China's Chint Group affiliates raise $791m in private funding from Hillhouse, others

China's Chint Group affiliates raise $791m in private funding from Hillhouse, others

Photo: Sungrow EMEA/Unsplash

Chint Group, a Chinese conglomerate with businesses across new energy and electrical equipment in over 140 countries and regions worldwide, ended the year with two of its subsidiaries raising billions of Chinese yuan in private financing.

China’s Cloudview Capital, a shareholder in the two subsidiaries, announced the completion of the deals this week. Cloudview Capital continued to back the latest investments as a lead investor.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter