# Xingguang Agricultural Machinery Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xingguang-agricultural-machinery-co

- Industry: Agribusiness
- Headquarters: Huzhou, China
- Website: www.xg1688.com
- Total disclosed funding: $25M
- Latest round: Series A (Jun 28, 2011)
- Investors on record: 3

## About

Founded in 2004 and based in Huzhou, China, Xingguang Agricultural Machinery Co., Ltd operates as an agricultural equipment manufacturing company that focuses on the production and sales of grain harvesting machinery and related products. It was recognized as the National High-tech Enterprise. Shenqiang Zhang, the general manager, chairman, and director of the company, is also a member of the Huzhou Municipal People's Congress. The company acquired certifications such as ISO9001 and ISO14000. In June 2011, Xingguang Agricultural Machinery Co., Ltd raised a venture funding for CNY 165 million. In April 2015, the company was listed on the Shanghai Stock Exchange.

The company's main business is the manufacture of agricultural machinery. Its main products are grain combine harvesters, rapeseed combine harvesters, crawler self-propelled rotary tillers, circulating grain dryers, etc. The company also provides technical support to users.

The company generates revenue by selling agricultural machinery.

## Funding rounds

- Series A, Jun 28, 2011, $25M — Fortune Capital, China Growth Capital, The Linhui Fund

## Investors

- Fortune Capital — Series A
- China Growth Capital (https://capitalatlas.ai/funds/china-growth-capital) — Series A
- The Linhui Fund (https://capitalatlas.ai/funds/the-linhui-fund) — Series A