Recently, EZ-DRIVE announced the completion of consecutive Series A and Series A+ financing rounds, with a total amount exceeding 100 million RMB.

       Series A was led by Xingtai Capital, with participation from Xingtai Venture Capital and Guoxin Capital, while existing shareholder Tsinghua Holdings Gingko Tree Investment continued to increase its investment. Series A+ was led by Liuzhou 125 Industrial Fund.

       The proceeds will mainly be used for the construction of production lines for round-wire and flat-wire stator and rotor products for electric drive systems, to support the delivery of new business projects, and further expand the global market layout.

        EZ-DRIVE is one of the few professional third-party enterprises in China capable of mass-producing both pure electric and hybrid powertrains. Its product portfolio covers hybrid transmissions, pure electric drive systems, electric drive axles, and key components including stators and rotors.

        The company adopts lightweight materials and advanced thermal management technologies in the integrated design of motors and inverters, achieving a comprehensive system efficiency of over 95%. It has obtained designations from several leading automakers and entered the stage of large-scale mass production.

         In terms of production capacity, EZ-DRIVE has deployed multiple manufacturing bases across China.

         The automated rate of the production line at its Liuzhou subsidiary reaches nearly 70%. The company completed equipment positioning, cabling, power-on, commissioning, equipment verification, and trial production in only 2 months. The automation rates of the stator line and rotor line are as high as 70% and 80% respectively, making it the first automated stator and rotor production line in Guangxi.

         The stator and rotor production lines at the Hefei base were also put into operation in 2025, further strengthening the self-supply capacity of core components.

         The company has also built a comprehensive new energy powertrain laboratory, providing strong support for product performance and quality.

About Tsinghua Holdings Gingko Tree Investment

         Tsinghua Holdings Gingko Tree Investment is a venture capital fund management firm under Tsinghua Holdings, led by its management team. Founded in 2015 and headquartered in Beijing, it has offices in Shenzhen, Wuhan and Nantong.

         It has raised and managed nearly 20 funds with total assets under management of approximately 15 billion RMB, invested in more than 200 enterprises, and nurtured over 20 listed companies.

About Xingtai Capital

         Hefei Xingtai Capital Management Co., Ltd. (“Xingtai Capital”), founded in 2014, is a wholly-owned subsidiary of Hefei Xingtai Financial Holding (Group) Co., Ltd., the municipal financial holding platform of Hefei.

         With a registered capital of 200 million RMB and total assets exceeding 7 billion RMB, it is mainly engaged in fund management and project investment.

It manages various types of funds including fund of funds (including government guidance funds), direct investment funds and S funds, and holds the qualification of private equity fund manager.

         It is a vice-chairman unit of Anhui Private Equity Fund Association and chairman unit of Hefei Investment Fund Association.

About Liuzhou 125 Industrial Fund

         Liuzhou 125 Industrial Fund is a key investment vehicle established by the Liuzhou Municipal Government to promote the “125” Project of SAIC-GM-Wuling.

Focusing on the “125” Project, it mainly invests in key sectors of the new energy vehicle industry chain, aiming to drive industrial landing through equity investment and cover the full NEV industrial chain.

         As a core engine for the upgrading of Liuzhou’s new energy vehicle industry and an important pillar for high-quality regional economic development, the fund helps Liuzhou transform from a traditional industrial city into a highland for new energy technology through capital empowerment, industrial synergy and innovation-driven development.