Smallville Capital, CSC Group and China's SME Fund have invested RMB900 million (US$133 million) in a Shenzhen-based lithium battery company BAK Battery. The company said it had raised RMB800 million (US$118 million) earlier this year from Shenzhen-listed industrial firm, Wuhu Token Sciences Co., Ltd. Founded in 2001, BAK has three main businesses, including lithium battery, […]

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