# Shaanxi Guode Electric

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shaanxi-guode-electric

- Industry: Materials
- Headquarters: Xi'an, China
- Website: www.guode.com.cn
- Latest round: Series A (Dec 28, 2009)
- Investors on record: 2

## About

Shaanxi Guode Electric is a Chinese company that specializes in domain name sales, providing a secure platform for businesses and individuals to purchase premium domain names, thereby enhancing their online presence.Founded in 2004 and headquartered in Xi'an, China, Shaanxi Guode Electric operates within the domain brokerage sector. The company has not undergone any notable pivots in its business strategy since its inception. It has engaged in one significant funding round, raising CNY 45 million in Series A financing from Haitong Kaiyuan Investment and Haitong-Fortis Private Equity Fund Management on December 28, 2009, in exchange for a 17.31% stake.Shaanxi Guode Electric specializes in domain name sales, offering a streamlined platform for purchasing premium domain names. The company operates within the domain brokerage sector and provides a secure transaction process through its partnership with 4.cn, an ICANN-accredited registrar. The primary service includes the listing of domain names available for direct purchase at a predetermined price, facilitating transactions without intermediaries. Their customer base comprises businesses and individuals seeking to establish or enhance their online presence through unique and memorable domain names. The company's services are targeted towards both local and international markets, including but not limited to North America, Europe, and Asia, catering to diverse clientele ranging from startups to established enterprises.Shaanxi Guode Electric generates revenue primarily through transactions involving the sale of domain names. The company operates on a commission-based structure, facilitating the sale of domain names between sellers and buyers, with revenues accrued from transaction fees. Clients typically engage in direct purchases of listed domain names, with the transaction process managed by 4.cn to ensure security and professionalism. Pricing plans are structured around the domain name listings, with potential clients encouraged to make offers for available domains. This business model positions Shaanxi Guode Electric favorably in the domain brokerage market, allowing for consistent revenue flow through individual sales transactions.Shaanxi Guode Electric plans to enhance its service offerings by developing new products within the domain brokerage sector, although specific upcoming products and release dates have not been disclosed. The company aims to expand its market presence specifically into regions including North America and Europe by mid-2025, targeting businesses and individuals in these areas. The funding raised in December 2009, amounting to CNY 45 million, will be utilized to support these expansion initiatives and further develop their service capabilities.

## Funding rounds

- Series A, Dec 28, 2009 — Haitong-Fortis Private Equity Fund Management, Haitong Leading Private Equity Fund Management

## Investors

- Haitong-Fortis Private Equity Fund Management (https://capitalatlas.ai/funds/haitong-fortis-private-equity-fund-management) — Series A
- Haitong Leading Private Equity Fund Management (https://capitalatlas.ai/funds/haitong-leading-private-equity-fund-management) — Series A