Recently, Jiangsu Alliance Precision Technology Corp., Ltd., a premier domestic company specializing in high-end precision components, declared the successful closure of a C-round funding round, raising over 100 million yuan. The investors in this round include BOC Investment, alongside other participants, with Wanchuang Investment Bank serving as the financial advisor. Amidst the global reconfiguration of industrial chains, this funding round underscores a robust endorsement for the localization of China's high-end manufacturing industry.

Alliance Precision is renowned for its expertise in high-end precision stamping techniques, effectively tackling the challenges associated with mass-producing high-performance stators and rotors. Its offerings have successfully penetrated the supply chains of leading global automotive component suppliers. The influx of capital not only signifies the company's transition into a new growth phase but also highlights China's manufacturing sector's foray into the upstream 'high-value' segments, offering vital support for achieving industrial self-reliance.