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- JingXi ZhiXing
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
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Valuation
$1.9B (Apr 2025)
Sectors
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
| Date | Stage | Valuation |
|---|---|---|
| Apr 2025 | Strategic 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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2025 | Strategic investment | Shenzhen Investment Holdings (lead) | $69M | $1.9B | JingXi 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 2023 | Series A | Zhangjiakou 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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Jun 2023 | ||
| 1 | Participant | Jun 2023 | ||
| -- | 1 | Participant | Jun 2023 | |
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialJingXi ZhiXing Competitors
JingXi ZhiXing competitors include listed companies like Castrol India, OPmobility, Gestamp and FORVIA, and private ones like Carzone and XLMEC.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $594M | $140M | $2B | 2.9x | ||
| Publicly listed | $12B | $902M | $2B | 0.3x | ||
| Publicly listed | $13B | $1.5B | $2B | 0.4x | ||
| Publicly listed | $25B | $917M | $2B | 0.4x | ||
| Private | - | - | $1.5B | - | ||
| Private | - | - | $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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $594M | $140M | 3.2x | 2.9x | 13.5x | 12.5x | |||
| $12B | $902M | 0.3x | 0.3x | 4.1x | 3.3x | |||
| $13B | $1.5B | 0.4x | 0.4x | 3.5x | 3.4x | |||
| $25B | $917M | 0.4x | 0.4x | 11.8x | 3.4x | |||
| $623M | $79M | 3.3x | 2.9x | 25.6x | 27.2x | |||
| $215M | ($97M) | 8.8x | 7.9x | (19.5x) | (21.4x) | |||
| $4.1B | $412M | 0.7x | 0.7x | 7.4x | 7.1x | |||
| $6.9B | $486M | 0.4x | 0.4x | 5.7x | 5.0x | |||
This data is available for Pro users. Sign up to see all JingXi ZhiXing competitors and their valuation data. Start Free Trial | ||||||||
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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