Recently, Suzhou Xi'en Technology Co., Ltd. made a significant announcement: it has successfully completed Pre-A and Pre-A+ round financing, raising hundreds of millions of yuan. In the Pre-A round, Zhongding Capital took the lead, with Matrix Partners China and other investors joining in. The Pre-A+ round was spearheaded by China Investment & Capital Corporation, with contributions from the Hongtai Fund and others. Notably, Matrix Partners China also chose to further increase its investment in this round.

The funds raised from this financing will be strategically allocated to several key areas, including high-end product research and development (R&D), enhancing production capacity, and expanding market reach. Established in 2021, Xi'en Technology has dedicated itself to the innovative R&D of high-end servo drive technology. To date, the company has successfully served over a hundred clients and achieved batch delivery of its products.

The lead investors in this financing, China Investment & Capital Corporation and Zhongding Capital, along with the existing shareholder Matrix Partners China, all express a strong sense of optimism regarding Xi'en Technology's future development. They believe that the company's technology aligns with strategic needs, its product performance has reached internationally advanced levels, its team is highly competent, and its application scenarios are extensive and promising.