Shandong Sacred Sun Power Sources Co., Ltd.
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Shandong Sacred Sun Power Sources Co., Ltd. - overview
Established
1998
Location
Jining, Shandong, China
Primary Industry
Energy Storage & Batteries
About
Based in Jining, China, Shandong Sacred Sun Power Sources Co. , Ltd. focuses on advanced energy solutions, specializing in energy storage systems and battery manufacturing for various industries. Shandong Sacred Sun Power Sources Co.
, Ltd. designs and manufactures energy storage solutions. Founded in 1998 in Jining, China, the company has pivoted to focus on energy storage technologies. The company has undergone notable transactions, including a PIPE deal on February 16, 2015, where it raised CNY 255.
63 million from investors such as Hwabao Trust and Wanjia Asset Management. The company has raised a total of CNY 255. 63 million to date, with this transaction being the most recent funding round. Shandong Sacred Sun Power Sources Co.
, Ltd. specializes in the design, development, manufacturing, and sales of advanced energy storage solutions, including lead-acid and lithium batteries and integrated smart power systems. Their products cater to sectors such as telecommunications, data centers, power utilities, and financial services, addressing critical energy storage needs. Applications of their batteries include backup power for 4G and 5G micro base stations, electric vehicles, and large-scale storage systems for power generation.
The company's reach extends to over 130 countries and regions, with significant applications in more than 1,000 projects globally. Shandong Sacred Sun Power Sources Co. , Ltd. generates revenue through the direct sales of its battery products and energy storage systems to a diverse clientele, focusing on B2B transactions.
Their offerings include modular design products and advanced battery management systems (BMS) for enhanced performance. Specific pricing details are not provided, but the high-quality energy storage solutions are tailored to meet the needs of their corporate partners in telecommunications, energy, and transportation. The funds raised from the PIPE transaction will be directed towards the construction of a project focused on power batteries for electric vehicles and long-life energy storage batteries, as well as repayment of bank loans. Shandong Sacred Sun Power Sources Co.
, Ltd. aims to expand its product offerings and enhance its portfolio of energy solutions. The company is also exploring opportunities to expand into new geographic markets as it looks to leverage its technology and expertise in energy storage.
Current Investors
Hwabao Trust, Wanjia Asset Management
Primary Industry
Energy Storage & Batteries
Sub Industries
Energy Storage & Batteries
Website
www.sacredsun.cn
Verticals
Clean Technology, Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Shandong Sacred Sun Power Sources Co., Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Announced | Shenzhen Daren High Tech Electronics Co., Ltd. | - | ||||||||
| PIPE | Completed | Shandong Sacred Sun Power Sources Co., Ltd. | - |
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