# Changcheng Zhonggong

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/changcheng-zhonggong

- Industry: Industrial Machinery
- Headquarters: Jining, China
- Total disclosed funding: $71M
- Latest round: Series A (Apr 30, 2025)
- Investors on record: 5

## About

Established in 2023 and based in Jining, China, Changcheng Zhonggong is a smart mine unmanned driving solution provider. In April 2025, it raised CNY 520 million in series A funding co-led by new investors China Merchants Group Limited and Shandong Energy Group, with participation from other new investors Zhongtai Venture Capital, Jining High-tech Development Group and Zhangjiagang Industrial Capital Center.

The company’s main business is providing innovative solutions for smart mining unmanned driving and new energy construction machinery. The company’s self-developed products include unmanned mining trucks, electric loaders, hydrogen-powered excavators, and integrated smart mining systems. Its products are used in the fields of large-scale mining operations, infrastructure construction, and renewable energy projects.

Changcheng Zhonggong generates revenue by providing new energy engineering machinery, customized intelligent mining unmanned driving solutions and technical services.

The company will use the series A funding to invest in the research and development of unmanned driving technology for smart mines, expand market channels, build production plants, and expand human resources.

## Funding rounds

- Series A, Apr 30, 2025, $71M — China Merchants Group Limited, Zhangjiagang Industrial Capital Center, Zhongtai Venture Capital, Shandong Energy Group, Jining High-tech Development Group

## Investors

- China Merchants Group Limited — Series A
- Zhangjiagang Industrial Capital Center (https://capitalatlas.ai/funds/zhangjiagang-industrial-capital-center) — Series A
- Zhongtai Venture Capital — Series A
- Shandong Energy Group — Series A
- Jining High-tech Development Group — Series A