# Fuxin Dare

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fuxin-dare

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Fuxin, China
- Website: www.fzb.com.cn
- Total disclosed funding: $8.1M
- Latest round: Series B (Nov 1, 2011)
- Investors on record: 1

## About

Established in 2004 and based in Fuxin, China, Fuxin Dare operates as an auto parts system supplier that engages in R&D, manufacturing, and sales of auto parts. Li Yi, chairman of the board, currently serves as executive director of Shanghai Fenghe Precision Machinery. It was recognized as the National High-tech Enterprise. The company established Carcoustics Shanghai technology consulting center in September 2018. The company cooperated with Liaoning Technical University in September 2021. It has R&D centers in Shanghai, Japan, and the USA. The company has branch offices in Shenzhen, Changchun, Changzou, and other cities. The company was listed on the Shenzhen Stock Exchange in June 2015. In August 2022, Fuxin Dare raised a PIPE funding for CNY 250 million.

Fuxin Dare's main business is the research and development, manufacturing, and sales of automotive parts. Its main products include automotive steering pumps, gear pumps, transmission oil pumps, electric power steering system motors, electro-hydraulic pumps, keyless entry and start systems, etc. Products can be used in steering, transmission, braking, automotive electronics, body auxiliary driving systems, and other fields. Products have served enterprise clients such as Whirlpool, Foton, and BYD.

The company generates revenue by selling automotive parts.

## Funding rounds

- Series B, Nov 1, 2011, $8.1M — China Aviation Industry Fund

## Investors

- China Aviation Industry Fund (https://capitalatlas.ai/funds/china-aviation-industry-fund) — Series B