Startups enter CDC shock absorber market, Linton Automotive receives financing

Startup company Linton Automotive recently completed an angel round of financing of nearly 20 million yuan, led by Gaorong Capital. Linton Automotive focuses on developing electronically controlled shock absorbers with external solenoid valves. The product performance is comparable to that of international manufacturers, and has price and cost advantages. The company plans to achieve an annual production capacity of 1 million electronically controlled shock absorbers and solenoid valves.