# Huashine Intelligent

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/huashine-intelligent

- Industry: Industrial Machinery
- Headquarters: Qingdao, China
- Website: www.huashine.net
- Total disclosed funding: $14M
- Latest round: Series B (Oct 26, 2023)
- Investors on record: 6

## About

Established in 2009 and based in Qingdao, China, Huashine Intelligent is an industrial manufacturing company that focuses on providing smart logistics, smart manufacturing total solutions. It has partnerships with Princeton, Kumho Tire, Shenzhen Mindray Bio-Medical Electronics Co., Ltd., and Ganfeng Lithium. The company completed the construction of its first smart factory in 2016 and launched the development of the Sky Hub system in 2020. In October 2023, it raised approximately CNY 100 million in series B funding led by new investor Sinochem Capital.

The company's main business is the self-development of stacker cranes, automated guided vehicle (AGV) trolleys, rail guided vehicle (RGV), electrical monorail system (EMS), handling robots, conveyors, as well as warehouse management system (WMS) and warehouse control system (WCS), which are used in automated three-dimensional warehouses. Its products are used in the fields of rubber tires, new energy, medicine, home appliances, electronics, chemicals, and garments.

## Funding rounds

- Series B, Oct 26, 2023, $14M — China International Capital Corporation, Intelligent Capital, Sinochem, Kaitou Hanrun Investment, Qingdao High-Tech Venture Capital Investment, Beijing Honghu Zhiyuan Venture Capital

## Investors

- China International Capital Corporation (https://capitalatlas.ai/funds/china-international-capital-corporation) — Series B
- Intelligent Capital — Series B
- Sinochem (https://capitalatlas.ai/funds/sinochem) — Series B
- Kaitou Hanrun Investment (https://capitalatlas.ai/funds/kaitou-hanrun-investment) — Series B
- Qingdao High-Tech Venture Capital Investment (https://capitalatlas.ai/funds/qingdao-high-tech-venture-capital-investment) — Series B
- Beijing Honghu Zhiyuan Venture Capital — Series B