New Starting Point: Boriton's financing amount exceeded 1 billion yuan in 2022

Boliton Technology Co., Ltd. recently completed its C+ round of financing. In 2022, Boliton achieved a total equity and debt financing of over 1 billion yuan.

The investors in the C+ round are Hunan Xiangtan Caixin Chanxing Equity Investment Partnership (Limited Partnership), Tianjin Xingyue Puyu Technology Co., LTD., Jiaxing Xuying Equity Investment Partnership (Limited Partnership), and Jinhua Boliton Talent Equity Investment Partnership (Limited Partnership), with a total investment of 579 million yuan. In 2022, Boriton's Series C and Series C+ equity financing totaled approximately 750 million yuan, and its debt financing exceeded 250 million yuan.

Funds are the essential nourishment for the healthy development of an enterprise. Especially for Boriton, adhering to the forward research and development route and independently developing core technologies require a huge amount of capital investment. Boriton has successively mastered core technologies such as the new energy three-electricity system, the new dual-source asymmetric power electronic architecture, the by-wire chassis, and unmanned driving, and possesses the full industrial chain integration capabilities including vehicle R&D, technology integration, and production manufacturing.

Opportunities always favor those who are well-prepared. Under the premise that Boriton has already laid a solid foundation and mastered core technologies, sufficient funds will bring positive promotion to Boriton in aspects such as new product development, intelligent factory construction, and next-generation technology reserves. Financing is not the end for Boriton, but a new starting point. With sufficient ammunition, Boriton will forge ahead without hesitation towards the vast ocean of stars.

In the context of increasing global economic uncertainty, Boriton adheres to its goals and keeps moving forward. Our confidence stems precisely from our persistence in our beliefs. Borleton firmly believes that the form in which humans utilize energy will definitely change with the development of The Times. The harm brought by fossil fuels to humans is increasing day by day, and their prices fluctuate frequently. Whether from the perspective of energy security, economy or ecological environment, the replacement of old energy by new energy is an inevitable trend.

Thanks to the continuous efforts of all the staff of Boriton, Boriton's equipment has been successfully installed at the construction sites of major projects such as the Sichuan-Xizang Line, the Jiaozhou Bay Undersea Tunnel, the Hangzhou-Ningbo Expressway, and the West-to-East Power Transmission Project, making contributions to the development of a green economy. At the same time, Boriton has become a drafter of the standards for new energy loaders, constantly contributing to the development of the industry.

Of course, the future is bright, but the road is tortuous. On the journey of new energy, there are many difficulties to overcome. The road is long and arduous, but if we keep moving forward, we will eventually reach our destination. Guided by a firm belief and with the strong support of our partners, through the tenacious efforts of a powerful team, Boriton is sure to embrace a promising future.