# Shandong Xinfengguang Electronic Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shandong-xinfengguang-electronic-technology

- Industry: Electronics
- Headquarters: Jinan, China
- Website: www.fengguang.com
- Total disclosed funding: $4.8M
- Latest round: Series B (Jan 9, 2012)
- Investors on record: 2

## About

Based in Wenshang, China and established in 2004, Shandong Xinfengguang Electronic Technology focuses on power electronic energy saving control technology and products. The company has 8 research platforms and laboratory bases. The company has 26 years in research and manufacturing experience. Also, the company has passed 17 national/industry standards quality management systems. The company was listed on the Shanghai Stock Exchange for RMB 507 million.

The company provides solutions of speed saving, intelligent control, improve power quality and other aspects for customers. The main products includes high voltage dynamic reactive power compensation device, high and low voltage frequency converter, rail transit energy feedback device and special power supply, which are applied in new energy power generation, rail transit, metallurgy, electric power, mining, chemical industry and other fields.

In 2020, the company's operating revenue achieved RMB 843.93 million, with a year-on-year growth of 33.70%.

## Funding rounds

- Series B, Jan 9, 2012, $4.8M — Infinity Group, High Ground Capital

## Investors

- Infinity Group (https://capitalatlas.ai/funds/infinity-group) — Series B
- High Ground Capital (https://capitalatlas.ai/funds/high-ground-capital) — Series B