Dyness recently revealed its completion of the Series B and Series C financing, amounting to billions of RMB. China Renaissance functioned as the financial advisor during this process. Youshan Capital took the lead in the Series B financing, and it was co-invested by Eastern Bell Capital, Shicheng Capital, and Southern Wood Capital, among others. The subsequent Series C financing saw CICC Capital's fund at the helm, with L Catterton, Jinqiu Capital, Pegasus Capital, and others participating. Notably, Southern Wood Capital continued its investment journey with Dyness.

Established in 2017, Dyness aims to ascend as a premier global energy storage technology firm. It was among the pioneer enterprises in China venturing into the international energy storage market. The company boasts a core team sourced from the upper echelons of the battery storage sector. With a portfolio of over 90 patents both domestically and internationally, Dyness has introduced a diverse range of energy storage solutions and has progressively established an international marketing, R&D, and manufacturing framework. The management team is driven by a vision to enhance value across products, brand, operations, and service channels. Liu Yang, Dyness's CEO, articulated the company's commitment to slashing new energy's marginal costs, diversifying its applications, and ensuring consistent safety and reliability. This endeavour aligns with the broader objectives of achieving the “dual-carbon” target and mitigating global warming.

Owing to its adept product delineation and solid R&D infrastructure, Dyness has launched an array of distinct household and industrial/commercial energy storage products, acclaimed for their stability and competitive edge. With a resolute global vision and persistent efforts, Dyness's offerings have experienced steady expansion in core market share and has successfully established a presence in key global regions. Owing to its decisive and streamlined execution, the Dyness brand and its products have garnered esteem in global markets and among customers.

The global energy landscape is currently undergoing a transformative shift, driven by various factors. Fluctuations in the energy market's supply have led to significant changes in demand. There is a growing need for alternative energy sources, especially in the field of lightweight energy storage. Projections by GGII anticipate that by 2025, the global household storage capacity could reach 100GWh, exhibiting a stellar 5-year compound growth rate exceeding 90%. As the dynamics of energy production, management, and consumption evolve globally, Dyness is poised to bolster its R&D and customer service capacities in anticipation of the digital intelligence surge. Speaking of the future, accelerate the growth of industrial and commercial energy storage offerings, facilitate global expansion, and promote comprehensive application strategies. Simultaneously, this funding will provide the necessary capital to enhance the company’s organizational and branding aspects.