
About Hengwei Oil
Hengwei Oil is a Transportation, Automotive & Logistics company based in Haidian (China) founded in 2000 by Wang Yang. Fuel additives and chemicals for petroleum refineries are manufactured. It operates on a Reseller / Distribution model. Hengwei Oil has raised $1.69 million across 1 funding round. Hengwei Oil offers products and services including Fuel Additives. Its focus areas include Energy, Oil & Gas and Fuel Additives. Its legal entity is Beijing Huaye Hengwei Oil New Technology Co., Ltd.
Company details
Beijing Huaye Hengwei Oil New Technology Co., Ltd., known as Hengwei Oil, is involved in the development and distribution of fuel additive technologies. The company operates within the energy sector, focusing on oil and gas solutions. Partnerships and supply agreements with major enterprises are maintained to ensure product reach. Research and technical collaborations are pursued to enhance innovation in fuel efficiency solutions.
- Headquarters Haidian, China
- Founders Wang Yang
- SectorsTransportation, Automotive & Logistics
- Phoneβ’β’β’β’ β’β’β’β’
- Website howwy.com
- Legal Name Beijing Huaye Hengwei Oil New Technology Co., Ltd.
- Total Equity Funding$1.69M (USD)
in 1 rounds
- Latest Funding Round$1.69M (USD), Seed
Jun 2000
Products & Services of Hengwei Oil
Hengwei Oil offers a comprehensive portfolio of products and services, including Fuel Additives.
Fuel additives are developed for enhancing fuel efficiency.
Funding Insights of Hengwei Oil
Hengwei Oil has successfully raised a total of $1.69M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.69 million completed in June 2000. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1.69M
- Total Rounds 1
- Last Round Seed β $1.69M
- First Round $1.69M
(Jun 2000)
All 1 funding rounds of Hengwei Oil with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2000 | $1.69M | Seed | β | β | β |
People of Hengwei Oil
1 people are tracked at Hengwei Oil (1 in leadership).
| Name | Role | Group |
|---|---|---|
Wang Yang | Founder & Owner | Leadership |
Complete people profiles for Hengwei Oil
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Hengwei Oil
2 dated milestones of Hengwei Oil, from founding to its latest funding, stage changes and deals.
- Founded Hengwei Oil is founded.
- Funding First funding round of $1.7M.
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Frequently Asked Questions about Hengwei Oil
Hengwei Oil was founded in 2000.
Hengwei Oil is headquartered in Haidian, China. It is registered at Haidian, Beijing, China.
Hengwei Oil is a funded company, having raised a total of $1.69M across 1 funding round to date. The company's 1st funding round was a Seed of $1.69M, raised on Jun 2000.
Beijing Huaye Hengwei Oil New Technology Co., Ltd., known as Hengwei Oil, is involved in the development and distribution of fuel additive technologies. The company operates within the energy sector, focusing on oil and gas solutions. Partnerships and supply agreements with major enterprises are maintained to ensure product reach. Research and technical collaborations are pursued to enhance innovation in fuel efficiency solutions.
Hengwei Oil offers Fuel Additives.
Hengwei Oil operates through Beijing Huaye Hengwei Oil New Technology Co., Ltd..