JingXi ZhiXing Valuation, Funding & Investors

JingXi ZhiXing is valued at $1.9B as of April 2025.

Last JingXi ZhiXing valuation

$1.9B

Strategic investment · Apr 2025

Last JingXi ZhiXing funding round

$69M

Strategic investment · Apr 2025

Cumulative funding JingXi ZhiXing raised

$348M

across 2 funding rounds

Key investors in JingXi ZhiXing

  • Shenzhen Investment Holdings
  • HOPU Investment Management Company
  • Shenzhen Shenshan Special Cooperation Zone
  • Yunshi Global Capital
  • Zhangjiakou Financial Holding Group

JingXi ZhiXing Overview

About JingXi ZhiXing

JingXi ZhiXing supplies chassis systems, suspension components, and brake assemblies for commercial vehicles and heavy-duty trucks in the Chinese automotive market.


Founded

2022

HQ

ChinaZhangjiakou

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Valuation

$1.9B (Apr 2025)

JingXi ZhiXing Valuation

JingXi ZhiXing is currently valued at $1.9B, based on its strategic investment round in April 2025.

The $69M round was led by Shenzhen Investment Holdings.

JingXi ZhiXing valuation by funding round

JingXi ZhiXing valuation by funding round
DateStageValuation
Apr 2025Strategic investment$1.9B

JingXi ZhiXing Funding History

JingXi ZhiXing has raised a total of $348M across 2 funding rounds.

JingXi ZhiXing's first fundraising round was a $279M Series A in June 2023. The most recent completed round was a $69M strategic investment round in April 2025.

JingXi ZhiXing funding rounds

JingXi ZhiXing funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2025Strategic investmentShenzhen Investment Holdings (lead)$69M$1.9BJingXi ZhiXing (Jingxi Zhixing) is a Chinese company specializing in intelligent vehicle chassis supply chain components, including the first mass-produced MagneRide® magnetorheological suspension system in China and the iDBC1 brake-by-wire system exported to Europe. It serves over 50 global automotive brands with dozens of products and holds unicorn status as the only such enterprise in its sector per the Hurun Global Unicorn List 2025, released in June 2025, valuing it at 13 billion yuan. Jingxi Zhixing reports an annual global sales volume of approximately 8 billion yuan, reflecting significant scale despite market slowdowns. It underwent strategic changes in product management, organizational structure, and supply chain innovation to address last year's financial losses and aim for profitability in the current year. Cost controls are strong, with raw materials at 52% of costs versus industry 70-80%, bolstered by localization of core components. The company sets benchmarks in the chassis track against European and American giants amid global automotive electrification and intelligence trends.
Jun 2023Series AZhangjiakou Financial Holding Group (lead); Shenzhen Shenshan Special Cooperation Zone; Shenzhen Investment Holdings; Yunshi Global Capital; HOPU Investment Management Company$279M-JingXi ZhiXing, a manufacturing company based in Zhangjiakou, China, raised $290.7M in a Series A round during Q2 2023, as noted in KPMG's Venture Pulse report.

Who has invested in JingXi ZhiXing?

5 investors have backed JingXi ZhiXing across its funding rounds, including Shenzhen Investment Holdings, HOPU Investment Management Company, Shenzhen Shenshan Special Cooperation Zone, Yunshi Global Capital and Zhangjiakou Financial Holding Group.

Lead investors include Shenzhen Investment Holdings and Zhangjiakou Financial Holding Group.


JingXi ZhiXing Investors

Investors in JingXi ZhiXing by funding rounds participated
InvestorHQRoundsRoleFirst check
Shenzhen Investment HoldingsChinaShenzhen2LeadJun 2023
Shenzhen Shenshan Special Cooperation ZoneChinaShenzhen1ParticipantJun 2023
Yunshi Global Capital--1ParticipantJun 2023

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JingXi ZhiXing Competitors

JingXi ZhiXing competitors include listed companies like Castrol India, OPmobility, Gestamp and FORVIA, and private ones like Carzone and XLMEC.

Public and private companies comparable to JingXi ZhiXing
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Castrol IndiaIndiaIndiaPublicly listed$594M$140M$2B2.9x
OPmobilityFranceFrancePublicly listed$12B$902M$2B0.3x
GestampSpainSpainPublicly listed$13B$1.5B$2B0.4x
FORVIAFranceFrancePublicly listed$25B$917M$2B0.4x
CarzoneChinaNanjingPrivate--$1.5B-
XLMECChinaChongqingPrivate--$1.3B-

JingXi ZhiXing Public Comps

JingXi ZhiXing is still privately-owned, but its public comps include Castrol India, OPmobility, Gestamp, FORVIA, Jiangsu Leili Motor Corp, Ola Electric, LCI Industries, HL Mando, BDStar and Phinia.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Castrol India$594M$140M3.2x2.9x13.5x12.5x
OPmobility$12B$902M0.3x0.3x4.1x3.3x
Gestamp$13B$1.5B0.4x0.4x3.5x3.4x
FORVIA$25B$917M0.4x0.4x11.8x3.4x
Jiangsu Leili Motor Corp$623M$79M3.3x2.9x25.6x27.2x
Ola Electric$215M($97M)8.8x7.9x(19.5x)(21.4x)
LCI Industries$4.1B$412M0.7x0.7x7.4x7.1x
HL Mando$6.9B$486M0.4x0.4x5.7x5.0x

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Common questions about JingXi ZhiXing

When was JingXi ZhiXing founded?JingXi ZhiXing was founded in 2022.
Where is JingXi ZhiXing headquartered?JingXi ZhiXing is headquartered in Zhangjiakou, China.
Is JingXi ZhiXing publicly listed?No, JingXi ZhiXing is a private, VC-backed company.
What is JingXi ZhiXing's valuation?JingXi ZhiXing was last valued at $1.9B in its strategic investment round in April 2025.
How much funding has JingXi ZhiXing raised?JingXi ZhiXing has raised $348M across 2 funding rounds.
What was JingXi ZhiXing's last funding round?JingXi ZhiXing's last funding round was a $69M strategic investment round in April 2025, led by Shenzhen Investment Holdings.
Who are JingXi ZhiXing's investors?JingXi ZhiXing's investors include Shenzhen Investment Holdings, Shenzhen Shenshan Special Cooperation Zone, Yunshi Global Capital, HOPU Investment Management Company and Zhangjiakou Financial Holding Group.
Which companies are comparable to JingXi ZhiXing?Companies comparable to JingXi ZhiXing include Castrol India, OPmobility, Gestamp, FORVIA, Carzone and XLMEC.

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