# Shanghai HongYan Returnable Transit Packagings Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shanghai-hongyan-returnable-transit-packagings-co

- Industry: Logistics & Distribution
- Headquarters: Shanghai, China
- Website: horengroup.com
- Total disclosed funding: $55M
- Latest round: Series F (Jul 22, 2025)
- Investors on record: 7

## About

Founded in 2013 and based in Shanghai, China, Shanghai HongYan Returnable Transit Packagings Co., Ltd. operates as a provider of a digital packing platform that provides intelligent logistics circular packaging services. The company has applied more than 970 patents including over 700 Chinese Patents, and applied 134 International PCT Patents. HongYan Returnable Transit Packagings has been awarded as National High-Tech Enterprise. In June 2023, the company raised CNY 200 million in series D funding.

The company has integrated technologies such as the Internet of Things, big data, cloud computing and artificial intelligence with logistics packaging to build a logistics packaging wisdom cycle system. The system can be used in cycle management, smart leasing, supply chain forecasting and cross-country sharing scenarios for industries such as automotive parts, new retail and bulk liquids. HongYan Returnable Transit Packagings also offers boxes for the delivery of bulk liquids, fresh fruit and vegetables and automotive parts.

## Funding rounds

- Series F, Jul 22, 2025, $18M — Timesbole Venture Capital
- Series D, Jun 11, 2023, $28M — ZHONGGUANCUN SCIENCE-TECH LEASING CO., LTD., Sinan Yuanke
- Series C, Aug 28, 2019 — Asia Green Fund, Lantern Capital
- Series A, Feb 28, 2017, $7.3M — Yung Park Capital, Lantern Capital
- Angel, Jan 14, 2014, $2M — Vertex Ventures China

## Investors

- Vertex Ventures China (https://capitalatlas.ai/funds/vertex-ventures-china) — Angel
- Yung Park Capital — Series A
- Lantern Capital (https://capitalatlas.ai/funds/lantern-capital) — Series A, Series C
- Asia Green Fund (https://capitalatlas.ai/funds/asia-green-fund) — Series C
- ZHONGGUANCUN SCIENCE-TECH LEASING CO., LTD. — Series D
- Sinan Yuanke (https://capitalatlas.ai/funds/sinan-yuanke) — Series D
- Timesbole Venture Capital (https://capitalatlas.ai/funds/timesbole-venture-capital) — Series F