# Jingwei Slewing Ring

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/jingwei-slewing-ring

- Industry: Industrial Machinery
- Headquarters: Maanshan, China
- Website: www.masjwei.com
- Total disclosed funding: $14M
- Latest round: Series C (Dec 29, 2023)
- Investors on record: 6

## About

Established in 2007 and based in Maanshan, China, Jingwei Slewing Ring is an industrial manufacturing company that focuses on the development, production and distribution of slewing bearing products. The company has built Anhui Province Enterprise Technology Center, Anhui Province worm gear drive engineering technology research center. The company has more than 10 technical products and more than 40 invention patents. It acquired certifications such as ISO10012 Measurement Management System, ISO9001 Quality Management System, GJB9001C Quality Management System, and IS014001 Environmental Management System. In December 2023, it raised a series C funding for over CNY 100 million.

The company's main business is the manufacture and sale of photovoltaic equipment and components, manufacture and sale of bearings, gears and transmission components, manufacture of radar and ancillary equipment, manufacture and sale of hydraulic power machinery and components, sale of wind turbines and components, and sale of electronic components and electromechanical assembly equipment. Its self-developed products such as slewing bearings, slewing gearboxes, and wind turbine bearings. Its products are used in the field of wind power, solar power, and industrial machinery.

The company will use the series C funding for the research and development of wind turbine main bearings, the construction of test platforms and the production of photovoltaic tracking gearboxes.

## Funding rounds

- Series C, Dec 29, 2023, $14M — Shenyin Wanguo Hongding Equity Investment Management, CETC Fund, Yuekai Capital, Dangtu Investment, Minju Venture Capital
- Series A, Dec 13, 2021 — CoStone Capital

## Investors

- CoStone Capital (https://capitalatlas.ai/funds/costone-capital) — Series A
- Shenyin Wanguo Hongding Equity Investment Management (https://capitalatlas.ai/funds/shenyin-wanguo-hongding-equity-investment-management) — Series C
- CETC Fund (https://capitalatlas.ai/funds/cetc-fund) — Series C
- Yuekai Capital (https://capitalatlas.ai/funds/yuekai-capital) — Series C
- Dangtu Investment — Series C
- Minju Venture Capital — Series C