Source: Entrepreneurship State

Entrepreneurship State was informed that Betterial, a research and development manufacturer of polymer film materials, completed a Pre-IPO round of financing of RMB 440 million. This round of financing was led by China Three Gorges Capital, with participation from China Three Gorges Energy, Oriental Three Gorges Fund, Three Gorges Green Fund, Minmetals Capital, Changjiang Capital, Jiupai Capital, etc. The original shareholders Guodian Investment, China Merchants Capital, Jingtai Changsheng and others followed up.

The funds from this round of financing will be mainly used for the research and development of new products and new technologies, capacity expansion and team building.