Txuan
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Txuan - overview
Established
2004
Location
Wuxi, Jiangsu, China
Primary Industry
Logistics & Distribution
About
Established in 2004 and based in Wuxi, China, Txuan operates as a rotary joints manufacturer that focuses on rotary joints, dynamic sealing, and related products R&D. The company listed on the new third board in January 2014, and the stock code is 430602. It promoted hydraulic rotary joints for the wind power industry in January 2022. The company was invested by ZEC Capital in 2011 and is the third largest shareholder of the company.
In November 2023, China Manufacturing Transformation and Upgrading Fund Company invested CNY 100 million in Txuan. Its main products include rotary joints, thermal oil rotary joints, steam rotary joints, centralized rotary joints, and high-speed hydraulic rotary joints. Water rotary joint includes water rotary joint for the medical industry, KRS M36X4 steam and water rotary joint, and H series water rotary unions. Wind power industry rotary joint includes ML series oil rotary joints for the wind power industry and multi-channel oil rotating unions.
The products can be used for iron and steel, paper, engineering machinery, chemical industry, and other fields. The company's revenue and net income for 2022 were CNY 136 million and CNY 8. 33 million, respectively.
Current Investors
Jolmo Capital, Qingyan Capital, Huayan Investment
Primary Industry
Logistics & Distribution
Sub Industries
Industrial Machinery, Electronic Components & Semiconductor Wholesalers
Website
www.tengxuan.net
Verticals
Manufacturing
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Txuan - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Txuan | - | ||||||||
| Growth | Completed | Txuan | - | ||||||||
| Growth | Completed | Txuan | - |
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