Weining Battery increases capital to approximately 2.81 billion
Wuhan Weining Battery Asset Co., Ltd. has increased its registered capital to approximately 2.81 billion RMB. The company, established in August 2020, is involved in electric vehicle charging infrastructure, battery leasing, and the recycling and utilization of used power batteries. Its shareholders include NIO Holdings, Wuhan Optics Valley Industrial Investment, and CATL. AI