Core Insights - Zhiqu Technology has completed A+ round financing, raising over 100 million RMB to support business development [1] - The financing will be used for the construction of production lines for the fourth generation flat wire rotor products and the new generation multi-in-one electric drive assembly [1] - The company provides one-stop electric drive system solutions for various new energy applications, serving major domestic automakers and eVTOL companies [1] Financing Details - A round financing was led by Xingtai Capital, with participation from Xingtai Venture Capital and Guoxin Capital, while existing shareholder Qingkong Yinxing increased its stake [1] - A+ round financing was led by the 125 Industry Fund [1] Production Capacity and Product Range - Zhiqu Technology has established production capabilities of 400,000 pure electric drive systems, 200,000 hybrid power boxes, and 700,000 round and flat wire rotors [1] - The product range includes pure electric drive systems and hybrid systems, with motor power ranging from 30 kW to 250 kW, and includes air-cooled, water-cooled, and oil-cooled complete assembly products [1] Company Background - Zhiqu Technology was founded on December 28, 2020, with a registered capital of 8.6087 million RMB [2] - The actual controller, Zhong Cheng, holds 46.46% of the voting rights [2]