# Changzhou Wujin Zhongrui Electronic Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/changzhou-wujin-zhongrui-electronic-co

- Industry: Hardware
- Headquarters: Changzhou, China
- Website: www.zrelectron.com
- Total disclosed funding: $15M
- Latest round: Series A (Nov 10, 2017)
- Investors on record: 2

## About

Founded in 2001 and based in Changzhou, China, Changzhou Wujin Zhongrui Electronic Co., Ltd. operates as a manufacturing company that focuses on the development and production of lithium battery caps and related products. The company was recognized as the National High-tech Enterprise. It acquired ISO9001:2015 and IATF16949:2016 quality management system certifications. The company established a provincial engineering technology research center. In November 2017, Changzhou Wujin Zhongrui Electronic Co., Ltd. raised a series A funding for USD 15 million from new investors Shenzhen Guozhong Venture Capital Management and Shenzhen Capital Group. In April 2024, the company was listed on the Shenzhen Stock Exchange.

Changzhou Wujin Zhongrui Electronic Co., Ltd.'s main business is the production and sales of organic positive temperature coefficient resistors and lithium battery protection caps. Its products can be categorized into battery explosion-proof combination caps and automatic recovery overcurrent protection components. Products can be used in new energy vehicles, VR glasses, Bluetooth headsets, and other fields.

The company generates revenue by selling lithium battery caps and related products.

The company will use the IPO proceeds for the research and development of structural components for power lithium batteries, as well as the construction of a research and development center.

## Funding rounds

- Series A, Nov 10, 2017, $15M — Shenzhen Guozhong Venture Capital, Shenzhen Capital Real Estate Fund

## Investors

- Shenzhen Guozhong Venture Capital (https://capitalatlas.ai/funds/shenzhen-guozhong-venture-capital) — Series A
- Shenzhen Capital Real Estate Fund (https://capitalatlas.ai/funds/shenzhen-capital-real-estate-fund) — Series A