# SHENYANG HONGYUAN MAGNET WIRE CO.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/shenyang-hongyuan-magnet-wire-co

- Industry: Power & Utilities
- Headquarters: Shenyang, China
- Website: www..hydcx.com
- Latest round: Series B (Dec 12, 2020)
- Investors on record: 1

## About

Founded in 1983, based in Shenyang, China, SHENYANG HONGYUAN MAGNET WIRE CO., LTD operates as magnetic wire manufacturer that focuses on the magnet wire products used across various electrical applications. The company has been recognized as Manufacturing Single Champion Demonstration Enterprise and has set up a subsidiary in Shenyang. The company was listed on the Beijing Stock Exchange in 2025. The company focuses on manufacturing magnet wires for use in transformers, motors, and generators. Its line includes enamelled copper and aluminium wires designed for increased conductivity and durability. Specific products include copper flat wire, bare aluminium flat wire, enamelled copper winding wire, transposed conductor, wrapped wire, etc. Its clients are China XD Group, Shandong Electric Power Equipment and other power transmission and transformation equipment manufacturers. The company generates revenue by developing and manufacturing UHV DC transformer magnet wire for transformer and reactor manufacturing industries.

## Funding rounds

- Series B, Dec 12, 2020 — Zheshang Venture Capital

## Investors

- Zheshang Venture Capital (https://capitalatlas.ai/funds/zheshang-venture-capital) — Series B