# Chengdu Tianbao Heavy Industry

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chengdu-tianbao-heavy-industry

- Industry: Industrial Machinery
- Headquarters: Chengdu, China
- Website: www.tbhic.cn
- Total disclosed funding: $4.3M
- Latest round: Series A (Nov 21, 2007)
- Investors on record: 4

## About

Chengdu Tianbao Heavy Industry specializes in heavy machinery and equipment manufacturing, providing innovative solutions that cater to various industrial needs, enhancing operational efficiency across sectors.Founded in 2001, Chengdu Tianbao Heavy Industry is headquartered in Chengdu, China, and operates primarily in the heavy industry sector. The company has engaged in two significant deals, with its most recent deal being an IPO on January 21, 2014, raising CNY 308.4 million through the sale of shares. The founder has a background in industrial engineering, previously establishing other ventures within the sector.Chengdu Tianbao Heavy Industry focuses on manufacturing heavy machinery and equipment tailored for industrial applications. Their product range includes advanced machinery designed to optimize operational processes in sectors such as construction and logistics. The company also offers consultancy services to assist clients in implementing their equipment effectively, ensuring maximum operational benefits. Their market reach extends to Southeast Asia and Europe, where they cater to both SMEs and large enterprises with tailored machinery solutions.In the most recent fiscal year of 2020, Chengdu Tianbao Heavy Industry reported a revenue of CNY 56,262,745.50 and an EBITDA amounting to CNY 36,581,459.10. Their revenue model is primarily based on direct sales of machinery and service agreements with businesses, ensuring a steady stream of income.Following the IPO in January 2014, Chengdu Tianbao Heavy Industry plans to utilize the raised funds of CNY 308.4 million to develop new machinery products aimed at enhancing energy efficiency and sustainability. The company is targeting expansion into new markets, particularly in Europe and Southeast Asia, with goals set for 2025. By leveraging recent funding, they aim to enhance their production capabilities and invest in R&D for innovative solutions.

## Funding rounds

- Series A, Nov 21, 2007, $4.3M — CDF-Capital, Vision Investment Corporation, Hongkun Capital, Fuwei Venture Capital

## Investors

- CDF-Capital (https://capitalatlas.ai/funds/cdf-capital) — Series A
- Vision Investment Corporation — Series A
- Hongkun Capital (https://capitalatlas.ai/funds/hongkun-capital) — Series A
- Fuwei Venture Capital — Series A