On December 16, 2024, Zona Energy successfully closed a nearly 100 million yuan Series A1 financing round, co-invested by China United Investment and Huanghai Financial Holdings. The company's Series A2 financing is also in the final stage, marking a smooth transition into the new phase of sodium battery industrialization
On December 16, 2024, Zona Energy successfully closed a nearly 100 million yuan Series A1 financing round, co-invested by China United Investment and Huanghai Financial Holdings. The company's Series A2 financing is also in the final stage, marking a smooth transition into the new phase of sodium battery industrialization. This financing round not only provides robust financial support for the company's continuous innovation and scale expansion in the new cycle but also reflects the capital market's high recognition of the sodium iron sulfate technology route and Zona Energy's industrialization capabilities.
Since the third quarter of 2024, the company has achieved significant breakthroughs in multiple new electrification scenarios. Leveraging its deep technical expertise and forward-looking market layout, Zona Energy, in collaboration with partners along the industrial chain, has successfully developed battery solutions tailored for various applications, including light-duty power, backup power, construction machinery, energy storage, and commercial vehicles. These solutions have gained recognition and orders from several leading domestic and international clients, with the company's Jona series products receiving enthusiastic market response. Currently, the company's order volume is surging, showing an accelerated growth trend.
To meet this demand, Zona Energy's cathode material mass production base in Zhenjiang and its PACK mass production base in Taizhou are working at full capacity to enhance production capabilities and ensure timely, high-quality delivery of all orders. Seizing this opportunity, Zona Energy will continue to actively engage with various resources from finance, government, industry, academia, and research. The company will adhere to its innovative and efficient development philosophy, increase R&D investment, expand market applications, focus on customer needs, and enhance product performance, providing more high-quality and reliable new energy solutions for end-users.
