28, Xiexin Technologies announced that it had entered into a convertible bond subscription agreement with CPICIM AI Computing Power SP, totaling no more than HK $1.17 billion, equivalent to about RMB 1.042 billion, and the proceeds were used for investment and M & a funds.
In addition, there are media reports that the fund may be used to focus on the new energy market in the United States. Investment will focus on the upgrading of granular silicon production capacity, the application of silane gas and the commercialization of perovskite components .
Previously, on September 16, 2025, Xiexin Technologies also reached a strategic financing agreement with Wuji Capital, a Middle East investment institution, to raise HK $5.446 billion for the capital reserve of supply-side structural reform and the strengthening of the second curve.
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