Shenzhen Xihua Technology Co., Ltd. announced that it has received CNY 200 million in funding from Greenwoods Capital Management Co., Ltd., Hongtai Capital Holdings, Luxin Venture Capital Group Co., Ltd., Hony Capital Co., Ltd.
November 12, 2023
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Shenzhen Xihua Technology Co., Ltd. announced that it has raised over CNY 200 million in a round of funding on November 13, 2023. The transaction included participation from new investors, Greenwoods Capital Management Co., Ltd., Hongtai Capital Holdings, Luxin Venture Capital Group Co., Ltd. and returning investor, Hony Capital (Beijing) Co., Ltd.
Luxin Venture Capital Group Co Ltd is a Chinese company mainly engaged in venture capital business and Grinder Industrial Operations. The Company operates through two segments. The Investment Segment is principally engaged in equity investments in new ventures. The Company's key investment areas include information technology, energy conservation and environmental protection, new energy, new materials, biomedicine, high-end equipment manufacturing and other industries. The Grinder Segment is mainly engaged in the production and sales of grinding and abrasive cloth. Its downstream customers are mainly military industry, automobile parts processing, aerospace, and precision processing enterprises.
Shenzhen Xihua Technology Co., Ltd. announced that it has received CNY 200 million in funding from Greenwoods Capital Management Co., Ltd., Hongtai Capital Holdings, Luxin Venture Capital Group Co., Ltd., Hony Capital Co., Ltd.
LUXIN VENTURE CAPITAL GROUP CO., LTD. 
