Joyotech has triumphantly concluded a financing round that has brought in over 100 million yuan. This round was co-led by Changzhou Guangyang Bearing and Cuiwei Fund, and saw participation from notable entities such as Suzhou Xingjun and Wuxi High-Tech Zone Investment Control Group. Additionally, existing shareholder Wuzhong Financial Holdings has further bolstered its stake. The freshly infused capital will be channeled into capacity expansion and R&D endeavors, at a time when the company's monthly orders have already surpassed the 50 million yuan mark.
