Hechuan Technology raises $29.7M for capacity expansion

China's Hechuan Technology (HCFA) raised US$29.7 million in a post-IPO equity placement to fund capacity expansion for core industrial automation components, including servo systems and PLCs, and to upgrade production lines.

“The company will fund capacity expansion for core components and top up working capital.”dealroom.co

• 1 source
• dealroom.coHechuan raises $32.4M in post-IPO equity for factory parts expansion | Dealroom NewsNov 11, 2026

Summarized from public sources; check the original articles before acting on it.