Angchuang Technology (Suzhou) Co., Ltd. has recently announced the successful completion of a PRE-A round financing totaling tens of millions of yuan. This funding round was jointly invested by Yonghua Capital, Juzhuo Capital, and Zhongke IoT. The proceeds from this financing will be primarily allocated to advancing the research and development, as well as the mass production of fully active hydraulic suspensions, thereby accelerating the industrialization process. Additionally, the company has signed a contract with Changxing Urban Investment (Talent) Group, marking the establishment of a mass production facility for smart fully active hydraulic suspensions under Angchuang Technology (Zhejiang) Co., Ltd. in Changxing.