Nantong Ruidong Secures Pre-A+ Funding to Accelerate New Energy Powertrain Industrialization

Investors (ID: pedaily2012), Feb 6 — According to recent reports, Nantong Ruidong New Energy Technology Co., Ltd. has successfully closed a Pre-A+ financing round amounting to tens of millions of RMB. The round was led by Zero2IPO Capital (清科产投), with participation from prominent domestic funds including Fuzhong Capital and Haoen Jian素. The proceeds will be primarily allocated to the construction of a new energy powertrain production base in Huai'an, Jiangsu, as well as the research and development of new energy marine propulsion systems and drone range extender systems.
Founded in 2020, Ruidong New Energy specializes in the R&D, production, and sales of power systems for new energy intelligent transportation. The company has established itself as a highly competitive power system supplier within China's new energy intelligent transportation sector.

                                                Ruidong New Energy Nantong Manufacturing Base

Leveraging robust R&D capabilities, the company has achieved continuous breakthroughs in the powertrain sector. Its independently developed electronic control products have been successfully deployed in multiple mass-produced vehicle models, earning widespread market recognition.Notably, the company’s flagship power-split hybrid powertrain has been successfully launched in domestic light-duty trucks. By delivering best-in-class energy efficiency, this product has shattered the dominance of overseas enterprises in high-efficiency power-split technology, showcasing the formidable strength of domestic independent innovation.Concurrently, the company continues to intensify its R&D investment, accumulating a portfolio of patents. Key intellectual property includes core patents for "Automotive Hybrid Power Systems" and "Longitudinal Series-Parallel Two-Speed Hybrid Transmissions." Through continuous technological iteration, Ruidong optimizes product performance and reduces manufacturing costs, further solidifying its competitive edge in the industry.
                                                 

          Ruidong VCU Product & Market Strategy
In terms of market layout, Ruidong New Energy continues to push boundaries, achieving comprehensive coverage across multiple fields and scenarios. The company has successfully expanded its product applications from the traditional automotive sector into diverse niche markets, including new energy motorcycles, drones, and marine vessels. This strategic expansion has broken industry application limitations and unlocked significant multi-market potential. Overseas markets serve as a critical growth engine for the company. Grounded in local market demands, Ruidong innova
                                                          

        Ruidong Passenger Vehicle Power-Split (PS) DHT

Investor Perspective

The investment team at Zero2IPO Capital commented, "The wave of automotive electrification is profoundly reshaping the competitive landscape of the industry, with its influence increasingly spilling over into related fields such as embodied intelligence, drones, and intelligent transportation equipment. Relying on its distinct technological strengths, the Ruidong New Energy team has successfully achieved a commercial closed loop for its core products, earning widespread recognition from both the market and customers."
                                       
                                                      Ruidong Commercial Vehicle Power-Split (PS) DHT

Haoen Jiansu Team commented:

"Electrification and intelligence are the core development themes of the automotive industry for the foreseeable future. These two trends are accelerating their convergence and deep application, spawning new industrial opportunities. Ruidong New Energy possesses profound accumulation and distinct advantages in hybrid technology and automotive electronic control. We look forward to the company achieving breakthroughs in automotive electronic hardware, thereby realizing a further elevation of its core value."

Fuzhong Capital Team stated:

"Under the leadership of Founder Dr. Liang, Ruidong New Energy has established solid technical barriers and successfully achieved product commercialization and market rollout. Currently, as China comprehensively advances the layout of future industries, the broad sector of intelligent transportation is poised to witness a wave of electrification transformation. Notably, the new energy marine vessel sector holds immense development potential and is expected to emerge as the next industrial trendsetter following the new energy vehicle boom."