"Hangxing Transmission" announced the completion of a Pre-Series B financing round exceeding 100 million yuan.

36Kr learned that recently, "Hangxing Transmission", a high-end control system equipment service provider, announced the completion of a Pre-Series B financing round exceeding 100 million yuan, jointly invested by CRRC National Innovation, Guoxin Guozheng, and Anhui Provincial Industry Investment. The funds from this round will be used to further recruit high-end R & D talents, enhance core technology R & D capabilities, and expand domestic and international markets.