On April 12, Libode(宜宾锂宝) completed its B round of financing, with a total of CNY 2.578 billion (USD 397 million) in funding, with the goal of accelerating its IPO and completing the company's core shareholder plan.
Libode is a China-based company that manufactures and distributes lithium-ion battery cathode materials for applications such as electric vehicles and consumer electronics.