XinHeng Technology

Founded in 2007 and based in Suzhou, China, XinHeng Technology began operations by developing automated dispensing equipment for small-pack TCM herbal pieces. Over the years, it has launched successive generations of automated herbal dispensing and formula granule dispensing machines, introduced unmanned intelligent decoction rooms and integrated these with mobile internet platforms for hospitals. It has led national TCM decoction standards, undertaken multiple provincial and municipal research projects and earned awards including the China Patent Award and Jiangsu Pharmaceutical Science and Technology Progress Award. In August 2025, the firm raised an undisclosed amount in series B funding from Guangdong Zhongguang Investment Management and Weixi Venture Capital.

The company generates revenue through the sale of automated pharmacy and decoction equipment, software solutions and related maintenance and support services to hospitals and other healthcare providers. The company generates revenue through the sale of automated pharmacy and decoction equipment and related maintenance and support services to hospitals and other healthcare providers. The company plans to use the fund from the latest round to expand its market presence, accelerate the development of its TCM intelligent pharmacy industrial chain and enhance integration of AI-driven automation technologies in its product lines.