24
May
09:41
Xiaomi invests in Faenlaite
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Technology company Xiaomi recently appears on the major shareholders list of Hunan Faenlaite New Energy Technology (Faenlaite), a lithium-ion battery material company based in Changsha, Hunan Province.
According to public business registration information, each of two investment companies under Xiaomi is expected to own a 5% stake. The payment deadlines are both 30 September of this year, and it seems that each of the two has already paid abou…
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Kallanish Asia
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