Core Insights - Smart suspension supplier Shijia Technology has recently completed a multi-hundred million yuan Series A strategic financing led by Geely Xingyuan, with participation from several industry capitals and Tongji University Innovation Fund [2][4] - The company aims to become a representative enterprise in China's suspension sector within the global top 100 supply chains over the next decade [4] Company Overview - Established in 2021 and located in Shanghai, Shijia Technology focuses on the independent research and development of smart suspension control systems and air supply units [3] - The core team comprises members from top universities such as Tongji University, Tsinghua University, Beijing Institute of Technology, and the University of Stuttgart, all with over ten years of experience in OEM and international component industries [3] - The company has successfully launched innovative products like the "eight-in-one integrated closed air supply module" and "fully active air suspension system," significantly enhancing the driving experience under complex conditions [3] Financing Purpose - The financing will primarily be used for the research and development of key technologies for the third-generation fully active suspension and the construction of an advanced smart manufacturing center with an annual production capacity of 500,000 sets [4] Investment Rationale - Geely Xingyuan's representatives highlighted Shijia Technology's strong technical capabilities and innovation in the smart suspension field, along with the core team's extensive industry experience and the company's full-stack development and mass production capabilities [5] - The investment aligns with the automotive industry's trend towards intelligence and Geely Xingyuan's strategic focus on cutting-edge technology, with Shijia Technology expected to occupy a significant position in the smart suspension market [5] Investment Ecosystem Perspective - The investment reflects the high importance placed on smart suspension as a key component of automotive intelligence, receiving significant government and industry attention [6] - Recent government policies have supported innovation in automotive component enterprises, and local governments have actively provided support for company operations [6] - This financing not only showcases Shijia Technology's technical strength and market potential but also indicates investor confidence in its future development, contributing to the advancement of smart suspension technology and the upgrading of the automotive industry [6]