Core Insights - Suzhou Zongwei Technology Co., Ltd. has completed a multi-hundred million yuan Pre-C round financing, with investments from BlueRun Ventures and Jiangsu Province's New Industry Fund, aimed at product development and overseas market localization [1] - The company has achieved over sixfold growth in the output value of its intelligent magnetic drive products in the past year, delivering over 45,000 meters of production line [1] - Zongwei Technology is expanding its product offerings from magnetic drive systems to include key technologies such as large PLCs, drivers, motors, and encoders, positioning itself as a provider of infrastructure for flexible and intelligent upgrades in manufacturing [1] Company Overview - Zongwei Technology is one of the few domestic companies that has achieved full-stack self-research from software to hardware in the motion control technology sector [1] - The company's magnetic drive systems are highly versatile, catering to various production needs from small assembly to heavy load transportation, covering the entire industrial automation scene [1] - The sTrak series features a simple structure and frictionless transmission, making it particularly suitable for industries with high cleanliness and sterility requirements, such as food and beverage, pharmaceuticals, and cosmetics [2] Market Expansion - Zongwei Technology has made significant inroads in the Japanese, Korean, and Southeast Asian markets, with several leading companies deploying its magnetic drive systems on production lines [2] - The company is accelerating its expansion into the European market, focusing on localized certification, pilot collaborations, and partnerships with integrators, starting commercial operations in key manufacturing countries like Germany [2]