Zhizhan Technology Completes Hundreds of Millions of Yuan in Series B Financing

According to the official microblog of Zhizhan Technology, Zhizhan Technology (Shanghai) Co., Ltd. has completed a round B financing of several hundred million yuan. This round of financing was jointly led by the state-owned central enterprise fund-Guoxin Fund and the state-owned local fund-Lingang Digital Technology, followed by the state-owned local fund-Zhang Jianghaoheng, the well-known state-owned securities investment fund-Guotai Junan Innovation Investment, Huatai Zijin, and old shareholders such as Qiancheng Capital continued to be optimistic and continued to increase their investment. It is reported that the above investment has been delivered in August. In October last year, Zhizhan Technology completed a billion-level A+ round of investment, which was jointly completed by Qiancheng Capital, Qigao Capital, Yida Capital, etc. In 2022, Zhizhan Technology established a 25,000 square meter silicon carbide electric drive system black light factory in Jiaxing, with an automation rate of 100% for the production line and an annual production capacity of 1 million units. In terms of orders, Zhizhan Technology has obtained batch orders from industry-leading companies including Huayu Sandian, BYD Auto, GAC, Great Wall Motors, Huawei, State Power Investment, SAIC Jie Hydrogen, and Reshaping Technology. At the same time, Zhizhan Technology is actively exploring overseas markets and has reached in-depth cooperation with overseas customers such as Ballard, a leading Canadian hydrogen fuel cell stack company, PANKL of Germany, Garrett and FISCHER of Switzerland, INTECH FA, LG and Hyundai of South Korea.