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2014
● Incubation at the Chinese Academy of Sciences.
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2016
● Start-up team was established.
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2018
● The charging pile production line is a market leader in its sector.
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2019
● CASMT was restructured and officially established.
● Focused on the rapidly growing new energy automotive sector.
● Launched a dedicated Lithium Battery New Energy Division.
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2020
● Completed the first round of angel financing, securing investment from Chang Venture Capital and the Chinese Academy of Sciences.
● Changzhou HQ: Xinxin Intelligent Industrial Park in Zhonglou District.
● Create a model workshop of Estun Digital Factory.
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2021
● Achieved annual sales approaching 100 million RMB.
● Completed Round A financing, securing investment from Wanbang New Energy and Estun Robotics.
● Established a R&D Center in Suzhou.
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2022
● Annual sales exceeded 260 million RMB.
● Completed Round B financing, securing a target of 100 million RMB.
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2023
● Achieved annual sales exceeding 500 million RMB.
● Expanded operations: two R&D centers, and six sales offices.
● Successfully completed Series B+ funding round.
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2024
● Annual sales exceeded 800 million RMB.
● Expanded operations with a new headquarters in Changzhou, covering over 45,000 square meters.
-
2027
● Apply for IPO.
