About HiRain Technologies
HiRain Technologies is a company based in Beijing (China) founded in 1998. HiRain Technologies has raised $29.66 million across 2 funding rounds from investors including CITIC, China Renaissance Group and SAIC Capital. The company has 7,330 employees as of December 31, 2024. HiRain Technologies operates in a competitive market with competitors including Cummins, SEDEMAC, Valeo, UNO Minda and Schaeffler, among others.
- Headquarter Beijing, China
- Employees 7330 as on 31 Dec, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Beijing Jingwei Hirain Technologies Co., Inc. Class A
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Annual Revenue
$754.86 M (USD)18.27as on Dec 31, 2024
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Net Profit
-$75.39 M (USD)-153.3as on Dec 31, 2024
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EBITDA
-$63.58 M (USD)-72.11as on Dec 31, 2024
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Total Equity Funding
$29.66 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
CITIC
& 7 more
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Employee Count
7330
as on Dec 31, 2024
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IPO & Listings of HiRain Technologies
HiRain Technologies is a publicly listed company on the SSE with ticker symbol 688326 in China, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of HiRain Technologies
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Funding Insights of HiRain Technologies
HiRain Technologies has successfully raised a total of $29.66M across 2 strategic funding rounds. 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 Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(30 Jun 2020)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2020 | Amount | Series B - HiRain Technologies | Valuation | SAIC Capital , GAC Capital |
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| Jun, 2020 | Amount | Series B - HiRain Technologies | Valuation | China Renaissance Group |
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Investors in HiRain Technologies
HiRain Technologies has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include CITIC, China Renaissance Group and SAIC Capital.
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Investments & Acquisitions by HiRain Technologies
Financial Statements - HiRain Technologies
Hirain Technologies Comparisons
Competitors of HiRain Technologies
HiRain Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cummins, SEDEMAC, Valeo, UNO Minda and Schaeffler, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
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| domain | founded_year | HQ Location |
Electrical and electronic parts for automobiles are provided by SEDEMAC.
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| domain | founded_year | HQ Location |
Automotive products and services are supplied globally to automakers.
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| domain | founded_year | HQ Location |
Manufacturer and supplier of major auto components to OEMs and tier 1 companies
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| domain | founded_year | HQ Location |
Automotive components and systems are manufactured for vehicles.
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Latest news on Hirain Technologies
Frequently Asked Questions about HiRain Technologies
HiRain Technologies was founded in 1998 and raised its 1st funding round 22 years after it was founded.
HiRain Technologies is headquartered in Beijing, China.
Yingcun Ji is the current CEO of HiRain Technologies.
HiRain Technologies is a funded company, having raised a total of $29.66M across 2 funding rounds to date. The company's 1st funding round was a Series B of $29.66M, raised on Jun 30, 2020.
As of Dec 31, 2024, the latest employee count at HiRain Technologies is 7,330.
Annual revenue of HiRain Technologies is $754.86M as on Dec 31, 2024.
Founded in 1998 and based in Beijing, China, Hirain Technologies operates in the automotive electronics sector. Electronic components, including adaptive headlamp control systems, electric power steering units, driver assistance sensors, body controllers, and powertrain systems, are manufactured, supplied, and exported to original equipment manufacturers. Products support cars and commercial vehicles, with clients such as General Motors, Ford, and Jaguar Land Rover served.
Yes, HiRain Technologies is publicly traded on SSE under the ticker symbol 688326.
HiRain Technologies has 8 investors. Key investors include CITIC, China Renaissance Group, SAIC Capital, GAC Capital, and BAIC Group Industrial Investment.
The ticker symbol of HiRain Technologies is 688326 on SSE.