Recently, Zongwei Technology announced the completion of its Pre-C++ round of financing worth 200 million yuan. This round was led by Matrix Partners China, with participation from existing shareholders including Shunwei Capital, Lanchi Ventures and Shengbao Capital. The financing funds will be primarily utilized for the continuous research and development and large-scale implementation of core products such as intelligent magnetic drive motion control platforms, planar magnetic levitation and special motors, and to further support capacity expansion and the upgrade of its global delivery and service system.


Founded in 2020, Zongwei Technology mainly focuses on product R&D and industrial application centered on intelligent magnetic drive motion control platforms. Currently, the company has formed a product matrix of sTrak systems covering production line scenarios such as circular, divergent, heavy-load and high-speed logistics, and further expands the application of magnetic drive systems in the field of industrial intelligent motion control through sTrak Studio.


Building on its intelligent magnetic drive conveying business, Zongwei Technology leverages its accumulated technologies in motion control, electromagnetic design and mechanical engineering to further extend its products to industrial intelligent core components such as planar magnetic levitation platforms, joint motors and special motors. The application scenarios of related products encompass new energy, consumer electronics, AI infrastructure, the automotive industry, semiconductors, consumer goods, healthcare and embodied intelligence. To date, the company has successfully implemented over 2,000 projects, with a cumulative delivery length of magnetic drive conveying systems exceeding 90,000 meters, and its products have been delivered to more than 16 countries and regions globally.


As the legal counsel and a long-term partner of Matrix Partners China, Llinks provided professional legal services for this project, including legal due diligence, the drafting and negotiation of transaction documents, and closing, leveraging its rich project experience in the field of investment and financing.

 

Llinks Engagement Team

Colin Shi, Partner

Jerome Tang, Contractual Partner

Georgia Gao, Associate


Other Team members

Chris Liu