Hangzhou Xingrong Technology

Hangzhou Xingrong Technology

MLCC passive components and ceramic materials manufacturer.

HQ location
Hangzhou, China
Launch date
Enterprise value
$11—17m
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DateInvestorsAmountRound
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CNY20.0m

Seed
Total Funding000k
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Hangzhou Xingrong Technology Co., Ltd., founded in 2021, is a high-tech company specializing in the research, development, production, and sales of Multilayer Ceramic Capacitors (MLCC) and ceramic materials. The company's CEO is Xu Haibo. The research and development team is a joint effort between Japanese scientists and overseas-trained doctors, while the production and sales teams are managed by executives with extensive industry experience.

The company's primary products are MLCC passive components, which are crucial for storing and quantitatively transmitting electricity in circuits, as well as preventing electromagnetic interference. Xingrong Technology also produces ceramic formula powder. The firm serves industrial clients and aims to provide high-performance electronic components and customized service experiences. Its business model is venture capital-backed, and it generates revenue through the production and sale of its components.

Since its founding, Xingrong Technology has achieved several milestones. In 2022, it secured a Series A investment from Hangzhou Qiantang Hegang Venture Capital Partnership. The company received recognition as a high-level talent project in Hangzhou's Qiantang District in the same year. By March 2024, it had completed another early-stage venture capital funding round. The company holds a patent for a method of preparing X8R ceramic dielectric material, granted in October 2024.

Keywords: MLCC, multilayer ceramic capacitors, passive components, ceramic materials, electronic components, industrial supplies, specialty chemicals, venture capital, Xu Haibo, Hangzhou, electronic manufacturing, high-tech, ceramic powder

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