Recently, Beijing Hangxing Transmission Technology Co., Ltd. has proudly announced the successful closure of its Pre-B round financing, amassing funds exceeding RMB 100 million. This significant investment round was co-led by CRRC Guochuang, Guoxin Guozheng, and Anhui Provincial Industrial Investment. With the infusion of capital and the strategic introduction of industrial shareholders, Hangxing Transmission is poised to harness their invaluable expertise to refine its management framework and optimize its market positioning.

The newly acquired funds will be primarily allocated towards attracting top-tier R&D professionals, bolstering research and development capabilities, and broadening market penetration. Renowned for its innovative design, Hangxing Transmission's range of servo systems stands out for their exceptional performance, cost-efficiency, and overall value, earning widespread acclaim in the market.

Presently, the company has forged partnerships with numerous military-industrial conglomerates and private rocket enterprises. Its products, serving as pivotal subsystems across diverse sectors, boast performance metrics that rival or even exceed those of international counterparts. This has resulted in the securing of substantial orders, underscoring the vast market potential of Hangxing Transmission.

Looking ahead, Hangxing Transmission is committed to closely aligning with pertinent development strategies, capitalizing on the 'full electrification' trend, and spearheading industrial advancement.