotive Dec 20, 2021 05:09 PM (GMT+8) · EqualOcean

Financial Associated Press, Dec. 20 (Reuters) - frantec announced that the total subscribed scale of Tianying hechuang venture capital partnership in Ningbo Meishan free trade port area is 63 million yuan, of which the company is a limited partner, with a subscribed amount of 20 million yuan, accounting for 31.75% of the total subscribed scale of the fund. The fund invests in honeycomb Energy Technology Co., Ltd. ("honeycomb energy").

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