Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Blockchain-based Energy Service Provider MixisLink Wins RMB 15 Mln Investment

Tunghsu Azure, 6/28/18

Chinese new energy service provider Tunghsu Azure (000040.SZ) disclosed today the recent signing of an agreement to acquire a 20% stake in blockchain-based energy service provider MixisLink Technology for a total consideration of RMB 15 mln.

MixisLink is an energy blockchain technology service provider, which has developed several energy blockchain platforms. MixisLink's main chain, "Junengchain," allows energy industry clients to participate in resource and data sharing.

Tunghsu Azure's investment is aimed at developing energy blockchain technology to achieve smart operations, convenient trading, and optimized costs in energy. Tunghsu Azure also hopes to utilize energy blockchain technology to record and track production and transaction information for different types of energy, which can transform energy into a medium for storing value and make it possible to achieve synergy among different energy systems.

Keywords: MixisLink Tunghsu Azure 000040.SZ Internet energy blockchain M&A


Please note, all fields are required.
None of your personal information will be shared with third parties.



The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports