The company’s post-investment valuation is about 7.8 billion yuan.
March 2, Reed announced an announcement , announcing that its subsidiary special call received about 1.35 billion yuan in Series A financing, the funds have been fully accounted. This financing was funded by the State Administration Fund (China State-owned Enterprise Structure Adjustment Fund Co., Ltd.), Guoxin Capital (Guoxin Capital Co., Ltd.), CDH Investment Co-leads , Post-Investment Valuation About 7.8 billion yuan, Financing is mainly used for research and development investment in charging and energy management technology, charging network construction, and improving operation efficiency.
For this financing, Trude & Telephone Chairman Yu Dexiang said Strategic investors such as China National Transfer Fund, Guoxin Capital and CDH Investment will integrate their industrial resources into the special call platform.
Special Call New Energy Co., Ltd. (hereinafter referred to as “Special Call”) was established in September 2014. It is a holding subsidiary of Qingdao Terad Electric Co., Ltd. and is mainly engaged in the construction of new energy vehicle charging networks. , Operation and Internet value-added services.
Yu Dexiang mentioned in an interview in a recent interview , at present, the charging equipment manufacturing of special calls is “profitable” “The strongest”, charging operations “have started to make money”, but data value-added services are still being explored, it is estimated that it will take two or three years. In the end, they want to form a closed loop from device manufacturing to charging operations to value, that is, “sales-power-flow”.