Nongfu Spring founder-backed lab deepens bet on battery safety startup
The sequence of investment, relocation and follow-on funding points to a deeper consolidation of Qifang within Zhong’s expanding advanced materials portfolio.
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Nongfu Spring founder backs solid-state battery materials push
The deal marks Zhong’s first move into EV battery materials. It also extends his strategy of targeting upstream industrial sectors rather than consumer-facing businesses.
Nongfu Spring defies 2025 price war with record 23% revenue jump
The strong performance underscores the brand’s evolution from a single-category water producer into a dual-engine beverage company.