# PPM (Shenzhen)

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ppm-shenzhen

- Industry: Industrial Machinery
- Headquarters: Shenzhen, China
- Website: www.ppmsolution.com/
- Total disclosed funding: $11M
- Latest round: Series C (Oct 1, 2015)
- Investors on record: 4

## About

Established in 2005 and based in Shenzhen, China, PPM (Shenzhen), Inc. operates as an auto parts service provider that focuses on driving skills. The company listed on the new third board and the stock code is 834044. The company has additional offices located in Wuhan as well as international offices located in Mexico and Germany. In 2016, the firm raised CNY 150 million in growth funding.

The company provides system components and some household appliances components such as automobile gas, fuel, steering and emissions. The company's products include air distribution series, steering shaft series and brake system. Products for the air distribution series include hydraulic and mechanical tappet, rocker arm and cam phaser spool. The company has many precision equipments such as CNC lathe, UVA internal grinder and gun drill.

The company has many clients such as BOSCH, SAIC-GM and NISSAN.

## Funding rounds

- Series C, Oct 1, 2015, $11M — Shenzhen HTI, Essence Capital, Fubang Holdings
- Series B, Dec 9, 2011, $0.6M — Shenzhen HTI, Beijing China Enterprise Association Investment Management Group

## Investors

- Shenzhen HTI (https://capitalatlas.ai/funds/shenzhen-hti) — Series B, Series C
- Beijing China Enterprise Association Investment Management Group — Series B
- Essence Capital — Series C
- Fubang Holdings — Series C