On June 1, Yichun Gotion announced the completion of its Series A financing. Participating investment institutions included BOC Financial Asset Investment Co., Ltd. and BOCOM Financial Asset Investment Co., Ltd. The specific financing amount was not disclosed.
Concurrently, the company underwent commercial registration changes. Building upon its original three shareholders, the two aforementioned investment institutions were added as new shareholders. The registered capital increased from approximately 2.2 billion RMB to about 2.71 billion RMB, representing an increase of roughly 23%.
Reportedly, Yichun Gotion Battery, founded on April 23, 2021, is a high-tech enterprise focusing on the production and sales of lithium-ion batteries. The company's core businesses cover mining resource development, lithium carbonate extraction, lithium-ion battery manufacturing and pack assembly, and energy storage system development.
With this company as the primary operating entity, Gotion High-Tech is planning and constructing lithium battery, mining facility, and lithium carbonate projects.
In May 2022, the Yichun Gotion Battery project officially commenced production in the Yichun Economic and Technological Development Zone, with a planned annual power battery production capacity of 10 GWh. In October of the same year, the Yichun Gotion Battery Phase II project officially broke ground in the Yichun Economic and Technological Development Zone, with a planned power battery capacity of 20 GWh. This phase officially went into production in August 2025 and was unveiled to enter the full operational stage at the end of November.
This round of financing will further boost Yichun Gotion Battery's research, development, and production capabilities in the field of lithium-ion batteries, accelerating its strategic layout across the new energy industry chain.
Source：EnergyTrend