There were two facilities outlined in my prior post. Think you might have missed the San Jose facility - see below.
Edenvale Industrial Park (San Jose, CA): Partners: Developed in partnership with Hines. Scope: Spans two sites totaling 45+ acres. Buildings: Features three cutting-edge industrial buildings. Purpose: Designed to provide solutions for advanced manufacturing and operational excellence. Construction: Construction is scheduled to start in September 2024, with completion of the 647,327 sf building expected by June 2025.
According to its prospectus, Fox ESS plans to issue up to 90 million A-shares and aims to raise over RMB 1.6 billion ($222 million). The proceeds from the IPO will be used to construct a smart energy storage industrial park, R&D facilities, marketing and technical support systems, and as working capital.