The Energy Chain Group said that its trading volume has been growing at a compound annual growth rate of more than 20% for two consecutive years. The transaction volume this year is expected to reach 60 times that of 2017, approaching the volume of transactions per year.
It was learned that the digital energy travel platform Energy Chain Group (Car Owners/Group Oil/Express Power) announced today that it has completed a $110 million Series C financing, led by Joy Capital, and Weilai Capital and KIP China. This is the third financing of the Energy Chain Group in the most recent year.
Energy Chain Group at the end of August this yearPresented Completed the B+ round of financing of 450 million yuan. includes equity financing and debt financing. It is jointly invested by the National SME Development Fund, Oriental Fuhai, Rizhao City Finance Investment Group and Construction Bank Qingdao Branch.
The Energy Chain Group was established in 2016. It began to complete business model validation and technical reserves in more than a year. It began to copy quickly from the beginning of 2018, and completed the digital connection between energy supply and demand in two years. A new energy infrastructure network for oil and electricity integration in 400 cities across the country. At present, The company mainly operates three businesses: the oil-electricity integrated open platform “Car Owners State”, the professional driver fueling platform “Group Oil”, and the professional driver charging and replacement platform “Quick Power”.
Energy Group’s energy supply partners include CNOOC, CAO, Shell, Total, Bridge Petrochemical, Jindun Petrochemical and other state-owned, foreign-funded, private refined oil companies, as well as special calls, star charging, cloud fast charge, cloud New energy operators such as Sugi Wisdom, Zhuhai Yulian, and Wancheng Wanchong.
Tencent Smart Travel, Rookie Network, Baidu Map, Gaode Map, Jingdong, Zebra Zhixing, Huawei Car Link, cargo pull, fast dog taxi, 嘀嗒 trip, Shenzhou special car, Shouqi car, Cao Cao travel, Ctrip – Where to go, Weilai Auto, SAIC Chase, Mushroom Zhixing, China Mobile, China Merchants Bank, China Construction Bank, and other hundreds of commercial vehicle platforms, OEMs, car networking, after-street platforms, financial institutions are using the digital energy of the energy chain group service.
The Energy Chain Group said that their trading volume has been growing at a compound annual growth rate of more than 20% for two consecutive years. The transaction volume this year is expected to be more than 60 times that of 2017, approaching the volume of transactions per year.
For this investment, Liu Erhai, founding and managing partner of Happy Capital, said that energy operation management is a trillion-scale industry, and new technologies will greatly enhance the efficiency of the industry and drive the industry from Low-level price competition enters a new stage of winning efficiency. <