# Ningxia Yinli Electric Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ningxia-yinli-electric-co

- Industry: Electronics
- Headquarters: Yinchuan, China
- Website: www.yinli.com.cn
- Latest round: Series C (May 25, 2022)
- Investors on record: 1

## About

Based in Yinchuan, and established in 1992, Ningxia Yinli Electric Co., Ltd. is an electrical components manufacturer that focuses on R&D and manufacturing electromagnetic components and related devices. As of May 202, the company has 400 employees. The company has multiple production bases, including the Shenzhen factory providing new energy vehicle components, and the Suzhou factory providing wind power, and photovoltaic components. The company has IRIS international railway standard certification and EN15085 international welding certification, and ISO management system certification.

The company provides electronic and electromagnetic components. Main products include transformers and reactors, which are used in the fields of power quality, switching power supply, wind power photovoltaic, marine, aerospace military, railway subway, and new energy vehicles. The company's products are used in the Harmony and Renaissance railway, the Shenzhou series of manned spaceships, and BYD.

The company will use the Series C funding to R&D products and upgrade equipment.

## Funding rounds

- Series C, May 25, 2022 — Cowin Capital

## Investors

- Cowin Capital (https://capitalatlas.ai/funds/cowin-capital) — Series C