Xianglong Manufacturing
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Xianglong Manufacturing - overview
Established
2006
Location
Ningbo, Zhejiang, China
Primary Industry
Automobiles, Other Vehicles & Parts
About
Based in Ningbo, China and founded in 2006, Zhejiang XiangLong Manufacturing Co. ,Ltd. , trading as Xianglong Manufacturing, is an automotive parts enterprise specializing in the R&D, manufacturing, and sales of constant velocity drive shafts and transmission shafts. Currently, it has operations in Ningbo Jiangbei High-tech Zone, Ningbo Cixi Binhai Economic Development Zone, and Rayong Industrial Park in Thailand, along with one research center and one testing center.
It employs over 1,000 people, covers an area of over 300 acres and has an annual output value of 2 billion RMB. In October 2025, LY iTECH agreed to acquire a 96. 15 % majority stake in Xianglong Manufacturing for CNY 2. 4 billion.
The company specializes in providing high-quality mechanical products aimed at enhancing safety and comfort for transportation. The company’s core offerings include various types of machinery and equipment designed for the automotive and transportation sectors, focusing on efficiency and reliability. These products serve a diverse client base, including automotive manufacturers and transportation service providers, who utilize them to ensure that their operations meet industry standards for safety and comfort. The company generates revenue through direct sales to B2B clients, primarily within the automotive and transportation industries.
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.cn-sps.com
Verticals
Manufacturing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Xianglong Manufacturing - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Announced | Xianglong Manufacturing | - |
Displaying 1 - 1 of 1

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.