Yilanke raises tens of millions in Series A as overseas sales near 85%
What's the deal? Shenzhen Yilanke ElectricDealroom has a profile for this one. Try Dealroom →, a maker of power electronics for commercial and industrial energy storage, has closed a Series A round worth tens of millions of yuan. Times BoleDealroom has a profile for this one. Try Dealroom → led the round with a follow-on investment.
What's the money for? The company will fund construction of its Zhongshan manufacturing centre, expand its overseas local-service network, and develop new products including AIDC power supplies and SST modules.
Why now? Since 2024, overseas end-market business has grown to 85% of total sales in the first half of 2026. Yilanke's products now ship to more than 60 countries.
The signal: Yilanke is expanding modular power-conversion systems for commercial and industrial storage as China's time-of-use electricity pricing becomes fully market-driven in 2026.
Image credit: Generated with Gemini
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