On May 5th, Wuxi Little Swan Precision Casting Co., Ltd. (hereinafter referred to as "Wuxi Little Swan"), Kunwu Jiuding Investment Management Co., Ltd. (hereinafter referred to as "Jiuding Investment"), Shenzhen Innovation Investment Group Co., Ltd. (hereinafter referred to as " "Shenzhen Venture Capital" and Forbes Capital and other institutions have officially signed an investment agreement, Wuxi Little Swan received a capital injection of more than 100 million yuan.
Wuxi Little Swan is a Sino-foreign joint venture jointly established by Yixing Yintian Trading Co., Ltd. and Hong Kong Xizhou International Co., Ltd. The company has the world's leading DISA casting equipment, casting technology and testing equipment, and now has assets of 150 million yuan. It is understood that the annual production of castings in Wuxi Little Swan has reached 30,000 tons, mainly focusing on the production of castings in compressors, automobiles, pumps and related fields. Its downstream customers include Panasonic, Siemens, WILO, Cummins, NVCC and other domestic and foreign household appliance giants .
The consumer industry has always been one of the investment areas that Jiuding Investment and Shenzhen Venture Capital focus on. Since its establishment, Jiuding Investment has successively invested in many consumer enterprises such as Hongqi Chain, Langzi Clothing and Jingya Food. So far, Shenzhen Venture Capital has invested more than 300 projects, of which consumer companies also accounted for a considerable proportion.
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