Hangzhou Iecho Science & Technology Co., Ltd. Asset Profile

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Year established

1993

Location

Hangzhou Zhejiang China

Primary Industry

Industrial Machinery

About

Based in Hangzhou, China and founded in 1993, Hangzhou Iecho Science & Technology Co., Ltd is a global digital cutting solution provider with more than 300 employees. Its Garment CAD software was first promoted by the China National Garment Association in 1996 as a CAD system with a domestic independent knowledge brand. The company launched its first autonomous flat cutting system in 2009 and engaged in the development of smart cutting devices. In 2019, it fully entered the advertising graphic packaging industry. The company was listed on the Shanghai Stock Exchange in 2021. The company manufactures digital cutting equipment. Its main products include PK Automatic Intelligent Cutting system, modules, and tools for digital cutting equipment. It also provides professional products and technical services for more than ten industries such as clothing, automotive interiors, advertising packaging, composite materials and luggage. It provides cutting systems, head cutters, feeding systems, vision systems and software products. In additional, it has its own research and development team but also has an operation and maintenance service team. The company’s revenue is generated by selling smart cutting equipment, modules and tools. In 2019, the company generated operating income of RMB 211.19 million, of which net profit was RMB 44.72 million. In the future, Hangzhou Iecho Science & Technology Co., Ltd. will carry out three projects including the new intelligent cutting equipment production line project, the intelligent equipment industrialization base (R&D center) construction project and the marketing service network upgrade construction project. It will strengthen technology and R&D upgrades and increase the company's production capacity, expand the application field of the company’s products, broaden the company’s product line, further increase the market influence of the company’s products and create brand effects.

Current Investors

China Soft Capital, Kylin Capital, Zheda Youchuang Capital

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Primary Industry

Industrial Machinery

Sub Industries

Industrial Machinery, Software

Website

www.iechosoft.com

Verticals

Artificial Intelligence

Company Stage

Mature

Total Amount Raised

Subscriber access only

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