Radar · Manufacturing Services in China
Best Manufacturing Services Companies in China
The 886 best Manufacturing Services companies in China in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: China Energy Engineering Group.
By Rohit KhannaTrends & Stories
886companies tracked
$2.8Bdisclosed funding
0unicorns
80have raised
If you want to know where Manufacturing Services capital is actually concentrating in China right now, this directory tracks 886 companies ranked by disclosed equity funding and recent funding momentum. Total disclosed funding across the cohort sits at $2.8B, and the spread is steep. China Energy Engineering Group leads at $944M, Hejian Industrial Software pulled $274M, and Positec Group follows at $250M. Three companies alone account for the bulk of that pool. Investors moving the most deals include Addor Capital, Fortune Capital, and Shenzhen Capital Group, all circling industrial software and advanced components.
So what's actually live this quarter? Median app install growth is running at roughly +19% year-on-year across 216 motor vehicle and electrical manufacturing apps, which tells you adoption is real, not projected. Hot themes right now are manufacturing PMI, tariff negotiations, and job creation rates, and I'd watch that combination closely because it signals the sector's moving on macro as much as on technology. As the MaaS model gains traction, flexible production structures are reshaping how Chinese manufacturers think about capacity and scale. Research as shown in this 2018 paper on digital manufacturing integration backs the longer shift toward software-driven production that funding patterns here confirm. You're looking at a sector that's moving fast, and the funding data reflects that.
FLIAR INTELLIGENCE · MANUFACTURING SERVICES × CHINA
Our analysis of 200 Manufacturing Services companies
$4.4b in tracked funding; 61% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
200companies analysed
61%cloud-native stacks
2025funding peak (by rounds)
2002median founding year
42median Fliar Index™
Ranked: Best Manufacturing Services companies in China
| # | Company | Disclosed funding | Last round | Stage | Employees | Founded | Founder | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | China Energy Engineering Group Energy conglomerate 74Funding top 20%Growth top 22%Partners top 31%Market top 37% All 7 signals ▾Fundingtop 20% Growthtop 22% Partnerstop 31% Markettop 37% Newstop 39% Globalbottom 36% Techbottom 24% Funding: Raised $944M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Growth: Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 74/100 | $944M | 3 mo ago | Late Stage | 130,295 | 1975 | — | — | — |
| 2 | Hejian Industrial Software Manufacturer of electronic systems 65Market top 33%Funding top 33%Global bottom 36% All 3 signals ▾Markettop 33% Fundingtop 33% Globalbottom 36% Market: 300 employees (top 16% of Industrial Goods and Manufacturing) Funding: Raised $274M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 65/100 | $274M | 48 mo ago | Seed | 300 | 2021 | — | — | — |
| 3 | Positec Group Manufactures cutlery and general hardware products 40Funding top 18%News top 29%Growth top 37%Talent bottom 49% All 8 signals ▾Fundingtop 18% Newstop 29% Growthtop 37% Talentbottom 49% Globalbottom 48% Patentsbottom 33% Techbottom 30% Innovationbottom 18% Funding: Raised $250M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) News: 5 BI events in 12 mo (of 12 tracked, 3 types) · +67% YoY rank vs industry peers · Fliar Intelligence Index 40/100 | $250M | 17 mo ago | Series D | — | 1994 | Torsten Bollweg CEO Europe | 3 patents Li‑S energy storage and high‑efficiency cyclonic power‑tool technology | 1 partnership |
| 4 | Lovol Smart agriculture solutions provider, empowering modern agriculture with intelligent technology 45Funding top 36%Market top 45%Growth top 45%Global bottom 29% All 5 signals ▾Fundingtop 36% Markettop 45% Growthtop 45% Globalbottom 29% Techbottom 22% Funding: Raised $248M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) Market: 221 employees (top 18% of Industrial Goods and Manufacturing) · Top-5,000,000 web property rank vs industry peers · Fliar Intelligence Index 45/100 | $248M | 49 mo ago | Late Stage | 221 | 1998 | — | — | — |
| 5 | Shenyang Machine Tool Developer of machines tools 53Funding top 29%Market top 36%Growth top 45%Talent bottom 49% All 6 signals ▾Fundingtop 29% Markettop 36% Growthtop 45% Talentbottom 49% Globalbottom 25% Techbottom 21% Funding: Raised $207M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) Market: 2,830 employees (top 3% of Industrial Goods and Manufacturing) · Top-50,000,000 web property rank vs industry peers · Fliar Intelligence Index 53/100 | $207M | 43 mo ago | Public | 2,830 | 1993 | Xiyou Guan CEO | — | — |
| 6 | Zhejiang Konghui Automobile Technology Provider of automotive electronic suspension controller software, hardware, air spring, and pump assembly 72Funding top 26%Market top 30%Talent top 38%Global bottom 36% All 4 signals ▾Fundingtop 26% Markettop 30% Talenttop 38% Globalbottom 36% Funding: Raised $113M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) Market: 420 employees (top 12% of Industrial Goods and Manufacturing) rank vs industry peers · Fliar Intelligence Index 72/100 | $113M | 32 mo ago | Series C | 420 | 2018 | Guo Chuan Co-Founder & CEO | — | — |
| 7 | Beijing Luoan Technology Provider of cyber security services to manufacturing industries 60Funding top 31%Market top 46%Global bottom 29% All 3 signals ▾Fundingtop 31% Markettop 46% Globalbottom 29% Funding: Raised $89.4M across 2 rounds · 2 rounds over 7 yrs (0.3/yr) Market: 100 employees (top 35% of Industrial Goods and Manufacturing) rank vs industry peers · Fliar Intelligence Index 60/100 | $89M | 46 mo ago | Series C | 100 | 2017 | — | — | — |
| 8 | XCMG Provider of industrial internet platforms, solutions, and related support services 55Funding top 31%Global bottom 48% All 2 signals ▾Fundingtop 31% Globalbottom 48% Funding: Raised $86.5M across 2 rounds · 2 rounds over 7 yrs (0.3/yr) Global: Investors from 1 country beyond China rank vs industry peers · Fliar Intelligence Index 55/100 | $86M | 41 mo ago | Series B | 111 | 2018 | — | — | — |
| 9 | Wenext Offers CNC machining, 3D printing, and injection molding services 45Innovation top 20%Product top 30%Funding top 33%Growth top 45% All 8 signals ▾Innovationtop 20% Producttop 30% Fundingtop 33% Growthtop 45% Talentbottom 49% Globalbottom 38% Techbottom 34% Marketbottom 28% Innovation: 12 product lines Product: 12 distinct product lines · Company stage: Series B rank vs industry peers · Fliar Intelligence Index 45/100 | $71M | 54 mo ago | Series B | — | 2014 | Lu Xueyuan CEO | — | — |
| 10 | Xin Jinghe Laser Technology Development Manufacturer of precision 3D printing products 55Funding top 35%Global bottom 48% All 2 signals ▾Fundingtop 35% Globalbottom 48% Funding: Raised $59.3M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) Global: Investors from 1 country beyond China rank vs industry peers · Fliar Intelligence Index 55/100 | $59M | 48 mo ago | Series C | 600 | 2017 | — | — | — |
| 11 | UDS Provider of business system and process configuration services 55Funding top 42%Global bottom 48% All 2 signals ▾Fundingtop 42% Globalbottom 48% Funding: Raised $55.5M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) Global: Investors from 1 country beyond China rank vs industry peers · Fliar Intelligence Index 55/100 | $56M | 36 mo ago | Series A | 350 | 1995 | — | — | — |
| 12 | Capcon Manufacturer of semiconductors 37Talent top 28%Funding top 30%Innovation top 40%Patents top 40% All 9 signals ▾Talenttop 28% Fundingtop 30% Innovationtop 40% Patentstop 40% Growthtop 45% Moattop 45% Globalbottom 36% Techbottom 25% Marketbottom 16% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Funding: Raised $50.0M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 37/100 | $50M | 34 mo ago | Series B | — | 2014 | Wang Hongbo Co-Founder | 21 patents Semiconductor chip packaging and automated component assembly technologies | — |
| 13 | Multiway Robotics Technology Provider of industrial warehouse automation and intelligent manufacturing services 76Innovation top 21%Patents top 21%Funding top 31%Moat top 45% All 7 signals ▾Innovationtop 21% Patentstop 21% Fundingtop 31% Moattop 45% Markettop 46% Talentbottom 49% Globalbottom 40% Innovation: 29 patents (top 30% of patent-holders) · 29 filings since 2022 vs 0 in 2017-21 Patents: 29 patents matched (strict assignee match) · 29 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 76/100 | $45M | 42 mo ago | Series B | 100 | 2019 | Chen Wencheng Founder & CEO | 29 patents Autonomous material handling robots for automated forklift and pallet truck operations | — |
| 14 | Jiangsu Lianbo Precision Technology Manufacturer and supporting services for stator & rotor products 65Market top 36%Funding top 39%Global bottom 29% All 3 signals ▾Markettop 36% Fundingtop 39% Globalbottom 29% Market: 200 employees (top 20% of Industrial Goods and Manufacturing) Funding: Raised $44.4M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 65/100 | $44M | 46 mo ago | Series B | 200 | 2008 | — | — | — |
| 15 | Suzhou Yige Technology Manufacturer of FPGA chips 50Funding top 40%Talent bottom 49%Global bottom 36% All 3 signals ▾Fundingtop 40% Talentbottom 49% Globalbottom 36% Funding: Raised $41.4M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 50/100 | $41M | 45 mo ago | Seed | — | 2022 | Zou Guangyao Co-Founder | — | — |
| 16 | Shenzhen Chengtai Technology R&D based manufacturer of millimeter wave radar products | $28M | 54 mo ago | Series B | — | 2016 | Jack Chen CEO | — | — |
| 17 | Beijing Software Robotics Technology Manufacturer of special design of jaws vacuum flasks to establish the world according to user requirements 55Funding top 38%Global bottom 48% All 2 signals ▾Fundingtop 38% Globalbottom 48% Funding: Raised $20.8M across 1 rounds · 1 rounds over 9 yrs (0.1/yr) Global: Investors from 1 country beyond China rank vs industry peers · Fliar Intelligence Index 55/100 | $21M | 34 mo ago | Series C | 370 | 2015 | — | — | — |
| 18 | Dalian Zhiyun Automation Manufacturer of industrial automative equipments | $19M | 72 mo ago | Public | 807 | 1992 | Tan Yongliang CEO | 13 patents Automated tube and seat‑ring press/assembly systems for HVAC and automotive components | — |
| 19 | Chongqing Xiyu New Material Technology Provider of R&D based production of silver nanowires | $16M | 53 mo ago | Series A | — | 2019 | Yang Jianwen Co-Founder | — | — |
| 20 | Shanghai Golytec Automation Supplier of magnetic levitation technology solutions | $15M | 56 mo ago | Series A | 180 | 2015 | — | — | — |
| 21 | Ningbo Hansheng Transmission Technology Offers research, development and production of robot joint reducers 22Funding top 43%Talent bottom 45%Market bottom 31%Global bottom 29% All 4 signals ▾Fundingtop 43% Talentbottom 45% Marketbottom 31% Globalbottom 29% Funding: Raised $14.1M across 1 rounds · 1 rounds over 7 yrs (0.1/yr) Talent: 1 named leader on record rank vs industry peers · Fliar Intelligence Index 22/100 | $14M | 20 mo ago | Series A | 30 | 2017 | Craig Fan Co-Founder & CTO | — | — |
| 22 | Cedar Composites Technology Manufacturer of leisure, medical care, and rail transit field products | $14M | 73 mo ago | Series B | 218 | 2006 | — | 17 patents Patents concentrated in transport & manufacturing processes | — |
| 23 | Suzhou Supermag Intelligent Technology Provider of high-end Maglev Bearingless equipment and industry solutions for semiconductor, bioprocessing… 29Funding top 39%Talent bottom 49%Global bottom 33% All 3 signals ▾Fundingtop 39% Talentbottom 49% Globalbottom 33% Funding: Raised $14.1M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 29/100 | $14M | 29 mo ago | Series A | — | 2017 | Chengke Yin Founder & CEO | — | — |
| 24 | Ganzhou Good Friends Technology Provider of sorting equipment for mining 50Talent top 38%Funding top 50%Global bottom 29% All 3 signals ▾Talenttop 38% Fundingtop 50% Globalbottom 29% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Funding: Raised $14.0M across 1 rounds · 1 rounds over 5 yrs (0.2/yr) rank vs industry peers · Fliar Intelligence Index 50/100 | $14M | 30 mo ago | Series C | — | 2015 | He Pengyu CEO | — | — |
| 25 | Shenzhen Zhongji Automation Provider of R&D, design, production, sales and services to lithium battery automated production equipment 65Market top 31%Funding top 44%Global bottom 29% All 3 signals ▾Markettop 31% Fundingtop 44% Globalbottom 29% Market: 410 employees (top 13% of Industrial Goods and Manufacturing) Funding: Raised $13.9M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 65/100 | $14M | 27 mo ago | Series A | 410 | 2004 | — | — | — |
| 26 | Suzhou Hanguang Micronano Technology Provider of microfluidics and nano technology services for biomedical industry | $14M | 44 mo ago | Series B | 180 | 2014 | — | — | — |
| 27 | Demark Provider of precision machining and surface spraying services for multiple industries 65Market top 36%Funding top 41%Global bottom 29% All 3 signals ▾Markettop 36% Fundingtop 41% Globalbottom 29% Market: 200 employees (top 20% of Industrial Goods and Manufacturing) Funding: Raised $13.8M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 65/100 | $14M | 25 mo ago | Series A | 200 | 2022 | — | — | — |
| 28 | TERJIN Provider of drone detection, identification, and positioning technology 13Funding top 34%Talent bottom 49%Tech bottom 45%Global bottom 29% All 5 signals ▾Fundingtop 34% Talentbottom 49% Techbottom 45% Globalbottom 29% Marketbottom 16% Funding: Raised $13.8M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 13/100 | $14M | 15 mo ago | Series B | — | 2003 | Huajing Jiang CEO | — | — |
| 29 | Wuxi Shengteng Semiconductor Technology Provider of semiconductor equipment, sheet metal, and chemical cleaning maintenance services 4Funding bottom 45%Global bottom 25%Market bottom 8% All 3 signals ▾Fundingbottom 45% Globalbottom 25% Marketbottom 8% Funding: Raised $13.7M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) Global: Single-market focus (China) rank vs industry peers · Fliar Intelligence Index 4/100 | $14M | 31 mo ago | Series B | 2 | 2010 | — | — | — |
| 30 | Jiangxi Heli Wulian Industrial Developer of CMO finished products | $9M | 51 mo ago | Series A | — | 2015 | Huang Xiaoyong Founder | — | — |
| 31 | Magnity Electronics Manufacturer of tandoors and related cooking equipment | $8M | 99 mo ago | Series B | 60 | 2008 | — | — | — |
| 32 | CXMT Designs & manufactures memory chips 60Innovation top 3%Patents top 17%Moat top 41%Growth top 45% All 10 signals ▾Innovationtop 3% Patentstop 17% Moattop 41% Growthtop 45% Fundingtop 47% Talentbottom 49% Partnersbottom 43% Marketbottom 42% Globalbottom 36% Techbottom 24% Innovation: 490 patents (top 2% of patent-holders) · 490 filings since 2022 vs 0 in 2017-21 Patents: 490 patents matched (strict assignee match) · 490 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 60/100 | $5M | 31 mo ago | Series C | — | 2016 | Zhu Yiming CEO | 490 patents Advanced semiconductor packaging, 3D integration, and high‑density memory device fabrication | — |
| 33 | Fiber Biotech Limited information available | $2M | 55 mo ago | Seed | 20 | 2003 | — | — | 1 launch |
| 34 | Solidrocks Provider of artificial intelligence and industrial Internet security solutions for manufacturers | $2M | 44 mo ago | Seed | 30 | 2021 | — | — | — |
| 35 | Wuhan Biaodi Electronic Technology Manufacturer of power system | $1M | 48 mo ago | Series A | 18 | 2007 | — | — | — |
| 36 | China Square Technology Provider of industrial automation and computer vision systems for intelligent manufacturing | $1M | 59 mo ago | Series A | 150 | 2017 | Jiadi Yao Founder And Cto | — | — |
| 37 | Hangzhou Yungu Technology Manufacturer of calorimeter, heat metering box, smart balance valve, and other products | $1M | 32 mo ago | Series B | 34 | 2011 | Ding Yun Founder | — | — |
| 38 | Mubai Technology Provider of industrial solutions data and artificial intelligence technology | $1M | 37 mo ago | Series A | 6 | 2002 | Qian Shengqia Founder & CEO | — | — |
Top 12 Manufacturing Services companies in China
#1
Late Stage · Chaoyang, Beijing · founded 1975 · 130295 employees$944.5Mraised▾
Late Stage · Chaoyang, Beijing · founded 1975 · 130295 employees
China Energy Engineering Corporation is an energy conglomerate. It provides services in various sectors like survey, design and consultancy, construction and contracting, equipment manufacturing, civil explosives, cement production, investment & more to corporates. The company top markets in Hong Kong. In 2022, the company recorded annual revenues of $55.52B and a net profit of $1.15B.
Fliar Intelligence Index™ 74how this company ranks against its industry peers
Funding
top 20%Growth
top 22%Partners
top 31%Market
top 37%News
top 39%Global
bottom 36%Funding: Raised $944M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Post IPO (Mar 2026)
Growth: Fresh capital in last 24 mo
Partners: 1 partnership announcement in 12 mo (1 in 24 mo) · 4 contract events in 12 mo · Named contractor/client in 4 deals
Funding rounds
- Mar 2026Post IPO$944.5M
Investors
Shanghai Tunnel Engineering, Dreamhub
Tech stack
HstsJavaJquery
#2
Series D · Suzhou, Jiangsu · founded 1994$250Mraised▾
Series D · Suzhou, Jiangsu · founded 1994
Manufactures cutlery and general hardware products
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Funding
top 18%News
top 29%Growth
top 37%Talent
bottom 49%Global
bottom 48%Patents
bottom 33%Funding: Raised $250M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series D (Jan 2025)
News: 5 BI events in 12 mo (of 12 tracked, 3 types) · +67% YoY · 3 high-value events (IPO/M&A/funding/contracts) in 12 mo
Growth: Web rank 10,000,000 → 50,000,000 YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 14k LinkedIn followers — 83.0% of this cohort's audience
Activity (LinkedIn): 1 partnerships (incl. Bain Capital) announced in 12 mo
Funding rounds
- Jan 2025Series D$250M
Founders & team
Investors
Frontier, Rockets Capital, CLSA Capital Partners, NRL Capital
Tech stack
Amazon SesAmazon Web ServicesApple Icloud MailHstsHubspotIis
#3
Series B · Minhang, Shanghai · founded 2003$13.8Mraised▾
Series B · Minhang, Shanghai · founded 2003
Shanghai Terjin is a leading industry provider of drone detection, identification, and tracking solutions with almost 20 years of experience in radio monitoring and positioning technology. Their focus on lower airspace security management solutions for governments worldwide sets them apart in the industry.
Fliar Intelligence Index™ 13how this company ranks against its industry peers
Funding
top 34%Talent
bottom 49%Tech
bottom 45%Global
bottom 29%Market
bottom 16%Funding: Raised $13.8M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) · Last round Series B (Feb 2025)
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Tech: 12 technologies across 4/8 capability areas · Devops: Nginx · Security: Hsts, Http/3
Funding rounds
- Feb 2025Series B—
- May 2024Series B$13.8M
Founders & team
Investors
Shenzhen Capital Group, Free Trade Zone Fund, Dahua Group, Yuanyi Investment, CDH, JIC Technology Investment
Tech stack
Animate.CssApache Http ServerBaidu Analytics (百度统计)Core-JsGoogle AnalyticsGoogle Tag Manager
#4
Series A · Ningbo, Zhejiang · founded 2017 · 30 employees$14.1Mraised▾
Series A · Ningbo, Zhejiang · founded 2017 · 30 employees
Developer and manufacturer of robotic joint parts designed to improve robotic performance. The company focuses on research and development of robotic decelerators that helps mitigate the noises of operating robots and extend robots usage cycle, enabling clients to effectively improve robots performance.
Fliar Intelligence Index™ 22how this company ranks against its industry peers
Funding
top 43%Talent
bottom 45%Market
bottom 31%Global
bottom 29%Funding: Raised $14.1M across 1 rounds · 1 rounds over 7 yrs (0.1/yr) · Last round Series A (Oct 2024)
Talent: 1 named leader on record
Market: 30 employees
Funding rounds
- Oct 2024Series A$14.1M
- 2019Seed—
Founders & team
Investors
Aplus Capital, Green Pine Capital Partners, Yunqi Partners, Green River Investment
#5
Series C · Huzhou, Zhejiang · founded 2018 · 420 employees$113.5Mraised▾
Series C · Huzhou, Zhejiang · founded 2018 · 420 employees
Provider of automotive electronic suspension controller software, hardware, air spring, and pump assembly
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Funding
top 26%Market
top 30%Talent
top 38%Global
bottom 36%Funding: Raised $113M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) · Last round Series C (Sep 2023)
Market: 420 employees (top 12% of Industrial Goods and Manufacturing)
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding rounds
- Sep 2023Series C$41.1M
- Nov 2022Series B$72.4M
- Sep 2021Series A—
- Feb 2021Seed—
Founders & team
Investors
Legend Star, Source Code Capital, Shenzhen Capital Group, Yonghua Capital, Shanshan, China Venture Capital
#6
Seed · Pudong, Shanghai · founded 2021 · 300 employees$274.1Mraised▾
Seed · Pudong, Shanghai · founded 2021 · 300 employees
Manufacturer of electronic systems
Fliar Intelligence Index™ 65how this company ranks against its industry peers
Market
top 33%Funding
top 33%Global
bottom 36%Market: 300 employees (top 16% of Industrial Goods and Manufacturing)
Funding: Raised $274M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) · Last round Seed (Jun 2022)
Global: Investors from 1 country beyond China
Funding rounds
- Jun 2022Seed$164.5M
- Dec 2021Seed$109.6M
Investors
IDG Capital, Chinese Academy of Sciences, Xinhua News Agency, CAERI, Wuyuefeng, GAC Capital
#7
Public · Shenyang, Liaoning · founded 1993 · 2830 employees$206.9Mraised▾
Public · Shenyang, Liaoning · founded 1993 · 2830 employees
Developer of machines tools
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Funding
top 29%Market
top 36%Growth
top 45%Talent
bottom 49%Global
bottom 25%Tech
bottom 21%Funding: Raised $207M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) · Last round Post IPO (Nov 2022)
Market: 2,830 employees (top 3% of Industrial Goods and Manufacturing) · Top-50,000,000 web property
Funding rounds
- Nov 2022Post IPO$206.9M
Founders & team
Tech stack
JqueryModernizrNginxSwiper
#8
Late Stage · Tianjin, Tianjin · founded 1998 · 221 employees$248.1Mraised▾
Late Stage · Tianjin, Tianjin · founded 1998 · 221 employees
Smart agriculture solutions provider, empowering modern agriculture with intelligent technology. They offer comprehensive solutions for modern agriculture, specializing in intelligent technology and agricultural equipment. Their offerings include agricultural machinery, transmissions, tractors, wheat harvesters, corn harvesters, and various agricultural tools. They focus on providing complete mechanized solutions, driving advancements in core technologies like high-horsepower tractors and precision seeding machines. They are committed to quality products, customer service, and contributing to food security through innovative agricultural solutions. They also offer after sales services, online support, global marketing and service network.
Fliar Intelligence Index™ 45how this company ranks against its industry peers
Funding
top 36%Market
top 45%Growth
top 45%Global
bottom 29%Tech
bottom 22%Funding: Raised $248M across 1 rounds · 1 rounds over 4 yrs (0.2/yr) · Last round Unattributed (Apr 2022)
Market: 221 employees (top 18% of Industrial Goods and Manufacturing) · Top-5,000,000 web property
Funding rounds
- Apr 2022Unattributed$248.1M
Investors
SDIC Innovation
Tech stack
AddtoanyApache Http ServerCart FunctionalityCnzzGoogle AnalyticsGsap
#9
Series A · Pudong, Shanghai · founded 1995 · 350 employees$55.5Mraised▾
Series A · Pudong, Shanghai · founded 1995 · 350 employees
Developer of industrialized digital solutions and supporting applications designed for manufacturing enterprises. The company is committed to providing customers with overall solutions for digital enterprises, intelligent manufacturing and digital workshop management based on industry segmentation, helping enterprises to control digital innovation and accelerate the conversion of new kinetic energy.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Funding
top 42%Global
bottom 48%Funding: Raised $55.5M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Series A (Jun 2023)
Global: Investors from 1 country beyond China
Funding rounds
- Jun 2023Series A$21.1M
- Oct 2022Series A$34.4M
Investors
Shanghai Zhangjiang Technology Venture Capital, Shanghai Science and Technology Venture Capital, Yinhe Yuanhui Investment, Qiancheng Capital, Zheling Investment Management, Qingdao Guozhu Capital
#10
Series B · Hong Kong, Hong Kong · founded 2014$50Mraised▾
Series B · Hong Kong, Hong Kong · founded 2014
Manufacturer of semiconductors
Fliar Intelligence Index™ 37how this company ranks against its industry peers
Talent
top 28%Funding
top 30%Innovation
top 40%Patents
top 40%Growth
top 45%Moat
top 45%Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $50.0M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) · Last round Venture Debt (Aug 2023)
Innovation: 21 patents (top 35% of patent-holders)
Funding rounds
- Aug 2023Venture Debt—
- Jan 2023Series B$50M
Founders & team
Investors
Cowin Capital, Hillhouse, SAIC Capital, Wise Road Capital, Intel Capital
Tech stack
EmotionJssMuiPwaReactTengine
#11
Series A · Huzhou, Zhejiang · founded 2022 · 200 employees$13.8Mraised▾
Series A · Huzhou, Zhejiang · founded 2022 · 200 employees
Provider of high-precision machining services intended to cater to the semiconductor, photovoltaic, wind power and heavy industry sectors. The company's services include precision parts manufacturing, large structural components, welding, precision processing and surface spraying, enabling industries to acquire precise parts for their manufacturing needs.
Fliar Intelligence Index™ 65how this company ranks against its industry peers
Market
top 36%Funding
top 41%Global
bottom 29%Market: 200 employees (top 20% of Industrial Goods and Manufacturing)
Funding: Raised $13.8M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) · Last round Series A (May 2024)
Global: Single-market focus (China)
Funding rounds
- May 2024Series A—
- Jul 2023Series A$13.8M
Investors
Jushi Ventures, Addor Capital, Yida Capital, Leading Capital, ZSVC, Mingzhi Technology
#12
Series B · Beijing, Beijing · founded 2018 · 111 employees$86.5Mraised▾
Series B · Beijing, Beijing · founded 2018 · 111 employees
Provider of industrial internet platforms, solutions, and related support services. It offers platforms designed for industrial applications, along with associated solutions. The company delivers support services related to its platform and solution offerings. It publishes white papers, customer case studies, and industry-related news. The business also provides information on policies and industry practices.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Funding
top 31%Global
bottom 48%Funding: Raised $86.5M across 2 rounds · 2 rounds over 7 yrs (0.3/yr) · Last round Series B (Jan 2023)
Global: Investors from 1 country beyond China
Funding rounds
- Jan 2023Series B$43.4M
- Dec 2019Series A$43M
Investors
Hillhouse, China Electronics Technology Fund Management, zxrc, Xinhua Newspaper Media, AMAC, SAIF Partners
Funding & investor landscape
$2.8Btotal disclosed funding
39companies funded
46disclosed rounds
0rounds last 90 days
Most active investors
Notable founders
Torsten Bollweg
CEO Europe · Positec Group
Huajing Jiang
CEO · TERJIN
Craig Fan
Co-Founder & CTO · Ningbo Hansheng Transmission Technology
Guo Chuan
Co-Founder & CEO · Zhejiang Konghui Automobile Technology
Guo Konghui
Co-Founder · Zhejiang Konghui Automobile Technology
Xiyou Guan
CEO · Shenyang Machine Tool
Wang Hongbo
Co-Founder · Capcon
Wang Honggang
Co-Founder · Capcon
Chengke Yin
Founder & CEO · Suzhou Supermag Intelligent Technology
He Pengyu
CEO · Ganzhou Good Friends Technology
Chen Wencheng
Founder & CEO · Multiway Robotics Technology
Lu Xueyuan
CEO · Wenext
Prism market signals · China · country-scoped Prism corpus, 249,150 docs
Market landscape — 10 sub-themes by coverage
Share of Manufacturing Services coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · China
How research on Additive Manufacturing / 3D Printing is moving in China
A read on the academic research around Additive Manufacturing / 3D Printing — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 7,036 China-affiliated papers.
research sentiment over time
201420202026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 57% → 62% across 2014–2026.
top research entities
- Chinese Academy of Sciences405
- Zhejiang University271
- Tsinghua University221
- Huazhong University of Science and Technology221
- Xi'an Jiaotong University217
leading researchers
Hao Zhang · Yang Liu · Jianzhong Fu · Bin Liu · Zhonghua Li · Luquan Ren · Peng Wang · Dongdong Gu
▲
Breakthroughs1,823 · 26%
▲ 21%→27% share
▲1.3× share momentum7 median citations74% since 2021mostly methods-led
Nanotechnology breakthroughs are surging — Chinese AM papers rose 10× (25→256), with elastomer and soft robotics emerging as brand-new frontier sub-topics.
rising sub-themes (early→recent)
- Nanotechnology25→256
- Composite material16→232
- Fabrication23→208
- 3d printed6→119
- Selective laser melting7→106
Newly emergingElastomer 0→43 · Soft robotics 0→40 · Alloy 0→39
Landmark Effect of bioink properties on printability and cell viability for 3D bioplotting of embryonic stem cells · 989 cites
◆
Advancements3,759 · 53%
▼ 59%→53% share
▼0.9× share momentum6 median citations70% since 2021mostly empirical
Selective laser melting advancement research intensified nearly 10× (68→657), now dominating microstructure and tensile-strength characterisation across Chinese institutions.
rising sub-themes (early→recent)
- Selective laser melting68→657
- Composite material47→624
- Microstructure30→438
- Ultimate tensile strength25→317
- Alloy13→270
Newly emergingPhotopolymer 0→37 · Aerospace 0→37 · Fused filament fabrication 0→35
Landmark Research on the printability of hydrogels in 3D bioprinting · 647 cites
▼
Concerns462 · 7%
▼ 8%→7% share
▼0.9× share momentum8 median citations73% since 2021mostly reviews
Concern-flagged composite material research grew 10× (5→48), with fused deposition modeling and process engineering newly entering the risk-monitoring segment.
rising sub-themes (early→recent)
- Selective laser melting11→58
- Nanotechnology6→51
- Composite material5→48
- 3d printed2→44
- Mechanical engineering4→42
Newly emergingLaser 0→16 · Process engineering 0→15 · Fused deposition modeling 0→15
Landmark 3D bioactive composite scaffolds for bone tissue engineering · 1,304 cites
RESEARCH HOTSPOTS · China
Where additive manufacturing is researched across China
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Beijing1387 · +0.54
Shanghai589 · +0.55
Guangzhou/Shenzhen509 · +0.55
Nanjing456 · +0.51
Wuhan394 · +0.53
Hangzhou387 · +0.61
Harbin235 · +0.51
Hefei123 · +0.60
PATENT SIGNAL · China
Who's filing additive manufacturing patents in China
China additive manufacturing patent filing is accelerating — 4,784 filings from 1,371 assignees (2016–2025), led by Shenzhen Creality 3D TECH, Triastek, UNIV Huazhong Science TECH; annual filings 112→804.
4,784 filings1,371 assigneespeak 804/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- Shenzhen Creality 3D TECH199
- Triastek132
- UNIV Huazhong Science TECH124
- Shenzhen Anycubic Technology118
- Zhuhai Sailner 3D TECH98
- UNIV Nanjing Aeronautics & Astro91
- Guangzhou Heygears IMC87
- Shenzhen Tuozhu TECH72
Common questions
How many Manufacturing Services companies are there in China?
Radar tracks 886 indexable Manufacturing Services companies headquartered in China that meet our profile-completeness bar.
What is the total funding raised by Manufacturing Services companies in China?
The Manufacturing Services companies in China on this list have raised a combined $2.8B in disclosed equity funding across 39 funded companies.
Which is the highest-funded Manufacturing Services company in China?
China Energy Engineering Group is the highest-funded Manufacturing Services company in China, with $944.5M in disclosed equity funding.
How many Manufacturing Services companies in China are funded?
39 of the 886 Manufacturing Services companies in China on this list have disclosed at least one equity funding round.
How many Manufacturing Services unicorns are there in China?
None of the Manufacturing Services companies in China on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in China Manufacturing Services companies?
The most active investors in China Manufacturing Services companies on this list include Addor Capital, Fortune Capital, Shenzhen Capital Group, Tianxing Capital, Yonghua Capital.
Rohit KhannaTrends & Stories
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.