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China firm plans investment in US Li-S battery developer

Mon, 01/22/2018 - 11:21 -- Xuan Zhong
China firm plans investment in US Li-S battery developer

Hong Kong-listed investment holding company China Innovation has announced plans to buy a stake in Illinois-based battery developer Power Energy Solutions (PES).

Both companies have signed an investment framework agreement, under which China Innovation said it will purchase an undisclosed amount of shares in PES.

 

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