# KINWIN

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kinwin

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Nanjing, China
- Website: www.kinwinauto.com
- Latest round: Series B (Dec 25, 2025)
- Investors on record: 6

## About

Based in Nanjing, China and founded in 2017, Nanjing Hengtian Lingrui Automobile Co., Ltd., trading as KINWIN, is a collaborative project in the field of new energy commercial vehicles between the Chinese Academy of Engineering, Hengtian Group, and Tsinghua University. The company has established a R&D system for whole vehicles, motors, and electric controls through self-development, joint ventures, and cooperation. Its electric control technology, developed in conjunction with South Korea's VCTech, and its electric drive system, led by the former core team of AC Propulsion. The company has been recognized with honors such as the Jiangsu Province Enterprise Technology Center and the Jiangsu Province New Energy System Engineering Technology Research Center. In December 2026, KINWIN raised a series B funding from new investors GUOSI PE Fund Management (Shanghai) Co.,Ltd, Lifu Equity Investment, Zheshang Capital Management, Zheshang Capital Management.
The company offers a comprehensive range of electrified solutions and products, including new energy heavy trucks, a full range of new energy buses, pure electric airport equipment, pure electric loaders, and mine electric explosion-proof vehicles. These solutions are designed to meet the electrification needs of various commercial and engineering scenarios, providing efficient and reliable electric solutions.
The company generates revenue primarily through the sales of its new energy commercial vehicles and engineering machinery, as well as through the provision of electrification solutions and related services. Its products have been sold in various countries and regions, including Saudi Arabia, Turkey, South Korea, and Thailand.

## Funding rounds

- Series B, Dec 25, 2025 — Zheshang Capital Management, Lifu Equity Investment, GUOSI PE Fund Management (Shanghai) Co.,Ltd
- Series B, Mar 28, 2024 — Chifortune Venture Capital, Peakview Capital, Shouzheng Desheng Capital Management.CO.,LTD

## Investors

- Chifortune Venture Capital (https://capitalatlas.ai/funds/chifortune-venture-capital) — Series B
- Peakview Capital — Series B
- Shouzheng Desheng Capital Management.CO.,LTD — Series B
- Zheshang Capital Management (https://capitalatlas.ai/funds/zheshang-capital-management) — Series B
- Lifu Equity Investment — Series B
- GUOSI PE Fund Management (Shanghai) Co.,Ltd — Series B