Hangxing Transmission completes over 100 million yuan in Pre-B round financing, which will be used to further attract high-end R&D talents.

SadMoneyMeow

2026-03-23 08:03:14

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Viewpoint Network News: On March 23, capital market sources announced that Hangxing Transmission recently completed a pre-Series B financing round exceeding 100 million yuan. This round was jointly invested by China Guochuang, Guoxin Guozheng, and Anhui Provincial Investment.

According to disclosures, the funds will mainly be used to attract high-end R&D talent, strengthen core technology development capabilities, and promote the company’s expansion in domestic and overseas markets.

Public information shows that Hangxing Transmission focuses on high-end control systems and equipment, operating in a technology-intensive sector.

Disclaimer: The content and data of this article are compiled by Viewpoint based on public information and do not constitute investment advice. Please verify before use.

(Edited by: Liu Jing HZ010)

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